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<P ALIGN="CENTER"><FONT SIZE=2><B>As Filed with the Securities and Exchange Commission on December&nbsp;18, 2001  </B></FONT></P>

<P ALIGN="RIGHT"><FONT SIZE=2><B> Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=5><B>SECURITIES AND EXCHANGE COMMISSION<BR>  </B></FONT><FONT SIZE=2><B>Washington, D.C. 20549  </B></FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=5><B>FORM S-8<BR>  </B></FONT><FONT SIZE=2><B>REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933  </B></FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=5><B>APEX MORTGAGE CAPITAL,&nbsp;INC.<BR>  </B></FONT><FONT SIZE=2>(Exact name of registrant as specified in its charter) </FONT></P>

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<TD WIDTH="33%" ALIGN="CENTER" VALIGN="BOTTOM"><FONT SIZE=2><B>Maryland</B></FONT><FONT SIZE=2><BR>
(State of Incorporation)</FONT></TD>
<TD WIDTH="33%" ALIGN="CENTER"><FONT SIZE=2><B>865 South Figueroa Street<BR>
Los Angeles, California 90017<BR>
(213) 244-0440</B></FONT><FONT SIZE=2><BR>
(Address of Principal Executive Offices)</FONT></TD>
<TD WIDTH="33%" ALIGN="CENTER" VALIGN="BOTTOM"><FONT SIZE=2><B>95-4650863</B></FONT><FONT SIZE=2><BR>
(I.R.S. Employer Identification Number)<BR></FONT>
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<P ALIGN="CENTER"><FONT SIZE=2><B>Amended and Restated 1997 Stock Option Plan<BR>  </B></FONT><FONT SIZE=2>(Full Title of Plan) </FONT></P>

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<TD WIDTH="45%" ALIGN="CENTER"><FONT SIZE=2><B>Philip A. Barach<BR>
Chief Executive Officer<BR>
Apex Mortgage Capital, Inc.<BR>
865 South Figueroa Street<BR>
Los Angeles, California 90017<BR>
(213) 244-0440</B></FONT></TD>
<TD WIDTH="10%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="45%" ALIGN="CENTER"><FONT SIZE=2><I>copy to:</I></FONT><BR>
<FONT SIZE=2><B>Peter T. Healy, Esq.<BR>
O'Melveny &amp; Myers LLP<BR>
275 Battery Street, Suite 2600<BR>
San Francisco, California 94111<BR>
(415) 984-8833</B></FONT></TD>
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<TD COLSPAN=3 ALIGN="CENTER" VALIGN="TOP"><FONT SIZE=2>(Name, Address and Telephone Number, Including Area Code, of Agent For Service)</FONT></TD>
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<P ALIGN="CENTER"><FONT SIZE=2><B>CALCULATION OF REGISTRATION FEE  </B></FONT></P>

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<TH WIDTH="52%" ALIGN="CENTER"><FONT SIZE=1><B>Title of securities to be registered(1)</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="15%" ALIGN="CENTER"><FONT SIZE=1><B>Amount to be registered(1)</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="15%" ALIGN="CENTER"><FONT SIZE=1><B>Proposed maximum aggregate offering price(2)</B></FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="15%" ALIGN="CENTER"><FONT SIZE=1><B>Amount of registration fee(3)</B></FONT><BR></TH>
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<TD WIDTH="52%"><FONT SIZE=2>Common Stock, par value $0.01 per share, issuable under the 1997 Stock Option Plan(4)</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="15%" ALIGN="CENTER"><FONT SIZE=2>1,000,000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="15%" ALIGN="CENTER"><FONT SIZE=2>$11,300,000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="15%" ALIGN="CENTER"><FONT SIZE=2>$2,701</FONT></TD>
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<DL compact>
<DT><FONT SIZE=2>(1)</FONT></DT><DD><FONT SIZE=2>This
registration statement covers, in addition to the number of shares of common stock stated above, options and other rights to purchase or acquire the shares of common stock
covered by this registration statement. Pursuant to Rule&nbsp;416(c) under the Securities Act of 1933, or the Securities Act, an additional indeterminate number of shares, options and rights, which
by reason of certain events specified in our Amended and Restated 1997 Stock Option Plan, or the Plan, may become subject to the Plan.
<BR><BR></FONT></DD><DT><FONT SIZE=2>(2)</FONT></DT><DD><FONT SIZE=2>Pursuant
to Rule&nbsp;457(h), the maximum aggregate offering price was calculated based upon (i)&nbsp;with respect to options the exercise prices of which are known, the
aggregate exercise price of all such options, and (ii)&nbsp;with respect to options the exercise prices of which are not known, the average of the high ($11.30) and low ($11.18) prices of our common
stock on December&nbsp;13, 2001, which is a date within five business days prior to the filing of this registration statement, as reported on the American Stock Exchange.
<BR><BR></FONT></DD><DT><FONT SIZE=2>(3)</FONT></DT><DD><FONT SIZE=2>Calculated
pursuant to Section&nbsp;6(b)(2) of the Securities Act.
<BR><BR></FONT></DD><DT><FONT SIZE=2>(4)</FONT></DT><DD><FONT SIZE=2>This
Registration Statement also relates to the Rights to purchase shares of our Series&nbsp;A Junior Participating Preferred Stock, which are attached to all shares of Common
Stock outstanding as of, and issued subsequent to, July&nbsp;30, 1999, pursuant to the terms of our Shareholder Rights Agreement, dated July&nbsp;19, 1999. Until the occurrence of events described
in the Shareholder Rights Agreement, the Rights are not exercisable, are evidenced by the common stock certificates and will be transferred with and only with such common stock. </FONT></DD></DL>
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<P ALIGN="CENTER"><FONT SIZE=2>The
Exhibit Index for this Registration Statement is at page 7. </FONT></P>

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<BR></FONT><FONT SIZE=2><B>PART I    <BR>    <BR>    </B></FONT><FONT SIZE=2>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS    <BR></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
documents containing the information specified in Part&nbsp;I of Form&nbsp;S-8 (plan information and registrant information) will be sent or given to optionees as
specified by Rule&nbsp;428(b)(1) of the Securities Act. These documents need not be filed with the Securities and Exchange Commission, the SEC, either as part of this registration statement or as
prospectuses or prospectus supplements pursuant to Rule&nbsp;424 of the Securities Act. These documents, which include the statement of availability required by Item 2 of
Form&nbsp;S-8, and the documents incorporated by reference in this registration statement pursuant to Item 3 of Form&nbsp;S-8 (Part&nbsp;II of this registration
statement), taken together, constitute a prospectus that meets the requirements of Section&nbsp;10(a) of the Securities Act. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
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<BR></FONT><FONT SIZE=2><B>PART II    <BR>    <BR>    </B></FONT><FONT SIZE=2>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT    <BR></FONT></P>

<P><FONT SIZE=2><A
NAME="da2641_item_3._incorporation_o__da202170"> </A>
<A NAME="toc_da2641_3"> </A></FONT> <FONT SIZE=2><B>Item 3. Incorporation of Certain Documents by Reference    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;We have filed with the SEC and hereby incorporate by reference into this registration statement the following documents: </FONT></P>

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<DT><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2>our
Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2000 as filed on April&nbsp;2, 2001 (including the portions of the our definitive Proxy
Statement, as amended, incorporated therein by reference);
<BR><BR></FONT></DD><DT><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>our
Quarterly Reports on Form&nbsp;10-Q for the quarters ended March&nbsp;31, 2001, June&nbsp;30, 2001 and September&nbsp;30, 2001, as filed on May&nbsp;15,
2001, August&nbsp;13, 2001 and November&nbsp;13, 2001, respectively;
<BR><BR></FONT></DD><DT><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2>the
description of our common stock contained in our registration statement on Form&nbsp;8-A filed with the SEC on November&nbsp;21, 1997, including the information
incorporated therein by reference and including any amendment or reports filed for the purpose of updating such description; and
<BR><BR></FONT></DD><DT><FONT SIZE=2>(d)</FONT></DT><DD><FONT SIZE=2>the
description of our preferred stock purchase rights contained in our registration statement on Form&nbsp;8-A filed with the SEC on July&nbsp;27, 1999, including
the information incorporated therein by reference and including any amendment or reports filed for the purpose of updating such description. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;All
documents that we subsequently file with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, prior to the filing of a
post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, will automatically be deemed to be
incorporated by reference in this registration statement and to be a part of this registration statement from the date of filing of the respective document (except that each time we file&nbsp;a new
annual report on Form&nbsp;10-K, any Forms 10-K, 10-Q and 8-K filed prior to the new annual report will no longer be incorporated by reference in this
registration statement). Any statement contained in this registration statement or in a document incorporated by reference shall be deemed to be modified or superseded for all purposes to the extent
that a statement contained in those documents modifies or supersedes that statement. Any statements modified or superceded in this way will no longer be a part of this registration statement except as
so modified or superceded. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;We
will provide without charge to each person to whom this registration statement is delivered, upon written or oral request, a copy of any or all of the documents referred to above
which have been or may be incorporated by reference in this registration statement (other than the exhibits to those </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>2</FONT></P>

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<P><FONT SIZE=2>
documents). Requests for these documents should be directed to Ms.&nbsp;Racheal Perry, Apex Mortgage Capital,&nbsp;Inc., 865 South Figueroa Street, 21<SUP>st</SUP> Floor, Los Angeles,
California 90017, telephone: (213)&nbsp;244-0440. </FONT></P>

<P><FONT SIZE=2><A
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<BR></FONT><FONT SIZE=2><B>Item 4. Description of Securities    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Our common stock and related preferred stock purchase rights are registered pursuant to Section&nbsp;12 of the Exchange Act. As a result, we have omitted the
description of our securities. </FONT></P>

<P><FONT SIZE=2><A
NAME="da2641_item_5._interests_of_named_experts_and_counsel"> </A>
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<BR></FONT><FONT SIZE=2><B>Item 5. Interests of Named Experts and Counsel    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Not applicable. </FONT></P>

<P><FONT SIZE=2><A
NAME="da2641_item_6._indemnification_of_directors_and_officers"> </A>
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<BR></FONT><FONT SIZE=2><B>Item 6. Indemnification of Directors and Officers    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2-418 of the Maryland General Corporation Law permits us to indemnify, subject to the exceptions set forth therein, any of our
directors or officers who is made a party to any proceeding by reason of service in that capacity, or who is or was, serving as such with respect to another entity at our request. The Maryland General
Corporation Law also provides that we may purchase insurance on behalf of our directors, officers, employees or agents. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Our
charter and bylaws require us to provide for indemnification of our officers and directors substantially identical in scope to that permitted under
Section&nbsp;2-418 of the Maryland General Corporation Law. Our bylaws also provide that we must pay the expenses of our officers and directors (acting in their capacity as such)
incurred in defending any action, suit or proceeding, whether civil, criminal, administrative or investigative, as they are incurred and in advance of the final disposition of the action, suit or
proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay all amounts so advanced if it is ultimately determined by a court of appropriate jurisdiction that the
officer or director is not entitled to be indemnified by us. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;We
have agreed to indemnify our directors and officers to the fullest extent permitted by applicable provisions of the Maryland General Corporation Law, provided that we approve any
settlement of a third party action against a director or officer, and subject to limitations for actions initiated by the director or officer, penalties paid by insurance, and violations of
Section&nbsp;16(b) of the Exchange Act and similar laws. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Our
charter limits the liability of our directors and officers for money damages to our company and our stockholders to the fullest extent permitted from time to time by Maryland law.
Maryland law presently permits the liability of directors and officers to a corporation or its stockholders for money damages to be limited, except </FONT></P>

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<DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>to
the extent that it is proved that the director or officer actually received an improper benefit or profit in money, property or services; or
<BR><BR></FONT></DD><DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>if
a judgment or other final adjudication adverse to the director or officer is entered in a proceeding based on a finding that the director's or officer's
action, or failure to act, was the result of active and deliberate dishonesty and was material to the cause of action adjudicated in the proceeding. </FONT></DD></DL>
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<P><FONT SIZE=2>This
provision does not limit our ability or our stockholders' ability to obtain other relief, such as an injunction or rescission. </FONT></P>

<P><FONT SIZE=2><A
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<BR></FONT><FONT SIZE=2><B>Item 7. Exemption from Registration Claimed    <BR>  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Not applicable. </FONT></P>

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<BR></FONT><FONT SIZE=2><B>Item 8. Exhibits    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The exhibits listed in the Exhibit Index on page 7 are part of this registration statement and are numbered in accordance with Item 601 of
Regulation&nbsp;S-K. </FONT></P>

<P><FONT SIZE=2><A
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<BR></FONT><FONT SIZE=2><B>Item 9. Undertakings    <BR>  </B></FONT></P>

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<DT><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2>The
undersigned registrant hereby undertakes:
<BR><BR></FONT>
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<DT><FONT SIZE=2>(1)</FONT></DT><DD><FONT SIZE=2>to
file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: </FONT></DD></DL>
</DD></DL>
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<UL>
<UL>
<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;to
include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act; </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;to
reflect in the prospectus any facts or events arising after the effective date of this registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this registration statement. Notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high and of the estimated
maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule&nbsp;424(b) if, in the aggregate, the changes in volume and price represent no more than
20&nbsp;percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;to
include any material information with respect to the plan of distribution not previously disclosed in this registration statement or any material change to
such information in this registration statement; </FONT></P>

</UL>

<P><FONT SIZE=2>provided,
however, that paragraphs (a)(1)(i)&nbsp;and (a)(1)(ii)&nbsp;do not apply if the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed by the registrant with or furnished to the SEC pursuant to Section&nbsp;13 or 15(d) of the Exchange Act that are incorporated by reference in this registration
statement; </FONT></P>

<DL compact>
<DT><FONT SIZE=2>(2)</FONT></DT><DD><FONT SIZE=2>that,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof; and
<BR><BR></FONT></DD><DT><FONT SIZE=2>(3)</FONT></DT><DD><FONT SIZE=2>to
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. </FONT></DD></DL>
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<DL compact>
<DT><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>The
undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant's annual report pursuant to
Section&nbsp;13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section&nbsp;15(d) of the Exchange Act) that is
incorporated by reference in this registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
<BR><BR></FONT></DD><DT><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2>Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the
provisions described in Item 6 above, or otherwise, the registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities </FONT></DD></DL>
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<P ALIGN="CENTER"><FONT SIZE=2>4</FONT></P>

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<P><FONT SIZE=2>(other
than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is
asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by
the final adjudication of such issue. </FONT></P>

</UL>
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<P ALIGN="CENTER"><FONT SIZE=2>*&nbsp;&nbsp;*&nbsp;&nbsp;*
</FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>5</FONT></P>

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<BR></FONT><FONT SIZE=2><B>SIGNATURES    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, Apex Mortgage Capital,&nbsp;Inc. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Los Angeles, State of California, on December&nbsp;13, 2001. </FONT></P>

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<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2><B>APEX MORTGAGE CAPITAL,&nbsp;INC.</B></FONT></TD>
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<TD WIDTH="47%"><FONT SIZE=2><BR>
<BR></FONT>
</TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="45%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
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&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="45%" ALIGN="CENTER"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>PHILIP A. BARACH</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Philip A. Barach<BR></FONT> <FONT SIZE=2><I>President and Chief Executive Officer</I></FONT></TD>
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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each
of our undersigned officers and directors hereby constitutes and appoints Philip A. Barach and David S. DeVito, and each of them, his true and lawful
attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign the initial
filing of our registration statement on Form&nbsp;S-8 any and all amendments thereto, including post-effective amendments, to file the same, with exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to
do and perform each and every act and thing requisite or necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby, ratifying and
confirming all that each of said attorneys-in-fact and agents, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. </FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="40%" ALIGN="CENTER"><FONT SIZE=1><B>Name</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="32%" ALIGN="CENTER"><FONT SIZE=1><B>Title</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="23%" ALIGN="CENTER"><FONT SIZE=1><B>Date</B></FONT><HR NOSHADE></TH>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" VALIGN="CENTER"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2>/s/&nbsp;</FONT><FONT SIZE=2>PHILIP A. BARACH</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Philip A. Barach</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2>President, Chief Executive Officer and Director</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2>December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><BR><HR NOSHADE><FONT SIZE=2> Jeffrey E. Gundlach</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Chief Investment Officer and Vice Chairman of the Board of Directors</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>DAVID S. DEVITO</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> David S. DeVito</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Interim Chief Financial Officer and Controller</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>MARC I. STERN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Marc I. Stern</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Chairman of the Board of Directors</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>PETER G. ALLEN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Peter G. Allen</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Director</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>JOHN C. ARGUE</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> John C. Argue</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Director</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>JOHN A. GAVIN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> John A. Gavin</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Director</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="40%" ALIGN="CENTER" VALIGN="CENTER"><BR><HR NOSHADE><FONT SIZE=2> Carl C. Gregory, III</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="32%" VALIGN="CENTER"><FONT SIZE=2><BR>
Director</FONT></TD>
<TD WIDTH="2%" VALIGN="CENTER"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="23%" ALIGN="CENTER" VALIGN="CENTER"><FONT SIZE=2><BR>
December 13, 2001</FONT></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2>6</FONT></P>

<HR NOSHADE>
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NAME="page_ka2641_1_7"> </A> </FONT></P>

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<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="ka2641_exhibit_index"> </A>
<A NAME="toc_ka2641_1"> </A>
<BR></FONT><FONT SIZE=2><B>EXHIBIT&nbsp;INDEX    <BR>  </B></FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="10%" ALIGN="CENTER"><FONT SIZE=1><B>Exhibit<BR>
Number</B></FONT><HR NOSHADE></TH>
<TH WIDTH="3%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="88%" ALIGN="CENTER"><FONT SIZE=1><B>Description</B></FONT><HR NOSHADE></TH>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2>4.1</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2>Articles of Amendment and Restatement of the Company, as filed with the State Department of Assessments and Taxation of Maryland on November&nbsp;25, 1997 (previously filed as Exhibit&nbsp;3.1 to the Company's
Registration Statement on Form&nbsp;S-11, Commission File No.&nbsp;333-36069, Amendment No.&nbsp;3, filed November&nbsp;21, 1997 and incorporated herein by reference).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
4.2</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Articles Supplementary relating to the Company's Series&nbsp;A Junior Participating Preferred Stock, as filed with the State Department of Assessments and Taxation of the State of Maryland on July&nbsp;26, 1999 (previously filed as Exhibit&nbsp;3.1
to the Company's Current Report on Form&nbsp;8-K, dated June&nbsp;30, 1999 and filed July&nbsp;27, 1999, and incorporated herein by reference).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
4.3</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Amended and Restated Bylaws of the Company as currently in effect (previously filed as Exhibit&nbsp;4.4 to the Company's Registration Statement on Form&nbsp;S-2, Commission File No.&nbsp;333-73448, Amendment No.&nbsp;1, filed November&nbsp;27, 2001
and incorporated herein by reference).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
4.4</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Form of Common Stock Certificate (previously filed as Exhibit&nbsp;4.3 to our Current Report on Form&nbsp;8-K, dated June&nbsp;30, 1999 and filed July&nbsp;27, 1999, and incorporated herein by reference).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
4.5</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Shareholder Rights Agreement between the Company and The Bank of New York, as Rights Agent (including as Exhibit&nbsp;B the form of Rights Certificate) (previously filed as Exhibit&nbsp;4.1 to the Company's Current Report on Form&nbsp;8-K, dated
June&nbsp;30, 1999 and filed July&nbsp;27, 1999, and incorporated herein by reference).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
4.6</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>*</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Amended and Restated 1997 Stock Option Plan (as most recently amended on December&nbsp;13, 2001).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
5.1</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>*</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Opinion of Ballard Spahr Andrews &amp; Ingersoll, LLP (opinion regarding legality).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
23.1</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>*</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Consent of Independent Accountants.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
23.2</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Consent of Ballard Spahr Andrews &amp; Ingersoll, LLP (included in Exhibit&nbsp;5.1).</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
24.1</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="88%"><FONT SIZE=2><BR>
Powers of Attorney (included under the caption "Signatures").</FONT></TD>
</TR>
</TABLE>
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<HR NOSHADE ALIGN="LEFT" WIDTH="120">
<DL compact>
<DT><FONT SIZE=2>*</FONT></DT><DD><FONT SIZE=2>Items
marked with an asterisk are included in this filing. </FONT></DD></DL>
<P ALIGN="CENTER"><FONT SIZE=2>7</FONT></P>

<HR NOSHADE>
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<BR>
<P><br><A NAME="01BHL2641_1">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_da2641_1">PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_2">PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></FONT><BR>
<UL>
<FONT SIZE=2><A HREF="#toc_da2641_3">Item 3. Incorporation of Certain Documents by Reference</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_4">Item 4. Description of Securities</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_5">Item 5. Interests of Named Experts and Counsel</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_6">Item 6. Indemnification of Directors and Officers</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_7">Item 7. Exemption from Registration Claimed</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_8">Item 8. Exhibits</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_da2641_9">Item 9. Undertakings</A></FONT><BR>
</UL>
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<FONT SIZE=2><A HREF="#toc_jc2641_1">SIGNATURES</A></FONT><BR>
<!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_ka2641_1">EXHIBIT INDEX</A></FONT><BR>
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{"company-data": {"conformed-name": "APEX MORTGAGE CAPITAL INC", "cik": "0001045956", "assigned-sic": "6798", "irs-number": "954650863", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-75336", "film-number": "1816381"}, "business-address": {"street1": "865 FIGUEROA STREET", "street2": "STE 1800", "city": "LOS ANGELES", "state": "CA", "zip": "90017", "phone": "2132440461"}}
Prepared by MERRILL CORPORATION
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As Filed with the Securities and Exchange Commission on December 18, 2001
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
APEX MORTGAGE CAPITAL, INC.
(Exact name of registrant as specified in its charter)
Maryland
(State of Incorporation)
865 South Figueroa Street
Los Angeles, California 90017
(213) 244-0440
(Address of Principal Executive Offices)
95-4650863
(I.R.S. Employer Identification Number)
Amended and Restated 1997 Stock Option Plan
(Full Title of Plan)
Philip A. Barach
Chief Executive Officer
Apex Mortgage Capital, Inc.
865 South Figueroa Street
Los Angeles, California 90017
(213) 244-0440
copy to:
Peter T. Healy, Esq.
O'Melveny & Myers LLP
275 Battery Street, Suite 2600
San Francisco, California 94111
(415) 984-8833
(Name, Address and Telephone Number, Including Area Code, of Agent For Service)
CALCULATION OF REGISTRATION FEE
Title of securities to be registered(1)
Amount to be registered(1)
Proposed maximum aggregate offering price(2)
Amount of registration fee(3)
Common Stock, par value $0.01 per share, issuable under the 1997 Stock Option Plan(4)
1,000,000
$11,300,000
$2,701
(1)
This
registration statement covers, in addition to the number of shares of common stock stated above, options and other rights to purchase or acquire the shares of common stock
covered by this registration statement. Pursuant to Rule 416(c) under the Securities Act of 1933, or the Securities Act, an additional indeterminate number of shares, options and rights, which
by reason of certain events specified in our Amended and Restated 1997 Stock Option Plan, or the Plan, may become subject to the Plan.
(2)
Pursuant
to Rule 457(h), the maximum aggregate offering price was calculated based upon (i) with respect to options the exercise prices of which are known, the
aggregate exercise price of all such options, and (ii) with respect to options the exercise prices of which are not known, the average of the high ($11.30) and low ($11.18) prices of our common
stock on December 13, 2001, which is a date within five business days prior to the filing of this registration statement, as reported on the American Stock Exchange.
(3)
Calculated
pursuant to Section 6(b)(2) of the Securities Act.
(4)
This
Registration Statement also relates to the Rights to purchase shares of our Series A Junior Participating Preferred Stock, which are attached to all shares of Common
Stock outstanding as of, and issued subsequent to, July 30, 1999, pursuant to the terms of our Shareholder Rights Agreement, dated July 19, 1999. Until the occurrence of events described
in the Shareholder Rights Agreement, the Rights are not exercisable, are evidenced by the common stock certificates and will be transferred with and only with such common stock.
The
Exhibit Index for this Registration Statement is at page 7.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The
documents containing the information specified in Part I of Form S-8 (plan information and registrant information) will be sent or given to optionees as
specified by Rule 428(b)(1) of the Securities Act. These documents need not be filed with the Securities and Exchange Commission, the SEC, either as part of this registration statement or as
prospectuses or prospectus supplements pursuant to Rule 424 of the Securities Act. These documents, which include the statement of availability required by Item 2 of
Form S-8, and the documents incorporated by reference in this registration statement pursuant to Item 3 of Form S-8 (Part II of this registration
statement), taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Certain Documents by Reference
We have filed with the SEC and hereby incorporate by reference into this registration statement the following documents:
(a)
our
Annual Report on Form 10-K for the year ended December 31, 2000 as filed on April 2, 2001 (including the portions of the our definitive Proxy
Statement, as amended, incorporated therein by reference);
(b)
our
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2001, June 30, 2001 and September 30, 2001, as filed on May 15,
2001, August 13, 2001 and November 13, 2001, respectively;
(c)
the
description of our common stock contained in our registration statement on Form 8-A filed with the SEC on November 21, 1997, including the information
incorporated therein by reference and including any amendment or reports filed for the purpose of updating such description; and
(d)
the
description of our preferred stock purchase rights contained in our registration statement on Form 8-A filed with the SEC on July 27, 1999, including
the information incorporated therein by reference and including any amendment or reports filed for the purpose of updating such description.
All
documents that we subsequently file with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, prior to the filing of a
post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, will automatically be deemed to be
incorporated by reference in this registration statement and to be a part of this registration statement from the date of filing of the respective document (except that each time we file a new
annual report on Form 10-K, any Forms 10-K, 10-Q and 8-K filed prior to the new annual report will no longer be incorporated by reference in this
registration statement). Any statement contained in this registration statement or in a document incorporated by reference shall be deemed to be modified or superseded for all purposes to the extent
that a statement contained in those documents modifies or supersedes that statement. Any statements modified or superceded in this way will no longer be a part of this registration statement except as
so modified or superceded.
We
will provide without charge to each person to whom this registration statement is delivered, upon written or oral request, a copy of any or all of the documents referred to above
which have been or may be incorporated by reference in this registration statement (other than the exhibits to those
2
documents). Requests for these documents should be directed to Ms. Racheal Perry, Apex Mortgage Capital, Inc., 865 South Figueroa Street, 21
st
Floor, Los Angeles,
California 90017, telephone: (213) 244-0440.
Item 4. Description of Securities
Our common stock and related preferred stock purchase rights are registered pursuant to Section 12 of the Exchange Act. As a result, we have omitted the
description of our securities.
Item 5. Interests of Named Experts and Counsel
Not applicable.
Item 6. Indemnification of Directors and Officers
Section 2-418 of the Maryland General Corporation Law permits us to indemnify, subject to the exceptions set forth therein, any of our
directors or officers who is made a party to any proceeding by reason of service in that capacity, or who is or was, serving as such with respect to another entity at our request. The Maryland General
Corporation Law also provides that we may purchase insurance on behalf of our directors, officers, employees or agents.
Our
charter and bylaws require us to provide for indemnification of our officers and directors substantially identical in scope to that permitted under
Section 2-418 of the Maryland General Corporation Law. Our bylaws also provide that we must pay the expenses of our officers and directors (acting in their capacity as such)
incurred in defending any action, suit or proceeding, whether civil, criminal, administrative or investigative, as they are incurred and in advance of the final disposition of the action, suit or
proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay all amounts so advanced if it is ultimately determined by a court of appropriate jurisdiction that the
officer or director is not entitled to be indemnified by us.
We
have agreed to indemnify our directors and officers to the fullest extent permitted by applicable provisions of the Maryland General Corporation Law, provided that we approve any
settlement of a third party action against a director or officer, and subject to limitations for actions initiated by the director or officer, penalties paid by insurance, and violations of
Section 16(b) of the Exchange Act and similar laws.
Our
charter limits the liability of our directors and officers for money damages to our company and our stockholders to the fullest extent permitted from time to time by Maryland law.
Maryland law presently permits the liability of directors and officers to a corporation or its stockholders for money damages to be limited, except
•
to
the extent that it is proved that the director or officer actually received an improper benefit or profit in money, property or services; or
•
if
a judgment or other final adjudication adverse to the director or officer is entered in a proceeding based on a finding that the director's or officer's
action, or failure to act, was the result of active and deliberate dishonesty and was material to the cause of action adjudicated in the proceeding.
This
provision does not limit our ability or our stockholders' ability to obtain other relief, such as an injunction or rescission.
Item 7. Exemption from Registration Claimed
Not applicable.
3
Item 8. Exhibits
The exhibits listed in the Exhibit Index on page 7 are part of this registration statement and are numbered in accordance with Item 601 of
Regulation S-K.
Item 9. Undertakings
(a)
The
undersigned registrant hereby undertakes:
(1)
to
file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i) to
include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii) to
reflect in the prospectus any facts or events arising after the effective date of this registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this registration statement. Notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high and of the estimated
maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than
20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and
(iii) to
include any material information with respect to the plan of distribution not previously disclosed in this registration statement or any material change to
such information in this registration statement;
provided,
however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed by the registrant with or furnished to the SEC pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this registration
statement;
(2)
that,
for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof; and
(3)
to
remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b)
The
undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant's annual report pursuant to
Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in this registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the
provisions described in Item 6 above, or otherwise, the registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities
4
(other
than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is
asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by
the final adjudication of such issue.
*  *  *
5
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, Apex Mortgage Capital, Inc. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Los Angeles, State of California, on December 13, 2001.
APEX MORTGAGE CAPITAL, INC.
By:
/s/
PHILIP A. BARACH
Philip A. Barach
President and Chief Executive Officer
Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
Each
of our undersigned officers and directors hereby constitutes and appoints Philip A. Barach and David S. DeVito, and each of them, his true and lawful
attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign the initial
filing of our registration statement on Form S-8 any and all amendments thereto, including post-effective amendments, to file the same, with exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to
do and perform each and every act and thing requisite or necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby, ratifying and
confirming all that each of said attorneys-in-fact and agents, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Name
Title
Date
/s/
PHILIP A. BARACH
Philip A. Barach
President, Chief Executive Officer and Director
December 13, 2001
Jeffrey E. Gundlach
Chief Investment Officer and Vice Chairman of the Board of Directors
December 13, 2001
/s/
DAVID S. DEVITO
David S. DeVito
Interim Chief Financial Officer and Controller
December 13, 2001
/s/
MARC I. STERN
Marc I. Stern
Chairman of the Board of Directors
December 13, 2001
/s/
PETER G. ALLEN
Peter G. Allen
Director
December 13, 2001
/s/
JOHN C. ARGUE
John C. Argue
Director
December 13, 2001
/s/
JOHN A. GAVIN
John A. Gavin
Director
December 13, 2001
Carl C. Gregory, III
Director
December 13, 2001
6
EXHIBIT INDEX
Exhibit
Number
Description
4.1
Articles of Amendment and Restatement of the Company, as filed with the State Department of Assessments and Taxation of Maryland on November 25, 1997 (previously filed as Exhibit 3.1 to the Company's
Registration Statement on Form S-11, Commission File No. 333-36069, Amendment No. 3, filed November 21, 1997 and incorporated herein by reference).
4.2
Articles Supplementary relating to the Company's Series A Junior Participating Preferred Stock, as filed with the State Department of Assessments and Taxation of the State of Maryland on July 26, 1999 (previously filed as Exhibit 3.1
to the Company's Current Report on Form 8-K, dated June 30, 1999 and filed July 27, 1999, and incorporated herein by reference).
4.3
Amended and Restated Bylaws of the Company as currently in effect (previously filed as Exhibit 4.4 to the Company's Registration Statement on Form S-2, Commission File No. 333-73448, Amendment No. 1, filed November 27, 2001
and incorporated herein by reference).
4.4
Form of Common Stock Certificate (previously filed as Exhibit 4.3 to our Current Report on Form 8-K, dated June 30, 1999 and filed July 27, 1999, and incorporated herein by reference).
4.5
Shareholder Rights Agreement between the Company and The Bank of New York, as Rights Agent (including as Exhibit B the form of Rights Certificate) (previously filed as Exhibit 4.1 to the Company's Current Report on Form 8-K, dated
June 30, 1999 and filed July 27, 1999, and incorporated herein by reference).
4.6
*
Amended and Restated 1997 Stock Option Plan (as most recently amended on December 13, 2001).
5.1
*
Opinion of Ballard Spahr Andrews & Ingersoll, LLP (opinion regarding legality).
23.1
*
Consent of Independent Accountants.
23.2
Consent of Ballard Spahr Andrews & Ingersoll, LLP (included in Exhibit 5.1).
24.1
Powers of Attorney (included under the caption "Signatures").
*
Items
marked with an asterisk are included in this filing.
7
QuickLinks
PART I INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Certain Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption from Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
SIGNATURES
EXHIBIT INDEX