-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CsDqMrrrxblF6ie/lxs71CpCsjFkH34IAmbPm0Y1pDWhJREKdFu36qLDlaQ5zlgD 2IXiYV2+S4OCiHdrmTZ6iA== 0000806085-97-000059.txt : 19970303 0000806085-97-000059.hdr.sgml : 19970303 ACCESSION NUMBER: 0000806085-97-000059 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970228 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROFFITTS INC CENTRAL INDEX KEY: 0000812900 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 620331040 STATE OF INCORPORATION: TN FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40274 FILM NUMBER: 97547225 BUSINESS ADDRESS: STREET 1: 115 NORTH CALDERWOOD CITY: ALCOA STATE: TN ZIP: 37701 BUSINESS PHONE: 6159837000 MAIL ADDRESS: STREET 1: P.O. BOX 9388 CITY: ALCOA STATE: TN ZIP: 37701 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LEHMAN BROTHERS HOLDINGS INC CENTRAL INDEX KEY: 0000806085 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 133216325 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: AMERICAN EXPRESS TWR STREET 2: 3 WORLD FINANCIAL CNTR CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 2125267000 MAIL ADDRESS: STREET 1: AMERICAN EXPRESS TOWER 15TH FL STREET 2: 2 WORLD TRADE CENTER CITY: NEW YORK STATE: NY ZIP: 10048 FORMER COMPANY: FORMER CONFORMED NAME: SHEARSON LEHMAN HUTTON HOLDINGS INC DATE OF NAME CHANGE: 19901017 SC 13D/A 1 PROFFITT'S 13D WITH AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Amendment No. 1 Under the Securities Exchange Act of 1934 PROFFITT'S, INC. (Name of Issuer) Common Stock, par value $0.10 (Title of Class of Securities) 742925100000 (CUSIP Number) Karen C. Manson Secretary Lehman Brothers Holdings Inc. 3 World Financial Center, 24th Floor New York, NY 10285 (212) 526-1936 (Name, Address and Telephone Number of Person Authorized to Receive Notice and Communications) December 31, 1996 (Date of Event which required Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the reporting person (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). NOT APPLICABLE. CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Holdings Inc. 13-3216325 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 917,576 8) Shared Voting Power -0- 9) Sole Dispositive Power 917,576 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 917,576 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 4.4% 14) Type of Reporting Person HC/CO After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS HOLDINGS INC. By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Vice President and Secretary CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Inc. 13-2518466 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 692,209 8) Shared Voting Power -0- 9) Sole Dispositive Power 692,209 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 692,209 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 3.35% 14) Type of Reporting Person BD/CO After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS INC. By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Senior Vice President and Secretary CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person LB I Group Inc. 13-2741778 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 692,209 8) Shared Voting Power -0- 9) Sole Dispositive Power 692,209 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 692,209 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 3.35% 14) Type of Reporting Person HC/CO After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LB I GROUP INC. By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Secretary CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Offshore Partners Ltd. 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Bermuda Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 360,432 8) Shared Voting Power -0- 9) Sole Dispositive Power 360,432 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 360,432 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 1.74% 14) Type of Reporting Person CO After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS OFFSHORE PARTNERS LTD. By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Authorized Signer CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Merchant Banking Portfolio Partnership LP 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 331,777 8) Shared Voting Power -0- 9) Sole Dispositive Power 331,777 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 331,777 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 1.61% 14) Type of Reporting Person PN After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS MERCHANT BANKING PORTFOLIO PARTNERSHIP LP By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Authorized Signer CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Offshore Investment Partnership LP 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Bermuda Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 89,572 8) Shared Voting Power -0- 9) Sole Dispositive Power 89,572 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 89,572 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 .43% 14) Type of Reporting Person PN After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS OFFSHORE INVESTMENT PARTNERSHIP LP By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Authorized Signer CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Offshore Investment Partnership - Japan LP 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Bermuda Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 270,860 8) Shared Voting Power -0- 9) Sole Dispositive Power 270,860 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 270,860 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 1.31% 14) Type of Reporting Person PN After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS OFFSHORE INVESTMENT PARTNERSHIP - JAPAN LP By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Authorized Signer CUSIP No. 742925100000 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Lehman Brothers Capital Partners II LP 2) Check the Appropriate box if a Member of a Group (see instructions) (a) [X] (b) [ ] 3) SEC Use Only 4) Source of Funds (see instructions) OO 5) Check Box if Disclosure of Legal Proceedings is Requires Pursuant to Items 2(d) or 2(E) [ ] 6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 7) Sole Voting Power 225,367 8) Shared Voting Power -0- 9) Sole Dispositive Power 225,367 10) Shared Dispositive Power -0- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 225,367 12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 13) Percent of Class Represented by Amount in Row 9 1.09% 14) Type of Reporting Person PN After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 31, 1996 LEHMAN BROTHERS CAPITAL PARTNERS II LP By: /s/ Karen C. Manson ------------------- Name: Karen C. Manson Title: Authorized Signer Schedule 13D Item 1. Security and Issuer This statement relates to the Common Stock, par value $0.10 (the "Common Stock"), of Proffitt's, Inc., a Tennessee corporation ("Proffitt's"). The address of the principal executive offices of Proffitt's is P.O. Box 9388, Alcoa, TN 37701. Item 2. Identity and Background This statement is filed on behalf of the following entities: Lehman Brothers Holdings Inc., a Delaware corporation ("Holdings"), 3 World Financial Center 200 Vesey Street New York, NY 10285 Holdings through its domestic and foreign subsidiaries is a full-line securities firm. Holdings is the General Partner of Lehman Brothers Capital Partners II LP and parent of Lehman Brothers Inc. Lehman Brothers Inc., a Delaware corporation ("LBI"), 3 World Financial Center 200 Vesey Street New York, NY 10285 LBI, a wholly owned subsidiary of Holdings, is a broker-dealer and the parent of LB I Group Inc. LB I Group Inc., a Delaware corporation, ("LB I Group"), 3 World Financial Center 200 Vesey Street New York, NY 10285 LB I Group, a wholly owned subsidiary of LBI, is the General Partner of Lehman Brothers Merchant Banking Portfolio Partnership LP and parent of Lehman Brothers Offshore Partners Ltd. Lehman Brothers Offshore Partners Ltd., a Bermuda corporation ("LB Offshore Partners"), Clarendon House Church Street P.O. Box HM66 Hamilton, Bermuda HM CX Lehman Brothers Offshore Partners is a wholly owned subsidiary of LB I Group and is the General Partner of two partnerships, Lehman Brothers Offshore Investment Partnership LP and Lehman Brothers Offshore Investment Partnership - Japan LP. Lehman Brothers Merchant Banking Portfolio Partnership LP ("LB Merchant Banking") 3 World Financial Center 200 Vesey Street New York, NY 10285 LB Merchant Banking is a limited partnership. Lehman Brothers Offshore Investment Partnership LP ("LB Offshore Investment") Clarendon House, Church Street P.O. Box HM66 Hamilton, Bermuda HM CX LB Offshore Investment is a limited partnership. Lehman Brothers Offshore Investment Partnership - Japan LP ("LB Offshore Japan") Clarendon House, Church Street P.O. Box HM66 Hamilton, Bermuda HM CX LB Offshore Japan is a limited partnership. Lehman Brothers Capital Partners II, LP ("LB Capital Partners") 3 World Financial Center 200 Vesey Street New York, NY 10285 LB Capital Partners is a limited partnership. LB Merchant Banking, LB Offshore Investment, LB Offshore Japan and LB Capital Partners are herein called the "Investment Partnerships". The names, residence or business addresses, citizenships and present principal occupations or employment of the senio executive officers and directors of the Reporting Persons are set forth in Appendix A hereto. None of Reporting Persons, nor to the best knowledge of the Reporting Persons, any of the persons listed in Appendix A hereto, has during the last five years, except as set forth in Appendix B attached hereto and incorporated herein by reference, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been party to a civil proceeding of a judicial or administrative body of a competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source of Funds or Other Consideration No Change Item 4. Purpose of Transaction No Change Item 5. Interest in Securities of the Issuer (a) The Investment Partnerships own 917,576 (4.4%) shares of the common stock of Proffitt's. Of such amount, 331,777 (1.61%) shares are directly held by LB Merchant Banking, 89,572 (.43%) shares are directly held by LB Offshore Partnership, 270,860 (1.31%) shares are directly held by LB Offshore Japan and 225,367 (1.09%) shares are directly held by LB Capital Partners. The General Partners and Parents of the Investment Partnerships are deemed to beneficially own the Proffitt's shares held by the Investment Partnerships. (b) No Change (c) Purchases and sales by LBI of shares of common stock of Proffitt's effected during the past 60 days are shown on Appendix C, attached hereto and incorporated herein by reference. (d) No Change (e) This statement is being filed to report that as of December 31, 1996, The Reporting Persons have ceased to be the beneficial owner of more than 5% of the class of securities covered by this report. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. No Change Item 7. Material to be Filed as Exhibits. No Change APPENDIX A LEHMAN BROTHERS HOLDINGS INC. BOARD OF DIRECTORS NAME / TITLE BUSINESS ADDRESS Michael L. Ainslie Lehman Brothers Holdings Inc. Private Investor and former 3 World Financial Center President and Chief Executive New York, New York 10285 Officer of Sotheby's Holdings John F. Akers Lehman Brothers Holdings Inc. Retired Chairman of 3 World Financial Center International Business Machines New York, New York 10285 Corporation Roger S. Berlind Lehman Brothers Holdings Inc. Theatrical Producer 3 World Financial Center New York, New York 10285 Thomas H. Cruikshank Lehman Brothers Holdings Inc. Retired Chairman and Chief 3 World Financial Center Executive Officer of Halliburton New York, New York 10285 Company Richard S. Fuld, Jr. Lehman Brothers Holdings Inc. Chairman and Chief Executive 3 World Financial Center Officer of New York, NY 10285 Lehman Brothers Holdings Inc. Katsumi Funaki* Lehman Brothers Holdings Inc. Senior General Manager of 3 World Financial Center International Business of the New York, NY 10285 Finance and Investment Planning Office of Nippon Life Henry Kaufman Lehman Brothers Holdings Inc. President of Henry Kaufman & 3 World Financial Center Company, Inc. New York, NY 10285 John D. Macomber Lehman Brothers Holdings Inc. Principal of JDM Investment Group 3 World Financial Center New York, NY 10285 Dina Merrill Lehman Brothers Holdings Inc. Actress and Director and Vice 3 World Financial Center Chairman of RKO Pictures, Inc. New York, NY 10285 Masataka Shimasaki* Lehman Brothers Holdings Inc. Director and General Manager for 3 World Financial Center the Americas of Nippon Life New York, NY 10285 LEHMAN BROTHERS HOLDINGS INC. EXECUTIVE OFFICERS NAME / TITLE BUSINESS ADDRESS Richard S. Fuld, Jr. Lehman Brothers Holdings Inc. Chairman and Chief Executive Officer 3 World Financial Center of Lehman Brothers Holdings Inc. New York, NY 10285 Jeremiah M. Callaghan Lehman Brothers Holdings Inc. Chief of Operations and Technology 3 World Financial Center New York, NY 10285 John L. Cecil Chief Administrative Officer Lehman Brothers Holdings Inc. 3 World Financial Center New York, NY 10285 Thomas A. Russo Lehman Brothers Holdings Inc. Chief Legal Officer 3 World Financial Center New York, NY 10285 Charles B. Hintz Lehman Brothers Holdings Inc. Chief Financial Officer 3 World Financial Center New York, NY 10285 - ----- All above individuals are citizens of the United States except those individuals with an * who are citizens of Japan. LEHMAN BROTHERS INC. BOARD OF DIRECTORS NAME BUSINESS ADDRESS Roger S. Berlind Lehman Brothers Inc. Theatrical Producer 3 World Financial Center New York, New York 10285 Philip Caldwell Lehman Brothers Inc. Senior Managing Director 3 World Financial Center New York, New York 10285 Howard L. Clark, Jr. Lehman Brothers Inc. Vice Chairman 3 World Financial Center New York, New York 10285 Frederick Frank Lehman Brothers Inc. Vice Chairman 3 World Financial Center New York, New York 10285 Richard S. Fuld, Jr. Lehman Brothers Inc. Chairman and Chief Executive 3 World Financial Center Officer of Lehman Brothers Holdings New York, NY 10285 Inc. Charles B. Hintz Lehman Brothers Inc. Chief Financial Officer 3 World Financial Center New York, NY 10285 Bruce R. Lakefield Lehman Brothers Inc. Director of Lehman Brothers Inc. 3 World Financial Center New York, NY 10285 Sherman R. Lewis, Jr. Lehman Brothers Inc. Vice Chairman 3 World Financial Center New York, NY 10285 Mel A. Shaftel Lehman Brothers Inc. Vice Chairman 3 World Financial Center New York, NY 10285 - ----- Above individuals are citizens of the United States. LEHMAN BROTHERS INC. EXECUTIVE OFFICERS NAME / TITLE BUSINESS ADDRESS Richard S. Fuld, Jr. Lehman Brothers Holdings Inc. Chairman and Chief Executive Officer 3 World Financial Center of Lehman Brothers Holdings Inc. New York, NY 10285 Jeremiah M. Callaghan Lehman Brothers Holdings Inc. Chief of Operations and Technology 3 World Financial Center New York, NY 10285 John L. Cecil Lehman Brothers Inc. Chief Administrative Officer 3 World Financial Center New York, NY 10285 Charles B. Hintz Lehman Brothers Inc. Chief Financial Officer 3 World Financial Center New York, NY 10285 Thomas A. Russo Lehman Brothers Inc. Chief Legal Officer 3 World Financial Center New York, NY 10285 - ----- Above individuals are citizens of the United States. LB I GROUP INC. BOARD OF DIRECTORS NAME BUSINESS ADDRESS Eliot Fried Lehman Brothers Inc. Director 3 World Financial Center New York, NY 10285 David Goldfarb Lehman Brothers Inc. Director 3 World Financial Center New York, NY 10285 Allan S. Kaplan Lehman Brothers Inc. Director 3 World Financial Center New York, NY 10285 - ----- Above individuals are citizens of the United States. LEHMAN BROTHERS OFFSHORE PARTNERS LTD. BOARD OF DIRECTORS NAME BUSINESS ADDRESS Ludovico Del Balzo One Broadgate Director and Vice President EC2M 78A London Peter R. Sherratt One Broadgate Director EC2M 78A London David Smith One Broadgate Director EC2M 78A London Nicholas Trollope One Broadgate Director and President EC2M 78A London - ----- Above individuals are residents of the United Kingdom. APPENDIX B Fulco v. Continental Cablevision. This civil action was brought in the United States District Court for the District of Massachusetts alleging a violation of Rule 10b(5) for a material omission in the disclosure documents related to a 1989 partnership roll-up in which Shearson Lehman Brothers rendered a fairness opinion. The jury rendered a verdict in 1993 jointly against Shearson Lehman Brothers and Continental Cablevision, the issuer, for a total of $4.6 million. The case was settled shortly thereafter. APPENDIX C PURCHASE AND SALES OF COMMON STOCK BY LEHMAN BROTHERS INC. WITHIN 60 DAYS PROFFITT'S INC. TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/09/96 1,000.0000 0.0000 40.0000 1,000.0000 0.0000 40.0000 1,000.0000 0.0000 40.0000 12/10/96 0.0000 300.0000 40.0625 0.0000 500.0000 40.0625 0.0000 1,000.0000 40.0000 0.0000 300.0000 40.0625 0.0000 500.0000 40.0625 0.0000 1,000.0000 40.0000 0.0000 300.0000 40.0625 0.0000 500.0000 40.0625 0.0000 1,000.0000 40.0000 12/11/96 1,000.0000 0.0000 39.5000 0.0000 1,000.0000 39.7500 1,000.0000 0.0000 39.5000 0.0000 1,000.0000 39.7500 1,000.0000 0.0000 39.5000 0.0000 1,000.0000 39.7500 12/12/96 1,200.0000 0.0000 40.0000 3,100.0000 0.0000 40.0000 3,100.0000 0.0000 40.0000 4,500.0000 0.0000 40.0000 0.0000 2,000.0000 40.1250 0.0000 2,000.0000 40.1250 0.0000 3,000.0000 40.1250 0.0000 3,000.0000 40.1250 0.0000 3,000.0000 40.1250 1,200.0000 0.0000 40.0000 3,100.0000 0.0000 40.0000 3,100.0000 0.0000 40.0000 4,500.0000 0.0000 40.0000 0.0000 2,000.0000 40.1250 0.0000 2,000.0000 40.1250 0.0000 3,000.0000 40.1250 0.0000 3,000.0000 40.1250 0.0000 3,000.0000 40.1250 1,200.0000 0.0000 40.0000 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/12/96 3,100.0000 0.0000 40.0000 3,100.0000 0.0000 40.0000 4,500.0000 0.0000 40.0000 0.0000 2,000.0000 40.1250 0.0000 2,000.0000 40.1250 0.0000 3,000.0000 40.1250 0.0000 3,000.0000 40.1250 0.0000 3,000.0000 40.1250 12/13/96 2,000.0000 0.0000 40.0000 4,900.0000 0.0000 40.0000 5,900.0000 0.0000 40.0000 7,200.0000 0.0000 40.0000 0.0000 100.0000 40.0625 0.0000 5,000.0000 40.0000 0.0000 5,000.0000 40.0000 0.0000 9,800.0000 40.0000 2,000.0000 0.0000 40.0000 4,900.0000 0.0000 40.0000 5,900.0000 0.0000 40.0000 7,200.0000 0.0000 40.0000 0.0000 100.0000 40.0625 0.0000 5,000.0000 40.0000 0.0000 5,000.0000 40.0000 0.0000 9,800.0000 40.0000 2,000.0000 0.0000 40.0000 4,900.0000 0.0000 40.0000 5,900.0000 0.0000 40.0000 7,200.0000 0.0000 40.0000 0.0000 100.0000 40.0625 0.0000 5,000.0000 40.0000 0.0000 5,000.0000 40.0000 0.0000 9,800.0000 40.0000 12/16/96 1,000.0000 0.0000 39.3750 10,000.0000 0.0000 39.2500 0.0000 500.0000 39.3750 0.0000 1,000.0000 39.3750 0.0000 2,000.0000 39.3750 0.0000 3,000.0000 39.3750 1,000.0000 0.0000 39.3750 10,000.0000 0.0000 39.2500 0.0000 500.0000 39.3750 0.0000 1,000.0000 39.3750 0.0000 2,000.0000 39.3750 0.0000 3,000.0000 39.3750 1,000.0000 0.0000 39.3750 10,000.0000 0.0000 39.2500 0.0000 500.0000 39.3750 0.0000 1,000.0000 39.3750 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/16/96 0.0000 2,000.0000 39.3750 0.0000 3,000.0000 39.3750 12/17/96 20,000.0000 0.0000 38.4375 0.0000 800.0000 38.5000 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5625 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.6250 0.0000 1,000.0000 38.6250 0.0000 1,300.0000 38.5000 0.0000 1,500.0000 38.5000 0.0000 1,500.0000 38.5000 0.0000 1,800.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,200.0000 38.6250 20,000.0000 0.0000 38.4375 0.0000 800.0000 38.5000 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5625 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.6250 0.0000 1,000.0000 38.6250 0.0000 1,300.0000 38.5000 0.0000 1,500.0000 38.5000 0.0000 1,500.0000 38.5000 0.0000 1,800.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,200.0000 38.6250 20,000.0000 0.0000 38.4375 0.0000 800.0000 38.5000 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5625 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.6250 0.0000 1,000.0000 38.6250 0.0000 1,300.0000 38.5000 0.0000 1,500.0000 38.5000 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/17/96 0.0000 1,500.0000 38.5000 0.0000 1,800.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,000.0000 38.5000 0.0000 2,200.0000 38.6250 12/18/96 5,000.0000 0.0000 39.0000 10,000.0000 0.0000 38.7500 10,000.0000 0.0000 39.0000 40,000.0000 0.0000 39.0000 0.0000 500.0000 39.1250 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 39.0000 0.0000 1,000.0000 38.8750 0.0000 1,000.0000 39.0000 0.0000 1,000.0000 39.1250 0.0000 1,200.0000 39.1250 0.0000 1,500.0000 39.1250 0.0000 2,200.0000 39.1250 0.0000 2,500.0000 38.7500 0.0000 2,500.0000 38.7500 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 7,200.0000 39.1250 0.0000 10,000.0000 39.1250 0.0000 15,000.0000 39.1250 1,500.0000 0.0000 39.0000 3,700.0000 0.0000 39.0000 4,400.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 5,400.0000 0.0000 39.0000 5,480.0000 0.0000 39.0000 10,000.0000 0.0000 39.7250 15,320.0000 0.0000 39.0000 0.0000 500.0000 39.1250 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 39.0000 0.0000 1,000.0000 38.8750 0.0000 1,000.0000 39.0000 0.0000 1,000.0000 39.1250 0.0000 1,200.0000 39.1250 0.0000 1,500.0000 39.1250 0.0000 2,200.0000 39.1250 0.0000 2,500.0000 38.7500 0.0000 2,500.0000 38.7500 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/18/96 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 7,200.0000 39.1250 0.0000 10,000.0000 39.1250 0.0000 15,000.0000 39.1250 1,500.0000 0.0000 39.0000 3,700.0000 0.0000 39.0000 4,400.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 4,800.0000 0.0000 39.0000 5,400.0000 0.0000 39.0000 5,480.0000 0.0000 39.0000 10,000.0000 0.0000 39.7250 15,320.0000 0.0000 39.0000 0.0000 500.0000 39.1250 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 39.0000 0.0000 1,000.0000 38.8750 0.0000 1,000.0000 39.0000 0.0000 1,000.0000 39.1250 0.0000 1,200.0000 39.1250 0.0000 1,500.0000 39.1250 0.0000 2,200.0000 39.1250 0.0000 2,500.0000 38.7500 0.0000 2,500.0000 38.7500 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 7,200.0000 39.1250 0.0000 10,000.0000 39.1250 0.0000 15,000.0000 39.1250 0.0000 5,000.0000 39.0000 0.0000 10,000.0000 39.0000 0.0000 40,000.0000 39.0000 12/19/96 22,500.0000 0.0000 39.0625 0.0000 100.0000 39.2500 0.0000 100.0000 39.2500 0.0000 100.0000 39.1250 0.0000 200.0000 39.2500 0.0000 400.0000 39.2500 0.0000 900.0000 39.1250 0.0000 2,200.0000 39.1250 0.0000 3,000.0000 39.1250 0.0000 3,400.0000 39.1250 0.0000 5,000.0000 39.1250 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/19/96 0.0000 5,000.0000 39.1250 2,200.0000 0.0000 39.0625 5,500.0000 0.0000 39.0625 6,600.0000 0.0000 39.0625 8,100.0000 0.0000 39.0625 0.0000 100.0000 39.2500 0.0000 100.0000 39.2500 0.0000 100.0000 39.1250 0.0000 200.0000 34.2500 0.0000 400.0000 34.2500 0.0000 900.0000 39.1250 0.0000 2,200.0000 34.1250 0.0000 3,000.0000 39.1250 0.0000 3,400.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 2,200.0000 0.0000 39.0625 5,500.0000 0.0000 39.0625 6,600.0000 0.0000 39.0625 8,100.0000 0.0000 39.0625 0.0000 100.0000 39.2500 0.0000 100.0000 39.2500 0.0000 100.0000 39.2500 0.0000 200.0000 38.1250 0.0000 400.0000 38.2500 0.0000 900.0000 39.1250 0.0000 2,200.0000 39.1250 0.0000 3,000.0000 39.1250 0.0000 3,400.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 5,000.0000 39.1250 0.0000 22,500.0000 39.0625 12/20/96 2,500.0000 0.0000 38.7500 5,000.0000 0.0000 39.0000 200.0000 0.0000 38.7500 600.0000 0.0000 38.7500 700.0000 0.0000 38.7500 1,000.0000 0.0000 38.7500 1,500.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 2,055.0000 0.0000 39.1250 3,700.0000 0.0000 39.1250 4,400.0000 0.0000 39.1250 5,400.0000 0.0000 39.1250 5,745.0000 0.0000 39.1250 15,000.0000 0.0000 38.7500 0.0000 400.0000 39.2500 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/20/96 0.0000 400.0000 39.2500 0.0000 400.0000 39.2500 0.0000 400.0000 38.8750 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.7500 0.0000 1,600.0000 38.8750 0.0000 1,600.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,400.0000 39.2500 0.0000 3,000.0000 39.2500 0.0000 3,000.0000 38.8750 0.0000 3,000.0000 38.8750 0.0000 4,000.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 5,000.0000 39.1250 0.0000 5,400.0000 39.2500 2,500.0000 0.0000 38.7500 5,000.0000 0.0000 39.0000 200.0000 0.0000 38.7500 600.0000 0.0000 38.7500 700.0000 0.0000 38.7500 1,000.0000 0.0000 38.7500 1,500.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 2,055.0000 0.0000 39.1250 3,700.0000 0.0000 39.1250 4,400.0000 0.0000 39.1250 5,400.0000 0.0000 39.1250 5,745.0000 0.0000 39.1250 15,000.0000 0.0000 38.7500 0.0000 400.0000 39.2500 0.0000 400.0000 39.2500 0.0000 400.0000 39.2500 0.0000 400.0000 38.8750 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.7500 0.0000 1,600.0000 38.8750 0.0000 1,600.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/20/96 0.0000 2,000.0000 38.8750 0.0000 2,400.0000 39.2500 0.0000 3,000.0000 39.2500 0.0000 3,000.0000 38.8750 0.0000 3,000.0000 38.8750 0.0000 4,000.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 5,000.0000 39.1250 0.0000 5,400.0000 39.2500 2,500.0000 0.0000 38.7500 5,000.0000 0.0000 39.0000 200.0000 0.0000 38.7500 600.0000 0.0000 38.7500 700.0000 0.0000 38.7500 1,000.0000 0.0000 38.7500 1,500.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 1,800.0000 0.0000 39.1250 2,055.0000 0.0000 39.1250 3,700.0000 0.0000 39.1250 4,400.0000 0.0000 39.1250 5,400.0000 0.0000 39.1250 5,745.0000 0.0000 39.1250 15,000.0000 0.0000 38.7500 0.0000 400.0000 39.2500 0.0000 400.0000 39.2500 0.0000 400.0000 39.2500 0.0000 400.0000 38.8750 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.7500 0.0000 1,000.0000 38.7500 0.0000 1,600.0000 38.8750 0.0000 1,600.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.8750 0.0000 2,000.0000 38.7500 0.0000 2,400.0000 39.2500 0.0000 3,000.0000 39.2500 0.0000 3,000.0000 38.8750 0.0000 3,000.0000 38.8750 0.0000 4,000.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 4,600.0000 39.2500 0.0000 5,000.0000 39.1250 0.0000 5,400.0000 39.2500 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/23/96 200.0000 0.0000 38.1250 1,000.0000 0.0000 38.2500 1,000.0000 0.0000 38.1250 2,500.0000 0.0000 38.5000 2,500.0000 0.0000 38.6250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 685.0000 0.0000 38.1250 1,000.0000 0.0000 38.5625 1,915.0000 0.0000 38.1250 2,500.0000 0.0000 38.5625 2,900.0000 0.0000 38.5625 3,600.0000 0.0000 38.5625 15,000.0000 0.0000 38.4167 0.0000 300.0000 38.6250 0.0000 500.0000 38.2500 0.0000 700.0000 38.6250 0.0000 1,000.0000 38.6250 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.2500 0.0000 1,200.0000 38.2500 0.0000 2,000.0000 38.6250 0.0000 2,000.0000 38.6250 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,300.0000 38.6250 0.0000 2,700.0000 38.6250 0.0000 3,000.0000 38.2500 0.0000 10,000.0000 38.6250 200.0000 0.0000 38.1250 1,000.0000 0.0000 38.2500 1,000.0000 0.0000 38.1250 2,500.0000 0.0000 38.5000 2,500.0000 0.0000 36.6250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 685.0000 0.0000 38.1250 1,000.0000 0.0000 38.5625 1,915.0000 0.0000 38.1250 2,500.0000 0.0000 38.5625 2,900.0000 0.0000 38.5625 3,600.0000 0.0000 38.5625 15,000.0000 0.0000 38.4167 0.0000 300.0000 38.6250 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/23/96 0.0000 500.0000 38.2500 0.0000 700.0000 38.6250 0.0000 1,000.0000 38.6250 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.2500 0.0000 1,200.0000 38.2500 0.0000 2,000.0000 38.6250 0.0000 2,000.0000 38.6250 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,300.0000 38.6250 0.0000 2,700.0000 38.6250 0.0000 3,000.0000 38.2500 0.0000 10,000.0000 38.6250 200.0000 0.0000 38.1250 1,000.0000 0.0000 38.2500 1,000.0000 0.0000 38.1250 2,500.0000 0.0000 38.5000 2,500.0000 0.0000 38.6250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 600.0000 0.0000 38.1250 685.0000 0.0000 38.1250 1,000.0000 0.0000 38.5625 1,915.0000 0.0000 38.1250 2,500.0000 0.0000 38.5625 2,900.0000 0.0000 38.5625 3,600.0000 0.0000 38.5625 15,000.0000 0.0000 38.4167 0.0000 300.0000 38.6250 0.0000 500.0000 38.2500 0.0000 700.0000 38.6250 0.0000 1,000.0000 38.6250 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.5000 0.0000 1,000.0000 38.2500 0.0000 1,200.0000 38.2500 0.0000 2,000.0000 38.6250 0.0000 2,000.0000 38.6250 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,000.0000 38.2500 0.0000 2,300.0000 38.6250 0.0000 2,700.0000 38.6250 0.0000 3,000.0000 38.2500 0.0000 10,000.0000 38.6250 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/24/96 2,000.0000 0.0000 38.0000 3,000.0000 0.0000 38.1250 5,000.0000 0.0000 38.1250 1,000.0000 0.0000 38.1250 2,500.0000 0.0000 38.1250 2,900.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,425.0000 0.0000 38.1250 3,600.0000 0.0000 38.1250 9,575.0000 0.0000 38.1250 15,000.0000 0.0000 38.1250 0.0000 25,000.0000 38.2500 0.0000 34,596.0000 38.2500 2,000.0000 0.0000 38.0000 3,000.0000 0.0000 38.1250 5,000.0000 0.0000 38.1250 1,000.0000 0.0000 38.1250 2,500.0000 0.0000 38.1250 2,900.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,425.0000 0.0000 38.1250 3,600.0000 0.0000 38.1250 9,575.0000 0.0000 38.1250 15,000.0000 0.0000 38.1250 0.0000 25,000.0000 38.2500 0.0000 34,596.0000 38.2500 2,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 5,000.0000 0.0000 38.1250 1,000.0000 0.0000 38.1250 2,500.0000 0.0000 38.1250 2,900.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,000.0000 0.0000 38.1250 3,425.0000 0.0000 38.1250 3,600.0000 0.0000 38.1250 9,575.0000 0.0000 38.1250 15,000.0000 0.0000 38.1250 0.0000 25,000.0000 38.2500 0.0000 34,596.0000 38.2500 12/26/96 1,000.0000 0.0000 37.8750 1,000.0000 0.0000 37.8750 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/26/96 1,000.0000 0.0000 37.8750 12/27/96 10,000.0000 0.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.7500 0.0000 1,000.0000 37.7500 0.0000 1,000.0000 37.7500 0.0000 1,500.0000 37.6250 10,000.0000 0.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.7500 0.0000 1,000.0000 37.7500 0.0000 1,000.0000 37.7500 0.0000 1,500.0000 37.6250 10,000.0000 0.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.6250 0.0000 1,000.0000 37.7500 0.0000 1,000.0000 37.7500 0.0000 1,000.0000 37.7500 0.0000 1,500.0000 37.6250 12/31/96 14.0000 0.0000 36.7500 608.0000 0.0000 36.5000 1,000.0000 0.0000 36.7500 1,000.0000 0.0000 36.2500 0.0000 100.0000 36.5625 0.0000 500.0000 36.2500 0.0000 700.0000 36.0000 0.0000 1,000.0000 36.0000 0.0000 1,000.0000 36.5000 0.0000 1,000.0000 36.2500 0.0000 1,000.0000 36.7500 0.0000 200.0000 36.8750 14.0000 0.0000 36.7500 608.0000 0.0000 36.5000 1,000.0000 0.0000 36.7500 1,000.0000 0.0000 36.2500 0.0000 100.0000 36.5625 0.0000 500.0000 36.2500 0.0000 700.0000 36.0000 0.0000 1,000.0000 36.0000 0.0000 1,000.0000 36.5000 0.0000 1,000.0000 36.2500 0.0000 1,000.0000 36.7500 0.0000 200.0000 36.8750 TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE 12/31/96 14.0000 0.0000 36.7500 608.0000 0.0000 36.5000 1,000.0000 0.0000 36.7500 1,000.0000 0.0000 36.2500 0.0000 100.0000 36.5625 0.0000 500.0000 36.2500 0.0000 700.0000 36.0000 0.0000 1,000.0000 36.0000 0.0000 1,000.0000 36.5000 0.0000 1,000.0000 36.2500 0.0000 1,000.0000 36.7500 0.0000 200.0000 36.8750 -----END PRIVACY-ENHANCED MESSAGE-----