-----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, Hphxh/OJtw1BGiE6SGMwTvP1dFrASBcsR/rbNgmS+gXMC1I4wfBmmb3rzPjY/KnC teH8fuKBYg3ahR43HdNeYA== 0000950130-97-003254.txt : 19970723 0000950130-97-003254.hdr.sgml : 19970723 ACCESSION NUMBER: 0000950130-97-003254 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19970722 SROS: NASD GROUP MEMBERS: GOLDMAN SACHS GROUP LP GROUP MEMBERS: GOLDMAN, SACHS & CO. GROUP MEMBERS: GS ADVISORS, L.P. GROUP MEMBERS: GS CAPITAL PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WHOLE FOODS MARKET INC CENTRAL INDEX KEY: 0000865436 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 741989366 STATE OF INCORPORATION: TX FISCAL YEAR END: 0929 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42732 FILM NUMBER: 97643711 BUSINESS ADDRESS: STREET 1: 601 N LAMAR STREET 2: STE 300 CITY: AUSTIN STATE: TX ZIP: 78703 BUSINESS PHONE: 5124774455 MAIL ADDRESS: STREET 1: 601 N LAMAR STREET 2: STE 300 CITY: AUSTIN STATE: TX ZIP: 78703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS GROUP LP CENTRAL INDEX KEY: 0000904571 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133501777 STATE OF INCORPORATION: NY FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129021000 MAIL ADDRESS: STREET 1: 85 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 SC 13D/A 1 AMENDMENT NO. 2 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDMENT NO. 2 Whole Foods Market, Inc. ----------------------------------------- (Name of Issuer) Common Stock, no par value ----------------------------------------- (Title of Class of Securities) 966837106 ----------------------------------------- (CUSIP Number) David J. Greenwald, Esq. Goldman, Sachs & Co. 85 Broad Street New York, New York 10004 (212) 902-1000 ---------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) June 12, 1997 ----------------------------------------- (Date of Event which requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b) (3) or (4), check the following box: ______ - ----------------------- CUSIP NO. 966837106 - ----------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Goldman, Sachs & Co. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) ---- (b) _____ - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds WC - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) X ---------- - -------------------------------------------------------------------------------- 6. Citizenship or place of Organization New York - -------------------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Beneficially -0- Owned By ---------------------------- Each 8 Shared Voting Power Reporting 1,289,623 Person With ---------------------------- 9 Sole Dispositive Power -0- ---------------------------- 10 Shared Dispositive Power 1,289,623 ---------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,289,623 - ----------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares _______ - ----------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 6.7% - ----------------------------------------------------------------- 14. Type of Reporting Person BD-PN-IA - ------------------------------------------------------------------------- Page 2 - ----------------------- CUSIP NO. 966837106 - ----------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Goldman Sachs Group, L.P. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) ---- (b) _____ - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ----------- - -------------------------------------------------------------------------------- 6. Citizenship or place of Organization Delaware - -------------------------------------------------------------------------------- Number of 7 Sole Voting Power Shares 8,328 Beneficially ---------------------------- Owned By 8 Shared Voting Power Each 1,289,623 Reporting ---------------------------- Person With 9 Sole Dispositive Power 8,328 ---------------------------- 10 Shared Dispositive Power 1,289,623 ---------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,297,951 - ----------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares _______ - ----------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 6.7% - ----------------------------------------------------------------- 14. Type of Reporting Person HC-PN - ---------------------------------------------------------------------- Page 3 _____________________ CUSIP NO. 966837106 - ----------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person GS Advisors, L.P. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) ---- (b) ---- - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ----------- - -------------------------------------------------------------------------------- 6. Citizenship or place of Organization Delaware - -------------------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Beneficially -0- Owned By ---------------------------- Each 8 Shared Voting Power Reporting 1,104,815 Person With ---------------------------- 9 Sole Dispositive Power -0- ---------------------------- 10 Shared Dispositive Power 1,104,815 ---------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,104,815 - ----------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares _______ - ----------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.7% - ----------------------------------------------------------------- 14. Type of Reporting Person PN - ----------------------------------------------------------------- Page 4 - ---------------------- CUSIP NO. 966837106 - ----------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person GS Capital Partners, L.P. - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) ---- (b) ---- - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) --------- - -------------------------------------------------------------------------------- 6. Citizenship or place of Organization Delaware - -------------------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Beneficially -0- Owned By ---------------------------- Each 8 Shared Voting Power Reporting 1,104,815 Person With ---------------------------- 9 Sole Dispositive Power -0- ---------------------------- 10 Shared Dispositive Power 1,104,815 ---------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,104,815 - ----------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares ________ - ----------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 5.7% - ----------------------------------------------------------------- 14. Type of Reporting Person PN - ----------------------------------------------------------------- Page 5 AMENDMENT NO. 2 TO SCHEDULE 13D RELATING TO THE COMMON STOCK OF WHOLE FOODS MARKET, INC. GS Capital Partners, L.P. ("GS Capital"), GS Advisors, L.P. ("GS Advisors, L.P."), Goldman, Sachs & Co. ("Goldman Sachs") and The Goldman Sachs Group, L.P. ("GS Group", and together with GS Capital, GS Advisors, L.P. and Goldman Sachs, the "Filing Persons")/1/ hereby amend this statement on Schedule 13D filed with respect to the Common Stock, no par value per share (the "Common Stock") of Whole Foods Market, Inc., a Texas corporation (the "Company"). Goldman Sachs and GS Group may be deemed, for purposes of this Statement, to own beneficially shares of Common Stock through the Limited Partnerships. Goldman Sachs and GS Group each disclaims beneficial ownership of shares of Common Stock beneficially owned by the Limited Partnerships to the extent of partnership interests in the Limited Partnerships held by persons other than Goldman Sachs, GS Group or their affiliates. In addition, GS Group beneficially owns options to purchase shares of Common Stock, and Goldman Sachs and GS Group may be /1/ Neither the present filing nor anything contained herein shall be construed as an admission that any Filing Person constitutes a "person" for any purpose other than Section 13(d) of the Securities Exchange Act of 1934. Page 6 deemed to beneficially own shares of Common Stock held in client accounts managed by Goldman Sachs ("Managed Accounts"). Goldman Sachs and GS Group disclaim beneficial ownership of the shares of Common Stock held in Managed Accounts. In addition, Goldman Sachs may from time to time acquire shares of Common Stock in ordinary course trading activities. Item 3 is hereby amended as follows: Schedule IV also reflects certain ordinary course trading activities in the Common Stock effected by Goldman Sachs. The funds used in such activities came from Goldman Sachs working capital. As of July 18, 1997, no shares of Common Stock were held as a result of such ordinary course trading activities. Item 4 is hereby amended as follows: On July 17, 1997, Elizabeth C. Fascitelli, a vice president of Goldman, Sachs & Co. and GS Capital's former designee to the Board of Directors of the Company resigned from the Board of Directors. A copy of Ms. Fascitelli's resignation letter is attached as Exhibit 7, and incorporated by reference herein. Page 7 Item 5 is hereby amended as follows: ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of July 18, 1997, GS Capital beneficially owned, and GS Advisors, L.P. may be deemed to beneficially own, 1,104,815 shares of Common Stock, representing approximately 5.7% of the shares of Common Stock outstanding, and the Other Limited Partnerships in the aggregate beneficially owned 182,188 shares of Common Stock, representing approximately 0.9% of the shares of Common Stock reported to be outstanding as of May 28, 1997 (as reported in the Company's Quarterly Report on Form 10-Q for the period ended April 13, 1997). As of July 18, 1997, Goldman Sachs may be deemed to beneficially own an aggregate of 1,289,623 shares of Common Stock, including 1,287,003 shares of Common Stock beneficially owned by the Limited Partnerships and 2,620 shares of Common Stock held in Managed Accounts, representing in the aggregate approximately 6.7% of the shares of Common Stock reported to be outstanding as of May 28, 1997 (as reported in the Company's Quarterly Report on Form 10-Q for the period ended April 13, 1997). As of July 18, 1997, GS Group may be deemed to beneficially own an aggregate of 1,297,951 shares of Common Stock, including the 1,289,623 shares of Common Stock which may be deemed to be beneficially owned by Goldman Sachs and 8,328 shares of Common Stock subject to options owned by GS Group that are currently exercisable, representing in the aggregate approximately 6.7% of the shares of Common Stock reported to be outstanding as of May 28, 1997 (as reported in the Company's Quarterly Report on Form 10-Q for the period ended April 13, 1997). GS Group and Goldman Sachs disclaim beneficial ownership of (i) the shares of Common Stock beneficially owned by the Limited Partnerships to the extent of partnership interests in the Limited Partnerships held by persons other than GS Group, Goldman Sachs or their affiliates and (ii) shares of Common Stock held in Managed Accounts. Page 8 None of the Filing Persons and, to the knowledge of each of the Filing Persons, none of the Limited Partnerships that is not a Filing Person and none of the persons listed in Schedule I or II hereto beneficially owns any shares of Common Stock as of July 18, 1997 other than as set forth herein. (b) Each Filing Person shares the power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock beneficially owned by such Filing Person as indicated in the 2nd through 5th pages of this filing. (c) Schedule IV sets forth transactions in the Common Stock which have been effected during the 60 day period from April 13, 1997 through July 18, 1997. Except as set forth on Schedule IV, no transactions in the Common Stock were effected by the Filing Persons, or, to the knowledge of any of the Filing Persons, any of the Limited Partnerships that is not a Filing Person or any of the persons listed on Schedules I or II hereto, during such period. The transactions in the Common Stock described in Schedule IV were effected in the over the counter market directly with a market maker in the Common Stock or in the NASDAQ National Market. The total consideration (exclusive of commissions) for the shares of Common Stock purchased during this period was approximately $60,287.50. Item 6 is hereby amended as follows: In connection with the resignation by Ms. Fascitelli from the Company's Board of Directors, GS Capital delivered a letter to the Company in which GS Capital waived its rights under the Merger Agreement to designate a director to the Company's Board of Directors. A copy of that letter is attached as Exhibit 8 and incorporated by reference herein. Item 7 is hereby amended as follows: (7) Resignation letter from Elizabeth C. Fascitelli to the Company, dated July 17, 1997. (8) Waiver letter from GS Capital to the Company, dated July 17, 1997. Page 9 SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth is true, complete and correct. Dated: July 22, 1997 GOLDMAN, SACHS & CO. By:/s/ Richard A. Friedman ---------------------------------------- Name: Richard A. Friedman Title: Managing Director THE GOLDMAN SACHS GROUP, L.P. By: The Goldman Sachs Corporation, its general partner By: /s/ Richard A. Friedman ----------------------------------------- Name: Richard A. Friedman Title: Executive Vice President GS ADVISORS, L.P. By: GS Advisors, Inc., its general partner By: /s/ Richard A. Friedman ---------------------------------------- Name: Richard A. Friedman Title: President GS CAPITAL PARTNERS, L.P. By: GS Advisors, L.P., its general partner By: GS Advisors, Inc., its general partner By: /s/ Richard A. Friedman ----------------------------------------- Name: Richard A. Friedman Title: President Page 10 SCHEDULE IV Whole Foods Market, Inc. Cusip No. 966837106 Purchases Sales Price Trade Date Settlement Date 47,214 29.0000 15-May-97 20-May-97 3,357 29.0000 15-May-97 20-May-97 1,972 29.0000 15-May-97 20-May-97 1,161 29.0000 15-May-97 20-May-97 1,296 29.0000 15-May-97 20-May-97 2,600 23.1875 1-May-97 2-May-97 2,600 23.1875 1-May-97 2-May-97 8,584 30.0000 12-Jun-97 17-Jun-97 171,688 29.8750 12-Jun-97 17-Jun-97 610 30.0000 12-Jun-97 17-Jun-97 12,209 29.8750 12-Jun-97 17-Jun-97 359 30.0000 12-Jun-97 17-Jun-97 7,170 29.8750 12-Jun-97 17-Jun-97 211 30.0000 12-Jun-97 17-Jun-97 4,222 29.8750 12-Jun-97 17-Jun-97 236 30.0000 12-Jun-97 17-Jun-97 4,711 29.8750 12-Jun-97 17-Jun-97 Page 11 EXHIBIT INDEX EXHIBIT NO. EXHIBIT (7) Resignation Letter from Elizabeth C. Fascitelli to the Company, dated July 17, 1997 (8) Waiver Letter from GS Capital Partners, L.P. to the Company, dated July 17, 1997. EX-7 2 LETTER OF RESIGNATION Exhibit 7 July 17, 1997 Whole Foods Market, Inc. 601 North Lamar Blvd., #300 Austin, Texas 78703-5413 Attn: Board of Directors Dear Sirs: This letter serves as confirmation of my resignation from the Board of Directors of Whole Foods Market, Inc., effective today, July 17, 1997. Sincerely, /s/ Elizabeth Fascitelli Elizabeth Fascitelli EX-8 3 WAIVER LETTER Exhibit 8 July 17, 1997 Whole Foods Market, Inc. 601 North Lamar Blvd., #300 Austin, Texas 78703-5413 Attn: Board of Directors Dear Sirs: Please be advised that GS Capital Partners, L.P. hereby waives all rights to designate a director to the Board of Directors of Whole Foods Market, Inc. pursuant to Section 5.19 of the Agreement and Plan of Merger among Whole Foods Market, Inc., Whole Foods Mid-Atlantic, Inc. and Fresh Fields Markets, Inc. dated June 17, 1996, as amended. Except as expressly set forth above, all terms and provisions of such Agreement and Plan of Merger shall remain in full force and effect. Sincerely, GS Capital Partners, L.P. By: GS Advisors, L.P., its general partner By: GS Advisors, Inc., its general partner By: /s/ Richard A. Friedman ---------------------------------- Richard A. Friedman President -----END PRIVACY-ENHANCED MESSAGE-----