-----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, Ndqrq5aVSiu2ahggJBSfeHsQoxjTFHKtv3yXGFGaU8yGOJv1M/1A/SzhaK7Gdoex +DsJBVA+RUr8kd/gAs4wQQ== 0001104659-10-058171.txt : 20101112 0001104659-10-058171.hdr.sgml : 20101111 20101112170358 ACCESSION NUMBER: 0001104659-10-058171 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20101112 DATE AS OF CHANGE: 20101112 GROUP MEMBERS: BILL & MELINDA GATES FOUNDATION TRUST GROUP MEMBERS: MELINDA FRENCH GATES GROUP MEMBERS: WILLIAM H. GATES SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BERKSHIRE HATHAWAY INC CENTRAL INDEX KEY: 0001067983 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 470813844 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55113 FILM NUMBER: 101187692 BUSINESS ADDRESS: STREET 1: 1440 KIEWIT PLZ CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 4023461400 MAIL ADDRESS: STREET 1: 1440 KIEWIT PLAZA CITY: OMAHA STATE: NE ZIP: 68131 FORMER COMPANY: FORMER CONFORMED NAME: NBH INC DATE OF NAME CHANGE: 19980810 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CASCADE INVESTMENT LLC CENTRAL INDEX KEY: 0001052192 IRS NUMBER: 911680459 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2365 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 BUSINESS PHONE: 4258030720 MAIL ADDRESS: STREET 1: 2365 CARILLON POINT CITY: KIRKLAND STATE: WA ZIP: 98033 SC 13D/A 1 a10-21174_1sc13da.htm SC 13D/A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No. 9)*

 

 

Berkshire Hathaway Inc.

(Name of Issuer)

 

Class B common stock, $0.0033 Par Value

(Title of Class of Securities)

 

084670702

(CUSIP Number)

 

Laurie Smiley, Esq.

Arian Colachis, Esq.

2365 Carillon Point

Kirkland, WA  98033

(425) 889-7900

(Name, Address and Telephone Number of Persons Authorized to
Receive Notices and Communications)

 

November 11, 2010

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



 

CUSIP No.   084670702

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Cascade Investment, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
State of Washington

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With

7.

Sole Voting Power

6,075,000(1)

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power

6,075,000(1)

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

6,075,000(1) 

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
.6%

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

(1)Cascade Investment, L.L.C. (“Cascade”) holds 4,050 shares of Berkshire Hathaway Inc. (the “Issuer”) Class A common stock (“Class A Shares”).  All Class A Shares held by Cascade may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade.  Each Class A Share is convertible, at the option of the holder, into fifteen hundred shares of the Issuer’s Class B common stock (“Class B Shares”).  The number of Class B Shares shown above assumes the conversion of the 4,050 Class A Shares beneficially owned by Cascade into 6,075,000 Class B Shares.

 



 

CUSIP No.   084670702

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
William H. Gates III

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With

7.

Sole Voting Power

6,525,000(1)

 

8.

Shared Voting Power
90,643,501
(2)

 

9.

Sole Dispositive Power

6,525,000(1)

 

10.

Shared Dispositive Power
90,643,501
(2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

97,168,501(1) (2)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)

9.3%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

(1)William H. Gates III beneficially owns 300 shares of Berkshire Hathaway Inc. (the “Issuer”) Class A common stock (“Class A Shares”) directly and an additional 4,050 Class A Shares through Cascade Investment, L.L.C. (“Cascade”), a limited liability company solely owned by Mr. Gates.  Each Class A Share is convertible, at the option of the holder, into fifteen hundred shares of the Issuer’s Class B common stock (“Class B Shares”).  The number of Class B Shares shown above assumes the conversion of the 300 Class A Shares held directly by Mr. Gates into 450,000 Class B Shares and the conversion of the 4,050 Class A Shares held by Cascade into 6,075,000 Class B Shares.

 

(2)Bill & Melinda Gates Foundation Trust (the “Trust”) beneficially owns 90,643,501 shares of the Issuer’s Class B Shares.  For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all Class B Shares beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates, as Co-Trustees of the Trust.

 



 

CUSIP No.   084670702

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Bill & Melinda Gates Foundation Trust

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
State of Washington

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With

7.

Sole Voting Power
-0-

 

8.

Shared Voting Power

90,643,501(1)

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
90,643,501
(1)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
90,643,501
(1)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
8.7%

 

 

14.

Type of Reporting Person (See Instructions)
OO

 

(1)For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all Class B common stock beneficially owned by Bill & Melinda Gates Foundation Trust (the “Trust”) may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates, as Co-Trustees of the Trust.

 



 

CUSIP No.   084670702

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Melinda French Gates

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With

7.

Sole Voting Power
-0-

 

8.

Shared Voting Power

90,643,501(1)

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
90,643,501
(1)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

90,643,501(1)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
8.7%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

(1)Bill & Melinda Gates Foundation Trust (the “Trust”) beneficially owns 90,643,501 shares of Berkshire Hathaway Inc. Class B common stock (“Class B Shares”).  For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all Class B Shares beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates, as Co-Trustees of the Trust.

 



 

EXPLANATORY STATEMENT

 

This Amendment No. 9 to Schedule 13D (“Amendment No. 9”) relates to the Class B common stock, $0.0033 Par Value (“Class B Shares”) of Berkshire Hathaway Inc. (the “Issuer”).  Amendment No. 9 is being filed jointly by Cascade Investment, L.L.C. (“Cascade”), Bill & Melinda Gates Foundation Trust (the “Trust”), William H. Gates III and Melinda French Gates (collectively, the “Reporting Persons”) to amend and supplement the Items set forth below of the Reporting Persons’ Schedule 13D previously filed with the Securities and Exchange Commission on August 24, 2006, as amended on July 17, 2007, March 20, 2008, July 3, 2008, March 6, 2009, July 2, 2009, March 2, 2010, March 19, 2010 and July 2, 2010.  Neither the present filing nor anything contained herein shall be construed as an admission that the Reporting Persons constitute a “group” for any purpose and the Reporting Persons expressly disclaim membership in a group.

 

Item 5.     Interest in Securities of the Issuer

 

(a)  See items 11 and 13 of the cover pages to this Schedule 13D for the aggregate number and percentage of Class B Shares beneficially owned by each of the Reporting Persons.

 

(b)  See items 7 through 10 of the cover pages to this Schedule 13D for the number of Class B Shares beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, and sole or shared power to dispose or to direct the disposition.

 

(c)  During the past sixty days, the Trust sold 1,769,057 Class B Shares, as set forth in Exhibit 99.1 hereto, pursuant to the Trust’s Rule 10b5-1(c)(1) sales plan. The sales were made to facilitate compliance with federal excise tax rules limiting excess business holdings by private foundations.

 

(d)  None.

 

(e)  Not applicable.

 

Item 7.     Material to be Filed as Exhibits

Exhibit 99.1     Transactions during the past sixty days

 



 

SIGNATURE

 

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.

 

 Date:   November 12, 2010

CASCADE INVESTMENT, L.L.C.(1)

 

By:

                        *

 

 

 

Name:

  Alan Heuberger (2)

 

 

Title:

  Attorney-in-fact for Michael Larson,
  Business Manager

 

 

 

 

BILL & MELINDA GATES FOUNDATION TRUST(1)

 

 

 

 

By:

                        *

 

 

 

Name:

  Alan Heuberger (3)

 

 

Title:

  Attorney-in-fact for each of the Co-
  Trustees, William H. Gates III and
  Melinda French Gates

 

 

 

 

WILLIAM H. GATES III(1)

 

 

 

 

By:

                         *

 

 

 

Name:

  Alan Heuberger(3)(4)

 

 

Title:

  Attorney-in-fact

 

 

 

 

 

 

MELINDA FRENCH GATES(1)

 

 

 

 

By:

                         *

 

 

 

Name:

  Alan Heuberger (3)

 

 

Title:

  Attorney-in-fact

 

 

 

 

 

 

*By:

       /s/Alan Heuberger

 

 

 

       Alan Heuberger

 


 

(1)This Amendment No. 9 is being filed jointly by the Reporting Persons pursuant to the Joint Filing Agreement dated August 24, 2006 and included with the signature page to the Reporting Persons’ Schedule 13D with respect to the Issuer filed on August 24, 2006, SEC File No. 005-55113, and incorporated by reference herein.

 

(2)Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of Michael Larson, filed as Exhibit 99.1 to Amendment No. 1 to Cascade’s Schedule 13D with respect to Otter Tail Corporation on April 15, 2009, SEC File No. 005-06638 and incorporated by reference herein.

 

(3)Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III and Melinda French Gates as Co-Trustees, filed as Exhibit 99.5 to Cascade’s Schedule 13D with respect to Grupo Televisa, S.A.B. on May 7, 2009, SEC File No. 005-60431 and incorporated by reference herein.

 

(4)Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III, filed as Exhibit 99.2 to Amendment No. 1 to Cascade’s Schedule 13D with respect to Otter Tail Corporation on April 15, 2009, SEC File No. 005-06638 and incorporated by reference herein.

 


 

EX-99.1 2 a10-21174_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

The table below specifies the date, quantity, weighted-average price and range of price per share of Class B common stock of Berkshire Hathaway Inc. sold by Bill & Melinda Gates Foundation Trust (the “Trust”) during the past sixty days.  The Trust undertakes to provide upon request by the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.  All of the transactions were affected on the New York Stock Exchange or through Electronic Communication Networks.

 

 

 

 

 

 

 

 

Trade Date

 

Quantity

 

Weighted Average
Price/Price Per Share Sold
($)

 

Range of Price ($)

 

 

 

 

 

 

 

9/13/2010

 

38,400

 

83.1298

 

82.9400 - 83.3500

9/14/2010

 

30,000

 

83.3300

 

83.0800 - 83.5700

9/15/2010

 

40,000

 

83.3432

 

82.9200 - 83.5300

9/16/2010

 

21,500

 

83.3018

 

83.0000 - 83.4700

9/17/2010

 

30,200

 

82.7362

 

82.7200 - 83.7000

 

 

14,800

 

83.9578

 

83.7200 - 84.1400

9/20/2010

 

33,800

 

83.3669

 

82.8800 - 83.6400

9/21/2010

 

21,500

 

83.4191

 

83.1400 - 83.7000

9/22/2010

 

24,504

 

82.8053

 

82.4000 - 83.3600

 

 

500

 

83.4200

 

 

9/23/2010

 

22,200

 

81.3636

 

81.0700 - 82.0400

 

 

14,000

 

82.4679

 

82.1200 - 82.7500

9/24/2010

 

21,100

 

82.4171

 

82.0000 - 82.9600

 

 

17,099

 

83.5466

 

83.0300 - 84.0000

 

 

50,500

 

84.4651

 

84.0400 - 85.0000

 

 

12,400

 

85.4071

 

85.2200 - 85.6300

9/27/2010

 

32,900

 

83.4839

 

82.8100 - 83.8000

9/28/2010

 

48,700

 

82.8208

 

82.3000 - 83.2700

 

 

1,400

 

83.3143

 

83.3000 - 83.3300

9/29/2010

 

37,175

 

82.8148

 

82.3000 - 83.2900

 

 

1,500

 

83.3033

 

83.3000 - 83.3100

9/30/2010

 

37,425

 

82.9184

 

82.5400 - 83.5300

 

 

900

 

83.5856

 

83.5500 - 83.6200

10/1/2010

 

41,500

 

82.7247

 

82.3400 - 82.9500

10/4/2010

 

36,000

 

82.0691

 

81.6700 - 82.6500

 

 

4,500

 

82.7578

 

82.7000 - 82.8000

10/5/2010

 

14,300

 

82.7504

 

82.0200 - 83.0100

 

 

35,700

 

83.4385

 

83.0200 - 83.7200

10/6/2010

 

40,000

 

83.3644

 

82.8800 - 83.5100

10/7/2010

 

31,400

 

83.2751

 

82.8200 - 83.6400

10/8/2010

 

38,700

 

83.1617

 

82.9200 - 83.4000

10/11/2010

 

13,604

 

82.9951

 

82.6300 - 83.3000

10/12/2010

 

43,570

 

82.8037

 

82.3300 - 83.3250

 

 

1,430

 

83.3353

 

83.3300 - 83.3500

10/13/2010

 

40,000

 

83.6819

 

83.4000 - 83.8400

10/14/2010

 

35,850

 

83.8210

 

83.4800 - 84.3800

10/15/2010

 

40,000

 

83.5914

 

 

10/18/2010

 

44,709

 

83.4085

 

83.2800 - 83.5700

10/19/2010

 

18,500

 

82.5278

 

82.2000 - 83.1700

 

 

12,100

 

83.3085

 

83.2300 - 83.4100

10/20/2010

 

40,100

 

82.8724

 

82.4800 - 83.0900

10/21/2010

 

35,977

 

83.1437

 

82.9000 - 83.4600

10/22/2010

 

40,709

 

83.1653

 

82.8500 - 83.4200

 



 

 

 

 

 

 

 

 

Trade Date

 

Quantity

 

Weighted Average
Price/Price Per Share Sold
($)

 

Range of Price ($)

 

 

 

 

 

 

 

10/25/2010

 

40,000

 

83.5798

 

83.3200 - 83.9150

10/26/2010

 

29,500

 

81.8466

 

81.4400 - 82.2100

 

 

12,200

 

83.0034

 

82.9000 - 83.0900

10/27/2010

 

46,000

 

80.4475

 

80.1800 - 80.6300

 

 

3,400

 

81.5691

 

81.3500 - 81.6600

10/28/2010

 

36,700

 

80.3813

 

80.1100 - 81.0800

10/29/2010

 

54,110

 

79.5094

 

78.9300 - 79.9200

 

 

7,800

 

80.0901

 

79.9400 - 80.1400

11/1/2010

 

27,300

 

80.0192

 

79.7400 - 80.6600

 

 

10,453

 

81.0325

 

80.7700 - 81.2500

11/2/2010

 

43,100

 

80.3813

 

80.2000 - 80.5600

11/3/2010

 

45,600

 

81.0204

 

80.8000 - 81.3500

11/4/2010

 

49,600

 

82.3055

 

82.0121 - 83.0100

 

 

400

 

83.0450

 

83.0400 - 83.0500

11/5/2010

 

41,414

 

83.2395

 

82.6400 - 83.6000

 

 

8,500

 

83.6906

 

83.6400 - 83.7500

11/8/2010

 

25,100

 

82.3829

 

82.1300 - 82.9600

11/9/2010

 

41,410

 

81.2014

 

80.7200 - 81.5200

 

 

993

 

82.0899

 

82.0800 - 82.1000

11/10/2010

 

31,000

 

81.4112

 

80.8000 - 81.7900

 

 

17,500

 

81.9378

 

81.8000 - 82.1400

11/11/2010

 

35,825

 

81.3094

 

81.0900 - 81.5800

 


 

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