0001144204-16-128172.txt : 20161014 0001144204-16-128172.hdr.sgml : 20161014 20161014162839 ACCESSION NUMBER: 0001144204-16-128172 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161014 DATE AS OF CHANGE: 20161014 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BED BATH & BEYOND INC CENTRAL INDEX KEY: 0000886158 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700] IRS NUMBER: 112250488 STATE OF INCORPORATION: NY FISCAL YEAR END: 0227 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43088 FILM NUMBER: 161937328 BUSINESS ADDRESS: STREET 1: 650 LIBERTY AVENUE CITY: UNION STATE: NJ ZIP: 07083 BUSINESS PHONE: 2013791520 MAIL ADDRESS: STREET 1: 715 MORRIS AVENUE CITY: SPRINGFIELD STATE: NJ ZIP: 07081 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROWN BROTHERS HARRIMAN & CO CENTRAL INDEX KEY: 0000014661 IRS NUMBER: 134973745 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 140 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10005-1101 BUSINESS PHONE: 2124938200 MAIL ADDRESS: STREET 1: 140 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10005-1101 SC 13G/A 1 v450602_sc13ga.htm SCHEDULE 13G AMENDMENT NO. 3

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 3)*

 

Bed Bath & Beyond, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

075896100

 

(CUSIP Number)

 

(Date of Event which Requires Filing of this Statement)

 

October 13, 2016

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x  Rule 13d-1(b)
¨   Rule 13d-1(c)
¨   Rule 13d-1(d)

 

* 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. 075896100   13G   Page 2 of 5 Pages
                                
         
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Brown Brothers Harriman & Co.     13-4973745
   
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    x
   
3.   SEC USE ONLY
 
   
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
  5.  

SOLE VOTING POWER
 1,212,930
 

  6.  

SHARED VOTING POWER
6,117,582

 

  7.  

SOLE DISPOSITIVE POWER
 1,212,930

 

  8.  

SHARED DISPOSITIVE POWER

6,115,074

 

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,328,004

 

   
10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ¨
   
11.  

PERCENT OF CLASS REPREENTED BY AMOUNT IN ROW (9)

 4.81%


   
12.   TYPE OF REPORTING PERSON (see instructions)

BK
   
         

 

 

 

         
CUSIP No. 075896100   13G   Page 3 of 5 Pages
         
         

Item 1.

 

  (a) Name of Issuer
Bed Bath & Beyond Inc.
     
  (b)

Address of Issuer’s Principal Executive Offices
650 Liberty Avenue

Union, New Jersey 07083

     

Item 2.

 

  (a) Name of Person Filing
Brown Brothers Harriman & Co.
     
  (b)

Address of the Principal Office or, if none, residence
140 Broadway

New York, NY 10005

     
  (c) Citizenship
New York
     
  (d) Title of Class of Securities
Common Stock
     
  (e) CUSIP Number
075896100 
     

Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
  (b) x Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(J).
       

 

 

 

         
CUSIP No. 075896100   13G   Page 4 of 5 Pages
         
         

Item 4.  Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

         
  (a)   Amount beneficially owned:  7,328,004
         
  (b)   Percent of class:  4.81%
         
  (c)   Number of shares as to which the person has:  
         
      (i) Sole power to vote or to direct the vote  1,176,785
         
      (ii) Shared power to vote or to direct the vote  6,117,582
         
      (iii) Sole power to dispose or to direct the disposition of  1,176,785
         
      (iv) Shared power to dispose or to direct the disposition of  6,151,219
         

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

 

Item 5.  Ownership of Five Percent or Less of a Class.

 

yes

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following     ¨.

 

Instruction. Dissolution of a group requires a response to this item.

 

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

 

The Shares are held by BBH & Co. on behalf of its clients. To the best of the undersigned's knowledge and belief, no other person has such an economic interest relating to more than 5% of the class reported shares.

 

Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

N/A

 

Item 8.  Identification and Classification of Members of the Group.

 

N/A

 

Item 9.  Notice of Dissolution of Group.

 

N/A

  

Item 10.  Certification.

       
  (a)   The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
         
      By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.  

 

 

 

         
CUSIP No. 075896100    13G   Page 5 of 5 Pages
         
         

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:     10/14/2016
   
 

/s/ Timothy Hartch

Signature

 

   
 

Timothy Hartch, Partner, Brown Brothers

Name/Title