0001181431-14-016153.txt : 20140414 0001181431-14-016153.hdr.sgml : 20140414 20140414191327 ACCESSION NUMBER: 0001181431-14-016153 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140404 FILED AS OF DATE: 20140414 DATE AS OF CHANGE: 20140414 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: USG CORP CENTRAL INDEX KEY: 0000757011 STANDARD INDUSTRIAL CLASSIFICATION: CONCRETE GYPSUM PLASTER PRODUCTS [3270] IRS NUMBER: 363329400 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 550 WEST ADAMS STREET STREET 2: DEPARTMENT 188 CITY: CHICAGO STATE: IL ZIP: 60661 BUSINESS PHONE: 312-606-4000 MAIL ADDRESS: STREET 1: DEPARTMENT #188 STREET 2: 550 WEST ADAMS STREET CITY: CHICAGO STATE: IL ZIP: 60661 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NATIONAL INDEMNITY CO CENTRAL INDEX KEY: 0000314943 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08864 FILM NUMBER: 14763483 BUSINESS ADDRESS: STREET 1: 3024 HARNEY ST CITY: OMAHA STATE: NE ZIP: 68131-3580 BUSINESS PHONE: 4023461400 MAIL ADDRESS: STREET 1: 3024 HARNEY ST CITY: OMAHA STATE: NE ZIP: 68131 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BUFFETT WARREN E CENTRAL INDEX KEY: 0000315090 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08864 FILM NUMBER: 14763484 BUSINESS ADDRESS: STREET 1: 3555 FARNAM ST STREET 2: STE 1440 CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 402-346-1400 MAIL ADDRESS: STREET 1: 3555 FARNAM ST STREET 2: STE 1440 CITY: OMAHA STATE: NE ZIP: 68131 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERKSHIRE HATHAWAY INC CENTRAL INDEX KEY: 0001067983 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08864 FILM NUMBER: 14763485 BUSINESS ADDRESS: STREET 1: 3555 FARNAM STREET CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 4023461400 MAIL ADDRESS: STREET 1: 3555 FARNAM STREET CITY: OMAHA STATE: NE ZIP: 68131 FORMER NAME: FORMER CONFORMED NAME: NBH INC DATE OF NAME CHANGE: 19980810 4 1 rrd407446.xml X0306 4 2014-04-04 0 0000757011 USG CORP USG 0001067983 BERKSHIRE HATHAWAY INC 3555 FARNAM STREET OMAHA NE 68131 0 0 1 0 0000315090 BUFFETT WARREN E 3555 FARNAM STREET OMAHA NE 68131 0 0 1 0 0000314943 NATIONAL INDEMNITY CO 3024 HARNEY STREET OMAHA NE 68131 0 0 1 0 Common Stock 2014-04-04 4 C 0 1480263 11.40 A 39941051 I See footnotes (2), (3), and (4) Common Stock 2014-04-07 4 C 0 815350 11.40 A 40756401 I See footnotes (2), (3), and (4) Common Stock 2014-04-11 4 C 0 2631579 11.40 A 43387980 I See footnotes (2), (3), and (4) 10% Contingent Convertible Senior Notes due 2018 2014-04-04 4 C 0 16875000 16875000 D 2009-02-09 2018-11-30 Common Stock 1480263 39295000 I See footnotes (2), (3), and (4) 10% Contingent Convertible Senior Notes due 2018 2014-04-07 4 C 0 9295000 9295000 D 2009-02-09 2018-11-30 Common Stock 815350 30000000 I See footnotes (2), (3), and (4) 10% Contingent Convertible Senior Notes due 2018 2014-04-11 4 C 0 30000000 30000000 D 2009-02-09 2018-11-30 Common Stock 2631579 0 I See footnotes (2), (3), and (4) The 10% Contingent Convertible Senior Notes due 2018 ("Notes") were convertible into shares of USG Common Stock, $0.10 par value ("Shares"), at an initial conversion price of $11.40 per share, subject to adjustment under certain circumstances. Following the transactions reported on this Form 4, the Shares are owned by four subsidiaries of Berkshire Hathaway Inc. ("Berkshire") as follows: National Indemnity Company ("NICO") (17,072,192 Shares), Berkshire Hathaway Life Insurance Company of Nebraska ("BH Nebraska") (14,035,088 Shares), Berkshire Hathaway Assurance Corporation ("BH Assurance") (7,894,736 Shares) and General Re Life Corporation ("General Re Life") (4,385,964 Shares). $30 million aggregate principal amount of Notes held by BH Nebraska were converted into 2,631,579 Shares, $16,875,000 aggregate principal amount of Notes held by BH Assurance were converted into 1,480,263 Shares and $9,295,000 aggregate principal amount of Notes held by General Re Life were converted into 815,350 Shares. Such conversions occurred following receipt of notice of redemption of the converted Notes. As Berkshire and NICO are each in the chain of ownership of BH Nebraska and BH Assurance, each of Berkshire and NICO may be deemed presently to both beneficially own and have a pecuniary interest in the Shares presently owned by BH Nebraska and BH Assurance. As Berkshire is in the chain of ownership of General Re Life, Berkshire may be deemed presently to both beneficially own and have a pecuniary interest in the Shares presently owned by General Re Life. Warren E. Buffett, as controlling shareholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the Shares presently owned by BH Nebraska, BH Assurance and General Re Life. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. /s/ Berkshire Hathaway Inc., by Marc D. Hamburg 2014-04-14 /s/ Warren E. Buffett 2014-04-14 /s/ National Indemnity Company, by Marc D. Hamburg 2014-04-14