-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, dQED6u4SaSRHb9eeAzCnRhu7TnizF5pGC06BBt15cPfWacGx5409dk1roMBhXJg6 8SxDPPmwbGI6n4z3qAPMhA== 0000912057-95-005799.txt : 19950814 0000912057-95-005799.hdr.sgml : 19950814 ACCESSION NUMBER: 0000912057-95-005799 CONFORMED SUBMISSION TYPE: 8-A12G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950731 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRAND UNION CO /DE/ CENTRAL INDEX KEY: 0000316236 STANDARD INDUSTRIAL CLASSIFICATION: 5411 IRS NUMBER: 251518276 STATE OF INCORPORATION: DE FISCAL YEAR END: 0325 FILING VALUES: FORM TYPE: 8-A12G SEC ACT: 1934 Act SEC FILE NUMBER: 000-26602 FILM NUMBER: 95557714 BUSINESS ADDRESS: STREET 1: 201 WILLOWBROOK BLVD CITY: WAYNE STATE: NJ ZIP: 07470-0966 BUSINESS PHONE: 2018906000 MAIL ADDRESS: STREET 1: 201 WILLOWBROOK BLVD CITY: WAYNE STATE: NJ ZIP: 07470 FORMER COMPANY: FORMER CONFORMED NAME: SUCCESSOR TO GRAND UNION CO/VA/ DATE OF NAME CHANGE: 19600201 8-A12B 1 FORM 8-A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ FORM 8-A FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 THE GRAND UNION COMPANY ------------------------------------ (Exact name of registrant as specified in its charter) Delaware 22-1518276 ---------------------------------------- ------------ (State of incorporation or organization) (I.R.S. Employer Identification no.) 201 Willowbrook Boulevard, Wayne, New Jersey 07470 - - -------------------------------------------- ---------- (Address of principal executive offices) (zip code) Securities to be registered pursuant to Section 12(b) of the Act: None - - ------------------------------------------------------------------------------- Securities to be registered pursuant to Section 12(g) of the Act: Common Stock, $1.00 par value - - ------------------------------------------------------------------------------- Series 1 Warrants - - ------------------------------------------------------------------------------- Series 2 Warrants - - ------------------------------------------------------------------------------- ITEM 1. DESCRIPTION OF REGISTRANT'S SECURITIES DESCRIPTION OF COMMON STOCK, $1.00 PAR VALUE. The total number of shares of all classes of capital stock which the Company has authority to issue is 40,000,000, consisting of 10,000,000 shares of Preferred Stock, par value $1.00 per share, and 30,000,000 shares of Common Stock, par value $1.00 per share. As of June 15, 1995, there were 10,000,000 shares of Common Stock outstanding, and there were no shares of Preferred Stock outstanding. All 10,000,000 shares of outstanding Common Stock were issued by the Company as debtor in possession under Chapter 11 of Title 11 of the United States Code on June 15, 1995, the effective date (the "Effective Date") of the Chapter 11 Plan referred to below, to holders on such date of the Company's 12-1/4% Senior Subordinated Notes, 12-1/4% Senior Subordinated Notes Series A and 13% Senior Subordinated Notes in exchange for surrender and cancellation of such notes pursuant to the Second Amended Chapter 11 Plan of The Grand Union Company, dated April 19, 1995 (the "Chapter 11 Plan"). All of the outstanding shares of Common Stock are fully paid and non-assessable. Subject to the preferential rights of any series of Preferred Stock which may be issued by the Company, and subject to any restrictions on the payment of dividends imposed by (i) the Company's Amended and Restated Credit Agreement dated as of the Effective Date among the Company, various lending institutions and Bankers Trust Company, as Agent, and (ii) the Indenture dated as of the Effective Date with respect to the Company's 12% Senior Notes due September 1, 2004, as the case may be, the holders of Common Stock will be entitled to such ratable dividends (whether payable in cash, property or capital stock) as may be declared from time to time by the board of directors of the Company from legally available funds, property or stock, and will be entitled after payment of all prior claims to receive pro rata all assets of the Company upon the liquidation, dissolution or winding up of the Company. Holders of Common Stock have no redemption, conversion or preemptive rights to purchase or subscribe for securities of the Company. Any offer to redeem, purchase or reacquire any shares of Common Stock by the Company must be made pro rata to all holders of the Common Stock. As set forth in the Company's Bylaws, except as required by law, the holders of the Common Stock shall vote on all matters as a single class, and each holder of the Common Stock shall be entitled to one vote for each share of Common Stock that it owns. Holders of Common Stock do not have cumulative voting rights. The Company has no present intention to issue any of its unissued, authorized shares of Preferred Stock. However, the issuance of any shares of Preferred Stock in the future could -2- adversely affect the rights of the holders of the Common Stock. At present, there is no established trading market for the Common Stock. Pursuant to the Chapter 11 Plan, the Company is obligated to use its reasonable best efforts to cause the Common Stock to be listed on one or more stock exchanges or quoted on the National Association of Securities Dealers National Market System within 120 days after the Effective Date. The Company plans to have the Common Stock listed on the National Market System. DESCRIPTION OF THE SERIES 1 WARRANTS AND THE SERIES 2 WARRANTS The Series 1 Warrants and Series 2 Warrants (collectively, the "Warrants") of the Company grant to the holders of such Warrants the right upon exercise to purchase Common Stock of the Company at the then applicable exercise price. The Warrants were issued on the Effective Date pursuant to a Warrant Agreement dated the Effective Date between the Company and American Stock Transfer & Trust Company, as Warrant Agent (the "Warrant Agreement"), to holders on the Effective Date of the 15% Senior Zero Coupon Notes due 2004 and 16-1/2% Senior Subordinated Zero Coupon Notes due 2007 (collectively, the "Capital Notes") of Grand Union Capital Corporation, the former parent corporation of the Company. Upon, and in consideration of, the issuance of the Warrants, the Capital Notes were canceled and any claim against the Company arising from the Capital Notes was discharged. The number of shares of Common Stock purchasable upon exercise of the Warrants is one share of Common Stock per Warrant. Subject to certain adjustments as provided in Article 6 of the Warrant Agreement. The Series 1 Warrants consist of 300,000 Warrants with an exercise price of $30 per share of Common Stock, and the Series 2 Warrants consist of 600,000 Warrants with an exercise price of $42 per share of Common Stock, both such exercise prices being subject to certain adjustments pursuant to Article 6 of the Warrant Agreement. The terms of the Series 1 Warrants and the Series 2 Warrants are otherwise substantially identical. Both series of Warrants expire if unexercised at 5:00 p.m. on June 16, 2000. Article 6 of the Warrant Agreement provides for an anti-dilution adjustment of the amount of Common Stock issuable upon the exercise of any Warrant in the event of a stock dividend, split-up, combination of shares, distribution to shareholders, issuance of common stock for less than fair value, merger or consolidation. -3- If the Common Stock is listed on a national stock exchange or quoted on the National Market System, the Company must use its best efforts to have the Warrants listed or quoted on the same market. The Company plans to have the Warrants listed on the National Market System. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, solely for issuance and delivery upon exercise of the Warrants, the full number of shares of Common Stock issuable upon the exercise of the Warrants outstanding from time to time. ITEM 2. EXHIBITS I. a. Common Stock Registration Rights Agreement among the Company and each of the purchasers of Common Stock named therein, dated as of June 15, 1995, incorporated by reference to Exhibit No. 4.6 to The Grand Union Company Report on Form 10-K for the fiscal year ended April 1, 1995 (Commission File No. 33-48282-01) (the "Grand Union 10-K"). b. Warrant Agreement between the Company and American Stock Transfer & Trust Company, as Warrant Agent, dated June 15, 1995, incorporated by reference to Exhibit No. 4.5 to the Grand Union 10-K. II. N/A -4- SIGNATURE Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereto duly authorized. The Grand Union Company Date July 31, 1995 By /s/ Kenneth R. Baum ---------------------------- ------------------------------------- Name: Kenneth R. Baum Title: Senior Vice President and Chief Financial Officer -5- -----END PRIVACY-ENHANCED MESSAGE-----