-----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, LLAN2veP+tX/LF6BhtLn+TTFIp7mrY7HVD2hjES+BcESLksxjrNdmXonpldYzoXS fEIJvH3zXm0ZJkn75L4XIw== 0000041289-94-000010.txt : 19941219 0000041289-94-000010.hdr.sgml : 19941219 ACCESSION NUMBER: 0000041289-94-000010 CONFORMED SUBMISSION TYPE: 8-K CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19941013 ITEM INFORMATION: Other events FILED AS OF DATE: 19941216 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: GIANT FOOD INC CENTRAL INDEX KEY: 0000041289 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 530073545 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04434 FILM NUMBER: 00000000 BUSINESS ADDRESS: STREET 1: 6400 SHERIFF RD STREET 2: DEPT 593 CITY: LANDOVER STATE: MD ZIP: 20785 BUSINESS PHONE: 3013414100 MAIL ADDRESS: STREET 1: P.O. BOX 1804 , DEPT 593 STREET 2: 6400 SHERIFF ROAD CITY: LANDOVER STATE: MD ZIP: 20785 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): September 30, 1994 GIANT FOOD INC. (Exact Name of Registrant as Specified in Charter) Delaware 1-4434 (State or other jurisdiction of incorporation) (Commission File Number) 53-0073545 (IRS Employer Identification No.) 6300 Sheriff Road, Landover, Maryland 20785 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code 301-341-4100 Not applicable (Former Name or Former Address, if Changed Since Last Report) 1 Item 5. Other Events On September 30, 1994, Heidi J. Berry, Bernhardt R. Ferson Lehrman and Samuel M. Lehrman, Trustees under Article Fourth of the Will of Charlotte Ferson Lehrman, deceased (the "Lehrman Trust"), and the Trustees individually, together with various family members and related trusts (the "Lehrman Family") entered into a purchase agreement to sell all of their holdings in Giant Food Inc. (the "Company") to J. Sainsbury PLC ("Sainsbury"), a leading food retailer in the United Kingdom. The Lehrman Trust has agreed to sell to Sainsbury its 125,000 Class AL voting shares, representing 50% of the Company's total outstanding voting stock, and the Lehrman Trust and the Lehrman Family have agreed to sell to Sainsbury their 9,529,405 Class A non-voting shares, representing approximately 16% of the Company's total non-voting shares for a total cash consideration of approximately 325 million dollars. Sainsbury will finance the purchase from its existing cash and bank borrowing. The closing of the transaction is expected to occur upon receipt of certain regulatory approvals. In accordance with the Company's Certificate of Incorporation, as the result of its acquisition of the Class AL voting shares, Sainsbury will have the right to elect three of the seven members of the board of directors of the Company (the "Board"). It is expected that upon the closing of the transaction, the Class AL Directors, Samuel M. Lehrman, Max N. Berry, and Scott B. Laurans will relinquish their three seats on the Board and Sainsbury will elect three persons to hold those directorships. Sainsbury will announce those persons who will fill the three directorships at closing. Mr. Israel Cohen, who owns 125,000 shares of Class AC voting shares, representing 50% of the Company's total outstanding voting stock, retains the right to elect the remaining four directors and continues as Chairman of the Board and Chief Executive Officer. The stock acquisitions by Sainsbury will not affect the Company's operations which will continue as usual. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Giant Food Inc. (Registrant) Dated: October 13, 1994 By /s/ David W. Rutstein Name: David W. Rutstein Title: Senior Vice President - General Counsel 3 -----END PRIVACY-ENHANCED MESSAGE-----