0001193125-22-036877.txt : 20220211 0001193125-22-036877.hdr.sgml : 20220211 20220211154501 ACCESSION NUMBER: 0001193125-22-036877 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220211 DATE AS OF CHANGE: 20220211 GROUP MEMBERS: BEATRICE B. TAPLIN GROUP MEMBERS: BRITTON T. TAPLIN GROUP MEMBERS: FRANK F. TAPLIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NACCO INDUSTRIES INC CENTRAL INDEX KEY: 0000789933 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD APPLIANCES [3630] IRS NUMBER: 341505819 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38001 FILM NUMBER: 22620327 BUSINESS ADDRESS: STREET 1: 5875 LANDERBROOK DR STREET 2: SUITE 220 CITY: CLEVELAND STATE: OH ZIP: 44124-4069 BUSINESS PHONE: 4402295123 MAIL ADDRESS: STREET 1: 5875 LANDERBROOK DR CITY: CLEVELAND STATE: OH ZIP: 44124 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Abigail II, LLC CENTRAL INDEX KEY: 0001833144 IRS NUMBER: 822812443 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5910 S UNIVERSITY BLVD. STREET 2: SUITE C-18 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80121 BUSINESS PHONE: 3038982831 MAIL ADDRESS: STREET 1: 5910 S UNIVERSITY BLVD. STREET 2: SUITE C-18 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80121 SC 13D/A 1 d263132dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

 

NACCO Industries, Inc.

(Name of Issuer)

Class A Common Stock, par value $1.00 per share

(Title of Class of Securities)

629579103

(CUSIP Number)

Britton T. Taplin

5910 South University Boulevard

Unit C-18

Greenwood Village, Colorado 80121-2879

(303) 892-9400

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

February 2022

(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.

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).

(continued on following pages)

 

 

 


  1    

  NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

  Beatrice B. Taplin

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS*

 

  OO – See Item 3

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  USA

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  66,964

     8   

  SHARED VOTING POWER

 

  399,218

     9   

  SOLE DISPOSITIVE POWER

 

  66,964

   10   

  SHARED DISPOSITIVE POWER

 

  399,218

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  466,182

12  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  8.30%

14  

  TYPE OF REPORTING PERSON*

 

  IN


  1    

  NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

  Britton T. Taplin

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS*

 

  OO – See Item 3

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  USA

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  73,173

     8   

  SHARED VOTING POWER

 

  410,975

     9   

  SOLE DISPOSITIVE POWER

 

  73,173

   10   

  SHARED DISPOSITIVE POWER

 

  410,975

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  484,148

12  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  8.62%

14  

  TYPE OF REPORTING PERSON*

 

  IN


  1    

  NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

  Frank F. Taplin

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS*

 

  OO – See Item 3

  5  

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  USA

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  41,357

     8   

  SHARED VOTING POWER

 

  405,220

     9   

  SOLE DISPOSITIVE POWER

 

  41,357

   10   

  SHARED DISPOSITIVE POWER

 

  405,220

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  446,577

12  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

  ☐

13  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  7.95%

14  

  TYPE OF REPORTING PERSON*

 

  IN


Part II to Schedule D

This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) is hereby filed to update and supplement certain information with respect to the shares of Class A Common Stock (the “Class A Common”) of NACCO Industries, Inc. (the “Issuer”) held by Abigail II LLC a Colorado limited liability company (“Abigail II”), that appeared in the Schedule 13D on November 20, 2020 (the “Initial Filing” and together with Amendment No. 1, the “Filings”). This Amendment No. 1 (a) updates certain information with respect to certain Reporting Persons under the Filings and (b) reflects the acquisitions and/or dispositions of shares of Class A Common by certain Reporting Persons. Capitalized terms used herein but not defined herein have the meanings assigned to them in the Filings.

Item 2. Identity and Background

The statements under the heading Frank F. Taplin which appear in the Filings, are hereby deleted and replaced by the following:

Frank F. Taplin. Mr. Frank Taplin’s resident address is 8491 W. Sunset Blvd., #252, Los Angeles, California 90069. He is self-employed.

Item 5. Interest in Securities of the Issuer.

(a) —(b) Although each Reporting Person disclaims beneficial ownership of any shares of Class A Common beneficially owned by each other Reporting Person, pursuant to the Act and regulations thereunder the Reporting Persons may be deemed as a group to have acquired beneficial ownership of 349,100 shares of Class A Common, the aggregate number of shares of Class A Common which are subject to the terms of the Abigail II Operating Agreement, representing 6.22% of the outstanding Class A Common as of December 31, 2021.

The statements under the heading Beatrice B. Taplin which appear in the Filings, are hereby deleted and replaced in their entirety by the following:

Beatrice B. Taplin. Ms. Taplin has the sole power to vote and dispose of 66,964 shares of Class A Common. Ms. Taplin is deemed to share with National City Bank the power to vote and dispose of 50,118 shares of Class A Common, held in trust for her grandkids, for which she is a co-trustee and is deemed to share with the Taplin Family the power to vote and dispose of 349,100 shares of Class A Common held in a trust for Abigail II. Collectively, the 466,182 shares of Class A Common beneficially owned by Ms. Taplin constitute approximately 8.30% of the Class A Common outstanding as of December 31, 2021.

The statements under the heading Britton T. Taplin which appear in the Filings, are hereby deleted and replaced in their entirety by the following:

Britton T. Taplin. Mr. Britton Taplin has the sole power to vote and dispose of 73,173 shares of Class A Common. Mr. Britton Taplin is deemed to share with his spouse (DiAhn E. Taplin) the power to vote and dispose of 5,755 shares of Class A Common and is deemed to share with the Taplin Family the power to vote and dispose of 56,120 shares of Class A Common held in trust for Abigail, LLC for which Mr. Taplin is a co-trustee with the Taplin Family and is deemed to share with the Taplin Family the power to vote and dispose of 349,100 shares of Class A Common held in a trust for Abigail II. Collectively, the 484,148 shares of Class A Common beneficially owned by Mr. Britton Taplin constitute approximately 8.62% of the Class A Common outstanding as of December 31, 2021.

The statements under the heading Frank F. Taplin which appear in the Filings, are hereby deleted and replaced in their entirety by the following:

Frank F. Taplin. Mr. Frank Taplin has the sole power to vote and dispose of 41,357 shares of Class A Common. Mr. Frank Taplin is deemed to share with the Taplin Family the power to vote and dispose of 56,120 shares of Class A Common held in trust for Abigail, LLC for which Mr. Taplin is a co-trustee with the Taplin Family and is deemed to share with the Taplin Family the power to vote and dispose of 349,100 shares of Class A Common held in a trust for Abigail II. Collectively, the 446,577 shares of Class A Common beneficially owned by Mr. Frank Taplin constitute approximately 7.95% of the Class A Common outstanding as of December 31, 2021


Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

The information provided with respect to the Stockholders’ Agreement is hereby amended by inserting at the end thereof the following:

Effective February 11, 2022, each of the Issuer and the Participating Stockholders executed and delivered an Amendment to the Stockholders’ Agreement amending the Amended and Restated Stockholders’ Agreement to add additional Participating Stockholders under the Stockholders’ Agreement. A copy of the Third Amendment to the Amended and Restated Stockholders’ Agreement is attached hereto as Exhibit 8 and is incorporated herein in its entirety.

Item 7. Material to be Filed as Exhibits.

 

Exhibit 8    Third Amendment to Amended and Restated Stockholders’ Agreement, dated as of February 11, 2022, by and between the Depository, the Issuer, the new Participating Stockholders and the Participating Stockholders.

[Signatures begin on the next page.]

[The remainder of this page was intentionally left blank.]


SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

Date: February 11, 2022

 

ABIGAIL II LLC

By:

 

/s/ Britton T. Taplin

 

Britton T. Taplin

 

Manager

 

REPORTING PERSONS
  /s/ Britton T. Taplin
Name:   Britton T. Taplin on behalf of himself and as:
Attorney-in-Fact for Marital Trust created by the
  Agreement, dated January 21, 1966, as supplemented, amended and restated, between PNC Bank and Beatrice Taplin, as Trustees, and Thomas E. Taplin, for the benefit of Beatrice B. Taplin*
Attorney-in-Fact for Beatrice B. Taplin*
Attorney-in-Fact for Frank F. Taplin*

 

*

The power of attorney authorizing the above named individual to act on behalf of each of the foregoing Reporting Persons is included in Exhibit 7 of the Initial Filing.

EX-99.8 2 d263132dex998.htm EX-99.8 EX-99.8

Exhibit 8

THIRD AMENDMENT TO AMENDED AND

RESTATED STOCKHOLDERS’ AGREEMENT

This THIRD AMENDMENT TO AMENDED AND RESTATED STOCKHOLDERS’ AGREEMENT, dated as of February 11, 2022 (this “Amendment”), by and among the Depository, NACCO Industries, Inc., a Delaware corporation (the “Corporation”), the new Participating Stockholders identified on the signature pages hereto (the “New Participating Stockholders” and each a “New Participating Stockholder”) and the Participating Stockholders under the Amended and Restated Stockholders’ Agreement, dated as of September 29, 2017 (as amended, the “Stockholders’ Agreement”), by and among the Depository, the Corporation and the Participating Stockholders. Capitalized terms defined in the Stockholders’ Agreement are used herein as so defined.

This Amendment sets forth the terms and conditions on which each New Participating Stockholder will join in and become a party to the Stockholders’ Agreement.

Pursuant to Section 8 of the Stockholders’ Agreement, prior to the acquisition of Class B Common Stock by a Permitted Transferee, the Stockholders’ Agreement may be amended to add a Permitted Transferee as a Participating Stockholder by a writing signed by the Signatories, the Corporation and such Permitted Transferee.

In consideration of the mutual promises hereinafter set forth and other good and valuable consideration had and received, the parties hereto agree as follows:

1. Representations and Warranties. Each New Participating Stockholder represents and warrants to the other Participating Stockholders and the Corporation as follows:

(a) The New Participating Stockholder is the beneficial owner of, or simultaneously with the execution hereof will acquire and be deemed to be the beneficial owner of, the shares of Class B Common Stock identified below such New Participating Stockholder’s name on the signature pages hereto (except as otherwise described thereon), and except as otherwise described thereon such New Participating Stockholder does not own of record or beneficially or have any interest in any other shares of Class B Common Stock or any options to purchase or rights to subscribe or otherwise acquire any other shares of Class B Common Stock other than pursuant to the Stockholders’ Agreement;

(b) The New Participating Stockholder has the right, power and authority to execute and deliver this Amendment and to perform such New Participating Stockholder’s obligations hereunder and under the Stockholders’ Agreement; if this Amendment is being executed by a trustee on behalf of a trust, such trustee has full right, power and authority to enter into this Amendment on behalf of the trust and to bind the trust and its beneficiaries to the terms hereof; if this Amendment is being executed on behalf of a Participating Stockholder Organization, the person executing this Amendment is a duly authorized representative of such Participating Stockholder Organization with full right, power and authority to execute and deliver this Amendment on behalf of such Participating Stockholder Organization and to bind such Participating Stockholder Organization to the terms hereof; the execution, delivery and performance of this Amendment by such New


Participating Stockholder will not constitute a violation of, conflict with or result in a default under (i) any contract, understanding or arrangement to which such New Participating Stockholder is a party or by which such New Participating Stockholder is bound or require the consent of any other person or any party pursuant thereto; (ii) any organizational, charter or other governance documents (including, without limitation, any partnership agreement, certificate of incorporation, or bylaws) of such New Participating Stockholder, (iii) any judgment, decree or order applicable to such New Participating Stockholder; or (iv) any law, rule or regulation of any governmental body;

(c) This Amendment and the Stockholders’ Agreement constitute legal, valid and binding agreements on the part of such New Participating Stockholder; the shares of Class B Common Stock owned beneficially by such New Participating Stockholder are fully paid and nonassessable; and

(d) The shares of Class B Common Stock owned beneficially by the New Participating Stockholder are now held by the New Participating Stockholder, free and clear of all adverse claims, liens, encumbrances and security interests (except as created by the Stockholders’ Agreement and any Amendments thereto, including this Amendment, and the Restated Certificate).

2. Address for Notices. The address for all notices to each New Participating Stockholder provided pursuant to the Stockholders’ Agreement shall be the address set forth below such New Participating Stockholder’s name on the signature pages hereto, or to such other address as such New Participating Stockholder may specify to the Depository.

3. Agreement to be Bound by Stockholders’ Agreement. Each New Participating Stockholder agrees to be bound by all of the terms and provisions of the Stockholders’ Agreement applicable to Participating Stockholders.

4. Beneficiaries. Each New Participating Stockholder acknowledges that the Corporation and each Participating Stockholder is a beneficiary of this Amendment.

5. Amendment of Stockholders’ Agreement. The Stockholders’ Agreement is hereby amended to add each New Participating Stockholder as a Participating Stockholder.

6. Signature of Amendment by Trusts, Minors and Incompetents.

(a) In order for a trust exclusively (as defined in Section 1.11 of the Stockholders’ Agreement) for the benefit of a Family Member or Members to be considered a Participating Stockholder:

(i) the trustee and all adult beneficiaries of such trusts having a current trust interest (as well as all Charitable Organization beneficiaries having a current trust interest) shall have previously signed the Stockholders’ Agreement or shall sign this Amendment as a Participating Stockholder;

 

2


(ii) the trustee and a parent or legal guardian, for trusts with minor beneficiaries having a current trust interest, shall sign this Amendment on behalf of any such minor beneficiaries; or

(iii) the trustee and legal guardian, if any, for trusts with incompetent beneficiaries having a current trust interest, shall sign this Amendment on behalf of any such incompetent beneficiaries.

(b) If, at any time, any trust shall have an adult beneficiary (and such beneficiary is not incompetent) having a current trust interest or an ascertainable Charitable Organization beneficiary having a current trust interest and if such beneficiary has not previously signed the Stockholders’ Agreement, then if such beneficiary shall fail or be unable to sign this Amendment for a period of 30 calendar days following notification to such beneficiary of the terms of this Amendment and the Stockholders’ Agreement by the Depository and following signature of this Amendment by the trustee, the trust shall thereupon cease to be a Participating Stockholder and Section 3.2 of the Stockholders’ Agreement shall then apply as if the shares of Class B Common Stock held by the trust were then to be converted. The donor of a trust that is revocable by the donor alone, during the lifetime of such donor, shall be considered the only beneficiary thereof so long as such trust is so revocable.

(c) In the case of Class B Common Stock held by a custodian under the Uniform Transfers to Minors Act (or the practical equivalent thereof) for the benefit of a minor Family Member, the custodian shall sign this Amendment on behalf of such minor if such minor is to be considered a Participating Stockholder.

(d) In the case of Class B Common Stock held in the name of a minor Family Member, a parent or legal guardian of such minor shall sign this Amendment on behalf of such minor if such minor is to be considered a Participating Stockholder.

(e) In the case of Class B Common Stock held in the name of an incompetent Family Member, the legal guardian of such incompetent shall sign this Amendment on behalf of such incompetent if such incompetent is to be considered a Participating Stockholder.

(f) When a minor described in Section 6(c) or(d) reaches the age of majority, or an incompetent described in Section 6(e) is no longer impaired by such disability and has reached the age of majority, such Family Member shall execute and deliver an Amendment which has been executed and delivered by the Participating Stockholders (or their attorney-in-fact), the Corporation and the Depository. If such Family Member shall fail or be unable to sign such Amendment for a period of 30 calendar days following notification to such Family Member of the terms of the Stockholders’ Agreement by the Depository, such Family Member shall thereupon cease to be a Participating Stockholder and Section 3.2 of the Stockholders’ Agreement shall then apply as if the shares of Class B Common Stock were then to be converted.

 

3


7. Power of Attorney. The undersigned New Participating Stockholders hereby constitute and appoint Alfred M. Rankin, Jr., Andrew C. Thomas, John D. Neumann, Matthew J. Dilluvio and Kimberly J. Pustulka and each of them, as the true and lawful attorney or attorneys-in-fact, with full power of substitution and resubstitution, for the undersigned and in the name, place and stead of the undersigned, in any and all capacities to:

(a) execute any and all statements under Section 13 or Section 16 of the Securities Exchange Act of 1934 of beneficial ownership of shares of Class B Common Stock subject to the Stockholders’ Agreement as amended by this Amendment, including all statements on Schedule 13D and all amendments thereto, all joint filing agreements pursuant to Rule 13d-l(k) under such Exchange Act in connection with such statements, all initial statements of beneficial ownership on Form 3 and any and all other documents to be filed with the Securities and Exchange Commission, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, and

(b) execute and deliver any and all Amendments whereby a Family Member, Charitable Organization or Participating Stockholder Organization becomes a Participating Stockholder or any other amendment to the Stockholders’ Agreement in accordance with Section 8 of the Stockholders’ Agreement, other than those amendments that (i) extend the term of the Stockholders’ Agreement or(ii) amend Section 2, 3, 4 or 8 of the Stockholders’ Agreement, thereby granting to said attorney or attorneys-in-fact, and each of them, full power and authority to do so and to perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorney or attorneys-in-fact or any of them, or their substitutes or resubstitutes, may lawfully do or cause to be done by virtue of this Section 7. The grant of this power of attorney shall not be affected by any disability of such undersigned New Participating Stockholder. If applicable law requires additional or substituted language or formalities (including witnesses or acknowledgments) in order to validate the power of attorney intended to be granted by this Section 7, each New Participating Stockholder agrees to execute and deliver such additional instruments and to take such further acts as may be necessary to validate such power of attorney.

8. Counterparts. This Amendment may be executed in multiple counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument, without production of the others.

 

4


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

Corbin K. Rankin Main Trust u/a/d November 30, 2015, as amended

(a new Participating Stockholder)

Name:

 

/s/ Corbin K. Rankin

 

Corbin K. Rankin, Trustee

Number of Shares of

Class B Common Stock

 

5


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

Elizabeth B. Rankin Main Trust u/a/d November 10, 2015, as amended

(a new Participating Stockholder)

Name:

 

/s/ Elizabeth B. Rankin

 

Elizabeth B. Rankin, Trustee

Number of Shares of

Class B Common Stock

 

6


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

Lynne T. Rankin Main Trust u/a/d December 4, 2015, as amended

(a new Participating Stockholder)

Name:

 

/s/ Lynne T. Rankin

 

Lynne T. Rankin, Trustee

Number of Shares of

Class B Common Stock

 

7


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

Scott W. Seelbach Main Trust u/a/d December 22, 2015

(a new Participating Stockholder)

Name:

 

/s/ Scott W. Seelbach

 

Scott W. Seelbach, Trustee

Number of Shares of

Class B Common Stock

 

8


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

NACCO INDUSTRIES, INC.

By:

 

/s/ John D. Neumann

Name:

 

John D. Neumann

Title:

 

Vice President, General Counsel and Secretary

Date:

 

2/11/2022

 

9


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

NACCO INDUSTRIES, INC., as Depository

By:

 

/s/ John D. Neumann

Name:

 

John D. Neumann

Title:

 

Vice President, General Counsel and Secretary

Date:

 

2/11/2022

 

10


IN WITNESS WHEREOF, each New Participating Stockholder, the Participating Stockholders, the Corporation and the Depository have executed this Amendment or caused this Amendment to be executed in their respective names, all as of the date and year first above written.

 

THE PARTICIPATING STOCKHOLDERS listed in Annex A attached hereto and incorporated herein by this reference

By:

 

/s/ John D. Neumann

 

John D. Neumann, Attorney-in-fact

 

11


Annex A

PARTICIPATING STOCKHOLDERS

 

1.

Clara L. T. Rankin

 

2.

Alfred M. Rankin, Jr.

 

3.

Victoire G. Rankin

 

4.

Helen Rankin Butler (f/k/a Helen P. Rankin)

 

5.

Clara T. Rankin Williams (f/k/a Clara T. Rankin)

 

6.

Thomas T. Rankin

 

7.

Matthew M. Rankin

 

8.

James T. Rankin

 

9.

Claiborne R. Rankin

 

10.

Chloe O. Rankin

 

11.

Chloe R. Seelbach (f/k/a Chloe E. Rankin)

 

12.

Claiborne R. Rankin, Jr.

 

13.

Roger F. Rankin

 

14.

Bruce T. Rankin

 

15.

Martha S. Kelly

 

16.

Susan Sichel

 

17.

Jennifer T. Jerome

 

18.

Caroline T. Ruschell

 

19.

David F. Taplin

 

20.

Beatrice B. Taplin

 

21.

Theodore D. Taplin

 

22.

Britton T. Taplin

 

23.

Frank F. Taplin

 

24.

Rankin Management, Inc.

 

25.

Rankin Associates I, L.P. (f/k/a CTR Family Associates, L.P.)

 

12


26.

The Trust created under the Agreement, dated December 28, 1976, between National City Bank, as trustee, and Clara L.T. Rankin, for the benefit of grandchildren

 

27.

The Trust created under the Agreement, dated July 20, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Clara T. Rankin, for the benefit of Clara T. Rankin

 

28.

The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Alfred M. Rankin, Jr., for the benefit of Alfred M. Rankin, Jr.

 

29.

The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Victoire G. Rankin, for the benefit of Victoire G. Rankin

 

30.

The Trust created under the Agreement, dated December 29, 1967, as supplemented, amended and restated, between Thomas T. Rankin, as trustee, and Thomas T. Rankin, creating a trust for the benefit of Thomas T. Rankin

 

31.

The Trust created under the Agreement, dated June 22, 1971, as supplemented, amended and restated, between Claiborne R. Rankin, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Claiborne R. Rankin

 

32.

The Trust created under the Agreement, dated September 11, 1973, as supplemented, amended and restated, between Roger F. Rankin, as trustee, and Roger F. Rankin, creating a trust for the benefit of Roger F. Rankin

 

33.

The Trust created under the Agreement, dated September 28, 2000, between Alfred M. Rankin, Jr., as trustee, and Bruce T. Rankin, for the benefit of Bruce T. Rankin

 

34.

The Trust created under the Agreement, dated October 15, 1975, between PNC Bank and Britton T. Taplin, as successor trustee, for the benefit of Theodore D. Taplin

 

35.

The Trust created under the Agreement, dated December 30, 1977, as supplemented, amended and restated, between National City Bank, as trustee, and Britton T. Taplin for the benefit of Britton T. Taplin

 

36.

The Trust created under the Agreement, dated December 29, 1989, as supplemented, amended and restated, between Clara T. (Rankin) Williams, as trustee, and Clara T. (Rankin) Williams for the benefit of Clara T. (Rankin) Williams

 

37.

The Trust created under the Agreement, dated December 29, 1989, as supplemented, amended and restated, between Helen P. (Rankin) Butler, as trustee, and Helen P. (Rankin) Butler for the benefit of Helen P. (Rankin) Butler

 

38.

Corbin Rankin

 

39.

Alison A. Rankin

 

13


40.

National City Bank as agent under the Agreement, dated July 16, 1969, with Margaret E. Taplin

 

41.

Alison A. Rankin, as trustee fbo A. Farnham Rankin under Irrevocable Trust No. 1, dated December 18, 1997, with Roger Rankin, Grantor

 

42.

Alison A. Rankin, as trustee fbo Elisabeth M. Rankin under Irrevocable Trust No. 1, dated December 18, 1997, with Roger Rankin, Grantor

 

43.

Rankin Associates II, L.P.

 

44.

John C. Butler, Jr.

 

45.

Clara Rankin Butler

 

46.

The Trust created under the Agreement, dated July 24, 1998, as amended, between Frank F. Taplin, as trustee, and Frank F. Taplin, for the benefit of Frank F. Taplin

 

47.

David B. H. Williams

 

48.

Griffin B. Butler

 

49.

The Claiborne R. Rankin, Jr. Revocable Trust dated August 25, 2000

 

50.

Alison A. Rankin as Trustee under Irrevocable Trust No. 2, dated September 11, 2000, for the benefit of A. Farnham Rankin

 

51.

Alison A. Rankin as Trustee under Irrevocable Trust No. 2, dated September 11, 2000, for the benefit of Elisabeth M. Rankin

 

52.

Alison A. Rankin as Trustee of the Alison A. Rankin Revocable Trust, dated September 11, 2000

 

53.

The Trust created under the Agreement, dated December 20, 1993 for the benefit of Matthew M. Rankin

 

54.

Scott Seelbach

 

55.

Margo Jamison Victoire Williams (by Clara Rankin Williams as Custodian)

 

56.

Trust created under the Agreement, dated June 1, 1995, between Chloe O. Rankin, as Trustee, and Chloe O. Rankin, for the benefit of Chloe O. Rankin

 

57.

Trust created by the Agreement, dated June 17, 1999, between John C. Butler, Jr., as trustee, and John C. Butler, Jr., creating a trust for the benefit of John C. Butler, Jr.

 

58.

Clara Rankin Butler 2002 Trust, dated November 5, 2002

 

59.

Griffin Bedwell Butler 2002 Trust, dated November 5, 2002

 

60.

Elizabeth B. Rankin

 

14


61.

Margo Jamison Victoire Williams 2004 Trust created by the Agreement, dated December 10, 2004, between David B.H. Williams, as trustee, and Clara Rankin Williams, creating a trust for the benefit of Margo Jamison Victoire Williams

 

62.

Helen Charles Williams 2004 Trust created by the Agreement, dated December 10, 2004, between David B.H. Williams, as trustee, and Clara Rankin Williams, creating a trust for the benefit of Helen Charles Williams

 

63.

Helen Charles Williams (by David B.H. Williams as Custodian)

 

64.

Julia L. Rankin Kuipers

 

65.

Trust created by the Agreement, dated December 21, 2004 for the benefit of Julia L. Rankin

 

66.

Thomas Parker Rankin

 

67.

Taplin Elizabeth Seelbach (by Scott Seelbach as Custodian)

 

68.

Trust created by the Agreement, dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Taplin Elizabeth Seelbach

 

69.

Rankin Associates IV, L.P.

 

70.

Marital Trust created by the Agreement, dated January 21, 1966, as supplemented, amended and restated, between PNC Bank and Beatrice Taplin, as Trustees, and Thomas E. Taplin, for the benefit of Beatrice B. Taplin

 

71.

Trust created by the Agreement, dated May 10, 2007, between Mathew M. Rankin, as Grantor, and Mathew M. Rankin and James T. Rankin, as co-trustees, for the benefit of Mary Marshall Rankin

 

72.

Trust created by Agreement, dated May 10, 2007, between Mathew M. Rankin, as trustee, and James T. Rankin, creating a trust for the benefit of William Alexander Rankin

 

73.

Trust created by the Agreement dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Isabelle Scott Seelbach

 

74.

Lynne Turman Rankin

 

75.

Jacob A. Kuipers

 

76.

2012 Chloe O. Rankin Trust

 

77.

2012 Corbin K. Rankin Trust

 

78.

2012 Alison A. Rankin Trust

 

15


79.

2012 Helen R. Butler Trust

 

80.

2012 Clara R. Williams Trust

 

81.

The David B.H. Williams Trust, David B.H. Trustee u/a/d October 14, 2009

 

82.

Mary Marshall Rankin (by Matthew M. Rankin, as Custodian)

 

83.

William Alexander Rankin (by Matthew M. Rankin, as Custodian)

 

84.

Margaret Pollard Rankin (by James T. Rankin, as Custodian)

 

85.

Trust created by the Agreement, dated April 10, 2009, between Chloe R. Seelbach, as trustee, creating a trust for the benefit of Chloe R. Seelbach

 

86.

Trust created by the Agreement, dated December 21, 2004, between Chloe R. Seelbach, as trustee, and Claiborne R. Rankin, creating a trust for the benefit of Thomas Wilson Seelbach

 

87.

Isabelle Seelbach (by Chloe R. Seelbach, as Custodian)

 

88.

Elisabeth M. Rankin

 

89.

A. Farnham Rankin

 

90.

Taplin Annuity Trust #1 of Beatrice B. Taplin dated June 18, 2011

 

91.

The Beatrice B. Taplin Trust/Custody dtd December 12, 2001, Beatrice B. Taplin, as Trustee, for the benefit of Beatrice B. Taplin

 

92.

Ngaio T. Lowry Trust, dated February 26, 1998, Caroline T. Ruschell, Trustee

 

93.

Caroline T. Ruschell Trust Agreement dated December 8, 2005, Caroline T. Ruschell as Trustee

 

94.

Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966 and as amended, Beatrice Taplin, Trustee

 

95.

Thomas E. Taplin Exempt Family Trust u/a dated January 21, 1966 amended, per IRC 1015(A) Dual Basis Sub-Account, Beatrice Taplin, Trustee

 

96.

Alfred M. Rankin Jr.-Roth IRA- Brokerage Account #*****

 

97.

John C. Butler, Jr.-Roth IRA- Brokerage Account #*****

 

98.

DiAhn Taplin

 

99.

BTR 2012 GST for Helen R. Butler

 

100.

BTR 2012 GST for Clara R. Williams

 

101.

BTR 2012 GST for James T. Rankin

 

102.

BTR 2012 GST for Matthew M. Rankin

 

16


103.

BTR 2012 GST for Thomas P. Rankin

 

104.

BTR 2012 GST for Chloe R. Seelbach

 

105.

BTR 2012 GST for Claiborne R. Rankin, Jr.

 

106.

BTR 2012 GST for Julia R. Kuipers

 

107.

BTR 2012 GST for Anne F. Rankin

 

108.

BTR 2012 GST for Elisabeth M. Rankin

 

109.

The Anne F. Rankin Trust dated August 15, 2012

 

110.

Trust created by the Agreement, dated August 20, 2009 between James T. Rankin, as Trustee, and James T. Rankin, creating a trust for the benefit of James T. Rankin

 

111.

Thomas P.K. Rankin, Trustee of the trust created by agreement, dated February 2, 2011, as supplemented, amended and restated, between Thomas P.K. Rankin, as trustee, and Thomas P.K. Rankin, creating a trust for the benefit of Thomas P.K. Rankin

 

112.

Claiborne R. Rankin Trust for children of Julia R. Kuipers dated December 27, 2013 under Custody Agreement dated December 27, 2013 fbo Evelyn R. Kuipers

 

113.

AMR Associates, LP

 

114.

Claiborne R. Rankin Trust for Children of Claiborne R. Rankin, Jr. dtd 08/26/2016 FBO Claiborne Read Rankin III

 

115.

Claiborne R. Rankin Trust for Children of Julia R. Kuipers dtd 12/27/2013 FBO Matilda Alan Kuipers

 

116.

Claiborne Read Rankin III (by Claiborne R. Rankin, Jr., as Custodian)

 

117.

Matilda Alan Kuipers (by Julia R. Kuipers, as Custodian)

 

118.

Vested Trust for James T. Rankin, Jr. U/A/D December 4, 2015

 

119.

Vested Trust for Margaret Pollard Rankin U/A/D December 4, 2015

 

120.

Evelyn R. Kuipers (by Julia R. Kuipers, as Custodian)

 

121.

James T. Rankin, Jr. (by James T. Rankin, as Custodian)

 

122.

Thomas Wilson Seelbach (by Chloe R. Seelbach, as Custodian)

 

123.

The Trust created under the Agreement, dated January 11, 1965, as supplemented, amended, and restated, between PNC Bank, as Co-Trustee, and Alfred M. Rankin, Jr., as Co-Trustee, for the benefit of the grandchildren

 

124.

Rankin Associates V, L.P.

 

125.

Rankin Associates VI, L.P.

 

17


126.

Elisabeth Marshall Rankin Trust u/a/d December 30, 2015, as amended

 

127.

BTR 2020 GST Trust for Clara R. Williams

 

128.

BTR 2020 GST Trust for Helen R. Butler

 

129.

BTR 2020 GST Trust for Matthew M. Rankin

 

130.

BTR 2020 GST Trust for James T. Rankin

 

131.

BTR 2020 GST Trust for Thomas P.K. Rankin

 

132.

BTR 2020 GST Trust for Chloe R. Seelbach

 

133.

BTR 2020 GST Trust for Claiborne R. Rankin, Jr.

 

134.

BTR 2020 GST Trust for Julia R. Kuipers

 

135.

BTR 2020 GST Trust for Anne F. Rankin

 

136.

BTR 2020 GST Trust for Elisabeth M Rankin

 

137.

CRW 2020 GST Trust for Margo J.V. Williams

 

138.

CRW 2020 GST Trust for Helen C. Williams

 

139.

HRB 2020 GST Trust for Clara R. Butler

 

140.

HRB 2020 GST Trust for Griffin B. Butler

 

141.

JCB 2020 GST Trust for Clara R. Butler

 

142.

JCB 2020 GST Trust for Griffin B. Butler

 

18