-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JHB9w2bqlRHfnMkt8PYJR11R+JcfAIfHrGJsO/b1gkKFCh6gJwYb95AdUhZco7SQ 4MN9oPOfvXnAb4KzSXikNg== 0000905729-97-000096.txt : 19970623 0000905729-97-000096.hdr.sgml : 19970623 ACCESSION NUMBER: 0000905729-97-000096 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970620 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SPARTAN STORES INC CENTRAL INDEX KEY: 0000877422 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & GENERAL LINE [5141] IRS NUMBER: 380593940 STATE OF INCORPORATION: MI FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 033-41791 FILM NUMBER: 97627522 BUSINESS ADDRESS: STREET 1: 850 76TH ST SW STREET 2: P O BOX 8700 CITY: GRAND RAPIDS STATE: MI ZIP: 49518 BUSINESS PHONE: 6168782000 MAIL ADDRESS: STREET 1: 850 76TH ST SW STREET 2: PO BOX 8700 CITY: GRAND RAPIDS STATE: MI ZIP: 49518 424B3 1 Supplement dated June 20, 1997 filed pursuant to Rule 424(b)(3) (to Prospectus dated July 28, 1996) File No. 33-94496 SPARTAN STORES, INC. 350,000 CLASS A COMMON STOCK $20 PAR VALUE SUPPLEMENT TO PROSPECTUS DATED JULY 28, 1996 The Board of Directors of Spartan Stores, Inc. has established the Trading Value for each Class A Share to be One Hundred Thirteen Dollars ($113) per share. The new Trading Value will be effective as of June 22, 1997. In determining the Trading Value, the Board considered general market and economic factors and the Company's unaudited financial condition as of the end of its fiscal year and unaudited results of operations for the fiscal year. The Company's net sales for the year were $2.475 billion and the Company had net earnings of approximately $9.7 million, or $7.99 per share, compared to net sales of $2.555 billion and a net loss of approximately $21.7 million for the prior fiscal year, or $17.42 per share. In addition, book value per share increased from approximately $82.33 at March 30, 1996, to approximately $89.14 at March 29, 1997. On May 28, 1997, the Board of Directors authorized a ten-for-one stock split pursuant to a share dividend payable to shareholders of record of Class A Shares on May 31, 1997, pending shareholder approval of an amendment to Article III of the Company's Restated Articles of Incorporation to increase the Company's authorized capital stock from Two Million (2,000,000) Class A Shares to Twenty Million (20,000,000) Class A Shares and from Five Hundred Thousand (500,000) Class B Shares to Five Million (5,000,000) Class B Shares (the "Amendment"). The Amendment also would decrease the par value of the Class A Shares from $20 per share to $2 per share. As amended, the first sentence of Article III would read as follows: The total authorized capital stock of the corporation is Twenty Million (20,000,000) shares of Class A common stock with the par value of $2 per share and Five Million (5,000,000) shares of Class B common stock. If the Company's shareholders approve the Amendment at the Annual Meeting of Shareholders to be held on July 15, 1997, the Company will effect the stock split by paying a dividend of nine Class A Shares for each Class A Share held of record on May 31, 1997. The payment date for the share dividend will be as soon as reasonably practicable following the shareholders' approval of the Amendment and the effective date of the filing of the Certificate of Amendment with the Michigan Department of Consumer and Industry Services, Corporation, Securities and Land Development Bureau. As a result of the stock split, the Trading Value of Class A Shares would become $11.30 per share. -----END PRIVACY-ENHANCED MESSAGE-----