SC 13G Amendment No. 26

0001193125-17-029282.txt : 20170202 0001193125-17-029282.hdr.sgml : 20170202 20170202170032 ACCESSION NUMBER: 0001193125-17-029282 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170202 DATE AS OF CHANGE: 20170202 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VALSPAR CORP CENTRAL INDEX KEY: 0000102741 STANDARD INDUSTRIAL CLASSIFICATION: PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851] IRS NUMBER: 362443580 STATE OF INCORPORATION: DE FISCAL YEAR END: 1030 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10689 FILM NUMBER: 17569096 BUSINESS ADDRESS: STREET 1: 1101 SOUTH 3RD STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55415 BUSINESS PHONE: 612-851-7000 MAIL ADDRESS: STREET 1: P.O. BOX 1461 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WURTELE C ANGUS CENTRAL INDEX KEY: 0000908524 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O BEMIS CO INC STREET 2: 222 S. 9TH ST. #2300 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 SC 13G/A 1 d312404dsc13ga.htm SC 13G AMENDMENT NO. 26 SC 13G Amendment No. 26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. 26)*

The Valspar Corporation

(Name of Issuer)

Common Stock, $0.50 Par Value

(Title of Class of Securities)

920355104

(CUSIP Number)

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in 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 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).


CUSIP No. 920355104		13G


1	NAME OF REPORTING PERSONS C. Angus Wurtele
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER 0
		6	SHARED VOTING POWER 38,400 *
		7	SOLE DISPOSITIVE POWER 0
		8	SHARED DISPOSITIVE POWER 38,400 *
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 38,400 *
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% *
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN

*	See Item 4.


CUSIP No. 920355104		13G


Item 1.
	(a)	Name of Issuer:
		The Valspar Corporation
	(b)	Address of Issuer’s Principal Executive Offices:
		1101 S. Third Street Minneapolis, MN 55415
Item 2.

	(a)	Name of Person Filing: See Cover Page Item 1
	(b)	Address of Principal Business Office or, if none, Residence:
		4900 IDS Center
		80 So. 8^th Street
		Minneapolis, MN 55402
	(c)	Citizenship: See Cover Page Item 4
	(d)	Title of Class of Securities: Common Stock
	(e)	CUSIP Number: See Cover Page
Item 3.	If this statement is filed pursuant to §240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
	Not applicable
Item 4.	Ownership.

	(a)	Amount beneficially owned: As of December 31, 2016, Mr. Wurtele may be deemed to be the beneficial owner of a total of 38,400 shares of common stock, $0.50 par value per share, of the Issuer (the “Common Stock”). All of these shares are beneficially owned by Mr. Wurtele’s wife, Margaret V.B. Wurtele. Mr. Wurtele disclaims beneficial ownership of all of the 38,400 shares of Common Stock owned by Ms. Wurtele. The amount beneficially owned by Mr. Wurtele does not include any of the 4,855,500 shares of Common Stock held by the C. Angus Wurtele and Margaret V.B. Wurtele Charitable Remainder Trust dated May 17, 2016. Neither Mr. Wurtele nor Ms. Wurtele is the trustee of such trust. Neither Mr. Wurtele nor Ms. Wurtele has any voting or dispositive power over the shares of Common Stock held by such trust.
	(b)	Percent of class: As of December 31, 2016, Mr. Wurtele may be deemed to be the beneficial owner of 0% of the shares of Common Stock outstanding. This percentage was calculated based on 79,422,893 shares of Common Stock as of December 13, 2016, as reported by the Issuer.


	(c)	Number of shares as to which the person has:

		(i) Sole power to vote or to direct the vote: See Cover Page Item 5
		(ii) Shared power to vote or to direct the vote: See Cover Page Item 6
		(iii) Sole power to dispose or to direct the disposition of: See Cover Page Item 7
		(iv) Shared power to dispose or to direct the disposition of: See Cover Page Item 8

Item 5.	Ownership of Five Percent or Less of a Class:

	The reporting person owns less than 5%.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person:

	Not applicable

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

	Not applicable

Item 8.	Identification and Classification of Members of the Group:

	Not applicable

Item 9.	Notice of Dissolution of Group:

	Not applicable

Item 10.	Certifications:

	Not applicable

SIGNATURE

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

February 1, 2017

Date

/s/ C. Angus Wurtele

C. Angus Wurtele