SC 13G/A 1 d926487dsc13ga.htm SC 13G/A SC 13G/A

 

 

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. 4)

 

 

SOUTHWEST AIRLINES CO.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

844741108

(CUSIP Number)

April 21, 2020

(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 disclosures provided in a prior cover page.

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 (the “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.)

 

 

 


CUSIP No. 844741108    13G    Page  2 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  Warren E. Buffett

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States Citizen

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not Applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  IN


CUSIP No. 844741108    13G    Page  3 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  Berkshire Hathaway Inc.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  HC, CO


CUSIP No. 844741108    13G    Page  4 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  National Indemnity Company

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Nebraska

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 844741108    13G    Page  5 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  GEICO Corporation

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  HC, CO


CUSIP No. 844741108    13G    Page  6 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  Government Employees Insurance Company

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Maryland

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 844741108    13G    Page  7 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  MedPro Group, Inc.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Indiana

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  HC, CO


CUSIP No. 844741108    13G    Page  8 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  Berkshire Hathaway Consolidated Pension Plan Master Retirement Trust

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  EP


CUSIP No. 844741108    13G    Page  9 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  Precision Castparts Corp. Master Trust

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Oregon

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  EP


CUSIP No. 844741108    13G    Page  10 of 17 Pages

 

  1      

  NAME OF REPORTING PERSON

 

  Medical Protective Company

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  State of Indiana

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5       

  SOLE VOTING POWER

 

  NONE

  6       

  SHARED VOTING POWER

 

  0 shares of Common Stock

  7       

  SOLE DISPOSITIVE POWER

 

  NONE

  8       

  SHARED DISPOSITIVE POWER

 

  0 shares of Common Stock

  9      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of Common Stock

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

  Not applicable.

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0%

12    

  TYPE OF REPORTING PERSON

 

  IC, CO


CUSIP No. 844741108    13G    Page  11 of 17 Pages

 

Item 1.

 

  (a)

Name of Issuer

Southwest Airlines Co.

 

  (b)

Address of Issuer’s Principal Executive Offices

P.O. Box 36611, Dallas, TX 75235

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office:

Item 2(c). Citizenship:

 

Warren E. Buffett

3555 Farnam Street

Omaha, Nebraska 68131

United States Citizen

  

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware corporation

National Indemnity Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

  

Berkshire Hathaway Consolidated Pension Plan Master Retirement Trust

c/o Berkshire Hathaway Inc

3555 Farnam Street

Omaha, NE 68131

Delaware corporation

Medical Protective Company

5814 Reed Road

Fort Wayne, IN 46835

Indiana corporation

  

GEICO Corporation

One GEICO Plaza

Washington DC 20076

Delaware Corporation

Precision Castparts Corp. Master Trust

c/o Precision Castparts Corp.

4650 SW Macadam Ave

Portland, OR 97239

Oregon Corporation

  

Government Employees Insurance Company

One GEICO Plaza

Washington, DC 20076

Maryland Corporation

MedPro Group, Inc.

5814 Reed Road

Fort Wayne, IN 46835

Indiana Corporation

  


CUSIP No. 844741108    13G    Page  12 of 17 Pages

 

  (d)

Title of Class of Securities

Common Stock

 

  (e)

CUSIP Number

844741108

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:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc., GEICO Corporation and MedPro Group, Inc. are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, Government Employees Insurance Company and Medical Protective Company are each an Insurance Company as defined in section 3(a)(19) of the Act.

Berkshire Hathaway Consolidated Pension Plan Master Retirement Trust and Precision Castparts Corp. Master Trust are each an Employee Benefit Plan in accordance with §240.13d-1(b)(1)(ii)(F).

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a)

Amount beneficially Owned

See the Cover Pages for each of the Reporting Persons.

 

  (b)

Percent of Class

See the Cover Pages for each of the Reporting Persons.

 

  (c)

Number of shares as to which such person has:

 

  (i)

sole power to vote or to direct the vote

 

  (ii)

shared power to vote or to direct the vote


CUSIP No. 844741108    13G    Page  13 of 17 Pages

 

  (iii)

sole power to dispose or to direct the disposition of

 

  (iv)

shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons.

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

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☑.

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.

See Exhibit A.

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

See Exhibit A.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


CUSIP No. 844741108    13G    Page  14 of 17 Pages

 

SIGNATURES

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.

Dated this 7th day of May, 2020

 

/s/ Warren E. Buffett

Warren E. Buffett

 

BERKSHIRE HATHAWAY INC.
By:  

/s/ Warren E. Buffett

  Warren E. Buffett
  Chairman of the Board

NATIONAL INDEMNITY COMPANY,

GEICO CORPORATION, GOVERNMENT

EMPLOYEES INSURANCE COMPANY,

MEDPRO GROUP, INC., MEDICAL

PROTECTIVE COMPANY, BERKSHIRE

HATHAWAY CONSOLIDATED PENSION

PLAN MASTER RETIREMENT TRUST,

AND PRECISION CASTPARTS CORP.

MASTER TRUST

 

By  

/s/ Warren E. Buffett

 

Warren E. Buffett

Attorney-in-Fact


CUSIP No. 844741108    13G    Page  15 of 17 Pages

 

SCHEDULE 13G

EXHIBIT A

RELEVANT SUBSIDIARIES AND MEMBERS OF FILING GROUP

PARENT HOLDING COMPANIES OR CONTROL PERSONS:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.)

Berkshire Hathaway Inc.

GEICO Corporation

MedPro Group, Inc.

INSURANCE COMPANIES AS DEFINED IN SECTION 3(a)(19) OF THE ACT:

National Indemnity Company

Medical Protective Company

Government Employees Insurance Company

EMPLOYEE BENEFIT PLANS IN ACCORDANCE WITH § 240.13d-1-(b)(1)(ii)(F)

Berkshire Hathaway Consolidated Pension Plan Master Retirement Trust

Precision Castparts Corp. Master Trust


CUSIP No. 844741108    13G    Page  16 of 17 Pages

 

SCHEDULE 13G

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

The undersigned persons hereby agree that reports on Schedule 13G, and amendments thereto, with respect to the Common Stock of Southwest Airlines Co. may be filed in a single statement on behalf of each of such persons, and further, each of such persons designates Warren E. Buffett as its agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G filings required to be made by it with the Securities and Exchange Commission.

 

Dated: May 7, 2020                              

/S/ Warren E. Buffett

     Warren E. Buffett
     Berkshire Hathaway Inc.
Dated: May 7, 2020     

/S/ Warren E. Buffett

    

By: Warren E. Buffett

Title: Chairman of the Board

     National Indemnity Company
Dated: May 7, 2020     

/S/ Marc D. Hamburg

    

By: Marc D. Hamburg

Title: Chairman of the Board

     Medical Protective Company
Dated: May 7, 2020     

/S/ Anthony Bowser

    

By: Anthony Bowser

Title: Chief Financial Officer

     Berkshire Hathaway Consolidated Pension Plan Master Retirement Trust
Dated: May 7, 2020     

/S/ Mark D. Millard

    

By: Mark D. Millard

Title: Vice president, Berkshire Hathaway Inc.

     GEICO Corporation
Dated: May 7, 2020     

/S/ Todd A. Combs

    

By: Todd A. Combs

Title: President, GEICO Corporation

     Precision Castparts Corp. Master Trust
Dated: May 7, 2020     

/S/ Shawn Hagel

    

By: Shawn Hagel

Title: Executive Vice President, Precision Castparts Corp.


CUSIP No. 844741108    13G    Page  17 of 17 Pages

 

                              MedPro Group, Inc.
Dated: May 7, 2020     

/S/ Anthony Bowser

    

By: Anthony Bowser

Title: Chief Financial Officer

     Government Employees Insurance Company
Dated: May 7, 2020     

/S/ Todd A. Combs

    

By: Todd A. Combs

Title: President, Government Employees Insurance Company