0001209191-20-023268.txt : 20200403
0001209191-20-023268.hdr.sgml : 20200403
20200403170722
ACCESSION NUMBER: 0001209191-20-023268
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200316
FILED AS OF DATE: 20200403
DATE AS OF CHANGE: 20200403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BERKSHIRE HATHAWAY INC
CENTRAL INDEX KEY: 0001067983
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07259
FILM NUMBER: 20774451
BUSINESS ADDRESS:
STREET 1: 3555 FARNAM STREET
CITY: OMAHA
STATE: NE
ZIP: 68131
BUSINESS PHONE: 4023461400
MAIL ADDRESS:
STREET 1: 3555 FARNAM STREET
CITY: OMAHA
STATE: NE
ZIP: 68131
FORMER NAME:
FORMER CONFORMED NAME: NBH INC
DATE OF NAME CHANGE: 19980810
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BUFFETT WARREN E
CENTRAL INDEX KEY: 0000315090
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07259
FILM NUMBER: 20774452
BUSINESS ADDRESS:
STREET 1: 3555 FARNAM ST
STREET 2: STE 1440
CITY: OMAHA
STATE: NE
ZIP: 68131
BUSINESS PHONE: 402-346-1400
MAIL ADDRESS:
STREET 1: 3555 FARNAM ST
STREET 2: STE 1440
CITY: OMAHA
STATE: NE
ZIP: 68131
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO
CENTRAL INDEX KEY: 0000092380
STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512]
IRS NUMBER: 741563240
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2702 LOVE FIELD DR
STREET 2: P O BOX 36611
CITY: DALLAS
STATE: TX
ZIP: 75235
BUSINESS PHONE: 2147924000
MAIL ADDRESS:
STREET 1: PO BOX 36611
CITY: DALLAS
STATE: TX
ZIP: 75235-1611
FORMER COMPANY:
FORMER CONFORMED NAME: AIR SOUTHWEST CO
DATE OF NAME CHANGE: 19760108
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-03-16
1
0000092380
SOUTHWEST AIRLINES CO
LUV
0001067983
BERKSHIRE HATHAWAY INC
3555 FARNAM STREET
OMAHA
NE
68131
0
0
1
0
0000315090
BUFFETT WARREN E
3555 FARNAM STREET
OMAHA
NE
68131
0
0
1
0
Common Stock
2020-03-16
4
J
0
6500
0.00
D
53642713
I
See Footnote
Common Stock
2020-04-01
4
S
0
673752
32.1825
D
52968961
I
See Footnote
Common Stock
2020-04-01
4
S
0
323997
33.3633
D
52644964
I
See Footnote
Common Stock
2020-04-01
4
S
0
78518
33.9675
D
52566446
I
See Footnote
Common Stock
2020-04-02
4
S
0
598872
31.3765
D
51967574
I
See Footnote
Common Stock
2020-04-02
4
S
0
632610
32.2385
D
51334964
I
See Footnote
On March 16, 2020, Berkshire Hathaway Inc. ("Berkshire") sold its interest in The Buffalo News, Inc. ("Buffalo"), with Southwest Airlines Co. ("LUV") common stock holdings of 6,500 shares. At the time of the Buffalo transaction, the market value of the shares of LUV common stock held by Buffalo was $243,880, based on the closing per share price of LUV common stock that day. There was no consideration specifically allocated to the LUV common stock holdings in connection with the Buffalo transaction.
The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company
(43,341,495), Government Employees Insurance Company (1,034,747), Medical Protective Company (8,722), Berkshire Hathaway Consolidated Pension Plan Master Retirement Trust (6,700,000) and Precision CastParts Corp Master Trust (250,000). As Berkshire is in the chain of ownership of each of these
subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned
by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but
only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.815 to
$32.81. The Reporting Persons undertake to provide Southwest Airlines Co., any security holder of Southwest Airlines Co., or the staff of the
Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the
range set forth in footnote 3 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.845 to $33.81. The Reporting Persons undertake to provide Southwest Airlines Co., any security holder of Southwest Airlines Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 4 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.815 to $34.18. The Reporting Persons undertake to provide Southwest Airlines Co., any security holder of Southwest Airlines Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 5 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.865 to $31.86. The Reporting Persons undertake to provide Southwest Airlines Co., any security holder of Southwest Airlines Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 6 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.865 to $32.84. The Reporting Persons undertake to provide Southwest Airlines Co., any security holder of Southwest Airlines Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 7 to this Form 4.
/s/ Warren E. Buffett (on behalf of himself and each other reporting person hereunder)
2020-04-03