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