UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BERKSHIRE HATHAWAY INC 3555 FARNAM STREET OMAHA, NE 68131 |
 |  X |  |  |
BUFFETT WARREN E 3555 FARNAM STREET OMAHA, NE 68131 |
 |  X |  |  |
/s/ Warren E. Buffett, on behalf of himself and each other reporting person hereunder | 03/28/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These securities are owned directly by Warren E. Buffett, who is a reporting person hereunder. |
(2) | 500,000,000 of the total reported securities are owned directly by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AmGUARD Insurance Company (229,500), Atlanta International Insurance Company (57,000), Berkshire Hathaway Assurance Corporation (3,033,500), Berkshire Hathaway Direct Insurance Company (320,000), Berkshire Hathaway Homestate Insurance Company (16,450,000), Berkshire Hathaway Life Insurance Company of Nebraska (5,250,000), Berkshire Hathaway Specialty Insurance Company (15,146,100), BH Finance LLC (6,812,857), Brilliant National Services, Inc. (194,000), California Insurance Company (575,000), Central States Indemnity Co. of Omaha (1,485,000), Columbia Insurance Company (74,533,819), Commercial Casualty Insurance Company (190,000), Continental Indemnity Company (126,000), Cypress Insurance Company (820,000), EastGUARD Insurance Company (97,000), Finial Reinsurance Company (945,000), First Berkshire Life Insurance Company (53,500), |
(3) | Continued from footnote 2: Government Employees Insurance Company (26,646,700), GEICO Advantage Insurance Company (350,000), GEICO Casualty Insurance Company (1,776,000), GEICO Choice Insurance Company (350,000), GEICO Indemnity Company (6,596,500), GEICO Secure Insurance Company (350,000), General Re Life Corporation (2,165,000), General Reinsurance Corporation (20,715,200), General Star Indemnity Company (1,432,000), General Star National Insurance Company (113,000), Genesis Insurance Company (170,000), The Medical Protective Company (9,272,000), Mount Vernon Fire Insurance Company (1,722,600), National Fire & Marine Insurance Company (55,776,330), National Indemnity Company (231,993,734), National Liability & Fire Insurance Company (2,788,000), Nebraska Furniture Mart, Inc. (1,609,720), National Indemnity Company of Mid America (404,000), National Indemnity Company of the South (460,000), NorGUARD Insurance Company (485,000), |
(4) | Continued from footnote 3: Oak River Insurance Company (383,000), Old United Casualty Company (778,000), Precision Steel Warehouse, Inc. (800,000), Princeton Insurance Company (995,000), Radnor Specialty Insurance Company (48,000), Redwood Fire and Casualty Insurance Company (1,475,940), Seaworthy Insurance Company (186,000), The Fechheimer Brothers Company (1,700,000), Unione Italiana Insurance Company (215,000), United States Liability Insurance Company (1,030,000), U.S. Underwriters Insurance Company (275,000), and WestGUARD Insurance Company (620,000). In order to avoid double counting, shares of Common Stock reported as being owned by each of these subsidiaries only reflect shares that are owned directly by such subsidiary, and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported in this Form 3. |
(5) | Continued from footnote 4: As Berkshire is in the chain of ownership of each subsidiary listed above, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently directly owned by such 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 of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
(6) | 4,299,470 of the total reported securities are owned directly by the following pension plans of Berkshire's subsidiaries: Benjamin Moore Pension Trust (598,940), The Buffalo News Office Pension Plan (82,300), The Buffalo News Editorial Pension Plan (130,050), The Buffalo News Mechanical Pension Plan (30,955), The Buffalo News Drivers/Distributors Pension Plan (8,800), Dexter Pension Plan (89,500), FlightSafety International Inc. Retirement Income Plan (192,500), Fruit of the Loom Pension Trust (353,100), GEICO Corporation Pension Plan Trust (1,163,500), Johns Manville Corporation Master Pension Trust (1,148,950), Justin Brands Inc. Union Pension Plan & Justin Brands Inc. Pension Plan & Trust (95,200), Acme Brick Company Pension Trust (189,475), and Scott Fetzer Company Collective Investment Trust (216,200). Each of Berkshire, Mr. Buffett and these pension plans disclaim beneficial ownership in such shares. |
 Remarks: The beneficial ownership of the shares of Common Stock reported herein exceeds 10% as a result of the issuer's repurchases of its own securities, based on the issuer's most recently announced number of shares of Common Stock outstanding. |