UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Berkshire Hathaway Inc.
(Name of Issuer)
Class B common stock, $0.0033 Par Value
(Title of Class of Securities)
084670702
(CUSIP Number)
Matthew S. Topham, Esq. Seattle, Washington 98104 (206) 623-7580 |
Laurie Smiley, Esq. Arian Colachis, Esq. 2365 Carillon Point Kirkland, WA 98033 (425) 889-7900 |
(Name, Address and
Telephone Number of Persons Authorized to
Receive Notices and Communications)
March 1, 2010
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons 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 (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. 084670702 |
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1. |
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons (entities
only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(b) |
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3. |
SEC Use Only |
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4. |
Source
of Funds (See Instructions) |
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5. |
Check if Disclosure of
Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |
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6. |
Citizenship
or Place of Organization |
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Number
of |
7. |
Sole Voting Power 6,075,000(1) |
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8. |
Shared
Voting Power |
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9. |
Sole Dispositive Power 6,075,000(1) |
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10. |
Shared
Dispositive Power |
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11. |
Aggregate Amount Beneficially Owned by Each Reporting Person 6,075,000(1) |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent
of Class Represented by Amount in Row (11) |
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14. |
Type
of Reporting Person (See Instructions) |
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(1)Cascade Investment, L.L.C. (Cascade) beneficially owns 4,050 shares of Berkshire Hathaway Inc. (the Issuer) Class A common stock (Class A Shares). All Class A Shares held by Cascade may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade. Each Class A Share is convertible, at the option of the holder, into fifteen hundred shares of the Issuers Class B common stock (Class B Shares). The number of Class B Shares shown above assumes the conversion of the 4,050 Class A Shares beneficially owned by Cascade into 6,075,000 Class B Shares.
CUSIP No. 084670702 |
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1. |
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons (entities
only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
o |
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(b) |
ý |
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3. |
SEC Use Only |
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4. |
Source
of Funds (See Instructions) |
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5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |
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6. |
Citizenship
or Place of Organization |
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Number
of |
7. |
Sole Voting Power 6,525,000(1) |
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8. |
Shared
Voting Power |
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9. |
Sole Dispositive Power 6,525,000(1) |
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10. |
Shared
Dispositive Power |
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11. |
Aggregate Amount Beneficially Owned by Each Reporting Person 83,778,900(1) (2) |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent of Class Represented by Amount in Row (11) 10.2% |
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14. |
Type
of Reporting Person (See Instructions) |
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(1)William H. Gates III beneficially owns 300 shares of Berkshire Hathaway Inc. (the Issuer) Class A common stock (Class A Shares) directly and an additional 4,050 Class A Shares through Cascade Investment, L.L.C. (Cascade), a limited liability company solely owned by Mr. Gates. Each Class A Share is convertible, at the option of the holder, into fifteen hundred shares of the Issuers Class B common stock (Class B Shares). The number of Class B Shares shown above assumes the conversion of the 300 Class A Shares held directly by Mr. Gates into 450,000 Class B Shares and the conversion of the 4,050 Class A Shares held by Cascade into 6,075,000 Class B Shares.
(2)Bill & Melinda Gates Foundation Trust (the Trust) beneficially owns 77,253,900 shares of the Issuers Class B Shares. For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all Class B Shares beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates, as Co-Trustees of the Trust.
CUSIP No. 084670702 |
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1. |
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons (entities
only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
o |
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(b) |
ý |
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3. |
SEC Use Only |
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4. |
Source
of Funds (See Instructions) |
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5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |
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6. |
Citizenship
or Place of Organization |
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Number
of |
7. |
Sole
Voting Power |
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8. |
Shared Voting Power 77,253,900(1) |
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9. |
Sole
Dispositive Power |
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10. |
Shared
Dispositive Power |
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11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent
of Class Represented by Amount in Row (11) |
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14. |
Type
of Reporting Person (See Instructions) |
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(1)For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all Class B common stock beneficially owned by Bill & Melinda Gates Foundation Trust (the Trust) may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates, as Co-Trustees of the Trust.
CUSIP No. 084670702 |
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1. |
Names
of Reporting Persons. I.R.S. Identification Nos. of above persons (entities
only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
o |
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(b) |
ý |
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3. |
SEC Use Only |
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4. |
Source
of Funds (See Instructions) |
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5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |
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6. |
Citizenship
or Place of Organization |
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Number
of |
7. |
Sole
Voting Power |
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8. |
Shared Voting Power 77,253,900 (1) |
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9. |
Sole
Dispositive Power |
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10. |
Shared
Dispositive Power |
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11. |
Aggregate Amount Beneficially Owned by Each Reporting Person 77,253,900 (1) |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent
of Class Represented by Amount in Row (11) |
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14. |
Type
of Reporting Person (See Instructions) |
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(1)Bill & Melinda Gates Foundation Trust (the Trust) beneficially owns 77,253,900 shares of Berkshire Hathaway Inc. Class B common stock (Class B Shares). For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all Class B Shares beneficially owned by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates, as Co-Trustees of the Trust.
EXPLANATORY STATEMENT
This Amendment No. 6 to Schedule 13D (Amendment) relates to the Class B common stock, $0.0033 Par Value (Class B Shares) of Berkshire Hathaway Inc. (the Issuer). This Amendment is being filed jointly by Cascade Investment, L.L.C. (Cascade), Bill & Melinda Gates Foundation Trust (the Trust), William H. Gates III and Melinda French Gates (collectively, the Reporting Persons) to amend and supplement the Items set forth below of the Reporting Persons Schedule 13D previously filed with the Securities and Exchange Commission on August 24, 2006, as amended on July 17, 2007, March 20, 2008, July 3, 2008, March 6, 2009 and July 2, 2009. Neither the present filing nor anything contained herein shall be construed as an admission that the Reporting Persons constitute a group for any purpose and the Reporting Persons expressly disclaim membership in a group.
Item 5. Interest in Securities of the Issuer
(a) See items 11 and 13 of the cover pages to this Schedule 13D for the aggregate number and percentage of Class B Shares beneficially owned by each of the Reporting Persons.
(b) See items 7 through 10 of the cover pages to this Schedule 13D for the number of Class B Shares beneficially owned by each of the Reporting Persons as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, and sole or shared power to dispose or to direct the disposition.
(c) During the past sixty days, the Trust sold 1,187,830 Class B Shares, as set forth in Exhibit 99.1 hereto, pursuant to the Trusts Rule 10b5-1(c)(1) sales plan, 11,330 of which were sold prior to the 50-for-1 split of the Class B Shares effective January 21, 2010. The sales were made to facilitate compliance with federal excise tax rules limiting excess business holdings by private foundations.
(d) None.
(e) Not applicable.
Item 7. Material to be Filed as Exhibits
Exhibit 99.1 Transactions during the past sixty days
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.
Date: March 2, 2010 |
CASCADE INVESTMENT, L.L.C.(1) |
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Name: |
Alan Heuberger(2) |
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Title: |
Attorney-in-fact for Michael Larson, |
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Business Manager |
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BILL & MELINDA GATES FOUNDATION |
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By: |
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Name: |
Alan Heuberger (3) |
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Title: |
Attorney-in-fact for each of the Co- |
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WILLIAM H. GATES III(1) |
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By: |
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Name: |
Alan Heuberger(3)(4) |
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Title: |
Attorney-in-fact |
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MELINDA FRENCH GATES(1) |
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By: |
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Name: |
Alan Heuberger (3) |
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Title: |
Attorney-in-fact |
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*By: |
/s/Alan Heuberger |
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Alan Heuberger |
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(1)This Amendment is being filed jointly by the Reporting Persons pursuant to the Joint Filing Agreement dated August 24, 2006 and included with the signature page to the Reporting Persons Schedule 13D with respect to the Issuer filed on August 24, 2006, SEC File No. 005-55113, and incorporated by reference herein.
(2)Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of Michael Larson, and attached as Exhibit 99.1 to Amendment No. 1 to Cascades Schedule 13D with respect to Otter Tail Corporation filed on April 15, 2009, SEC File No. 005-06638 and incorporated by reference herein.
(3)Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III and Melinda French Gates as Co-Trustees, and attached as Exhibit 99.5 to Cascades Schedule 13D with respect to Grupo Televisa, S.A.B. filed on May 7, 2009, SEC File No. 005-60431 and incorporated by reference herein.
(4)Duly authorized under Special Limited Power of Attorney appointing Alan Heuberger attorney-in-fact, dated August 12, 2008, by and on behalf of William H. Gates III, and attached as Exhibit 99.2 to Amendment No. 1 to Cascades Schedule 13D with respect to Otter Tail Corporation filed on April 15, 2009, SEC File No. 005-06638 and incorporated by reference herein.