SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 4)
Weis Markets, Inc.
---------------------------------------
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
---------------------------------------
(Title of Class of Securities)
948849-104
---------------------------------------
(CUSIP Number)
Edward D. Herlihy, Esq.
Wachtell, Lipton, Rosen & Katz
51 West 52nd Street
New York, New York 10019
---------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 23, 1999
---------------------------------------
(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 Section 240.13d-1(e), Section 240.13d-1(f) or Section
240.13d-1(g), check the following box: [X]+
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 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 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 ("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).
+ Each of Michael M. Apfelbaum and Sidney Apfelbaum have previously filed a
statement on Schedule 13G made pursuant to Rule 13d-1(c).
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 2 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Weis Family Holdings, L.P.
I.R.S. I.D. No. 51-0390495
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
8,087,773
---------------------------------------------------
8 SHARED VOTING POWER
0
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
8,087,773
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 3 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Weis Family Holdings, L.L.C.
I.R.S. I.D. No. 51-0390495
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
8,087,773
---------------------------------------------------
8 SHARED VOTING POWER
0
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
8,087,773
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 4 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Janet C. Weis
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
8,132,411
---------------------------------------------------
8 SHARED VOTING POWER
0
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
8,132,411
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 5 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael M. Apfelbaum
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
27,064
---------------------------------------------------
8 SHARED VOTING POWER
3,781,945
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
3,088
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,781,945
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 6 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sidney Apfelbaum
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
2,409,313
---------------------------------------------------
8 SHARED VOTING POWER
165,614
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
2,409,313
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
189,590
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 7 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Susan Weis Mindel
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
724,085
---------------------------------------------------
8 SHARED VOTING POWER
2,766,131
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
724,085
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,766,131
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 8 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joel S. Mindel
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
12,150
---------------------------------------------------
8 SHARED VOTING POWER
0
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
12,150
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 9 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nancy Weis Wender
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
727,528
---------------------------------------------------
8 SHARED VOTING POWER
2,653,935
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
727,528
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,653,935
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 10 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ellen Weis Goldstein
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
737,444
---------------------------------------------------
8 SHARED VOTING POWER
2,736,317
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
737,444
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,736,317
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 11 of 15
-----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joseph I. Goldstein
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5,542
---------------------------------------------------
8 SHARED VOTING POWER
4,555
---------------------------------------------------
9 SOLE DISPOSITIVE POWER
5,542
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,555
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,090,626 shares of Common Stock*
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41%*
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------------
* Together with the other Reporting Persons.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 12 of 15
AMENDMENT NO. 4 TO
STATEMENT ON SCHEDULE 13D
Reference is made to the Statement on Schedule 13D (the "Schedule 13D")
filed on May 28, 1999 by Janet C. Weis ("Janet Weis"), Weis Family Holdings,
L.P. ("WFHLP") and Weis Family Holdings, L.L.C. ("WFHLLC"), the Statement on
Schedule 13G filed on December 28, 1998 by Michael M. Apfelbaum ("Michael
Apfelbaum"), as amended, and the Statement on Schedule 13G filed on December 18,
1998 by Sidney Apfelbaum, as amended, with respect to their beneficial ownership
of the common stock, no par value ("Common Stock"), of Weis Markets, Inc., a
Pennsylvania corporation (the "Issuer"), each as amended by Amendment No. 1 to
Schedule 13D filed November 30, 1999 ("Amendment No. 1"), Amendment No. 2 to
Schedule 13D filed December 2, 1999 and Amendment No. 3 to Schedule 13D filed
December 8, 1999. This Amendment No. 4 to Schedule 13D amends the Schedule 13D
as follows. Capitalized terms used without definition in this Amendment No. 4 to
the Schedule 13D shall have the meanings set forth in Amendment No. 1.
Item 4. Purpose of Transaction.
Item 4 is hereby amended and supplemented by adding the following:
On December 22, 1999 the Issuer issued a press release stating that the
Issuer's Board of Directors had adopted resolutions determining that it is in
the best interests of the Issuer to undertake a comprehensive review of all the
strategic alternatives available to enhance shareholder value, including
possible merger transactions. To that end, the Issuer indicated that it had
hired Morgan Stanley Dean Witter ("MSDW") to explore such options and had
instructed MSDW and the Issuer's counsel to afford Salomon Smith Barney, the
financial advisors to the Reporting Persons, and counsel to the Reporting
Persons, with full access to information concerning the process and an
opportunity to fully consult with MSDW in connection therewith. A copy of this
press release is attached as Exhibit 99.8 hereto.
In light of the adoption of these resolutions, the Reporting Persons have
agreed to withdraw their request for a special meeting of the Issuer's
shareholders on the understanding that the Issuer's Board will fully explore all
options available to the Issuer in an effort to best serve the interests of its
shareholders, employees and the communities in which it operates. The Reporting
Persons continue to believe that the composition of the Issuer's Board of
Directors should be representative of the Issuer's entire shareholder base,
including all principal shareholders, and intend to continue to discuss with the
Board the need to provide for appropriate representation of all shareholder
interests on the Board in the context of the Issuer's upcoming annual meeting of
shareholders. The Reporting Persons are hopeful that this issue can be resolved
in a consensual manner in advance of the annual meeting. The Reporting Persons
also intend to seek reimbursement of their expenses from the Issuer in
connection with any sale or other strategic combination or recapitalization
transaction that may be consummated as a result of the foregoing process,
although they have received no assurances from the Issuer that such
reimbursement will be provided and the actions discussed above have not been
conditioned upon the receipt of such reimbursement.
Item 7. Material to be Filed as Exhibits.
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 13 of 15
Item 7 is hereby amended and supplemented by adding the following:
Exhibit 99.8 Press Release, dated December 22, 1999
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 14 of 15
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: December 23, 1999
WEIS FAMILY HOLDINGS, L.P.,
By: WEIS FAMILY HOLDINGS, L.L.C.,
its General Partner
By: *
--------------------------
Name: Janet C. Weis
Title: Manager
WEIS FAMILY HOLDINGS, L.L.C.,
By: *
--------------------------------
Name: Janet C. Weis
Title: Manager
*
-----------------------------------------
JANET C. WEIS
*
-----------------------------------------
MICHAEL M. APFELBAUM
*
-----------------------------------------
SIDNEY APFELBAUM
/s/ Susan Weis Mindel
------------------------------------------
SUSAN WEIS MINDEL
*
------------------------------------------
JOEL MINDEL
*
------------------------------------------
NANCY WEIS WENDER
<PAGE>
CUSIP NO. 948849-104 Schedule 13D/A Page 15 of 15
*
------------------------------------------
ELLEN WEIS GOLDSTEIN
*
------------------------------------------
JOSEPH I. GOLDSTEIN
* By: /s/ Susan Weis Mindel
------------------------------
SUSAN WEIS MINDEL
Attorney-in-fact
WEIS MARKETS ADOPTS CONSENSUAL PROCESS
TO EXPLORE ALL OPTIONS FOR ENHANCED SHAREHOLDER VALUE
SHAREHOLDER GROUP WITHDRAWS REQUEST FOR SPECIAL MEETING
Sunbury, PA., December 22, 1999 - Weis Markets (NYSE: WMK) today
announced that it had authorized its financial advisor, Morgan Stanley Dean
Witter, to explore all options by which the Company could enhance shareholder
value. In response, the Weis Markets Shareholders Committee, which had
previously requested a special meeting of shareholders, announced that it had
withdrawn its request.
Robert Weis, Chairman of the Board and Treasurer of the Company,
stated: "The Board of Directors has previously stated that the Company is not
for sale. However, in an effort to avoid the continuing disruption to our
Company of a proxy contest and the inevitable attendant litigation, we have
agreed to include this alternative and a recapitalization within the range of
options that we have asked Morgan Stanley to explore. We have initiated a
process that will allow the full board of Weis Markets to determine what is in
our collective best interest with full information concerning our financial and
strategic alternatives. At the same time, we are committed to a process that
will serve the best interests of Weis Markets and all its shareholders and that
will protect the interest of our loyal employees, our suppliers and customers,
and the communities in which our Company operates."
Janet Weis and Sidney Apfelbaum stated: "We are pleased that we can
proceed forward on a consensual basis and, accordingly, we have withdrawn our
request for a special meeting of shareholders, based on the understanding that
there will be a full review of all options available to the Company to best
serve the interest of its various shareholder, employee and community
constituencies. We and our financial advisors, Salomon Smith Barney, look
forward to participating constructively in this process."
