U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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(f)
of the Investment Company Act of 1940
[_] Check box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HC Investments, Inc.
1105 North Market Street
Suite 1300
Wilmington, Delaware 19899
2. Issuer Name and Ticker or Trading Symbol
The Clorox Company (CLX)
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
51-0318575
4. Statement for Month/Year
December/1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner (see attached statement)
[_] Officer (give title [_] Other (specify below)
below)
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by One Reporting Person
[_] Form filed by More than One Reporting Person
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v). Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
<PAGE>
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
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1. Title of 2. Transaction 3. Transaction 4. Securities Acquired (A) or 5. Amount of 6. Ownership Form 7. Nature of
Security Date Code (Instr. Disposed of (D) Securities Direct (D) or Indirect
(Instr. 3) (Month/Day/ 8) (Instr. 3, 4 and 5) Beneficially Indirect (I) Beneficial
Year) Owned at End (Instr. 4) Ownership
of Month (Instr. 4)
(Instr. 3
and 4)
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Code V Amount (A) or (D) Price
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $1 12/13/99 P 87,000 A $49.50
par value
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Common Stock, $1 12/13/99 P 50,900 A $49.69
par value
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Common Stock, $1 12/13/99 P 27,500 A $49.38
par value
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Common Stock, $1 12/13/99 P 5,100 A $49.31
par value
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Common Stock, $1 12/13/99 P 4,500 A $49.63
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/14/99 P 200,000 A $51.00
par value
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Common Stock, $1 12/15/99 P 100,000 A $51.00
par value
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Common Stock, $1 12/16/99 P 225,000 A $50.00
par value
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Common Stock, $1 12/16/99 P 61,900 A $49.94
par value
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Common Stock, $1 12/16/99 P 22,000 A $49.63
par value
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Common Stock, $1 12/16/99 P 13,000 A $49.56
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/16/99 P 2,000 A $49.75
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/16/99 P 1,100 A $49.81
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/17/99 P 120,200 A $52.00
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/17/99 P 75,800 A $51.94
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/17/99 P 49,000 A $51.00
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/17/99 P 41,000 A $50.69
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/17/99 P 18,400 A $51.75
par value
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Common Stock, $1 12/17/99 P 13,000 A $50.75
par value
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Common Stock, $1 12/17/99 P 9,700 A $50.94
par value
- ----------------- -------------- ---- --------- ---------- ----------- ---------- --------------- ----------------- --------------
Common Stock, $1 12/17/99 P 6,200 A $50.88 62,845,700 (D)*
par value
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</TABLE>
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Explanation of responses:
* The common stock of the Issuer has split 2-for-1 twice since the last filing
on Form 4 of the Reporting Person, resulting in the increased number of
shares included in the total reflected in this filing.
<PAGE>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
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Explanation of responses:
** Intentional misstatements or omissions of fact constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Signature of Reporting Person
HC Investments, Inc.
By: /s/ James E. Ripka
------------------
Name: James E. Ripka
Title: President
Date: January 6, 2000
<PAGE>
STATEMENT ATTACHED TO FORM 4
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
BY HC INVESTMENTS, INC.
1100 NORTH MARKET STREET, SUITE 780
WILMINGTON, DELAWARE 29890
January 6, 2000
ITEM 6. Relationships of Reporting Person to Company
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HC Investments, Inc. ("HCI") is the beneficial owner of more than 10
percent of the outstanding common stock of The Clorox Company ("Clorox"). Under
an agreement dated June 10, 1981, as amended, between Clorox and Henkel KGaA (a
German company that indirectly owns all the outstanding capital stock of HCI),
Clorox agreed to take all necessary actions to have such number of designees of
Henkel nominated to Clorox's Board of Directors so that Henkel has
representation on the Board of Directors proportionate with its stock ownership.
Pursuant to this agreement, Mrs. Ursula Fairchild, Dr. Jurgen Manchot and Dr.
Klaus Morwind currently serve on the Board of Directors of Clorox.