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| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
INITIAL 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(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Berkshire Hathaway Inc.
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(Last) (First) (Middle)
1440 Kiewit Plaza
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(Street)
Omaha Nebraska 68131
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) June 19, 2000
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3. IRS Identification Number of Reporting Person if an entity
(voluntary)
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4. Issuer Name and Ticker or Trading Symbol Justin Industries, Inc. (JSTN)
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] Officer [X] 10% Owner [ ] Other
(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint Group Filing (Check Applicable Line)
Form Filed by One Reporting Person
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X Form filed by More than One Reporting Person
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TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Common Stock 0* N/A* N/A*
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*See footnote (1) below.
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v)
Page 1 of 3
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FORM 3 (continued)
TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of In-
Security (Instr. 4) cisable and Underlying Derivative Security or Form of direct Bene-
Expiration (Instr. 4) Exercise Derivative ficial
Date Price Security: Ownership
(Month/Day/ of Direct (D) (Instr. 5)
Year) Derivative or In-
---------------------------------------------------- Security direct (I)
Date Expira- Amount or (Instr. 5)
Exer- tion Title Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
N/A
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</TABLE>
Explanation of Responses:
(1) In connection with the offer by J Acquisition Corp., a Texas corporation
("Purchaser") and wholly owned subsidiary of Berkshire Hathaway Inc., a Delaware
corporation ("Berkshire"), to purchase all of the outstanding shares of common
stock of Justin Industries, Inc., a Texas corporation (the "Company"),
Purchaser, Berkshire, John S. Justin, Jr., the John S. Justin, Jr. Charitable
Remainder Trust under Agreement dated October 12, 1992 and the John and Jane
Justin Charitable Remainder Unitrust under Agreement dated June 20, 1998 entered
into a Stockholders Agreement, dated June 19, 2000. As a result of the
Stockholders Agreement, Purchaser, Berkshire and Warren E. Buffett, who may be
deemed to control Berkshire, may be deemed beneficial owners, for purposes of
determining status as a 10% holder, of the 5,104,780 shares of the Company's
common stock owned by John S. Justin, Jr. and the two trusts. Purchaser and
Berkshire do not presently have any pecuniary interest in these shares of common
stock. The Stockholders Agreement and transactions contemplated by it have been
previously disclosed in the Offer to Purchase filed as an exhibit to the Tender
Offer Statement on Schedule TO filed by Berkshire and Purchaser on June 27,
2000.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
See attached signature page June 29, 2000
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**Signature of Reporting Person Date
Page 2 of 3
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Joint Filer Information
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<TABLE>
<CAPTION>
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<S> <C> <C> <C>
Name: J Acquisition Corp. Name: Warren E. Buffett
Address: 1440 Kiewit Plaza Address: 1440 Kiewit Plaza
Omaha, Nebraska 68131 Omaha, Nebraska 68131
Designated Filer: Berkshire Hathaway Inc. Designated Filer: Berkshire Hathaway Inc.
Issuer and Ticker Symbol: Justin Industries, Inc. (JSTN) Issuer and Ticker Symbol: Justin Industries, Inc. (JSTN)
Date of Event Requiring Statement: June 19, 2000 Date of Event Requiring Statement: June 19, 2000
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</TABLE>
Signatures of Reporting Persons
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Berkshire Hathaway Inc.
/s/ Marc D. Hamburg /s/ Warren E. Buffett
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By: Marc D. Hamburg Warren E. Buffett
Its: Vice President and Chief Financial
Officer
J Acquisition Corp.
/s/ Marc D. Hamburg
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By: Marc D. Hamburg
Its: Vice President
Page 3 of 3
