|
|
|
|
|
|
|
|
|
|
|
|
|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Amendment No. 1
Under the Securities Exchange Act of 1934
PROFFITT'S, INC.
(Name of Issuer)
Common Stock, par value $0.10
(Title of Class of Securities)
742925100000
(CUSIP Number)
Karen C. Manson
Secretary
Lehman Brothers Holdings
Inc. 3 World
Financial Center, 24th
Floor New York, NY 10285
(212) 526-1936
(Name, Address and Telephone Number of Person Authorized to
Receive Notice and Communications)
December 31, 1996
(Date of Event which required Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the reporting person (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7). NOT APPLICABLE.
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Holdings Inc.
13-3216325
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
917,576
8) Shared Voting Power
-0-
9) Sole Dispositive Power
917,576
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
917,576
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
4.4%
14) Type of Reporting Person
HC/CO
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.
Dated: December 31, 1996
LEHMAN BROTHERS HOLDINGS INC.
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Vice President and
Secretary
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Inc.
13-2518466
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
692,209
8) Shared Voting Power
-0-
9) Sole Dispositive Power
692,209
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
692,209
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
3.35%
14) Type of Reporting Person
BD/CO
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.
Dated: December 31, 1996
LEHMAN BROTHERS INC.
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Senior Vice President and
Secretary
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
LB I Group Inc.
13-2741778
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
692,209
8) Shared Voting Power
-0-
9) Sole Dispositive Power
692,209
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
692,209
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
3.35%
14) Type of Reporting Person
HC/CO
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.
Dated: December 31, 1996
LB I GROUP INC.
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Secretary
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Offshore Partners Ltd.
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Bermuda
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
360,432
8) Shared Voting Power
-0-
9) Sole Dispositive Power
360,432
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
360,432
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
1.74%
14) Type of Reporting Person
CO
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.
Dated: December 31, 1996
LEHMAN BROTHERS OFFSHORE PARTNERS LTD.
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Authorized Signer
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Merchant Banking Portfolio Partnership LP
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
331,777
8) Shared Voting Power
-0-
9) Sole Dispositive Power
331,777
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
331,777
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
1.61%
14) Type of Reporting Person
PN
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.
Dated: December 31, 1996
LEHMAN BROTHERS MERCHANT BANKING
PORTFOLIO PARTNERSHIP LP
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Authorized Signer
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Offshore Investment Partnership LP
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Bermuda
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
89,572
8) Shared Voting Power
-0-
9) Sole Dispositive Power
89,572
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
89,572
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
.43%
14) Type of Reporting Person
PN
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.
Dated: December 31, 1996
LEHMAN BROTHERS
OFFSHORE INVESTMENT PARTNERSHIP LP
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Authorized Signer
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Offshore Investment Partnership - Japan LP
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Bermuda
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
270,860
8) Shared Voting Power
-0-
9) Sole Dispositive Power
270,860
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
270,860
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
1.31%
14) Type of Reporting Person
PN
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.
Dated: December 31, 1996
LEHMAN BROTHERS
OFFSHORE INVESTMENT PARTNERSHIP - JAPAN LP
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Authorized Signer
<PAGE>
CUSIP No.
742925100000
1) Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lehman Brothers Capital Partners II
LP
2) Check the Appropriate box if a Member of a Group (see instructions)
(a) [X]
(b) [ ]
3) SEC Use Only
4) Source of Funds (see instructions)
OO
5) Check Box if Disclosure of Legal Proceedings is Requires
Pursuant to Items 2(d) or 2(E)
[ ]
6) Citizenship or Place of Organization
Delaware
Number of Shares Beneficially Owned by Each Reporting Person With:
7) Sole Voting Power
225,367
8) Shared Voting Power
-0-
9) Sole Dispositive Power
225,367
10) Shared Dispositive Power
-0-
11) Aggregate Amount Beneficially Owned by Each Reporting Person
225,367
<PAGE>
12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[ ]
13) Percent of Class Represented by Amount in Row 9
1.09%
14) Type of Reporting Person
PN
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.
Dated: December 31, 1996
LEHMAN BROTHERS CAPITAL PARTNERS II LP
By: /s/ Karen C. Manson
-------------------
Name: Karen C. Manson
Title: Authorized Signer
<PAGE>
Schedule 13D
Item 1. Security and Issuer
This statement relates to the Common Stock, par value $0.10
(the "Common Stock"), of Proffitt's, Inc., a Tennessee corporation
("Proffitt's"). The address of the principal executive offices of
Proffitt's is P.O. Box 9388, Alcoa, TN 37701.
Item 2. Identity and Background
This statement is filed on behalf of the following entities:
Lehman Brothers Holdings Inc., a Delaware corporation ("Holdings"),
3 World Financial Center
200 Vesey Street
New York, NY 10285
Holdings through its domestic and foreign subsidiaries is a
full-line securities firm. Holdings is the General Partner of Lehman Brothers
Capital Partners II LP and parent of Lehman Brothers Inc.
Lehman Brothers Inc., a Delaware corporation ("LBI"),
3 World Financial Center
200 Vesey Street
New York, NY 10285
LBI, a wholly owned subsidiary of Holdings, is a broker-dealer
and the parent of LB I Group Inc.
LB I Group Inc., a Delaware corporation, ("LB I Group"), 3
World Financial Center 200 Vesey Street
New York, NY 10285
LB I Group, a wholly owned subsidiary of LBI, is the General
Partner of Lehman Brothers Merchant Banking Portfolio
Partnership LP and parent of Lehman Brothers
Offshore Partners Ltd.
<PAGE>
Lehman Brothers Offshore Partners Ltd., a Bermuda corporation
("LB Offshore Partners"),
Clarendon House
Church Street
P.O. Box HM66
Hamilton, Bermuda HM CX
Lehman Brothers Offshore Partners is a wholly owned subsidiary
of LB I Group and is the General Partner of two
partnerships, Lehman Brothers Offshore Investment
Partnership LP and Lehman Brothers Offshore Investment
Partnership - Japan LP.
Lehman Brothers Merchant Banking Portfolio Partnership LP
("LB Merchant Banking")
3 World Financial Center
200 Vesey Street
New York, NY 10285
LB Merchant Banking is a limited partnership.
Lehman Brothers Offshore Investment Partnership LP ("LB
Offshore Investment")
Clarendon House, Church Street
P.O. Box HM66
Hamilton, Bermuda HM CX
LB Offshore Investment is a limited partnership.
Lehman Brothers Offshore Investment Partnership - Japan LP
("LB Offshore Japan")
Clarendon House, Church Street
P.O. Box HM66
Hamilton, Bermuda HM CX
LB Offshore Japan is a limited partnership.
Lehman Brothers Capital Partners II, LP
("LB Capital Partners")
3 World Financial Center
200 Vesey Street
New York, NY 10285
LB Capital Partners is a limited partnership.
<PAGE>
LB Merchant Banking, LB Offshore Investment, LB Offshore Japan
and LB Capital Partners are herein called the "Investment
Partnerships".
The names, residence or business addresses, citizenships and
present principal occupations or employment of the senio
executive officers and directors of the Reporting Persons are
set forth in Appendix A hereto.
None of Reporting Persons, nor to the best knowledge of the
Reporting Persons, any of the persons listed in Appendix A
hereto, has during the last five years, except as set forth
in Appendix B attached hereto and incorporated herein by
reference, (i) been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or
(ii) been party to a civil proceeding of a judicial or
administrative body of a competent jurisdiction and as a
result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or
mandating activities subject to, federal or state
securities laws or finding any violation with
respect to such laws.
Item 3. Source of Funds or Other Consideration
No Change
Item 4. Purpose of Transaction
No Change
Item 5. Interest in Securities of the Issuer
(a) The Investment Partnerships own 917,576 (4.4%) shares of
the common stock of Proffitt's. Of such amount, 331,777
(1.61%) shares are directly held by LB Merchant Banking,
89,572 (.43%) shares are directly held by LB Offshore
Partnership, 270,860 (1.31%) shares are directly held by LB
Offshore Japan and 225,367 (1.09%) shares are directly held by
LB Capital Partners.
The General Partners and Parents of the Investment
Partnerships are deemed to beneficially own the Proffitt's
shares held by the Investment Partnerships.
(b) No Change
(c) Purchases and sales by LBI of shares of common stock of
Proffitt's effected during the past 60 days are shown on
Appendix C, attached hereto and incorporated herein by
reference.
(d) No Change
<PAGE>
(e) This statement is being filed to report that as of
December 31, 1996, The Reporting Persons have ceased to be
the beneficial owner of more than 5% of the class of
securities covered by this report.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
No Change
Item 7. Material to be Filed as Exhibits.
No Change
<PAGE>
APPENDIX A
LEHMAN BROTHERS HOLDINGS INC.
BOARD OF DIRECTORS
NAME / TITLE BUSINESS ADDRESS
Michael L. Ainslie Lehman Brothers Holdings Inc.
Private Investor and former 3 World Financial Center
President and Chief Executive New York, New York 10285
Officer of Sotheby's Holdings
John F. Akers Lehman Brothers Holdings Inc.
Retired Chairman of 3 World Financial Center
International Business Machines New York, New York 10285
Corporation
Roger S. Berlind Lehman Brothers Holdings Inc.
Theatrical Producer 3 World Financial Center
New York, New York 10285
Thomas H. Cruikshank Lehman Brothers Holdings Inc.
Retired Chairman and Chief 3 World Financial Center
Executive Officer of Halliburton New York, New York 10285
Company
Richard S. Fuld, Jr. Lehman Brothers Holdings Inc.
Chairman and Chief Executive 3 World Financial Center
Officer of New York, NY 10285
Lehman Brothers Holdings Inc.
Katsumi Funaki* Lehman Brothers Holdings Inc.
Senior General Manager of 3 World Financial Center
International Business of the New York, NY 10285
Finance and Investment Planning
Office of Nippon Life
Henry Kaufman Lehman Brothers Holdings Inc.
President of Henry Kaufman & 3 World Financial Center
Company, Inc. New York, NY 10285
John D. Macomber Lehman Brothers Holdings Inc.
Principal of JDM Investment Group 3 World Financial Center
New York, NY 10285
Dina Merrill Lehman Brothers Holdings Inc.
Actress and Director and Vice 3 World Financial Center
Chairman of RKO Pictures, Inc. New York, NY 10285
<PAGE>
Masataka Shimasaki* Lehman Brothers Holdings Inc.
Director and General Manager for 3 World Financial Center
the Americas of Nippon Life New York, NY 10285
LEHMAN BROTHERS HOLDINGS INC.
EXECUTIVE OFFICERS
NAME / TITLE BUSINESS ADDRESS
Richard S. Fuld, Jr. Lehman Brothers Holdings Inc.
Chairman and Chief Executive Officer 3 World Financial Center
of Lehman Brothers Holdings Inc. New York, NY 10285
Jeremiah M. Callaghan Lehman Brothers Holdings Inc.
Chief of Operations and Technology 3 World Financial Center
New York, NY 10285
John L. Cecil
Chief Administrative Officer Lehman Brothers Holdings Inc.
3 World Financial Center
New York, NY 10285
Thomas A. Russo Lehman Brothers Holdings Inc.
Chief Legal Officer 3 World Financial Center
New York, NY 10285
Charles B. Hintz Lehman Brothers Holdings Inc.
Chief Financial Officer 3 World Financial Center
New York, NY 10285
- -----
All above individuals are citizens of the United States except those individuals
with an * who are citizens of Japan.
<PAGE>
LEHMAN BROTHERS INC.
BOARD OF DIRECTORS
NAME BUSINESS ADDRESS
Roger S. Berlind Lehman Brothers Inc.
Theatrical Producer 3 World Financial Center
New York, New York 10285
Philip Caldwell Lehman Brothers Inc.
Senior Managing Director 3 World Financial Center
New York, New York 10285
Howard L. Clark, Jr. Lehman Brothers Inc.
Vice Chairman 3 World Financial Center
New York, New York 10285
Frederick Frank Lehman Brothers Inc.
Vice Chairman 3 World Financial Center
New York, New York 10285
Richard S. Fuld, Jr. Lehman Brothers Inc.
Chairman and Chief Executive 3 World Financial Center
Officer of Lehman Brothers Holdings New York, NY 10285
Inc.
Charles B. Hintz Lehman Brothers Inc.
Chief Financial Officer 3 World Financial Center
New York, NY 10285
Bruce R. Lakefield Lehman Brothers Inc.
Director of Lehman Brothers Inc. 3 World Financial Center
New York, NY 10285
Sherman R. Lewis, Jr. Lehman Brothers Inc.
Vice Chairman 3 World Financial Center
New York, NY 10285
Mel A. Shaftel Lehman Brothers Inc.
Vice Chairman 3 World Financial Center
New York, NY 10285
- -----
Above individuals are citizens of the United States.
<PAGE>
LEHMAN BROTHERS INC.
EXECUTIVE OFFICERS
NAME / TITLE BUSINESS ADDRESS
Richard S. Fuld, Jr. Lehman Brothers Holdings Inc.
Chairman and Chief Executive Officer 3 World Financial Center
of Lehman Brothers Holdings Inc. New York, NY 10285
Jeremiah M. Callaghan Lehman Brothers Holdings Inc.
Chief of Operations and Technology 3 World Financial Center
New York, NY 10285
John L. Cecil Lehman Brothers Inc.
Chief Administrative Officer 3 World Financial Center
New York, NY 10285
Charles B. Hintz Lehman Brothers Inc.
Chief Financial Officer 3 World Financial Center
New York, NY 10285
Thomas A. Russo Lehman Brothers Inc.
Chief Legal Officer 3 World Financial Center
New York, NY 10285
- -----
Above individuals are citizens of the United States.
<PAGE>
LB I GROUP INC.
BOARD OF DIRECTORS
NAME BUSINESS ADDRESS
Eliot Fried Lehman Brothers Inc.
Director 3 World Financial Center
New York, NY 10285
David Goldfarb Lehman Brothers Inc.
Director 3 World Financial Center
New York, NY 10285
Allan S. Kaplan Lehman Brothers Inc.
Director 3 World Financial Center
New York, NY 10285
- -----
Above individuals are citizens of the United States.
LEHMAN BROTHERS OFFSHORE PARTNERS LTD.
BOARD OF DIRECTORS
NAME BUSINESS ADDRESS
Ludovico Del Balzo One Broadgate
Director and Vice President EC2M 78A
London
Peter R. Sherratt One Broadgate
Director EC2M 78A
London
David Smith One Broadgate
Director EC2M 78A
London
Nicholas Trollope One Broadgate
Director and President EC2M 78A
London
- -----
Above individuals are residents of the United Kingdom.
<PAGE>
APPENDIX B
Fulco v. Continental Cablevision. This civil action was brought in the United
States District Court for the District of Massachusetts alleging a violation of
Rule 10b(5) for a material omission in the disclosure documents related to a
1989 partnership roll-up in which Shearson Lehman Brothers rendered a fairness
opinion. The jury rendered a verdict in 1993 jointly against Shearson Lehman
Brothers and Continental Cablevision, the issuer, for a total of $4.6 million.
The case was settled shortly thereafter.
<PAGE>
APPENDIX C
PURCHASE AND SALES OF COMMON STOCK
BY LEHMAN BROTHERS INC.
WITHIN 60 DAYS
PROFFITT'S INC.
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/09/96 1,000.0000 0.0000 40.0000
1,000.0000 0.0000 40.0000
1,000.0000 0.0000 40.0000
12/10/96 0.0000 300.0000 40.0625
0.0000 500.0000 40.0625
0.0000 1,000.0000 40.0000
0.0000 300.0000 40.0625
0.0000 500.0000 40.0625
0.0000 1,000.0000 40.0000
0.0000 300.0000 40.0625
0.0000 500.0000 40.0625
0.0000 1,000.0000 40.0000
12/11/96 1,000.0000 0.0000 39.5000
0.0000 1,000.0000 39.7500
1,000.0000 0.0000 39.5000
0.0000 1,000.0000 39.7500
1,000.0000 0.0000 39.5000
0.0000 1,000.0000 39.7500
12/12/96 1,200.0000 0.0000 40.0000
3,100.0000 0.0000 40.0000
3,100.0000 0.0000 40.0000
4,500.0000 0.0000 40.0000
0.0000 2,000.0000 40.1250
0.0000 2,000.0000 40.1250
0.0000 3,000.0000 40.1250
0.0000 3,000.0000 40.1250
0.0000 3,000.0000 40.1250
1,200.0000 0.0000 40.0000
3,100.0000 0.0000 40.0000
3,100.0000 0.0000 40.0000
4,500.0000 0.0000 40.0000
0.0000 2,000.0000 40.1250
0.0000 2,000.0000 40.1250
0.0000 3,000.0000 40.1250
0.0000 3,000.0000 40.1250
0.0000 3,000.0000 40.1250
1,200.0000 0.0000 40.0000
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/12/96 3,100.0000 0.0000 40.0000
3,100.0000 0.0000 40.0000
4,500.0000 0.0000 40.0000
0.0000 2,000.0000 40.1250
0.0000 2,000.0000 40.1250
0.0000 3,000.0000 40.1250
0.0000 3,000.0000 40.1250
0.0000 3,000.0000 40.1250
12/13/96 2,000.0000 0.0000 40.0000
4,900.0000 0.0000 40.0000
5,900.0000 0.0000 40.0000
7,200.0000 0.0000 40.0000
0.0000 100.0000 40.0625
0.0000 5,000.0000 40.0000
0.0000 5,000.0000 40.0000
0.0000 9,800.0000 40.0000
2,000.0000 0.0000 40.0000
4,900.0000 0.0000 40.0000
5,900.0000 0.0000 40.0000
7,200.0000 0.0000 40.0000
0.0000 100.0000 40.0625
0.0000 5,000.0000 40.0000
0.0000 5,000.0000 40.0000
0.0000 9,800.0000 40.0000
2,000.0000 0.0000 40.0000
4,900.0000 0.0000 40.0000
5,900.0000 0.0000 40.0000
7,200.0000 0.0000 40.0000
0.0000 100.0000 40.0625
0.0000 5,000.0000 40.0000
0.0000 5,000.0000 40.0000
0.0000 9,800.0000 40.0000
12/16/96 1,000.0000 0.0000 39.3750
10,000.0000 0.0000 39.2500
0.0000 500.0000 39.3750
0.0000 1,000.0000 39.3750
0.0000 2,000.0000 39.3750
0.0000 3,000.0000 39.3750
1,000.0000 0.0000 39.3750
10,000.0000 0.0000 39.2500
0.0000 500.0000 39.3750
0.0000 1,000.0000 39.3750
0.0000 2,000.0000 39.3750
0.0000 3,000.0000 39.3750
1,000.0000 0.0000 39.3750
10,000.0000 0.0000 39.2500
0.0000 500.0000 39.3750
0.0000 1,000.0000 39.3750
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/16/96 0.0000 2,000.0000 39.3750
0.0000 3,000.0000 39.3750
12/17/96 20,000.0000 0.0000 38.4375
0.0000 800.0000 38.5000
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5625
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.6250
0.0000 1,000.0000 38.6250
0.0000 1,300.0000 38.5000
0.0000 1,500.0000 38.5000
0.0000 1,500.0000 38.5000
0.0000 1,800.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,200.0000 38.6250
20,000.0000 0.0000 38.4375
0.0000 800.0000 38.5000
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5625
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.6250
0.0000 1,000.0000 38.6250
0.0000 1,300.0000 38.5000
0.0000 1,500.0000 38.5000
0.0000 1,500.0000 38.5000
0.0000 1,800.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,200.0000 38.6250
20,000.0000 0.0000 38.4375
0.0000 800.0000 38.5000
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5625
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.6250
0.0000 1,000.0000 38.6250
0.0000 1,300.0000 38.5000
0.0000 1,500.0000 38.5000
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/17/96 0.0000 1,500.0000 38.5000
0.0000 1,800.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,000.0000 38.5000
0.0000 2,200.0000 38.6250
12/18/96 5,000.0000 0.0000 39.0000
10,000.0000 0.0000 38.7500
10,000.0000 0.0000 39.0000
40,000.0000 0.0000 39.0000
0.0000 500.0000 39.1250
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 39.0000
0.0000 1,000.0000 38.8750
0.0000 1,000.0000 39.0000
0.0000 1,000.0000 39.1250
0.0000 1,200.0000 39.1250
0.0000 1,500.0000 39.1250
0.0000 2,200.0000 39.1250
0.0000 2,500.0000 38.7500
0.0000 2,500.0000 38.7500
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 7,200.0000 39.1250
0.0000 10,000.0000 39.1250
0.0000 15,000.0000 39.1250
1,500.0000 0.0000 39.0000
3,700.0000 0.0000 39.0000
4,400.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
5,400.0000 0.0000 39.0000
5,480.0000 0.0000 39.0000
10,000.0000 0.0000 39.7250
15,320.0000 0.0000 39.0000
0.0000 500.0000 39.1250
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 39.0000
0.0000 1,000.0000 38.8750
0.0000 1,000.0000 39.0000
0.0000 1,000.0000 39.1250
0.0000 1,200.0000 39.1250
0.0000 1,500.0000 39.1250
0.0000 2,200.0000 39.1250
0.0000 2,500.0000 38.7500
0.0000 2,500.0000 38.7500
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/18/96 0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 7,200.0000 39.1250
0.0000 10,000.0000 39.1250
0.0000 15,000.0000 39.1250
1,500.0000 0.0000 39.0000
3,700.0000 0.0000 39.0000
4,400.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
4,800.0000 0.0000 39.0000
5,400.0000 0.0000 39.0000
5,480.0000 0.0000 39.0000
10,000.0000 0.0000 39.7250
15,320.0000 0.0000 39.0000
0.0000 500.0000 39.1250
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 39.0000
0.0000 1,000.0000 38.8750
0.0000 1,000.0000 39.0000
0.0000 1,000.0000 39.1250
0.0000 1,200.0000 39.1250
0.0000 1,500.0000 39.1250
0.0000 2,200.0000 39.1250
0.0000 2,500.0000 38.7500
0.0000 2,500.0000 38.7500
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 7,200.0000 39.1250
0.0000 10,000.0000 39.1250
0.0000 15,000.0000 39.1250
0.0000 5,000.0000 39.0000
0.0000 10,000.0000 39.0000
0.0000 40,000.0000 39.0000
12/19/96 22,500.0000 0.0000 39.0625
0.0000 100.0000 39.2500
0.0000 100.0000 39.2500
0.0000 100.0000 39.1250
0.0000 200.0000 39.2500
0.0000 400.0000 39.2500
0.0000 900.0000 39.1250
0.0000 2,200.0000 39.1250
0.0000 3,000.0000 39.1250
0.0000 3,400.0000 39.1250
0.0000 5,000.0000 39.1250
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/19/96 0.0000 5,000.0000 39.1250
2,200.0000 0.0000 39.0625
5,500.0000 0.0000 39.0625
6,600.0000 0.0000 39.0625
8,100.0000 0.0000 39.0625
0.0000 100.0000 39.2500
0.0000 100.0000 39.2500
0.0000 100.0000 39.1250
0.0000 200.0000 34.2500
0.0000 400.0000 34.2500
0.0000 900.0000 39.1250
0.0000 2,200.0000 34.1250
0.0000 3,000.0000 39.1250
0.0000 3,400.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
2,200.0000 0.0000 39.0625
5,500.0000 0.0000 39.0625
6,600.0000 0.0000 39.0625
8,100.0000 0.0000 39.0625
0.0000 100.0000 39.2500
0.0000 100.0000 39.2500
0.0000 100.0000 39.2500
0.0000 200.0000 38.1250
0.0000 400.0000 38.2500
0.0000 900.0000 39.1250
0.0000 2,200.0000 39.1250
0.0000 3,000.0000 39.1250
0.0000 3,400.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 5,000.0000 39.1250
0.0000 22,500.0000 39.0625
12/20/96 2,500.0000 0.0000 38.7500
5,000.0000 0.0000 39.0000
200.0000 0.0000 38.7500
600.0000 0.0000 38.7500
700.0000 0.0000 38.7500
1,000.0000 0.0000 38.7500
1,500.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
2,055.0000 0.0000 39.1250
3,700.0000 0.0000 39.1250
4,400.0000 0.0000 39.1250
5,400.0000 0.0000 39.1250
5,745.0000 0.0000 39.1250
15,000.0000 0.0000 38.7500
0.0000 400.0000 39.2500
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/20/96 0.0000 400.0000 39.2500
0.0000 400.0000 39.2500
0.0000 400.0000 38.8750
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.7500
0.0000 1,600.0000 38.8750
0.0000 1,600.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,400.0000 39.2500
0.0000 3,000.0000 39.2500
0.0000 3,000.0000 38.8750
0.0000 3,000.0000 38.8750
0.0000 4,000.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 5,000.0000 39.1250
0.0000 5,400.0000 39.2500
2,500.0000 0.0000 38.7500
5,000.0000 0.0000 39.0000
200.0000 0.0000 38.7500
600.0000 0.0000 38.7500
700.0000 0.0000 38.7500
1,000.0000 0.0000 38.7500
1,500.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
2,055.0000 0.0000 39.1250
3,700.0000 0.0000 39.1250
4,400.0000 0.0000 39.1250
5,400.0000 0.0000 39.1250
5,745.0000 0.0000 39.1250
15,000.0000 0.0000 38.7500
0.0000 400.0000 39.2500
0.0000 400.0000 39.2500
0.0000 400.0000 39.2500
0.0000 400.0000 38.8750
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.7500
0.0000 1,600.0000 38.8750
0.0000 1,600.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/20/96 0.0000 2,000.0000 38.8750
0.0000 2,400.0000 39.2500
0.0000 3,000.0000 39.2500
0.0000 3,000.0000 38.8750
0.0000 3,000.0000 38.8750
0.0000 4,000.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 5,000.0000 39.1250
0.0000 5,400.0000 39.2500
2,500.0000 0.0000 38.7500
5,000.0000 0.0000 39.0000
200.0000 0.0000 38.7500
600.0000 0.0000 38.7500
700.0000 0.0000 38.7500
1,000.0000 0.0000 38.7500
1,500.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
1,800.0000 0.0000 39.1250
2,055.0000 0.0000 39.1250
3,700.0000 0.0000 39.1250
4,400.0000 0.0000 39.1250
5,400.0000 0.0000 39.1250
5,745.0000 0.0000 39.1250
15,000.0000 0.0000 38.7500
0.0000 400.0000 39.2500
0.0000 400.0000 39.2500
0.0000 400.0000 39.2500
0.0000 400.0000 38.8750
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.7500
0.0000 1,000.0000 38.7500
0.0000 1,600.0000 38.8750
0.0000 1,600.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.8750
0.0000 2,000.0000 38.7500
0.0000 2,400.0000 39.2500
0.0000 3,000.0000 39.2500
0.0000 3,000.0000 38.8750
0.0000 3,000.0000 38.8750
0.0000 4,000.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 4,600.0000 39.2500
0.0000 5,000.0000 39.1250
0.0000 5,400.0000 39.2500
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/23/96 200.0000 0.0000 38.1250
1,000.0000 0.0000 38.2500
1,000.0000 0.0000 38.1250
2,500.0000 0.0000 38.5000
2,500.0000 0.0000 38.6250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
685.0000 0.0000 38.1250
1,000.0000 0.0000 38.5625
1,915.0000 0.0000 38.1250
2,500.0000 0.0000 38.5625
2,900.0000 0.0000 38.5625
3,600.0000 0.0000 38.5625
15,000.0000 0.0000 38.4167
0.0000 300.0000 38.6250
0.0000 500.0000 38.2500
0.0000 700.0000 38.6250
0.0000 1,000.0000 38.6250
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.2500
0.0000 1,200.0000 38.2500
0.0000 2,000.0000 38.6250
0.0000 2,000.0000 38.6250
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,300.0000 38.6250
0.0000 2,700.0000 38.6250
0.0000 3,000.0000 38.2500
0.0000 10,000.0000 38.6250
200.0000 0.0000 38.1250
1,000.0000 0.0000 38.2500
1,000.0000 0.0000 38.1250
2,500.0000 0.0000 38.5000
2,500.0000 0.0000 36.6250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
685.0000 0.0000 38.1250
1,000.0000 0.0000 38.5625
1,915.0000 0.0000 38.1250
2,500.0000 0.0000 38.5625
2,900.0000 0.0000 38.5625
3,600.0000 0.0000 38.5625
15,000.0000 0.0000 38.4167
0.0000 300.0000 38.6250
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/23/96 0.0000 500.0000 38.2500
0.0000 700.0000 38.6250
0.0000 1,000.0000 38.6250
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.2500
0.0000 1,200.0000 38.2500
0.0000 2,000.0000 38.6250
0.0000 2,000.0000 38.6250
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,300.0000 38.6250
0.0000 2,700.0000 38.6250
0.0000 3,000.0000 38.2500
0.0000 10,000.0000 38.6250
200.0000 0.0000 38.1250
1,000.0000 0.0000 38.2500
1,000.0000 0.0000 38.1250
2,500.0000 0.0000 38.5000
2,500.0000 0.0000 38.6250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
600.0000 0.0000 38.1250
685.0000 0.0000 38.1250
1,000.0000 0.0000 38.5625
1,915.0000 0.0000 38.1250
2,500.0000 0.0000 38.5625
2,900.0000 0.0000 38.5625
3,600.0000 0.0000 38.5625
15,000.0000 0.0000 38.4167
0.0000 300.0000 38.6250
0.0000 500.0000 38.2500
0.0000 700.0000 38.6250
0.0000 1,000.0000 38.6250
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.5000
0.0000 1,000.0000 38.2500
0.0000 1,200.0000 38.2500
0.0000 2,000.0000 38.6250
0.0000 2,000.0000 38.6250
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,000.0000 38.2500
0.0000 2,300.0000 38.6250
0.0000 2,700.0000 38.6250
0.0000 3,000.0000 38.2500
0.0000 10,000.0000 38.6250
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/24/96 2,000.0000 0.0000 38.0000
3,000.0000 0.0000 38.1250
5,000.0000 0.0000 38.1250
1,000.0000 0.0000 38.1250
2,500.0000 0.0000 38.1250
2,900.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,425.0000 0.0000 38.1250
3,600.0000 0.0000 38.1250
9,575.0000 0.0000 38.1250
15,000.0000 0.0000 38.1250
0.0000 25,000.0000 38.2500
0.0000 34,596.0000 38.2500
2,000.0000 0.0000 38.0000
3,000.0000 0.0000 38.1250
5,000.0000 0.0000 38.1250
1,000.0000 0.0000 38.1250
2,500.0000 0.0000 38.1250
2,900.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,425.0000 0.0000 38.1250
3,600.0000 0.0000 38.1250
9,575.0000 0.0000 38.1250
15,000.0000 0.0000 38.1250
0.0000 25,000.0000 38.2500
0.0000 34,596.0000 38.2500
2,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
5,000.0000 0.0000 38.1250
1,000.0000 0.0000 38.1250
2,500.0000 0.0000 38.1250
2,900.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,000.0000 0.0000 38.1250
3,425.0000 0.0000 38.1250
3,600.0000 0.0000 38.1250
9,575.0000 0.0000 38.1250
15,000.0000 0.0000 38.1250
0.0000 25,000.0000 38.2500
0.0000 34,596.0000 38.2500
12/26/96 1,000.0000 0.0000 37.8750
1,000.0000 0.0000 37.8750
<PAGE>
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/26/96 1,000.0000 0.0000 37.8750
12/27/96 10,000.0000 0.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.7500
0.0000 1,000.0000 37.7500
0.0000 1,000.0000 37.7500
0.0000 1,500.0000 37.6250
10,000.0000 0.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.7500
0.0000 1,000.0000 37.7500
0.0000 1,000.0000 37.7500
0.0000 1,500.0000 37.6250
10,000.0000 0.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.6250
0.0000 1,000.0000 37.7500
0.0000 1,000.0000 37.7500
0.0000 1,000.0000 37.7500
0.0000 1,500.0000 37.6250
12/31/96 14.0000 0.0000 36.7500
608.0000 0.0000 36.5000
1,000.0000 0.0000 36.7500
1,000.0000 0.0000 36.2500
0.0000 100.0000 36.5625
0.0000 500.0000 36.2500
0.0000 700.0000 36.0000
0.0000 1,000.0000 36.0000
0.0000 1,000.0000 36.5000
0.0000 1,000.0000 36.2500
0.0000 1,000.0000 36.7500
0.0000 200.0000 36.8750
14.0000 0.0000 36.7500
608.0000 0.0000 36.5000
1,000.0000 0.0000 36.7500
1,000.0000 0.0000 36.2500
0.0000 100.0000 36.5625
0.0000 500.0000 36.2500
0.0000 700.0000 36.0000
0.0000 1,000.0000 36.0000
0.0000 1,000.0000 36.5000
0.0000 1,000.0000 36.2500
0.0000 1,000.0000 36.7500
0.0000 200.0000 36.8750
TRANS. DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
12/31/96 14.0000 0.0000 36.7500
608.0000 0.0000 36.5000
1,000.0000 0.0000 36.7500
1,000.0000 0.0000 36.2500
0.0000 100.0000 36.5625
0.0000 500.0000 36.2500
0.0000 700.0000 36.0000
0.0000 1,000.0000 36.0000
0.0000 1,000.0000 36.5000
0.0000 1,000.0000 36.2500
0.0000 1,000.0000 36.7500
0.0000 200.0000 36.8750
|
|