<PAGE> 1
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant /X/
Filed by a Party other than the Registrant / /
Check the appropriate box:
/ / Preliminary Proxy Statement
/X/ Definitive Proxy Statement
/ / Definitive Additional Materials
/ / Soliciting Material Pursuant to sec.240.14a-11(c) or sec.240.14a-12
PUBLIX SUPERMARKET
- --------------------------------------------------------------------------------
(Name of Registrant as Specified in Charter)
PUBLIX SUPERMARKET
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (Check the appropriate box):
/X/ $125 per Exchange Act Rules 0-11(c)(1)(ii), or 14a-6(i)(1), or 14a-6(j)(2).
/ / $500 per each party to the controversy pursuant to Exchange Act Rule
14a-6(i)(3).
/ / Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11:
(4) Proposed maximum aggregate value of transaction:
Set forth the amount on which the filing fee is calculated and state how it
was determined.
/ / Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
<PAGE> 2
PUBLIX SUPER MARKETS, INC.
1994 NOTICE OF ANNUAL MEETING
OF STOCKHOLDERS AND PROXY STATEMENT
Tuesday, May 17, 1994
Main Office & Warehouse
1936 George Jenkins Boulevard
Lakeland, Florida 33801
To Our Stockholders:
Notice is hereby given, pursuant to the By-Laws of the Corporation, that the
Annual Meeting of Stockholders of Publix Super Markets, Inc., a Florida
Corporation, will be held at the principal office of the Corporation, 1936
George Jenkins Boulevard, Lakeland, Florida, on Tuesday, May 17, 1994, at 10:00
a.m. for the following purposes:
1. To elect a Board of Directors
2. To transact such other business as may properly come before
the meeting or any adjournments thereof.
Accompanying the Notice of Annual Meeting of Stockholders is a Proxy Statement
and a proxy card. Whether or not you plan to attend this meeting, please mark,
sign, date and return the proxy card in the enclosed return envelope.
By order of the Board of Directors:
/s/ S. Keith Billups
- --------------------
S. Keith Billups
Secretary
Dated: March 14, 1994
<PAGE> 3
GENERAL INFORMATION
This proxy statement is being mailed on or about April 18, 1994, to the
stockholders of Publix Super Markets, Inc. (the "Corporation") in connection
with the solicitation of proxies by the Board of Directors of the Corporation
for use at the Annual Meeting of Stockholders to be held on May 17, 1994, or
any adjournments thereof. The cost of the enclosed proxy is borne by the
Corporation.
VOTING SECURITIES OUTSTANDING
As of March 4, 1994, there were 231,210,104 shares of common stock of the
Corporation outstanding. Each share is entitled to one vote.
Only holders of common stock of record at the close of business on March 4,
1994, will be entitled to vote at the Annual Meeting of Stockholders.
VOTING PROCEDURES
A stockholder giving the enclosed proxy has the power to revoke it at any time
before it is exercised by filing a written notice of such revocation or a duly
executed proxy bearing a later date with the Secretary of the Corporation, at
the principal office of the Corporation, 1936 George Jenkins Boulevard,
Lakeland, Florida. The execution of the enclosed proxy will not affect a
stockholder's right to vote in person at the meeting should the stockholder
later find it convenient to attend the meeting and desire to vote in person.
The proxy cards will be tabulated by employees of the Corporation. A
stockholder attending in person or by proxy will be counted as part of the
quorum for the meeting, even if that person abstains or otherwise does not vote
on any matter. The required vote for the election of proposed directors will be
determined based upon an affirmative vote of a plurality of the shares voting.
Any other matter submitted to a vote of the stockholders must be approved by
the affirmative vote of the majority of shares voted at the meeting in person
or by proxy. An abstention or a failure to vote is not counted in determining
whether a plurality of votes exists, but an abstention or a failure to vote is
equivalent to a "no" vote when a majority vote of all outstanding shares is
required.
ELECTION OF DIRECTORS
The proxies will be voted for the election of the ten proposed directors unless
the stockholder specifies otherwise. Although the Corporation's By-Laws
authorize a Board of Directors of fifteen members, the proxies cannot be voted
for a greater number of persons than the number of nominees named. The term of
office of each director will be until the next annual meeting or until their
successors shall be elected and qualify.
1
<PAGE> 4
INFORMATION CONCERNING PROPOSED
DIRECTORS AND CERTAIN BENEFICIAL OWNERS
The following table sets forth certain information about the shares of the
Corporation's common stock beneficially owned as of March 4, 1994, by the
Corporation's proposed directors. Additionally listed are all directors and
executive officers as a group and others known by the Corporation to own
beneficially 5% or more of the Corporation's common stock.
<TABLE>
<CAPTION>
Name, Principal Occupation
Presently and During Last
Five Years and Period of Nature of Family Relationship Number of Shares of Common
Service as Director of with Executive Officers Stock Beneficially Owned Percent
the Corporation (Age) and Directors as of March 4, 1994 (1) of Class
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Carol Jenkins Barnett Sister of Howard M. Jenkins, niece of 13,134,987 (2) 5.68
Director since 1983 (37) Charles H. Jenkins, Sr., first cousin
of Charles H. Jenkins, Jr., aunt of
W. Edwin Crenshaw and wife of
Hoyt R. Barnett
Hoyt R. Barnett Husband of Carol Jenkins Barnett 23,399,650 (3) 10.12
Executive Vice President and brother-in-law of
of the Corporation since Howard M. Jenkins
1988 and Trustee of the
Profit Sharing Plan since
1992, Director since 1985 (50)
W. Edwin Crenshaw Nephew of Carol Jenkins Barnett 665,867 *
Executive Vice President and nephew of Howard M. Jenkins
of the Corporation since
January 1994, previously
Vice President of the
Corporation (1990), and
Director of Retail Operations
for the Lakeland Division,
Director since 1990 (43)
Mark C. Hollis 2,675,491 (4) 1.16
President and Chief Operating
Officer of the Corporation,
Director since 1974. He is
a Director of Bell South
Telecommunications, a Bell
South Company (59)
</TABLE>
* Shares represent less than 1% of class.
Note references are explained on page 4.
2
<PAGE> 5
<TABLE>
<CAPTION>
Name, Principal Occupation
Presently and During Last
Five Years and Period of Nature of Family Relationship Number of Shares of Common
Service as Director of with Executive Officers Stock Beneficially Owned Percent
the Corporation (Age) and Directors as of March 4, 1994 (1) of Class
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Charles H. Jenkins, Jr. Son of Charles H. Jenkins, Sr., first 2,428,862 1.05
Chairman of the Executive cousin of Carol Jenkins Barnett and
Committee of the Corporation first cousin of Howard M. Jenkins
since 1990, previously
Executive Vice President,
Director since 1974 (50)
Charles H. Jenkins, Sr. Father of Charles H. Jenkins, Jr., 2,702,191 1.17
Retired in 1985, previously uncle of Carol Jenkins Barnett and
Chairman of the Board of the uncle of Howard M. Jenkins
Corporation, Director since
1953 (79)
Howard M. Jenkins Brother of Carol Jenkins Barnett, 46,305,923 (5) 20.03
Chairman of the Board and nephew of Charles H. Jenkins, Sr.,
Chief Executive Officer of first cousin of Charles H. Jenkins, Jr.,
the Corporation since 1990, uncle of W. Edwin Crenshaw and
previously Chairman of the brother-in-law of Hoyt R. Barnett
Executive Committee, Director
since 1977 (43)
Tina P. Johnson
Treasurer of the Corporation 39,124 *
since 1992, previously Assistant
Secretary (1990) and Tax Manager,
Director since 1993 (34)
E.V. McClurg
Chairman of Peoples Bank of 1,998,546 *
Lakeland since 1991 (previously
Vice Chairman) and attorney at
law, law office of E.V. McClurg,
Director since 1988 (52)
William H. Vass
Executive Vice President of the 27,643,630 (6) 11.96
Corporation and Trustee of the
Employee Stock Ownership Plan
since 1992, previously Vice
President and Treasurer (1990)
and Controller, Director since
1988 (44)
</TABLE>
* Shares represent less than 1% of class.
Note references are explained on page 4.
3
<PAGE> 6
(1) As used in the table on the preceding pages, "beneficial ownership"
means the sole or shared voting or investment power with respect to
the Corporation's common stock. Holdings of officers include shares
allocated to their individual accounts in the Corporation's Employee
Stock Ownership Plan, over which each officer exercises sole voting
power and shared investment power. In accordance with the beneficial
ownership regulations, the same shares of common stock may be included
as beneficially owned by more than one individual or entity.
(2) Excludes shares of common stock beneficially owned by Carol Jenkins
Barnett's husband, as to which Carol Jenkins Barnett disclaims
beneficial ownership.
(3) Hoyt R. Barnett is Trustee of the Profit Sharing Plan which is the
record owner of 23,278,750 shares of common stock over which he
exercises sole voting and investment power. Total shares beneficially
owned excludes shares of common stock owned by Hoyt R. Barnett's wife,
as to which Hoyt R. Barnett disclaims beneficial ownership.
(4) Mark C. Hollis is Co-Trustee with Peoples Bank of Lakeland for
1,577,699 shares of common stock in three family trusts. The remaining
shares are owned in a separate family trust over which Mark C. Hollis
is Co-Trustee with his wife. As Co-Trustee, Mark C. Hollis has
shared voting and investment power for these shares.
(5) Howard M. Jenkins is Voting Trustee of a Voting Trust Agreement
(Agreement), effective May 30, 1987, established by him, his brother
and two of his sisters. The Agreement, as amended, has a ten year term
and covers 45,733,983 shares of common stock, of which 13,887,305
shares are beneficially owned by Howard M. Jenkins and 14,185,405
shares are beneficially owned by Nancy E. Jenkins. The remaining
shares held under the Agreement are owned by various individuals who
are not beneficial owners of 5% or more of the Corporation's common
stock. As Trustee, Howard M. Jenkins has voting rights for the shares
represented by the Agreement unless the stockholders of a majority of
the shares direct him to vote all shares in a specified manner. In
addition, Howard M. Jenkins beneficially owns 571,940 shares of common
stock which are either individually owned or owned as Trustee for
three separate trusts over which he exercises sole voting and
investment power.
(6) William H. Vass is Trustee of the Employee Stock Ownership Plan (ESOT)
which is the record owner of 27,610,780 shares of common stock over
which he has shared investment power. As Trustee, William H. Vass
exercises sole voting power over 545,249 shares in the ESOT because
such shares have not been allocated to participants' accounts. The
ESOT participants, not William H. Vass, exercise sole voting power
over all remaining shares in the ESOT.
4
<PAGE> 7
OTHER BENEFICIAL OWNERS' INFORMATION
Twenty-six directors and executive officers as a group beneficially owned
121,511,419 shares or 52.55% of the common stock of the Corporation as of March
4, 1994. Included in this amount are 50,889,530 shares in the Profit Sharing
Plan and the Employee Stock Ownership Plan.
Nancy E. Jenkins, sister of Howard M. Jenkins, is the record and beneficial
owner of 14,756,894 shares or 6.38% of the common stock of the Corporation.
Included in this amount are 14,185,405 shares which are held in and subject to
the Voting Trust Agreement, effective May 30, 1987, for which Howard M. Jenkins
is Voting Trustee.
Beneficial owners of 5% or more of common stock who are known by the
Corporation include those noted in the preceding table with respect to
directors, the Profit Sharing Plan and the Employee Stock Ownership Plan or
otherwise noted above. The Corporation is aware of no other beneficial owners
of 5% or more of the common stock of the Corporation. The address for all
beneficial owners is 1936 George Jenkins Boulevard, Lakeland, Florida, 33801.
Under Section 16 of the Securities Exchange Act of 1934, certain officers,
directors and stockholders of the Corporation are required to file reports of
stock ownership and changes therein with the Securities and Exchange
Commission. The Corporation believes that its officers, directors and
stockholders complied with the Section 16 filing requirements except as noted
below. Due to misunderstandings of the applicable rules, previous reports filed
by the following persons did not reflect their indirect beneficial ownership of
certain shares or changes therein (in each case, each Form 4 or Form 5 noted
below involved one transaction): R. Scott Charlton (one Form 4 and one Form 5);
James J. Lobinsky (one Form 4); E.V. McClurg (Form 3 and three Form 4s); Robert
H. Moore (Form 3); David P. Phillips (Form 3 and one Form 4); Edward H. Ruth
(one Form 4); William H. Vass (three Form 5s). In addition, the E.C. McClurg
Living Trust (of which E.V. McClurg is Co-Trustee) did not timely file a Form 3
and two Form 4s. Upon learning of the omissions, each of the persons indicated
above promptly filed initial or amended reports to reflect the required
information.
COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION
During 1993, the Executive Committee performed the equivalent functions of a
Compensation Committee. Committee members, who were all officers of the
Corporation, include: Hoyt R. Barnett, Mark C. Hollis, Charles H. Jenkins, Jr.,
Howard M. Jenkins and William H. Vass. There were no interlocks of executive
officers or directors of the Corporation serving on the compensation or
equivalent committee of another entity which has any executive officer or
director serving on the Compensation Committee, other committee or Board of
Directors of the Corporation.
5
<PAGE> 8
EXECUTIVE COMMITTEE REPORT ON EXECUTIVE COMPENSATION
The compensation for the named executive officers, including the CEO, include a
base salary and an incentive bonus.
The factors considered in determining the base salary include: (1) the overall
level of responsibility and the relationship to compensation levels of the
Corporation's management (2) the compensation levels of supermarket chains in
the Corporation's Peer Group Index, taking into account the size and financial
performance of the Corporation (3) anticipated competitive operating conditions
and (4) overall economic conditions. In considering these factors, the
Executive Committee continued to place significant emphasis on the competitive
pressures in the Corporation's market areas and weaknesses in the overall
economy. Therefore, the base salary of the named executives was fixed at the
same level as in the previous two years, with the exception of the base salary
of William H. Vass which was adjusted to reflect increased responsibilities.
Bonuses are paid generally in the year following the year earned. Bonuses for
1992 reflect a year of transition as the Corporation implemented an incentive
bonus plan. The incentive bonus plan covers approximately 350 management
employees. Under this plan, a bonus pool is allocated among these management
employees, including the named executive officers, based on eligible
compensation. The bonus pool is established as a fraction of earnings before
income taxes for the twelve months ended with the third quarter for each fiscal
year. Then, this pool is adjusted upward or downward to reflect actual sales
results for the same twelve month period compared to a sales goal. For 1992,
most participants were limited to a 15% bonus increase compared to the previous
year. In rare circumstances, the Corporation may pay an additional
discretionary bonus to particular individuals. During 1992, William H. Vass
received a discretionary bonus for his individual performance.
The average compensation earned by the executives named in the following table
ranks at or near the bottom of compensation earned by comparable positions
among the peer group supermarket chains included in the performance graph on
page 10.
This report is submitted by the following members of the Executive Committee:
Hoyt R. Barnett, Mark C. Hollis, Charles H. Jenkins, Jr., Howard M. Jenkins and
William H. Vass.
6
<PAGE> 9
EXECUTIVE COMPENSATION
The following table summarizes the compensation EARNED by the Corporation's
Chief Executive Officer (CEO) and the Corporation's four most highly
compensated executive officers other than the CEO who were serving as executive
officers at the end of 1993 and for services rendered in all capacities to the
Corporation during the years ended 1993, 1992 and 1991:
SUMMARY COMPENSATION TABLE
<TABLE>
<CAPTION>
Long Term Compensation
-----------------------------
Annual Compensation Awards Payouts
------------------------------------- -------------------- -------
Other
Annual Restricted All Other
Compen- Stock Options/ LTIP Compen-
Name and Principal Position Year Salary Bonus (1) Total sation Award SARs (#) Payouts sation(2)
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Howard M. Jenkins (19) 1993 $290,000 $92,935 $382,935 - - - - $17,974
Chairman of the Board, 1992 290,000 92,000 382,000 - - - - 19,167
Chief Executive Officer 1991 290,000 80,000 370,000 - - - - 18,124
Mark C. Hollis (47) 1993 $290,000 $91,536 $381,536 - - - - $17,974
President, Chief 1992 290,000 86,250 376,250 - - - - 19,167
Operating Officer and 1991 290,000 75,000 365,000 - - - - 18,124
Director
Charles H. Jenkins, Jr. (24) 1993 $213,000 $71,037 $284,037 - - - - $17,974
Chairman of the 1992 213,000 78,990 291,990 - - - - 19,167
Executive Committee and 1991 213,000 70,000 283,000 - - - - 18,124
Director
Hoyt R. Barnett (25) 1993 $190,000 $63,011 $253,011 - - - - $17,974
Executive Vice President 1992 190,000 69,000 259,000 - - - - 19,167
and Director 1991 190,000 60,000 250,000 - - - - 18,124
William H. Vass (14) 1993 $223,000 $76,391 $299,391 - - - - $15,750
Executive Vice President 1992 206,000 94,000 300,000 - - - - 16,825
and Director 1991 184,000 60,000 244,000 - - - - 15,896
</TABLE>
( ) Years of Service
(1) Amounts in this column include bonuses earned in the applicable year
but paid in a subsequent year.
(2) Amounts in this column include the Corporation's contribution to the
Profit Sharing Plan and the Employee Stock Ownership Plan.
7
<PAGE> 10
The following table summarizes the compensation PAID to the Corporation's five
most highly compensated executive officers during 1993, 1992 and 1991. The
amounts paid differ from the amounts earned due to the timing of bonus
payments.
<TABLE>
<CAPTION>
Name and Principal Position Year Salary Bonus Total
- ---------------------------------------------------------------------
<S> <C> <C> <C> <C>
Howard M. Jenkins (19) 1993 $290,000 $92,000 $382,000
Chairman of the Board, 1992 290,000 80,000 370,000
Chief Executive Officer 1991 290,000 80,000 370,000
Mark C. Hollis (47) 1993 $290,000 $86,250 $376,250
President, Chief 1992 290,000 75,000 365,000
Operating Officer and 1991 290,000 75,000 365,000
Charles H. Jenkins, Jr. (24) 1993 $213,000 $78,990 $291,990
Chairman of the 1992 213,000 70,000 283,000
Executive Committee and 1991 213,000 70,000 283,000
Hoyt R. Barnett (25) 1993 $190,000 $69,000 $259,000
Executive Vice President 1992 190,000 60,000 250,000
and Director 1991 190,000 60,000 250,000
William H. Vass (14) 1993 $223,000 $80,000 $303,000
Executive Vice President 1992 206,000 74,000 280,000
and Director 1991 184,000 60,000 244,000
</TABLE>
8
<PAGE> 11
OTHER COMPENSATION
The Corporation has no defined benefit pension plans. Its two defined
contribution plans, a profit sharing plan and an employee stock ownership plan,
are available to all employees who have completed one year of employment during
which they worked 1,000 hours or more. The Corporation's contribution to the
Profit Sharing Plan is based on 10% of earnings before income taxes and the
profit sharing contribution. An additional 5% of the same earnings is
contributed to the Employee Stock Ownership Plan. The Corporation contributes
additional shares to the Employee Stock Ownership Plan as determined by the
Board of Directors. The Corporation's contributions to these two plans are
allocated to all participants on the basis of compensation and the plans do not
discriminate, in scope, terms, or operation, in favor of officers or directors
of the Corporation. Amounts earned for 1993, 1992 and 1991 under the plans by
the CEO and the four most highly paid executive officers are listed in the
Summary Compensation Table.
The Corporation's group health insurance plan is available to all full-time
employees and qualified part-time employees and the group life insurance plan
and long-term disability plan are available to all full-time employees. These
plans do not discriminate in favor of officers or directors of the Corporation.
All compensation paid to executive officers during 1993, other than cash and
compensation pursuant to the plans described above, does not exceed the minimum
amounts required to be reported pursuant to the Securities and Exchange
Commission rules.
No fees were paid in 1993 for services as director or committee member.
INTEREST OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS
The Corporation paid $1,560,000 in rental payments to George W. Jenkins,
Founder of the Corporation, for leased equipment and fixtures for 13 stores and
paid $240,000 in rental payments to Charles H. Jenkins, Sr., a Director of the
Corporation, for leased equipment and fixtures for two stores. All leases will
expire by October 1996.
During 1993, the Corporation purchased approximately $904,000 of food products
from Alma Food Imports, Inc., a company owned by Julia Jenkins Fancelli, sister
of Howard M. Jenkins. The Corporation also purchased approximately $2,025,000
of food products from suppliers represented by a brokerage company partially
owned by Byron Brown, son of Bennie F. Brown, Vice President and Director of
the Corporation.
During 1993, the Corporation paid approximately $210,000 to the law office of
E.V. McClurg for legal services. E.V. McClurg is a Director and continues to
provide legal services to the Corporation.
In the opinion of management, the terms of these transactions are no less
favorable than terms that could have been obtained from unaffiliated parties.
9
<PAGE> 12
PERFORMANCE GRAPH
The following performance graph sets forth the Corporation's cumulative total
stockholder return during the five years ended December 25, 1993, with the
cumulative total return on the S&P 500 Index and a custom Peer Group Index
including companies in the same line of business (supermarket retail
companies)(1). The Peer Group Index is weighted based on the various companies'
market capitalization. The comparison assumes $100 was invested at the end of
1988 in the Corporation's common stock and in each of the related indices and
assumes reinvestment of dividends.
COMPARISON OF FIVE-YEAR CUMULATIVE RETURN
<TABLE>
<CAPTION>
1988 1989 1990 1991 1992 1993
------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
PUBLIX 100.00 144.29 163.69 170.29 212.16 204.35
S&P 500 100.00 131.69 127.60 166.47 179.15 197.21
PEER GROUP 100.00 131.46 143.46 180.64 178.33 170.96
</TABLE>
(1) Companies included in the peer group are: A&P, Albertsons, American
Stores, Brunos, Food Lion, Giant Foods, Hannaford Bros., Kroger,
Safeway, Smith's Food & Drug, Vons, Weis Markets and Winn-Dixie.
10
<PAGE> 13
COMMITTEES
The Board of Directors has neither a standing compensation nor nominating
committee.
The Board's Audit Committee recommends the independent auditors to be engaged
by the Corporation and reviews with the independent auditors and the internal
auditors the scope and results of their audit work, including their appraisal
of the Corporation's internal accounting controls. Presently, the Audit
Committee consists of Carol J. Barnett, Charles H. Jenkins, Sr., and E.V.
McClurg, Chairman. During 1993, the Committee held two meetings.
BOARD OF DIRECTORS MEETINGS
The Board of Directors held four meetings during 1993. All directors attended
at least 75% of the Corporation's Board of Directors and committee meetings
held in 1993.
RELATIONSHIP WITH INDEPENDENT PUBLIC ACCOUNTANTS
The firm of KPMG Peat Marwick was the Corporation's auditors during 1993. The
Audit Committee will make its recommendation as to the Corporation's auditors
for 1994 later this year.
Representatives of KPMG Peat Marwick will be present at the meeting with an
opportunity to make a statement if they desire to do so and will be available
to respond to appropriate questions.
PROPOSALS OF STOCKHOLDERS
Proposals of stockholders intended to be presented at the 1995 Annual Meeting
of Stockholders must be received at the Corporation's executive offices prior
to December 19, 1994, for consideration for inclusion in the proxy statement
and proxy card relating to that meeting.
OTHER MATTERS THAT MAY COME BEFORE THE MEETING
At the date of this proxy statement the Board of Directors knows of no matter
other than the matters described herein that will be presented for
consideration at the meeting. However, if any other business shall properly
come before the meeting, all proxies signed and returned by stockholders will
be voted in accordance with the best judgment of the persons voting the
proxies.
By order of the Board of Directors:
/s/ S. Keith Billups
- --------------------
S. Keith Billups
Secretary
Dated: March 14, 1994
The Corporation will provide, without charge, a copy of its annual report to
the Securities and Exchange Commission, Form 10-K, for the fiscal year ended
December 25, 1993, upon the written request of any stockholder of record or
beneficial owner at the close of business on March 4, 1994. Requests for such
reports should be directed to S. Keith Billups, P.O. Box 407, Lakeland, Florida
33802.
11
<PAGE> 14
COMMON STOCK
PUBLIX SUPER MARKETS, INC.
PROXY SOLICITED BY THE BOARD OF DIRECTORS FOR THE
ANNUAL MEETING OF STOCKHOLDERS TO BE HELD MAY 17, 1994
The Undersigned hereby appoints Howard M. Jenkins, Mark C. Hollis and Charles
H. Jenkins, Jr. or any of them, as proxy or proxies with power of substitution,
to vote all shares of Common Stock of Publix Super Markets, Inc., which the
undersigned is entitled to vote at the 1994 Annual Meeting of Stockholders, and
at any adjournments thereof, on the following matters:
1. Election of Directors - Carol Jenkins Barnett, Hoyt R. Barnett, W.
Edwin Crenshaw, Mark C. Hollis, Charles H. Jenkins, Jr., Charles H.
Jenkins, Sr., Howard M. Jenkins, Tina P. Johnson, E. V. McClurg and
William H. Vass.
/ / FOR all nominees listed above (except as to those nominees whose
names have been crossed out).
/ / AUTHORITY WITHHELD for all nominees listed above.
2. Other Matters - Unless a line is stricken through this sentence, the
proxies named above may, in their discretion, vote the shares
represented by this proxy card upon such other matters as may
properly come before the Annual Meeting.
The shares represented by this proxy card will be voted only if this proxy card
is properly executed and timely returned. In that event, such shares will be
voted as specified. If no specification is made, the shares will be voted in
favor of items 1 and 2.
The undersigned acknowledges receipt of (1) the Corporation's 1993 Annual
Report to Stockholders and (2) the Corporation's Notice of Annual Meeting and
Proxy Statement dated March 14, 1994 relating to the Annual Meeting. The
undersigned revokes any proxy previously given for the shares represented by
this proxy.
______________ ___________________________ ____________________________
Date Signature Signature if held jointly
/ / If you received an annual report for
this account and request not to,
please mark an (x) in this box.
Stockholders with multiple accounts,
please leave one proxy card unmarked.
/ / I will attend the meeting.
Note: Your signature should appear as your name appears hereon. For shares held
in joint names, each joint owner should sign. If signing as attorney, executor,
administrator, trustee, guardian or other representative capacity, please give
full title as such.
Please mark, sign, date and promptly return this proxy card using the enclosed
envelope.
<PAGE> 15
To Participants of Publix Super Markets, Inc.
Employee Stock Ownership Plan (ESOT)
Please See Last Page of Proxy For Voting Instructions
Important
Dated Material
Dear ESOT Participant:
Our records indicate that you have Employee Stock Ownership Plan (ESOT) shares
which have voting rights at the Publix Super Markets, Inc. Annual Meeting of
Stockholders to be held on May 17, 1994.
The Trustee of the ESOT, William H. Vass, is required to exercise the voting
rights on the shares allocated to your ESOT account in accordance with your
instructions. If William H. Vass, Trustee, does not receive these instructions
from you or you indicate "authority withheld" on the last page of the proxy, he
will not exercise any voting rights for your ESOT shares.
To authorize William H. Vass, Trustee (or his designee), who will attend the
Annual Meeting of Stockholders of Publix Super Markets, Inc. on May 17, 1994,
to vote your ESOT account shares, promptly sign and date the last page of the
proxy. Remove the page along the perforated line and fold. If you received
this proxy at your Publix location, please return this notice through the
unmetered store mail system. The return address has been pre-printed on the
last page of this notice. If this notice was received at an address other than
a Publix location, please return the notice in the self-addressed envelope
provided.
Thank you,
Plan Administrator
Publix Super Markets, Inc.
Dated: March 14, 1994
<PAGE> 16
PUBLIX SUPER MARKETS, INC.
REQUEST FOR VOTING INSTRUCTIONS
IN CONNECTION WITH THE
ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON MAY 17, 1994
The undersigned, a participant or beneficiary in the Publix Super Markets, Inc.
Employee Stock Ownership Plan (ESOT), with respect to all shares of Common
Stock of Publix Super Markets, Inc. (the "Corporation") allocated to the ESOT
account of the undersigned, the voting rights of which are accorded to the
undersigned under the ESOT (Account Shares), does hereby request and instruct
William H. Vass, Trustee, or the Trustee's designee, to attend the Annual
Meeting of Stockholders of the Corporation to be held on May 17, 1994 and any
adjournments thereof and to vote all the Account Shares which are entitled to
vote at the Annual Meeting, in any manner and with the same effect as if the
undersigned were the record owner of the Account Shares. The undersigned
authorizes and instructs the Trustee or his designee to vote as follows:
1. Election of Directors - Carol Jenkins Barnett, Hoyt R. Barnett, W.
Edwin Crenshaw, Mark C. Hollis, Charles H. Jenkins, Jr., Charles H.
Jenkins, Sr., Howard M. Jenkins, Tina P. Johnson, E. V. McClurg and
William H. Vass.
/ / FOR all nominees listed above (except as to those nominees whose
names have been crossed out).
/ / AUTHORITY WITHHELD for all nominees listed above.
2. Other Matters - Unless a line is stricken through this sentence, the
Trustee (or the Trustee's designee) is directed in such person's
discretion to vote the Account Shares upon such other matters as may
properly come before the Annual Meeting.
The Account Shares will be voted only if this proxy card is properly executed
and timely returned. In that event, such shares will be voted in the manner
specified. If no specification is made, the shares will be voted in favor of
items 1 and 2.
The undersigned acknowledges receipt of (1) the Corporation's 1993 Annual
Report to Stockholders and (2) the Corporation's Notice of Annual Meeting and
Proxy Statement dated March 14, 1994 relating to the Annual Meeting. The
undersigned revokes any proxy previously given for the Account Shares.
________________ ________________________________________________________
Date Signature
Note: Your signature should appear as your name appears on the reverse side. If
signing as attorney, executor, administrator, trustee, guardian or other
representative capacity, please give full title as such.
/ / I WILL ATTEND THE MEETING.
(Promptly sign and date then remove from proxy, fold and return either through
the unmetered mail system or in the enclosed envelope.)
Return to:
Retirement Department
Publix Corporate Office
Lakeland
