<PAGE> 1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
WHOLE FOODS MARKET, INC.
------------------------
(Name of Issuer)
COMMON STOCK
------------
(Title of Class of Securities)
966837106
--------------
(CUSIP Number)
George P. Stamas, Esq.
Wilmer, Cutler & Pickering
2445 M Street, N.W.
Washington, D.C. 20037
----------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
(Date of Event which Requires Filing of this Statement)
August 30, 1996
---------------
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the 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 the statement /X/. (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).
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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).
<PAGE> 2
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 2 OF 14 PAGES
-----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlyle-FFM Partners, L.P. 54-1693785
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
688,794
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 688,794
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
688,794
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.60%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 3 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlyle-FFM Partners II, L.P. 54-1693782
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
385,079
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 385,079
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
385,079
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.01%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 4 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlyle-FFM Partners III, L.P. 54-1693784
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
54,692
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 54,692
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
54,692
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.29%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 5 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlyle-FFM Investors, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
Cayman Islands, British West Indies
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
100,486
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 100,486
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,486
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.53%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 6
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 6 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlyle-FFM Partners VI, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
219,055
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 219,055
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
219,055
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.14%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 7
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 7 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CG-FFM Management, L.P. 54-1693781
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,448,106
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,448,106
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,448,106
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.57%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 8
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 8 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TC Group, L.L.C. 54-1686957
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,453,928
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,453,928
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,453,928
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.60%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO (limited liability company)
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 9
SCHEDULE 13D
CUSIP NO. 966837106 PAGE 9 OF 14 PAGES
----------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TCG Holdings, L.L.C. 54-1686011
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,453,928
NUMBER OF -------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,453,928
PERSON
WITH -------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,453,928
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.60%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO (limited liability company)
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
<PAGE> 10
Page 10 of 14 Pages
This Schedule 13D is filed by and on behalf of Carlyle-FFM Partners,
L.P., Carlyle-FFM Partners II, L.P., Carlyle-FFM Partners III, L.P., Carlyle-FFM
Investors, L.P., Carlyle-FFM Partners VI, L.P., CG FFM Management, L.P., TC
Group, L.L.C., and TCG Holdings, L.L.C. (collectively the "Reporting Persons").
As described more fully in Item 4 below, the Reporting Persons are filing this
Schedule 13D pursuant to Rule 13d-1(a) as a result of the merger between Fresh
Fields Markets, Inc. ("FFM"), a Delaware corporation, and Whole Foods Market,
Inc., a Texas corporation (the "Issuer"), pursuant to which the capital stock of
FFM was converted into shares of common stock of the Issuer.
ITEM 1. SECURITY AND ISSUER.
This Schedule 13D relates to shares of common stock, no par value
(the "Common Stock") of the Issuer. The principal executive office and mailing
address of the Issuer is 601 N. Lamar, Suite 300, Austin, Texas 78703.
ITEM 2. IDENTITY AND BACKGROUND.
Each of Carlyle-FFM Partners, L.P., Carlyle-FFM Partners II, L.P.,
Carlyle-FFM Partners III, L.P., and Carlyle-FFM Partners VI, L.P. (collectively
with Carlyle-FFM Investors, L.P., the "Partnerships") is a limited partnership
whose principal business is investing in securities and whose principal office
is: c/o The Carlyle Group, 1001 Pennsylvania Avenue, N.W., Suite 220 South,
Washington, D.C. 20004-2505. Carlyle-FFM Investors, L.P. is a limited
partnership whose principal business is investing in securities and whose
principal office is: c/o Maples & Calder, P.O. Box 309, Grand Cayman, Cayman
Islands, British West Indies. CG FFM Management, L.P., whose principal office
is: c/o The Carlyle Group, 1001 Pennsylvania Avenue, N.W., Suite 220 South,
Washington, D.C. 20004-2505, is the general partner of each of the
Partnerships other than Carlyle-FFM Investors, L.P. TC Group, L.L.C. is the
general partner of CG FFM Management, L.P. and Carlyle-FFM Investors, L.P. The
managing member of TC Group, L.L.C. is TCG Holdings, L.L.C. The principal
office of both TC Group, L.L.C. and TCG Holdings, L.L.C. is: c/o The Carlyle
Group, 1001 Pennsylvania Avenue, N.W., Suite 220 South, Washington, D.C.
20004-2505.
The names of the managing members of TCG Holdings, L.L.C., their
business addresses, citizenship and principal occupation are as follows:
<TABLE>
<CAPTION>
Name and Office Held Business Address Citizenship
-------------------- ---------------- ------------
<S> <C> <C>
William E. Conway, Jr., c/o The Carlyle Group, 1001 USA
Executive Vice President Pennsylvania Avenue, N.W., Suite 220,
and Managing Director Washington, D.C. 20004-2505
Daniel A. D'Aniello, c/o The Carlyle Group, 1001 USA
Executive Vice President Pennsylvania Avenue, N.W., Suite 220,
and Managing Director Washington, D.C. 20004-2505
Frank C. Carlucci III c/o The Carlyle Group, 1001 USA
Chairman Pennsylvania Avenue, N.W., Suite 220,
and Managing Director Washington, D.C. 20004-2505
James A. Baker III c/o The Carlyle Group, 1001 USA
Senior Counsellor Pennsylvania Avenue, N.W., Suite 220,
and Managing Director Washington, D.C. 20004-2505
Richard G. Darman c/o The Carlyle Group, 1001 USA
Executive Vice President Pennsylvania Avenue, N.W., Suite 220,
and Managing Director Washington, D.C. 20004-2505
David M. Rubenstein, c/o The Carlyle Group, 1001 USA
President and Pennsylvania Avenue, N.W., Suite 220,
Managing Director Washington, D.C. 20004-2505
</TABLE>
* * *
To the best knowledge of the Reporting Persons, none of the entities
or persons identified in this Item 2 has, during the past five years, been
convicted of any criminal proceeding (excluding traffic violations or similar
misdemeanors), nor been a party to a civil proceeding of a judicial or
administrative body of 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 prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
<PAGE> 11
Page 11 of 14 Pages
The Common Stock acquired by the Reporting Persons was acquired
pursuant to a merger between FFM and the Issuer in which all of Reporting
Persons' shares of FFM capital stock were converted into Common Stock.
ITEM 4. PURPOSE OF TRANSACTION.
As explained in Item 3, the shares of Common Stock were acquired by
the Reporting Persons as a result of a merger between FFM and the Issuer. The
plan of merger was approved by the shareholders of FFM (including the Reporting
Persons) by written consent. As a result of transactions contemplated by the
merger agreement, one person designated by the Reporting Persons (Mr. David
Dupree, a managing director of TC Group, L.L.C.) has been appointed to the board
of directors of the Issuer.
The Reporting Persons acquired the Common Stock for investment
purposes. Depending upon market conditions and other factors, the Reporting
Persons may acquire additional securities of the Issuer, in the open market, in
privately negotiated transactions or otherwise. Alternatively, depending upon
market conditions and other factors, such Reporting Persons may, from time to
time, dispose of some or all of the securities of the Issuer that they
beneficially own.
Other than as set forth in this statement, the Reporting Persons do
not have any present plans or proposals that relate to or would result in any of
the consequences listed in paragraphs (a)-(j) of Item 4 of Schedule 13D, or any
agreement regarding such matters, although they may in the future take actions
which would have such consequences.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a), (b) See pages 2-8 of this Schedule 13D. The managing members
of TCG Holdings, L.L.C. may be deemed to share beneficial ownership of any
shares of Common Stock beneficially owned by TCG Holdings, L.L.C. Such
individuals disclaim any such beneficial ownership.
(c) Except for the acquisition by merger described in Item 4, the
Reporting Persons have engaged in no transaction involving the Common Stock for
the 60 days prior to the date of the event requiring the filing of this
statement
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Pusuant to the terms of the Merger Agreement by and among the Issuer,
Whole Foods Market Mid-Atlantic, Inc., a Delaware corporation wholly owned by
the Issuer, and FFM, dated as of June 17, 1996 (the "Merger Agreement"), and
letters dated as of August 30, 1996, the Partnerships have agreed not to sell,
transfer or otherwise dispose of any shares of the Common Stock of the Issuer,
issued pursuant to the merger between FFM and the Issuer, that are held by the
Partnerships or their affiliates as of the closing date of the merger or any
shares of the Common Stock of the Issuer that are acquired by the Partnerships
or their affiliates after the date of the merger pursuant to the exercise of
stock options (such shares being collectively referred to as the "Restricted
Shares") (1) except in accordance with the applicable provisions of the
Securities Act and the rules and regulations thereunder and (2) until such time
as financial results covering at least 30 days of combined operations of the
Issuer and FFM have been published.
Pursuant to the terms of the Merger Agreement and the Registration
Rights Agreement by and among the Issuer, the Partnerships, and certain of the
FFM shareholders associated with Goldman, Sachs & Co. and Tiger Management
Corp., commencing 90 days after the effective date of the merger, parties to the
Merger Agreement who hold at least 800,000 shares of Common Stock received in
connection with the merger have the right to require the Issuer, at its expense
(other than underwriting discounts and selling commissions), to file a
registration statement with the Securities and Exchange Commission under the
Securities Act covering all or part of their shares of Common Stock in order to
permit such persons to resell their respective shares. The Issuer's obligation
under the terms of the Registration Rights Agreement is limited to three demand
registrations. The agreement also gives each of the parties and all other
former FFM shareholders, warrant holders and certain option holders unlimited
"piggyback" registration rights, subject to customary underwriters' outs and
carve-backs.
In addition, the Partnerships, GS Capital Partners, L.P., Stone
Street Fund 1992, L.P., Stone Street Fund 1993, L.P., Bridge Street Fund 1992,
L.P., Bridge Street Fund 1993, L.P., Lynx Capital, L.P., Lynx Oversees Capital,
L.P., Puma, L.P., and Steven F. Mandel, Jr., shareholders of FFM who
collectively held approximately 67% of the FFM shares on a fully diluted basis
prior to the merger, have agreed with the Issuer not to acquire or assist,
advise or encourage any other persons in acquiring, directly or
<PAGE> 12
Page 12 of 14 Pages
indirectly, control of the Issuer or any of the Issuer's securities (other than
the Issuer's shares exchanged pursuant to the merger), businesses or assets for
a period of three years, without the prior consent of the Issuer.
FFM has agreed in the Merger Agreement to indemnify the Issuer from
certain specified damages and losses incurred by the Issuer. In order to secure
the indemnification obligation of FFM under the Merger Agreement, the actual
number of shares of the Issuer issued or reserved under the Merger Agreement to
the holders of FFM shares is subject to the requirement that 5% of the shares
being issued be placed in escrow and used to satisfy any claims made by the
Issuer, pursuant to the terms of the Merger Agreement and the Escrow Agreement,
dated August 30, 1996, among the Issuer, GS Capital Partners, L.P. and Texas
Commerce Bank, N.A., as escrow agent (the "Escrow Agent"). The Escrow Agent
will hold the escrowed shares for twelve months from the date of the effective
time of the merger.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A -- Joint Filing Undertaking.
<PAGE> 13
Page 13 of 14 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
September 9, 1996
<TABLE>
<S> <C>
CARLYLE-FFM PARTNERS, L.P. CARLYLE-FFM PARTNERS II, L.P.
By: CG-FFM MANAGEMENT, L.P., its General Partner By: CG-FFM MANAGEMENT, L.P., its General Partner
By: TC GROUP, L.L.C., its General Partner By: TC GROUP, L.L.C., its General Partner
By: /s/ David W. Dupree By: /s/ David W. Dupree
------------------------ ------------------------
Name: David Dupree Name: David Dupree
Title: Managing Director Title: Managing Director
CARLYLE-FFM PARTNERS III, L.P. CARLYLE-FFM INVESTORS, L.P.
By: CG-FFM MANAGEMENT, L.P., its General Partner By: TC GROUP, L.L.C., its General Partner
By: TC GROUP, L.L.C., its General Partner
By: /s/ David W. Dupree
-------------------------
By: /s/ David W. Dupree Name: David Dupree
------------------------ Title: Managing Director
Name: David Dupree
Title: Managing Director
CARLYLE-FFM PARTNERS VI, L.P. TC GROUP, L.L.C.
By: CG-FFM MANAGEMENT, L.P., its General Partner By: TCG HOLDINGS, L.L.C., its Managing Member
By: TC GROUP, L.L.C., its General Partner
By: /s/ David W. Dupree
-----------------------
Name: David Dupree
By: /s/ David W. Dupree Title: Vice President
------------------------
Name: David Dupree
Title: Managing Director
TCG HOLDINGS, L.L.C.
By: /s/ David W. Dupree
----------------------
Name: David Dupree
Title: Vice President
</TABLE>
<PAGE> 14
Page 14 of 14 Pages
EXHIBIT A
JOINT FILING UNDERTAKING
The undersigned, being duly authorized thereunto, hereby execute this
agreement as an exhibit to the Schedule 13D to evidence the agreement of
the below-named parties, in accordance with the rules promulgated pursuant
to the Securities Exchange Act of 1934, to file this Schedule jointly on
behalf of each such party.
September 9, 1996
<TABLE>
<S> <C>
CARLYLE-FFM PARTNERS, L.P. CARLYLE-FFM PARTNERS II, L.P.
By: CG-FFM MANAGEMENT, L.P., its General Partner By: CG-FFM MANAGEMENT, L.P., its General Partner
By: TC GROUP, L.L.C., its General Partner By: TC GROUP, L.L.C., its General Partner
By: /s/ David W. Dupree By: /s/ David W. Dupree
------------------------ ------------------------
Name: David Dupree Name: David Dupree
Title: Managing Director Title: Managing Director
CARLYLE-FFM PARTNERS III, L.P. CARLYLE-FFM INVESTORS, L.P.
By: CG-FFM MANAGEMENT, L.P., its General Partner By: TC GROUP, L.L.C., its General Partner
By: TC GROUP, L.L.C., its General Partner
By: /s/ David W. Dupree
------------------------
By: /s/ David W. Dupree Name: David Dupree
------------------------ Title: Managing Director
Name: David Dupree
Title: Managing Director
CARLYLE-FFM PARTNERS VI, L.P. TC GROUP, L.L.C.
By: CG-FFM MANAGEMENT, L.P., its General Partner By: TCG HOLDINGS, L.L.C., its Managing Member
By: TC GROUP, L.L.C., its General Partner
By: /s/ David W. Dupree
---------------------
Name: David Dupree
By: /s/ David W. Dupree Title: Vice President
-------------------------
Name: David Dupree
Title: Managing Director
TCG HOLDINGS, L.L.C.
By: /s/ David W. Dupree
----------------------
Name: David Dupree
Title: Vice President
</TABLE>
