SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
July 31, 2000
THE GOLDMAN SACHS GROUP, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware No. 001-14965 No. 13-4019460
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(State or Other Jurisdic- (Commission (IRS Employer
tion of Incorporation) File Number) Identification
No.)
85 Broad Street
New York, New York 10004
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (212) 902-1000
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On July 31, 2000, the Shareholders' Committee under the Shareholders'
Agreement, dated May 7, 1999 (the "Shareholders' Agreement"), among The Goldman
Sachs Group, Inc. ("GS Inc.") and the Covered Persons listed on Appendix A
thereto, waived the PLP Transfer Restrictions (as defined in the Shareholders'
Agreement) solely to permit certain former profit participating limited partners
of The Goldman Sachs Group, L.P. to pledge a portion of their shares of the
common stock, par value $.01 per share (the "Common Stock"), of GS Inc. to
obtain approximately $400,000,000 in loan commitments to make investments from
time to time in certain merchant banking funds sponsored by GS Inc. The loan
commitments are for five years, may be drawn upon from time to time and
generally require that any loans be collateralized by shares of Common Stock
with a market value four times that of the amount borrowed.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE GOLDMAN SACHS GROUP, INC.
(Registrant)
Date: July 31, 2000 By: /s/ Esta E. Stecher
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Name: Esta E. Stecher
Title: Vice President
