<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ____ )
SMITH'S FOOD & DRUG CENTERS, INC.
-----------------------------------------------------------
(Name of Issuer)
Class B Common Stock, $0.01 par value
--------------------------------------------------------
(Title of Class of Securities)
83238810
---------------------------------------------------
(CUSIP Number)
Mr. James T. Byrne, Jr.
Office of the Secretary
Bankers Trust New York Corporation
280 Park Avenue, New York, NY 10017
Tel. (212) 250-1869
-----------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 17 , 1996*
-----------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
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 this statement [ X ]. (A
fee is not required 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.)
See Item 5.
Exhibit Index on Page 23
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SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C> <C>
CUSIP NO. 83238810
- --------------------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BT Holdings (New York), Inc.
EIN No. 13-3553005
- --------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[X]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 235,200
BENEFICIALLY ------------------------------------------------------------------------
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
------------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
235,200
------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
235,200
- ---------------------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.21%
- ---------------------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
- ---------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C> <C>
CUSIP NO. 83238810
- --------------------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bankers Trust International plc
- --------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 1
BENEFICIALLY ------------------------------------------------------------------------
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
------------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
1
------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1
- ---------------------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
N/A
- ---------------------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
- ---------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C> <C>
CUSIP NO. 83238810
- --------------------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BT Securities Corporation
EIN No. 13-3311934
- --------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[X]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 7,529
BENEFICIALLY ------------------------------------------------------------------------
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
------------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
7,529
------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,529
- ---------------------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.07%
- ---------------------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
BD
- ---------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
<S> <C> <C>
CUSIP NO. 83238810
- --------------------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bankers Trust New York Corporation EIN No. 13-6180473
- --------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
- --------------------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[X]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 427,669*
BENEFICIALLY ------------------------------------------------------------------------
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
------------------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
0*
------------------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
427,669*
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
427,669*
- ---------------------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.03*
- ---------------------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
- ---------------------------------------------------------------------------------------------
</TABLE>
- ---------------
*Bankers Trust International plc is an indirect wholly-owned subsidiary of
Bankers Trust New York Corporation. BT Holdings (New York), Inc. and BT
Securities Corporation are direct wholly-owned subsidiaries of Bankers
Trust New York Corporation. As a result, in addition to the shares of Class
B Common Stock beneficially owned directly by Bankers Trust New York
Corporation, Bankers Trust New York Corporation also may be deemed to be
the indirect beneficial owner of the shares of Class B Common Stock
beneficially owned by BT Holdings (New York), Inc., BT Securities
Corporation and Bankers Trust International plc.
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<PAGE>
SMITH'S FOOD & DRUG CENTERS, INC.
SECURITY AND ISSUER.
This statement relates to the Class B Common Stock, par value $.01
per share ("Class B Common Stock"), of Smith's Food & Drug Centers, Inc., a
Delaware corporation (the "Issuer"). The principal executive offices of the
Issuer are located at 1550 South Redwood Road, Salt Lake City, Utah 84104.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2(a) through (c); Item 2(f).
--------------------------------
This statement is being filed by (i) BT Holdings (New York), Inc.,
a New York corporation ("BTH"), with respect to the shares of Class B Common
Stock held by it as principal; (ii) Bankers Trust International plc, a United
Kingdom company ("BTI"), with respect to the share of Class B Common Stock
beneficially owned by it as principal; (iii) BT Securities Corporation, a
Delaware corporation ("BT Securities"), with respect to the shares of Class B
Common Stock beneficially owned by it as principal; and (iv) Bankers Trust New
York Corporation, a New York corporation ("BTNY"), with respect to the shares of
Class B Common Stock beneficially owned by it as principal, and which as a
parent of each of BTH, BTI and BT Securities may be deemed to be the indirect
beneficial owner of the shares of Class B Common Stock owned by BTH, BTI and BT
Securities.
BTH is a wholly-owned subsidiary of BTNY. BTI is an indirect
wholly-owned subsidiary of BTNY through other wholly-owned subsidiaries. BT
Securities is a wholly-owned subsidiary of BTNY. Each of BTH, BTI, BTNY and BT
Securities is referred to from time to time as a "Purchaser". Attached hereto as
Annex A is a chart showing the ownership relationship among the Purchasers.
BTNY is a registered bank holding company. The principal business
of BTH is to hold investments for BTNY. The principal business of BTI is as a
United Kingdom bank. The principal business of BT Securities is as a broker-
dealer.
The address of the principal business and principal office of BTH
and BT Securities is 130 Liberty Street, New York, New York 10006. The address
of the principal business and principal office of BTNY is 280 Park Avenue, New
York, New York 10017. The address of the principal business and principal office
of BTI is 1 Appold Street, Broadgate, London, EC2A 2HE.
The name, citizenship, business or residence address, principal
occupation or employment, and name, principal business and address of any
corporation or organization in which such employment is conducted of each
director and executive officer of each Purchaser is set forth in Annex B
attached hereto and incorporated into this Item 2 by reference.
Items 2(d) and (e).
------------------
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Except as disclosed in Annex C hereto, no Purchaser, or, to the
knowledge of any Purchaser, any of the persons identified in Annex B, have
during the past five years been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or 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.
BTH acquired the 235,200 shares of Class B Common Stock reported
herein as principal, using its working capital to acquire such shares of Class B
Common Stock.
BTI acquired the 1 share of Class B Common Stock reported herein as
principal, using its working capital to acquire such shares of Class B Common
Stock.
BT Securities acquired the 7,529 shares of Class B Common Stock
reported herein as principal, using its working capital to acquire such shares
of Class B Common Stock.
BTNY acquired the 427,669 shares of Class B Common Stock reported
herein as principal, using its working capital to acquire such shares of Class B
Common Stock.
ITEM 4. PURPOSE OF TRANSACTION.
The Purchasers have acquired the shares of Class B Common Stock
reported herein for investment purposes. See also Item 6.
As of the date of this Statement on Schedule 13D, none of the
Purchasers has any present plans or proposals which relate to or would result in
the events described in parts (a) through (j) of Item 4 of Schedule 13D.
The Purchasers expect to evaluate on an ongoing basis the Issuer's
financial condition and prospects and their respective interests in, and
intentions with respect to, the Issuer. Each of the Purchasers reserves the
right to change its plans and intentions at any time, as it deems appropriate.
In particular, each of the Purchasers may at any time and from time to time
acquire additional shares of Class B Common Stock or securities convertible or
exchangeable for Class B Common Stock and may dispose of shares of Class B
Common Stock. Any such transactions may be effected at any time and from time to
time. To the knowledge of the Purchasers, each of the persons listed on Annex B
hereto may make the same evaluation and may have the same reservations.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
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(a) BTH beneficially owns 235,200 shares of Class B Common Stock as
principal, constituting 2.21% of the issued and outstanding shares of Class B
Common Stock of the Issuer. BTI beneficially owns 1 share of Class B Common
Stock as principal.
BT Securities beneficially owns 7,529 shares of Class B Common
Stock as principal, constituting .07% of the issued and outstanding shares of
Class B Common Stock.
BTNY beneficially owns 427,669 shares of Class B Common Stock as
principal, constituting 4.03% of the issued and outstanding shares of Class B
Common Stock. As a parent of each of the Purchasers, BTNY also may be deemed to
be the indirect beneficial owner of the shares of Class B Common Stock owned by
each of the other Purchasers.
To the best knowledge and belief of the Purchasers, none of the
persons listed on Annex B hereto beneficially owns any shares of Class B Common
Stock.
(b) Each Purchaser has sole power to vote and dispose of the shares
of Class B Common Stock beneficially owned by it.
(c) Annex D hereto sets forth all transactions in shares of Class B
Common Stock that were effected during the past sixty days by the persons
referred to in paragraph (a).
(d) No person other than the persons described in paragraph (a) has
the right to receive or the power to direct the receipt of dividends from, or
the proceeds from the sale of, the Class B Common Stock beneficially owned by
it.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
In connection with a recapitalization of the Issuer in May 1996,
the Issuer issued its Senior Subordinated Notes (the "Notes") in the aggregate
principal amount of $575 million. The Notes were offered and sold in an
underwritten public offering in which BT Securities acted as as one of the
underwriters. BT Securities makes a market in the Notes as of the date hereof.
Bankers Trust Company, a direct subsidiary of BTNY and the parent
of BTI ("BTCo."), and Chase Manhattan arranged for a term loan and working
capital facility in an aggregate of $995 million (the "Credit Facility") for the
Issuer in connection with the recapitalization of the Issuer. BTCo. is the
administrative agent of and a lender under the Credit Facility. The credit
agreement contains various affirmative and negative covenants which restrict the
Issuer's
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business and operations, including the payment of dividends, the acquisition
and issuance of equity securities and mergers, consolidations, and sales or
other dispositions of assets.
BTNY and certain of its affiliates, in the ordinary course of its
business, have purchased some of the shares of the Class B Common Stock included
in the aggregate securities described in this filing as part of its hedging
strategy involving certain cash settled client derivative transactions. None of
these derivative transactions give the counterparty the power to direct the vote
or the power to direct the disposition of any of the shares of the Class B
Common Stock that are beneficially owned by BTNY.
No Purchaser is a party to any other contract, arrangement,
understanding or relationship involving the shares of Class B Common Stock or
other securities of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
7.01. Joint filing statement pursuant to Rule 13d-1(f)(1).
SIGNATURE
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.
Date: September 27, 1996
Signature: BANKERS TRUST NEW YORK CORPORATION
By: s/ James T. Byrne, Jr.
----------------------------
Name: James T. Byrne, Jr.
Title: Senior Vice President
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<PAGE>
ANNEX A
BANKERS TRUST NEW YORK CORPORATION
Owns 100% of Owns 100% of Owns 100% of
BT Securities Corporation Bankers Trust Company BT Holdings (New York), Inc.
Owns 100% of
Bankers International
Corporation
Owns 100% of
BT Holdings (Europe)
Ltd.
Owns 100% of
BT Holdings (UK) Ltd.
Owns 100% of
Bankers Trust
International plc
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<PAGE>
ANNEX B
BANKERS TRUST NEW YORK CORPORATION
The following sets forth the name, mailing address, occupation or
principal business affiliation and citizenship of each director and executive
officer of BTNY. To the best knowledge and belief of BTNY, none of the following
persons beneficially owns any shares of Class B Common Stock.
<TABLE>
<CAPTION>
Occupation or Principal
Name and Mail Address Business Affiliation Citizenship
- --------------------- -------------------- -----------
<S> <C> <C>
DIRECTORS
---------
George B. Beitzel Retired Senior Vice President and U.S.
29 King Street Director
Chappaqua, NY 10514-3432 International Business Machines
Corporation
Phillip A. Griffiths Chairman U.S.
Institute for Advanced Study Institute for Advanced Study
Olden Lane
Princeton, NJ 08540
William R. Howell Chairman of the Board U.S.
J.C. Penney Company, Inc. J.C. Penney Company, Inc.
P.O. Box 10001
Dallas, TX 75301-0001
Jon M. Huntsman Chairman and Chief Executive Officer U.S.
Huntsman Corporation Huntsman Chemical Corporation
500 Huntsman Way
Salt Lake City, UT 84108
Vernon E. Jordan, Jr. Senior Partner U.S.
Akin, Gump, Strauss, Hauer & Feld, Akin, Gump, Strauss, Hauer & Feld, LLP
LLP
1333 New Hampshire Avenue, N.W.
Suite 400
Washington D.C. 20036
</TABLE>
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<TABLE>
<CAPTION>
<S> <C> <C>
Hamish Maxwell Retired Chairman and Chief Executive U.S.
Philip Morris Companies, Inc. Officer
100 Park Avenue Philip Morris Companies Inc.
New York, NY 10017
Frank N. Newman Chairman of the Board and Chief U.S.
Bankers Trust Company Executive Officer and President
130 Liberty Street Bankers Trust Company;
New York, NY 10006 Chairman of the Board and Chief
Executive Officer and President
Bankers Trust New York Corporation
N.J. Nicholas Jr. Investor U.S.
15 West 53rd Street, #34F
New York, NY 10019
Russell E. Palmer Chairman and Chief Executive Officer U.S.
The Palmer Group The Palmer Group
3600 Market Street
Suite 530
Philadelphia, PA 19104
Donald L. Staheli Chairman and Chief Executive Officer U.S.
Continental Grain Company United States Continental Grain Company
277 Park Avenue, 50th Floor
New York, NY 10172
Patricia Carry Stewart Former Vice President U.S.
Bankers Trust Company The Edna McConnell Clark Foundation
c/o Office of the Secretary
130 Liberty Street
New York, NY 10006
George J. Vojta Vice Chairman U.S.
Bankers Trust Company Bankers Trust Company and
130 Liberty Street Bankers Trust New York Corporation
New York, NY 10006
Paul A. Volcker Former Chairman U.S.
599 Lexington Avenue, 40th Floor Wolfensohn & Co., Inc.
New York, New York 10022
EXECUTIVE OFFICERS
------------------
Geoffrey M. Fletcher Managing Director and Principal U.S.
Bankers Trust Company Accounting Officer
130 Liberty Street Bankers Trust Company;
New York, NY 10006 Senior Vice President and Principal
Accounting Officer
Bankers Trust New York Corporation
</TABLE>
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<TABLE>
<S> <C> <C>
Joseph A. Manganello, Jr. Managing Director and Chief Credit U.S.
Bankers Trust Company Officer
130 Liberty Street Bankers Trust Company;
New York, NY 10006 Executive Vice President and Chief
Credit
Officer
Bankers Trust New York Corporation
Richard H. Daniel Managing Director, Chief Financial U.S.
Bankers Trust Company Officer and Controller
130 Liberty Street Bankers Trust Company;
New York, NY 10006 Executive Vice President, Chief
Financial
Officer and Controller
Bankers Trust New York Corporation
Melvin A. Yellin Managing Director and General Counsel U.S.
Bankers Trust Company Bankers Trust Company;
130 Liberty Street Executive Vice President and General
New York, NY 10006 Counsel
Bankers Trust New York Corporation
Mark Bieler Managing Director U.S.
Bankers Trust Company Bankers Trust Company;
130 Liberty Street Executive Vice President
New York, NY 10006 Bankers Trust New York Corporation
Christian Marie Yves De Balmann Chairman U.S., France
Bankers Trust Company Bankers Trust International PLC;
1 Appold Street Managing Director
Broadgate, 4th Floor Bankers Trust Company;
London, EC2A 2HE Senior Vice President
Bankers Trust New York Corporation
R. Kelly Doherty Managing Director U.S.
Bankers Trust Company Bankers Trust Company;
130 Liberty Street Senior Vice President
New York, NY 10006 Bankers Trust New York Corporation
Robert A. Ferguson Executive Vice President Australia
Bankers Trust Australia Limited Bankers Trust Australia Limited;
Level 15, The Chifley Tower Managing Director
2 Chifley Square Bankers Trust Company;
Sydney, N.S.W. 2000 Senior Vice President
Australia Bankers Trust New York Corporation
Alexander P. Frick Managing Director U.S.
Bankers Trust Company Bankers Trust Company;
130 Liberty Street Senior Vice President
New York, NY 10006 Bankers Trust New York Corporation
</TABLE>
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<TABLE>
<S> <C> <C>
B.J. Kingdon Managing Director U.S.
Bankers Trust Company Bankers Trust Company;
130 Liberty Street Senior Vice President
New York, NY 10006 Bankers Trust New York Corporation
Ian Martin Executive Vice President Australia
Bankers Trust Australia Limited Bankers Trust Australia Limited;
Level 15, The Chifley Tower Senior Vice President
2 Chifley Square Bankers Trust New York Corporation
Sydney, N.S.W. 2000
Australia
Rodney A. McLauchlan Managing Director U.S.
BT Securities Corporation BT Securities Corporation;
130 Liberty Street Senior Vice President
New York, NY 10006 Bankers Trust New York Corporation
Timothy S. Rattray Managing Director U.S.
Bankers Trust Company Bankers Trust Company;
Two Pacific Place Senior Vice President
36th Floor Bankers Trust New York Corporation
88 Queensway
Hong Kong
J. Edward Virtue Managing Director U.S.
BT Securities Corporation BT Securities Corporation;
130 Liberty Street Senior Vice President
New York, NY 10006 Bankers Trust New York Corporation
</TABLE>
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<PAGE>
BANKERS TRUST INTERNATIONAL PLC
The following sets forth the name, mailing address, occupation or
principal business affiliation and citizenship of each director and executive
officer of BTI. To the best knowledge and belief of BTI, none of the following
persons beneficially owns any shares of Class B Common Stock.
<TABLE>
<CAPTION>
Name and Mail Address Occupation or Principal Citizenship
- --------------------- Business Affiliation -----------
--------------------
<S> <C> <C>
Christian Marie Yves Chairman; U.S., France
De Balmann Managing Director
Bankers Trust Company Bankers Trust Company;
1 Appold Street Senior Vice President
Broadgate, 4th Floor Bankers Trust New York Corporation
London, EC2A 2HE
Philippe Souviron Vice Chairman, France
Bankers Trust Company Head of Client Coverage Europe and
1 Appold Street European County Management
Broadgate, 4th Floor
London, EC2A 2HE
Brian R. Cook President and Chief Operating Officer, U.K.
Bankers Trust Company Executive Director, Head of Global
1 Appold Street Network Management and Control, Head
Broadgate, 4th Floor of Global Real Estate and Security
London, EC2A 2HE
Achilles O. Macris Executive Director, Head of FX Client U.S.
Bankers Trust Company Trading Services
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
Stephen J. Harper Executive Director, Head of Financial Canada
Bankers Trust Company Institutions Merchant Bank (Canadian)
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
</TABLE>
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<TABLE>
<S> <C> <C>
Yoav Tamir Executive Director, Head of Market Risk Israel
Bankers Trust Company London
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
Nicholas C. Riley Executive Director, Head of Financial U.K.
Bankers Trust Company Services Ops. London
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
Paul D. Smith Executive Director, Head of Product U.S.
Bankers Trust Company Control, Investment Banking & Risk
1 Appold Street Management
Broadgate, 4th Floor
London, EC2A 2HE
Alan Greatbatch Executive Director, Compliance Officer, U.K.
Bankers Trust Company Head of Compliance Europe
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
Nicholas D. Harrison Executive Director, Global Network U.K.
Bankers Trust Company Management and Control Europe
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
Andrew M. Graham Executive Director, Controller, U.K.
Bankers Trust Company Controller Europe
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
Matthew J. Hale Executive Director, Treasury Europe U.K.
Bankers Trust Company
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
William G. Ronai Executive Director, Credit Europe U.S.
Bankers Trust Company
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
</TABLE>
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<TABLE>
<S> <C> <C>
Graham Clempson Executive Director, Head of Structured U.K.
Bankers Trust Company Finance, London
1 Appold Street
Broadgate, 4th Floor
London, EC2A 2HE
</TABLE>
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<PAGE>
BT SECURITIES CORPORATION
The following sets forth the name, mailing address, occupation or
principal business affiliation and citizenship of each director and executive
officer of BT Securities. To the best knowledge and belief of BT Securities,
none of the following persons beneficially owns any shares of Class B Common
Stock.
<TABLE>
<CAPTION>
Name and Mailing Address Occupation or Principal Citizenship
- ------------------------ Business Affiliation -----------
--------------------
<S> <C> <C>
DIRECTORS
---------
Howard M. Schneider President and CEO U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
Marie Bitetti Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
Geralyn A. Fitzgerald Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
Kevin R. Flach Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
David W. Gittings Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
Liberty Street
New York, New York 10006
Richard M. Gunthel Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
John P. Hardt Director, Vice President, U.S.
BT Securities Corporation Treasurer
130 Liberty Street BT Securities Corporation
New York, New York 10006
</TABLE>
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<PAGE>
<TABLE>
<S> <C> <C>
Terence J. Mogan Director, Managing U.S.
BT Securities Corporation Director,
130 Liberty Street Chief Credit Officer
New York, New York 10006 BT Securities Corporation
Thomas Quane Director, Managing U.S.
BT Securities Corporation Director,
130 Liberty Street Controller
New York, New York 10006 BT Securities Corporation
Peter D. Scutt Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
James E. Virtue Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
Frank Vulpi Director, Managing U.S.
BT Securities Corporation Director,
130 Liberty Street Chief Operating Officer
New York, New York 10006 BT Securities Corporation
John R. Zacamy Director, Managing Director U.S.
BT Securities Corporation BT Securities Corporation
130 Liberty Street
New York, New York 10006
</TABLE>
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<PAGE>
BT HOLDINGS (NEW YORK), INC.
The following sets forth the name, mailing address, occupation or
principal business affiliation and citizenship of each director and executive
officer of BT Holdings (New York), Inc. To the best knowledge and belief of BT
Holdings (New York), Inc., none of the following persons beneficially owns any
shares of Class B Common Stock.
<TABLE>
<CAPTION>
Name and Mailing Address Occupation or Principal Citizenship
- ------------------------ Business Affiliation -----------
--------------------
<S> <C> <C>
DIRECTORS
---------
Duncan P. Hennes Executive Vice President, U.S.
Bankers Trust Company Treasurer and Director BT
130 Liberty Street Holdings, Inc.;
New York, New York 10006 Senior Vice President,
Bankers Trust New York
Corporation
Garret G. Thunen President and Director, U.S.
Bankers Trust Company BT Holdings (New York), Inc.;
130 Liberty Street Treasurer, Bankers Trust New
New York, New York 10006 York Corporation
Andrej J. Rojek Director, BT Holdings (New U.S.
Bankers Trust Company York), Inc.;
130 Liberty Street Managing Director,
New York, New York 10006 BT Securities Corporation
Mannuel J. Schnaidman Vice President and Director, U.S.
Bankers Trust Company BT
130 Liberty Street Holdings (New York), Inc.
New York, New York 10006 Vice President, Bankers Trust
New York Corporation
</TABLE>
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<PAGE>
ANNEX C
BTNY and BT Securities Corporation are subject to a Written
Agreement, dated December 4, 1994 (the "Written Agreement"), with the Federal
Reserve Bank of New York and a Memorandum of Understanding, dated December 21,
1994 (the "Memorandum"), with the New York State Banking Department. The Written
Agreement and Memorandum are described in BTNY's Forms 8-K, dated December 4,
1994 and January 19, 1994, respectively. These Forms 8-K are hereby incorporated
by reference into this Annex C.
BT Securities is also subject to an Order, dated December 22, 1994,
of the Securities and Exchange Commission and an Order dated December 22, 1994,
of the Commodity Futures Trading Commission. These Orders are included in and
described in BTNY's Form 8-K, dated December 22, 1994. This Form 8-K is hereby
incorporated by reference into this Annex C.
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<PAGE>
ANNEX D
Except as set forth below, none of BTH, BTNY, BTI or BT Securities
had any transactions in shares of Common Stock within the last 60 days. BTH had
the following transactions in shares of Common Stock during the sixty days prior
to the filing of this Schedule 13D. All of such transactions were made in the
open market and for cash.
<TABLE>
<CAPTION>
- ------------------------------------------
Trade Date Transaction Quantity Price
- ---------- ----------- -------- -----
- ------------------------------------------
<S> <C> <C> <C>
31-Jul-96 Purchase 1 27.50
- ------------------------------------------
17-Sep-96 Purchase 21500 27.00
- ------------------------------------------
18-Sep-96 Purchase 13500 26.75
- ------------------------------------------
19-Sep-96 Purchase 8600 27.00
- ------------------------------------------
20-Sep-96 Purchase 56200 26.55
- ------------------------------------------
</TABLE>
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<PAGE>
EXHIBIT INDEX
DOCUMENT PAGE IN THIS
- -------- STATEMENT
-------------
7.01. Joint filing statement pursuant to Rule 13d-1(f)(1). 23
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<PAGE>
EXHIBIT 7.01
JOINT FILING STATEMENT
Pursuant to Rule 13d-1(f)(1), each of the undersigned hereby consents to the
joint filing of a statement on Schedule 13D with respect to shares of Class B
Common Stock, $0.01 par value, of Smith's Food & Drug Centers, Inc., on behalf
of each of them.
Date: September 27, 1996
Signature: BANKERS TRUST NEW YORK CORPORATION
By: /s/ James T. Byrne, Jr.
----------------------------
Name: James T. Byrne, Jr.
Title: Senior Vice President
Signature: BT HOLDINGS (NEW YORK), INC.
By: /s/ Mannuel J. Schnaidman
----------------------------
Name: Mannuel J. Schnaidman
Title: Vice President
Signature: BANKERS TRUST COMPANY
By: /s/ James T. Byrne, Jr.
----------------------------
Name: James T. Byrne, Jr.
Title: Senior Vice President
Signature: BANKERS TRUST INTERNATIONAL PLC
By: /s/ James T. Byrne Jr.
----------------------------
Name: James T. Byrne, Jr.
Title: Attorney-in-fact
Signature: BT SECURITIES CORPORATION
By: /s/ Thomas Quane
----------------------------
Name: Thomas Quane
Title: Controller
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