Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
|
SECURITIES AND EXCHANGE COMMISSION |
|
|
Washington, D.C. 20549 |
|
|
|
|
|
SCHEDULE 13D |
|
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
SEABOARD CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $1.00 PER SHARE
(Title of Class of Securities)
811543107
(CUSIP Number)
Steven J. Bresky
c/o Seaboard Corporation
9000 West 67th Street, 3rd Floor
Shawnee Mission, Kansas 66202
Telephone: (913) 676-8800
Facsimile: (617) 676-8872
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
With a copy to:
David S. Stone, Esq.
Neal, Gerber & Eisenberg LLP
2 North LaSalle Street
Chicago, Illinois 60602
(312) 269-8000
September 6, 2016
(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 that is the subject of this Schedule 13D, and is filing this schedule because of sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
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, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).
CUSIP No. 15117V109 |
13D |
| |||||
| |||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power Shares Beneficially | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
| |||||
| |||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
| |||||
|
|||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
| |||||
| |||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
| |||||
| |||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
| |||||
| |||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
| |||||
| |||||||
|
1. |
Name of Reporting Persons. | |||||
| |||||||
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
|
|
(a) |
x | ||||
|
|
(b) |
o | ||||
| |||||||
|
3. |
SEC Use Only | |||||
| |||||||
|
4. |
Source of Funds (See Instructions) | |||||
| |||||||
|
5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
| |||||||
|
6. |
Citizenship or Place of Organization | |||||
| |||||||
Number of |
7. |
Sole Voting Power | |||||
| |||||||
8. |
Shared Voting Power | ||||||
| |||||||
9. |
Sole Dispositive Power | ||||||
| |||||||
10. |
Shared Dispositive Power | ||||||
| |||||||
|
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
| |||||||
|
12. |
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
| |||||||
|
13. |
Percent of Class Represented by Amount in Row (11) | |||||
| |||||||
|
14. |
Type of Reporting Person (See Instructions) | |||||
* Based on 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017 as reported by the Issuer on its Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017.
CUSIP No. 15117V109 |
13D |
|
Explanatory Note: This Amendment No. 3 (this Amendment) amends the Schedule 13D filed by certain of the Reporting Persons on October 17, 2014, as previously amended on February 29, 2008 (as so amended, the Prior Schedule 13D). Capitalized terms used herein and not otherwise defined shall have the same meanings ascribed to them in such Schedule 13D. Except as specifically amended hereby, the Schedule 13D remains in full force and effect. This Amendment is being filed to (i) add the names of the entities that are record holders of some of the shares of stock beneficially owned by Steven J. Bresky and (ii) reflect additional changes in beneficial ownership by Steven J. Bresky.
Item 2. Identity and Background.
Item 2 is hereby amended and restated as follows:
(a-f)
This Statement is being filed jointly on behalf of Seaboard Flour LLC, a Delaware limited liability company (Seaboard Flour); SFC Preferred, LLC, a Delaware limited liability company (SFC); HAB Grandchildrens Trust A (Trust A); HAB Grandchildrens Trust B (Trust B); HAB 2011 Gift Trust (Gift Trust, and, collectively with Trust A and Trust B, the Trusts); the Bresky Foundation, a Kansas not-for profit corporation (the Foundation,); and Steven J. Bresky (collectively with the Foundation, the Trusts, Seaboard Flour and SFC, the Reporting Persons). Each of the Trusts is a trust administered under the laws of the Commonwealth of Massachusetts. Steven J. Bresky is the sole Manager of each of Seaboard Flour and SFC; Co-Trustee and Business Advisor of the HAB Grandchildrens Trust A and Gift Trust; Business Advisor of Trust B; and President and Treasurer of the Foundation. Seaboard Flour, SFC and the Trusts were each formed for the purpose of managing Bresky family interests, including trusts created for the benefit of the Bresky family. Steven J. Bresky has sole control over the affairs and investment decisions of each of Seaboard Flour and SFC, including the power to vote or dispose of the shares of Common Stock held by each of them. Steven J. Bresky has the power to vote or dispose of the shares of Common Stock held by the Trusts and the Foundation. The principal office of each of Seaboard Flour, SFC, the Trusts and the Foundation is located at 1320 Centre Street, Suite 200, Newton, Massachusetts 02459-2400. The principal office of Steven J. Bresky is located at 9000 West 67th Street, Shawnee Mission, Kansas 66202.
Steven J. Bresky is a citizen of the United States and serves as the President and Chief Executive Officer of the Company.
None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). None of the Reporting Persons has, during the last five years, been a party to any civil proceeding as a result of which it was 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 violations with respect to such laws.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and restated in its entirety as follows:
(a) Amount beneficially owned:
|
|
|
|
Percent of class: |
|
Seaboard Flour LLC |
|
465,825.69 shares |
|
39.8 |
% |
SFC Preferred, LLC |
|
428,122.55 shares |
|
36.6 |
% |
HAB Grandchildrens Trust A |
|
1,775 shares |
|
0.2 |
% |
HAB Grandchildrens Trust B |
|
1,775 shares |
|
0.2 |
% |
HAB 2011 Gift Trust |
|
3,120 shares |
|
0.3 |
% |
Bresky Foundation |
|
4,250 shares |
|
0.4 |
% |
Steven J. Bresky |
|
904,868.24 shares |
|
77.3 |
% |
CUSIP No. 15117V109 |
13D |
|
Each Reporting Persons calculation of its percentage ownership of the Common Stock of the Issuer is based on the information contained in the Issuers Schedule 14A Proxy Statement filed with the Securities and Exchange Commission on March 10, 2017, there were 1,170,550.24 shares of Common Stock outstanding as of February 24, 2017.
(b) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
Seaboard Flour LLC |
|
0 |
|
shares |
SFC Preferred, LLC |
|
0 |
|
shares |
HAB Grandchildrens Trust A |
|
0 |
|
shares |
HAB Grandchildrens Trust B |
|
0 |
|
shares |
HAB 2011 Gift Trust |
|
0 |
|
shares |
Bresky Foundation |
|
0 |
|
shares |
Steven J. Bresky |
|
0 |
|
shares |
(ii) Shared power to vote or to direct the vote
Seaboard Flour LLC |
|
465,825.69 |
|
shares |
SFC Preferred, LLC |
|
428,122.55 |
|
shares |
HAB Grandchildrens Trust A |
|
1,775 |
|
shares |
HAB Grandchildrens Trust B |
|
1,775 |
|
shares |
HAB 2011 Gift Trust |
|
3,120 |
|
shares |
Bresky Foundation |
|
4,250 |
|
shares |
Steven J. Bresky |
|
904,868.24 |
|
shares |
(iii) Sole power to dispose or direct the disposition of
Seaboard Flour LLC |
|
0 |
|
shares |
SFC Preferred, LLC |
|
0 |
|
shares |
HAB Grandchildrens Trust A |
|
0 |
|
shares |
HAB Grandchildrens Trust B |
|
0 |
|
shares |
HAB 2011 Gift Trust |
|
0 |
|
shares |
Bresky Foundation |
|
0 |
|
shares |
Steven J. Bresky |
|
0 |
|
shares |
(iv) Shared power to dispose or to direct the disposition of
Seaboard Flour LLC |
|
465,825.69 |
|
shares |
SFC Preferred, LLC |
|
428,122.55 |
|
shares |
HAB Grandchildrens Trust A |
|
1,775 |
|
shares |
HAB Grandchildrens Trust B |
|
1,775 |
|
shares |
HAB 2011 Gift Trust |
|
3,120 |
|
shares |
Bresky Foundation |
|
4,250 |
|
shares |
Steven J. Bresky |
|
904,868.24 |
|
shares |
(c) During the past sixty days, no transactions in the Common Stock were effected by the Reporting Persons.
CUSIP No. 15117V109 |
13D |
|
(d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock beneficially owned by the Reporting Persons.
Item 7. Material to be Filed as Exhibits.
Exhibit 1 Amended and Restated Joint Filing Agreement, dated May 4, 2017, by and among the Reporting Persons
CUSIP No. 15117V109 |
13D |
|
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth herein is true, complete and correct.
|
SEABOARD FLOUR LLC | |
|
| |
|
|
|
|
By: |
/s/ Steven J. Bresky |
|
|
Name: Steven J. Bresky |
|
|
Title: Manager |
| ||
|
SFC PREFERRED, LLC | |
|
| |
|
|
|
|
By: |
/s/ Steven J. Bresky |
|
|
Name: Steven J. Bresky |
|
|
Title: Manager |
| ||
|
HAB GRANDCHILDRENS TRUST A | |
|
HAB 2011 GIFT TRUST | |
|
| |
|
|
|
|
By: |
/s/ Steven J. Bresky |
|
|
Name: Steven J. Bresky |
|
|
Title: Co-Trustee |
| ||
|
By: |
/s/ Stephen M. Berman |
|
|
Name: Stephen M. Berman |
|
|
Title: Co-Trustee |
| ||
|
HAB GRANDCHILDRENS TRUST B | |
|
| |
|
|
|
|
By: |
/s/ Patricia A. Bresky |
|
|
Name: Patricia A. Bresky |
|
|
Title: Co-Trustee |
| ||
|
By: |
/s/ Stephen M. Berman |
|
|
Name: Stephen M. Berman |
|
|
Title: Co-Trustee |
| ||
|
BRESKY FOUNDATION | |
|
| |
|
|
|
|
By: |
/s/ Steven J. Bresky |
|
|
Name: Steven J. Bresky |
|
|
Title: President |
| ||
|
/s/ Steven J. Bresky | |
|
Steven J. Bresky | |
|
| |
|
Dated: May 4, 2017 |