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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 11)
COCA-COLA BOTTLING CO. CONSOLIDATED
(Name of Issuer)
$1.00 Par Value Common Stock
(Title of Class of Securities)
191098 10 2
J. Frank Harrison, III
c/o Coca-Cola Bottling Co. Consolidated
4100 Coca-Cola Plaza
Charlotte, North Carolina 28211
(704) 557-4400
with a copy to:
Michael J. Denny
K&L Gates LLP
214 North Tryon Street, 47th Floor
Charlotte, North Carolina 28202
(704) 331-7400
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 9,
2010
(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 Rule
13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the
schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting persons 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).
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CUSIP No. |
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191098 10 2 |
13D |
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NAME OF REPORTING PERSON
J. Frank Harrison, III |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x |
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(b) o |
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SEC USE ONLY |
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SOURCE OF FUNDS |
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OO |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |
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o |
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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UNITED STATES
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7 |
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SOLE VOTING POWER |
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NUMBER OF |
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2,043,900 |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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0 |
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EACH |
9 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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2,043,900 |
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WITH |
10 |
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SHARED DISPOSITIVE POWER |
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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2,043,900 |
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12 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
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o |
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13 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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22.3%(1) |
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14 |
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TYPE OF REPORTING PERSON |
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IN |
(1) The Common Stock of Coca-Cola Bottling Co. Consolidated is entitled to one vote per share and the Class B Common Stock is entitled to 20 votes per share. The shares reported in row (11) represent 85.1% of the total voting power of the outstanding shares of Common Stock and Class B Common Stock.
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CUSIP No. |
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191098 10 2 |
13D |
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3 |
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1 |
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NAME OF REPORTING PERSON
J. Frank Harrison Family, LLC |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x |
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(b) o |
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3 |
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SEC USE ONLY |
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SOURCE OF FUNDS |
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OO |
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5 |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |
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o |
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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DELAWARE
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7 |
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SOLE VOTING POWER |
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NUMBER OF |
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0 |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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1,605,534 |
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EACH |
9 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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0 |
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WITH |
10 |
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SHARED DISPOSITIVE POWER |
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1,605,534 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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1,605,534 |
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12 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
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o |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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18.4%(2) |
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TYPE OF REPORTING PERSON |
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OO, HC |
(2) The Common Stock of Coca-Cola Bottling Co. Consolidated is entitled to one vote per share and the Class B Common Stock is entitled to 20 votes per share. The shares reported in row (11) represent 66.9% of the total voting power of the outstanding shares of Common Stock and Class B Common Stock.
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CUSIP No. |
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191098 10 2 |
13D |
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4 |
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NAME OF REPORTING PERSON
JFH Family Limited Partnership FH1 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x |
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(b) o |
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SEC USE ONLY |
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SOURCE OF FUNDS |
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OO |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |
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o |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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DELAWARE
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SOLE VOTING POWER |
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NUMBER OF |
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0 |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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535,178 |
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EACH |
9 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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0 |
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WITH |
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SHARED DISPOSITIVE POWER |
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535,178 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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535,178 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
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o |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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7.0%(3) |
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14 |
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TYPE OF REPORTING PERSON |
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PN |
(3) The Common Stock of Coca-Cola Bottling Co. Consolidated is entitled to one vote per share and the Class B Common Stock is entitled to 20 votes per share. The shares reported in row (11) represent 22.3% of the total voting power of the outstanding shares of Common Stock and Class B Common Stock.
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CUSIP No. |
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191098 10 2 |
13D |
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5 |
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of |
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12 |
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1 |
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NAME OF REPORTING PERSON
JFH Family Limited Partnership SW1 |
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x |
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(b) o |
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SEC USE ONLY |
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SOURCE OF FUNDS |
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OO |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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DELAWARE
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7 |
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SOLE VOTING POWER |
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NUMBER OF |
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0 |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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535,178 |
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EACH |
9 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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0 |
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WITH |
10 |
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SHARED DISPOSITIVE POWER |
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535,178 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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535,178 |
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12 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
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o
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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7.0%(4) |
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14 |
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TYPE OF REPORTING PERSON |
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PN |
(4) The Common Stock of
Coca-Cola Bottling Co. Consolidated is entitled to one vote per share and the Class B Common Stock is entitled to 20 votes per share. The shares reported in row (11) represent 22.3% of the total voting power of the outstanding shares of Common Stock and Class B Common Stock.
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CUSIP No. |
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191098 10 2 |
13D |
Page |
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6 |
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of |
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12 |
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1 |
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NAME OF REPORTING PERSON
JFH Family Limited Partnership DH1 |
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) x |
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(b) o |
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3 |
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SEC USE ONLY |
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SOURCE OF FUNDS |
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OO |
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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DELAWARE
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7 |
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SOLE VOTING POWER |
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NUMBER OF |
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0 |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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535,178 |
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EACH |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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0 |
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WITH |
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SHARED DISPOSITIVE POWER |
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535,178 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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535,178 |
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12 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
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o
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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7.0%(5) |
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14 |
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TYPE OF REPORTING PERSON |
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PN |
(5) The Common Stock of
Coca-Cola Bottling Co. Consolidated is entitled to one vote per share and the Class B Common Stock is entitled to 20 votes per share. The shares reported in row (11) represent 22.3% of the total voting power of the outstanding shares of Common Stock and Class B Common Stock.
TABLE OF CONTENTS
EXPLANATORY NOTE: The Reporting Persons are filing this Amendment No. 11 to Schedule 13D to
report changes in the beneficial ownership of certain shares of Common Stock of Coca-Cola Bottling
Co. Consolidated (Consolidated) resulting from the vesting of performance units under that
certain Performance Unit Award Agreement, dated as of February 27, 2008, between Consolidated and
J. Frank Harrison, III, to report certain other changes in beneficial ownership since the filing of
Amendment No. 10 and to describe in Item 6 hereof the terms of a right to exchange Common Stock for
Class B Common Stock.
Item 1. Security and Issuer.
This Schedule 13D relates to the Common Stock, $1.00 par value, of Coca-Cola Bottling Co.
Consolidated. Consolidateds principal executive offices are located at 4100 Coca-Cola Plaza,
Charlotte, North Carolina 28211.
Item 2. Identity and Background.
Item 2 of the Schedule 13D is amended and restated in its entirety as follows:
This Schedule 13D is being filed on behalf of: J. Frank Harrison, III; J. Frank Harrison
Family, LLC; JFH Family Limited Partnership FH1; JFH Family Limited Partnership SW1; and JFH
Family Limited Partnership DH1 (formerly known as JFH Family Limited Partnership DC-1).
J. Frank Harrison Family, LLC is the general partner of each of JFH Family Limited Partnership
- - FH1, JFH Family Limited Partnership SW1, and JFH Family Limited Partnership DH1
(collectively, the Harrison Family Limited Partnerships). J. Frank Harrison, III is the
Consolidated Stock Manager and the Chief Manager under the Operating Agreement for the J. Frank
Harrison Family, LLC.
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A. |
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J. Frank Harrison, III |
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(a) |
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J. Frank Harrison, III |
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(b) |
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Mr. Harrison, IIIs principal business address is 4100 Coca-Cola Plaza,
Charlotte, North Carolina 28211. |
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(c) |
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Mr. Harrison, IIIs present principal occupation is Chairman of the Board of
Directors and Chief Executive Officer of Consolidated, 4100 Coca-Cola Plaza, Charlotte,
North Carolina 28211. |
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(d) |
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During the last five years, Mr. Harrison, III has not been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors). |
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(e) |
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During the last five years, Mr. Harrison, III has not been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction that resulted
in 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. |
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(f) |
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Mr. Harrison, III is a citizen of the United States. |
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B. |
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J. Frank Harrison Family, LLC |
J. Frank Harrison Family, LLC (Harrison Family LLC) is a Delaware limited liability company
that serves as the general partner of each of the Harrison Family Limited Partnerships. The
address of Harrison Family LLCs principal office is 700 Krystal Building, Chattanooga, TN, 37402
c/o Melissa Fite, LBMC. During the last five years, Harrison Family LLC has not been convicted in
a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five
years, Harrison Family LLC has not been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction that resulted in 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.
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JFH Family Limited Partnership-FH1 |
JFH Family Limited Partnership FH1 (FH1 Partnership) is a Delaware limited partnership.
The general partner of FH1 Partnership is Harrison Family LLC. The address of FH1 Partnerships
principal office is 700 Krystal Building, Chattanooga, TN, 37402 c/o Melissa Fite, LBMC. During
the last five years, FH1 Partnership has not been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors). During the last five years, FH1 Partnership has not
been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction
that resulted in 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.
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JFH Family Limited Partnership-SW1 |
JFH Family Limited Partnership SW1 (SW1 Partnership) is a Delaware limited partnership.
The general partner of SW1 Partnership is Harrison Family LLC. The address of SW1 Partnerships
principal office is 700 Krystal Building, Chattanooga, TN, 37402 c/o Melissa Fite, LBMC. During
the last five years, SW1 Partnership has not been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors). During the last five years, SW1 Partnership has not
been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction
that resulted in 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.
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JFH Family Limited Partnership-DH1 |
JFH Family Limited Partnership DH1 (DH1 Partnership) is a Delaware limited partnership.
The general partner of DH1 Partnership is Harrison Family LLC. The address of DH1 Partnerships
principal office is 700 Krystal Building, Chattanooga, TN, 37402 c/o Melissa Fite, LBMC. During
the last five years, DH1 Partnership has not been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors). During the last five years, DH1 Partnership has not
been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction
that resulted in 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 4. Purpose of Transaction.
The Reporting Persons have acquired their shares for investment purposes and, in the case of
J. Frank Harrison, III, in connection with compensation arrangements.
The Reporting Persons may acquire or dispose of shares of Common Stock in the future depending
upon market conditions, personal objectives and other facts and conditions.
Except as otherwise described herein, the Reporting Persons do not presently have any plans or
proposals which relate to or would result in:
(a) The acquisition by any person of additional securities of Consolidated, or the disposition
of securities of Consolidated;
(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation,
involving Consolidated or any of its subsidiaries;
(c) A sale or transfer of a material amount of assets of Consolidated or any of its
subsidiaries;
(d) Any change in the present board of directors or management of Consolidated, including
any plans or proposals to change the number or term of directors or to fill any existing vacancies
on the board;
(e) Any material change in the present capitalization or dividend policy of Consolidated;
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(f) Any other material change in Consolidateds business or corporate structure;
(g) Changes in Consolidateds charter, bylaws or instruments corresponding thereto or other
actions which may impede the acquisition of control of Consolidated by any person;
(h) Causing a class of securities of Consolidated to be delisted from a national securities
exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a
registered national securities association;
(i) A class of equity securities of Consolidated becoming eligible for termination of
registration pursuant to Section 12(g)(4) of the Act; or
(j) Any action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is amended and restated in its entirety as follows:
(a)&(b) Amount and Nature of Beneficial Ownership Reported.
The Reporting Persons collectively have beneficial ownership of an aggregate of 2,043,900
shares (or 22.3% of Consolidateds Common Stock, assuming all Class B Common Stock (which is
convertible into Common Stock on a share for share basis) beneficially owned by the Reporting
Persons was converted to Common Stock. The Common Stock has one vote per share on all matters
submitted for a vote of Consolidateds stockholders and the Class B Common Stock has 20 votes per
share on such matters. Accordingly, the beneficial ownership reported herein for the Reporting
Persons represents in the aggregate approximately 85.1% of the total voting power of the
outstanding shares of Consolidateds Common Stock and Class B Common Stock. Percentage amounts are
calculated based upon 7,141,447 shares of Common Stock and 2,044,202 shares of Class B Common Stock
outstanding on March 10, 2010. The shares of Common Stock beneficially owned by the Reporting
Persons are held as follows:
(i) 1,605,534 shares of Class B Common Stock are held directly by the Harrison Family Limited
Partnerships (with 535,178 shares held by each Harrison Family Limited Partnership), as to which J.
Frank Harrison, III possesses sole voting and investment power pursuant to the terms of the
operating agreement of Harrison Family LLC (which is the general partner of each such partnership);
(ii) 235,786 shares of Class B Common Stock are held by three trusts for the benefit of J.
Frank Harrison, Jr. and certain of his relatives, as to which Mr. Harrison, III possesses sole
voting and investment power; and
(iii) 202,580 shares of Class B Common Stock are owned directly by J. Frank Harrison, III, as
to which he possesses sole voting and investment power.
(c) Recent Transactions.
On March 9, 2010, the Compensation Committee of the Board of Directors of Coca-Cola Bottling
Co. Consolidated determined that 40,000 performance units vested with respect to 2009 under the
Performance Unit Award Agreement, dated February 27, 2008, between Consolidated and J. Frank
Harrison, III. As of the date of vesting, each performance unit was payable to Mr. Harrison in the
form of one share of Class B Common Stock. Of the 40,000 shares of Class B Common Stock payable to
Mr. Harrison, 17,680 shares were surrendered by Mr. Harrison for the payment of withholding taxes
on the award and 22,320 shares were issued to Mr. Harrison.
(d) Certain Rights to Receive Dividends or Direct Sale Proceeds:
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The three trusts for the benefit of J. Frank Harrison, Jr. and certain of his relatives have
the right to receive or the power to direct the receipt of dividends or the proceeds of sale of the
235,786 shares of Class B Common Stock described in Item (a)&(b)(ii) above.
(e) Ownership of Five Percent or Less of Class:
N/A
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
On February 19, 2009, Consolidated entered into the Amended and Restated Stock Rights and
Restrictions Agreement (the Amended Rights and Restrictions Agreement) with The Coca-Cola Company
and J. Frank Harrison, III that amends and restates the Stock Rights and Restrictions Agreement
dated January 27, 1989 (the Rights and Restrictions Agreement) between Consolidated and The
Coca-Cola Company. In connection with the parties entering into the Amended Rights and
Restrictions Agreement, The Coca-Cola Company converted all of its 497,670 shares of Consolidateds
Class B Common Stock into an equivalent number of shares of Common Stock of Consolidated.
The material terms and conditions of the Amended Rights and Restrictions Agreement include the
following:
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So long as no person or group controls more of Consolidateds voting power than is
collectively controlled by J. Frank Harrison, III, trustees under the will of J. Frank
Harrison, Jr. and any trust that holds shares of Consolidateds stock for the benefit
of the descendents of J. Frank Harrison, Jr. (collectively, the Harrison Family), The
Coca-Cola Company will not acquire additional shares of Consolidateds stock without
the consent of Consolidated; |
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So long as no person or group controls more of Consolidateds voting power than is
controlled by the Harrison Family, Consolidated has a right of first refusal with
respect to any proposed disposition by The Coca-Cola Company of shares of Consolidated
stock; |
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Consolidated has the right through January 27, 2019, to call for redemption the
number of shares of Consolidated stock that would reduce The Coca-Cola Companys equity
ownership in Consolidated to 20% at a price not less than $42.50 per share, which is
either mutually determined by the parties or determined by an appraisal or appraisals
conducted by an investment banker or bankers appointed by the parties; |
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The Coca-Cola Company has certain registration rights with respect to shares of
Consolidated stock owned by it; and |
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As long as The Coca-Cola Company holds the number of shares of stock in Consolidated
that it currently owns, it has the right to have its designee proposed by Consolidated
for nomination to its board of directors, and Mr. Harrison and trustees of certain
trusts established for the benefit of J. Frank Harrison, Jr. have agreed to vote shares
of Consolidated stock which they control in favor of such designee. |
The Amended Rights and Restrictions Agreement also provides The Coca-Cola Company the option
to exchange the 497,670 shares of Common Stock in Consolidated it acquired upon conversion of the
Class B Common Stock into an equivalent number of shares of Class B Common Stock in the event any
person or group acquires control of more of the Consolidateds voting power than is controlled by
the Harrison Family.
On February 19, 2009, in connection with the entering into of the Amended Rights and
Restrictions Agreement, The Coca-Cola Company, J. Frank Harrison, III and the other parties thereto
entered into the Termination of Irrevocable Proxy and Voting Agreement, pursuant to which the
parties terminated the Irrevocable Proxy (the Irrevocable Proxy) granted to Mr. Harrison by The
Coca-Cola Company and the Voting Agreement between The Coca-Cola Company, J. Frank Harrison, Jr.,
J. Frank Harrison, III and Reid Henson, as trustee, dated January 27, 1989 (the Voting
Agreement).
10
Pursuant to the Performance Unit Award Agreement approved by the shareholders at the 2008
Annual Meeting, Consolidated granted Mr. Harrison, III 400,000 performance units that each
represent the right to receive one share of Class B Common Stock. The performance units are
scheduled to vest in annual increments over a ten-year period (fiscals years 2009 through 2018),
subject to and in accordance with the terms and conditions of the Performance Unit Award Agreement.
As general partner of each of the Harrison Family Limited Partnerships, Harrison Family LLC
holds voting and investment power with respect to all of the shares of Consolidated stock held by
each of the Harrison Family Limited Partnerships. Under the terms of the operating agreement for
Harrison Family LLC, J. Frank Harrison, III, as Consolidated Stock Manager, has sole voting and
investment power over all of the shares of Consolidated stock with respect to which the limited
liability company exercises voting power or investment power (either directly or in its capacity as
general partner of the Harrison Family Limited Partnerships).
The terms of the trusts described in Item 5(a)&(b)(ii) above provide that any shares of
Consolidated stock owned by the trust will be voted by Mr. Harrison, III, that no shares of
Consolidated stock held by the trust may be sold without the written consent of Mr. Harrison, III
and that any shares of Consolidated stock held by the trust will be sold upon the instructions of
Mr. Harrison, III. Pursuant to the terms of such trusts and the terms of the operating agreement
of the Harrison Family LLC, Mr. Harrison, III will vote shares held or controlled by such entities
for the election of either Sue Anne H. Wells or Deborah H. Everhart to serve as a member of
Consolidateds Board of Directors if either of them agrees to serve. Ms. Wells and Ms. Everhart
are sisters of Mr. Harrison, III.
The trusts described in Item 5(a)&(b)(ii) above have the right to acquire 292,386 shares of
Class B Common stock from Consolidated in exchange for an equal number of shares of Common Stock.
In the event of such an exchange, Mr. Harrison would have sole voting and investment power over the
shares of Class B Common Stock acquired. The trusts do not own any shares of Common Stock with
which to make the exchange, and any purchase of Common Stock would require approval by the trustees
of the trusts.
Item 7. Material to be Filed as Exhibits.
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Incorporated By |
Exhibit |
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Name |
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Reference To |
Exhibit 99.1
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Amended and Restated Stock
Rights and Restrictions
Agreement, dated February 19,
2009, by and among Coca-Cola
Bottling Co. Consolidated,
The Coca-Cola Company and J.
Frank Harrison, III.
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Exhibit 10.1 to the
Current Report on Form 8-K
filed on February 19, 2009 |
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Exhibit 99.2
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Termination of Irrevocable
Proxy and Voting Agreement,
dated February 19, 2009,
between The Coca-Cola Company
and J. Frank Harrison, III.
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Exhibit 10.2 to the
Current Report on Form 8-K
filed on February 19, 2009 |
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Exhibit 99.3
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Certificate Evidencing Right
to Exchange Common Stock for
Class B Common Stock of
Coca-Cola Bottling Co.
Consolidated
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Filed Herewith |
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Exhibit 99.4
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Joint Filing Agreement
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Filed Herewith |
11
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.
Dated: March 18, 2010
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/s/ J. Frank Harrison, III
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J. Frank Harrison, III |
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J. Frank Harrison Family, LLC
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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JFH Family Limited Partnership FH1 By: J. Frank Harrison Family, LLC, its General Partner
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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JFH Family Limited Partnership SW1 By: J. Frank Harrison Family, LLC, its General Partner
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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JFH Family Limited Partnership DH1 By: J. Frank Harrison Family, LLC, its General Partner
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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12
exv99w3
Exhibit 99.3
CERTIFICATE EVIDENCING RIGHT TO EXCHANGE COMMON STOCK
FOR CLASS B COMMON STOCK OF
COCA-COLA BOTTLING CO. CONSOLIDATED
WHEREAS, pursuant to an Agreement and Plan of Merger dated April 12, 1985 (the Merger Agreement)
between Coca-Cola Bottling Co. Consolidated (hereinafter Company), Coca-Cola Investments, Inc.
(hereinafter Investments) and ALC Corporation (hereinafter ALC), the shareholders of ALC had a
right to receive shares of Common Stock and Class B Common Stock of the Company upon the merger of
ALC with and into Investments; and
WHEREAS, ALC merged with and into Investments on April 4, 1986; and
WHEREAS, the Merger Agreement provides that the shareholders of ALC have a right to exchange up to
292,386 shares of Common Stock for shares of Class B Common Stock; and
WHEREAS,
the Company has been furnished with copies of written assignments wherein all of the
shareholders of ALC, except for the trust for the benefit of members of the family of J. Frank
Harrison, have assigned or transferred their right to exchange shares of Common Stock for shares of
Class B Common Stock to J. Frank Harrison, Trustee under the remainder Trust under Agreement with
Anne L. Carter for the benefit of J. Frank Harrison (hereinafter J. Frank Harrison, Trustee); and
WHEREAS, the Company desires to acknowledge the right of J. Frank Harrison, Trustee to exchange
such shares, and accordingly is issuing this Certificate in order to do so.
Coca-Cola Bottling Co. Consolidated hereby confirms and certifies that J. Frank Harrison, Trustee,
has the right and privilege from time to time perpetually hereafter upon written notice to the
Treasurer of the Company to exchange without cost or further consideration up to 292,386 shares of
Common Stock of the Company for shares of Class B Common Stock of the Company on the basis of one share of Common Stock being
exchanged for one share of Class B Common Stock. This right and privilege may be exercised in
whole or in part but shall continue in force until the entire 292,386 shares have been exchanged.
In the event the shares of Common Stock of the Company shall be increased or decreased through a
stock of the reverse split, dividend or similar event, the number of shares that may be exchanged
shall be increased or decreased proportionately in order that the holder of the Certificate shall
be entitled to the full equivalent right to which he is entitled prior thereto. The right
evidenced hereby may be transferred, assigned, devised or bequeathed to the Beneficiaries as
defined in the Merger Agreement.
Executed and delivered this 15th day of May, 1986
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COCA-COLA BOTTLING CO. CONSOLIDATED
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By |
/s/ Marvin W. Griffin, Jr.
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Marvin W. Griffin, Jr. |
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President |
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exv99w4
Exhibit 99.4
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(l) promulgated under the Securities and Exchange Act of 1934,
as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of
them a statement on Schedule 13D with respect to the Common Stock, $1.00 par value, of Coca-Cola
Bottling Co. Consolidated beneficially owned by each of them. This Joint Filing Agreement shall be
included as an exhibit to Amendment No. 11 to such Schedule 13D.
IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement as of the 18th
day of March, 2010.
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/s/ J. Frank Harrison, III
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J. Frank Harrison, III |
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J. Frank Harrison Family, LLC
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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JFH Family Limited Partnership FH1 By: J. Frank Harrison Family, LLC, its General Partner
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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JFH Family Limited Partnership SW1 By: J. Frank Harrison Family, LLC, its General Partner
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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JFH Family Limited Partnership DH1 By: J. Frank Harrison Family, LLC, its General Partner
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By: |
/s/ J. Frank Harrison, III
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J. Frank Harrison, III, Chief Manager |
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