Filing Details

Accession Number:
0001181431-10-009824
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-02-17 12:00:00
Reporting Period:
2010-02-12
Filing Date:
2010-02-17
Accepted Time:
2010-02-17 19:49:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
934612 Burlington Northern Santa Fe Llc BNI Railroads, Line-Haul Operating (4011) 271754839
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
109694 Obh Inc 3555 Farnam Street
Suite 1440
Omaha NE 68131
No No Yes No
314943 National Indemnity Co 3024 Harney Street
Omaha NE 68131
No No Yes No
315090 E Warren Buffett 3555 Farnam Street
Omaha NE 68131
No No Yes No
1067983 Berkshire Hathaway Inc 3555 Farnam Street
Omaha NE 68131
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-02-12 264,507,434 $0.00 0 No 4 P Indirect See footnote 4.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote 4.
Footnotes
  1. As a result of the merger (the "Merger") of Burlington Northern Santa Fe Corporation ("BNSF") with and into R Acquisition Company, LLC, a subsidiary of National Indemnity Company ("NICO"), on February 12, 2010, each outstanding share of common stock of BNSF, other than shares owned by the Reporting Persons, was converted into the right to receive, at the election of the stockholder (subject to certain proration and reallocation procedures described in the merger agreement), either (i)??$100.00 in cash, or (ii)??a portion of a share of Berkshire Class??A common stock equal to the exchange ratio, which was calculated by dividing $100.00 by the average of the daily volume-weighted average trading prices per share of Berkshire Class??A common stock over the ten trading day period ending on the second full trading day prior to completion of the Merger.
  2. Shares of Berkshire Class B common stock were issued in lieu of fractional shares of Berkshire Class A common stock, and cash was paid in lieu of fractional shares of Berkshire Class B common stock.
  3. All of the outstanding common stock of BNSF was canceled in the Merger.
  4. NICO is a subsidiary of OBH LLC ("OBH"), and OBH is a subsidiary of Berkshire Hathaway Inc. ("Berkshire"). As OBH and Berkshire are each in the chain of ownership of NICO, each of OBH and Berkshire may be deemed to both beneficially own and have a pecuniary interest in all securities of BNSF acquired by NICO. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, the BNSF shares acquired by NICO. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.