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Filing Details

Accession Number:: 0001209191-15-048944
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-06-02 16:20:00
Reporting Period:: 2015-05-29

Filing Date:: 2015-06-02
Accepted Time:: 2015-06-02 16:20:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1051771	Belk Inc	NONE	Retail-Department Stores (5311)	562058574

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1540238	W Claudia Belk	2801 West Tyvola Road Charlotte NC 28217		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2015-05-29	713,328	$0.00	618,433	No	4	J	Indirect	QTIP GST Non-Exempt Marital Trust
Class A Common Stock	Acquisiton	2015-05-29	46,429	$0.00	46,429	No	4	G	Indirect	2015 GST Exempt Family Wealth Preservation Trust
Class A Common Stock	Acquisiton	2015-05-29	417,857	$56.00	464,286	No	4	P	Indirect	2015 GST Exempt Family Wealth Preservation Trust
Class A Common Stock	Acquisiton	2015-05-29	247,792	$56.00	247,792	No	4	P	Indirect	2015 GST Non Exempt Family Wealth Preservation Trust
Class A Common Stock	Acquisiton	2015-05-29	713,328	$0.00	713,336	No	4	J	Direct
Class A Common Stock	Disposition	2015-05-29	47,679	$0.00	665,657	No	4	G	Direct
Class A Common Stock	Disposition	2015-05-29	665,649	$56.00	8	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	QTIP GST Non-Exempt Marital Trust
No	4	G	Indirect	2015 GST Exempt Family Wealth Preservation Trust
No	4	P	Indirect	2015 GST Exempt Family Wealth Preservation Trust
No	4	P	Indirect	2015 GST Non Exempt Family Wealth Preservation Trust
No	4	J	Direct
No	4	G	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	614,582	Indirect	Trust (1976)
Class A Common Stock	21,519	Indirect	QTIP GST Exempt Marital Trust
Class A Common Stock	1,221,842	Indirect	Brothers Investment Company
Class A Common Stock	2,079,910	Indirect	Montgomery Investment Company

Footnotes

614,582 shares of Class A common stock are held by Bessemer Trust Company, N.A., Susan N Jamison and Katherine Belk Morris, Co-Trustees U/A dated 12/29/76 with John M. Belk f/b/o Claudia W. Belk. Voting and investment power is vested in Wells Fargo Bank, N.A., the trustee.
21,519 shares of Class A common stock are held by John M. Belk QTIP GST Exempt Marital Trust Bessemer Trust Company, N.A., Susan N. Jamison and Katherine B. Morris, Co-Trustees. The Co-Trustees share voting and investment power.
713,328 shares of Class A common stock were distributed by the John M. Belk QTIP GST Non-Exempt Marital Trust Bessemer Trust Company, N.A., Susan N. Jamison and Katherine B. Morris, Co-Trustees to the Reporting Person.
618,433 shares of Class A common stock are held by John M. Belk QTIP GST Non-Exempt Marital Trust Bessemer Trust Company, N.A., Susan N. Jamison and Katherine B. Morris, Co-Trustees. The Co-Trustees share voting and investment power.
46,429 shares of Class A common stock were gifted by Reporting Person to the Claudia Watkins Belk 2015 GST Exempt Family Wealth Preservation Trust dated May 27, 2015. Mary Claudia Belk Pilon, Susan N. Jamison and Bessemer Trust Company, N.A. are the co-trustees.
46,429 shares of Class A common stock are held by Claudia Watkins Belk 2015 GST Exempt Family Wealth Preservation Trust dated May 27, 2015. Mary Claudia Belk Pilon, Susan N. Jamison and Bessemer Trust Company, N.A. are the co-trustees. The Co-Trustees share voting and investment power.
417,857 shares of Class A common stock were purchased by Claudia Watkins Belk 2015 GST Exempt Family Wealth Preservation Trust dated May 27, 2015 from the Reporting Person at $56.00 per share. Mary Claudia Belk Pilon, Susan N. Jamison and Bessemer Trust Company, N.A. are the co-trustees.
464,286 shares of Class A common stock are held by Claudia Watkins Belk 2015 GST Exempt Family Wealth Preservation Trust dated May 27, 2015. Mary Claudia Belk Pilon, Susan N. Jamison and Bessemer Trust Company, N.A. are the co-trustees. The Co-Trustees share voting and investment power.
247,792 shares of Class A common stock were purchased by Claudia Watkins Belk 2015 GST Non Exempt Family Wealth Preservation Trust dated May 27, 2015 from the Reporting Person at $56.00 per share. Mary Claudia Belk Pilon, Susan N. Jamison and Bessemer Trust Company, N.A. are the co-trustees.
247,792 shares of Class A common stock are held by Claudia Watkins Belk 2015 GST Non Exempt Family Wealth Preservation Trust dated May 27, 2015. Mary Claudia Belk Pilon, Susan N. Jamison and Bessemer Trust Company, N.A. are the co-trustees. The Co-Trustees share voting and investment power.
1,221,842 shares of Class A common stock are held by Brothers Investment Company, which corporation is equally owned by John M. Belk QTIP GST Non-Exempt Marital Trust Bessemer Trust Company, N.A., Susan N. Jamison and Katherine B. Morris, Co-Trustees ("John M. Belk QTIP GST Non-Exempt Marital Trust") and the heirs of Thomas M. Belk. The co-trustees of John M. Belk QTIP GST Non-Exempt Marital Trust and Katherine McKay Belk, Thomas M. Belk, Jr., H.W. McKay Belk, John R. Belk and Katherine Belk Morris, heirs of Thomas M. Belk, share voting and investment power.
2,079,910 shares of Class A common stock are held by Montgomery Investment Company, a corporation owned by John M. Belk QTIP GST Non-Exempt Marital Trust Bessemer Trust Company, N.A, Susan N. Jamison and Katherine B. Morris, Co-Trustees ("John M. Belk QTIP GST Non-Exempt Marital Trust") as the majority shareholder and Mary Claudia Belk Irrevocable Trust dated 1/4/94. The co-trustees of John M. Belk QTIP GST Non-Exempt Marital Trust and Claudia W. Belk, trustee of Mary Cladia Belk Irrevocable dated 1/4/94, share voting and investment power.
713,328 shares of Class A common stock were received by Reporting Person from the John M. Belk QTIP GST Non-Exempt Marital Trust Bessemer Trust Company, N.A., Susan N. Jamison and Katherine B. Morris, Co-Trustees.
713,336 shares of Class A common stock are held in Reporting Person's name and/or Claudia Watkins Belk Grantor Trust dated 2/23/96. Reporting person is the Trustee.
1,250 shares of Class A common stock were gifted by Reporting Person to her daughter, son-in-law and grandchildren.
665,657 shares of Class A common stock are held in Reporting Person's name and/or Claudia Watkins Belk Grantor Trust dated 2/23/96. Reporting person is the Trustee.
417,857 shares of Class A common stock were sold by the Reporting Person to the Claudia Watkins Belk 2015 GST Exempt Family Wealth Preservation Trust dated May 27, 2015 at $56.00 per share.
247,792 shares of Class A common stock were sold by the Reporting Person to the Claudia Watkins Belk 2015 GST Non Exempt Family Wealth Preservation Trust dated May 27, 2015 at $56.00 per share.
8 shares of Class A common stock are held in Reporting Person's name and/or Claudia Watkins Belk Grantor Trust dated 2/23/96. Reporting person is the Trustee.