SEC Form 4 · accession 0001209191-15-058696
BELK INC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah Belk Gambrell
10% Owner
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 3:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001051771
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jul 1, 2015 | G | 760,000 | $0.00 | D | 6,154,895 | D | |
| Class A Common StockF3 | holding | — | — | — | 1,140,080 | I | Trusts u/w W.H. Belk | |
| Class A Common StockF4 | holding | — | — | — | 1,436,385 | I | Trusts u/w Mary I. Belk | |
| Class A Common StockF5 | holding | — | — | — | 186,078 | I | Gambrell Legacy, LLC | |
| Class B Common StockF6 | holding | — | — | — | 454 | I | Gambrell Legacy, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1760,000 shares of Class A common stock were gifted by Reporting Person.
- F26,154,895 shares of Class A common stock are held in the name of Sarah Belk Gambrell, as Trustee of the Sarah Belk Gambrell Restated 1999 Revocable Trust. Voting and investment power is held by Sarah Belk Gambrell, the trustee.
- F31,140,080 shares of Class A common stock are held in several trusts established by the Will of W.H. Belk for the benefit of his children. Voting and investment power of the trust for Thomas M. Belk is held by Sarah Belk Gambrell, Katherine Belk Morris, Thomas M. Belk, Jr., H.W. McKay Belk and John R. Belk. Voting and investment power of the trust for John M. Belk is held by Sarah Belk Gambrell, Mary Claudia Belk Pilon, Jeffrey N. Pilon, Katherine Belk Morris and Susan N. Jamison. Voting and investment power of the trust for Sarah Belk Gambrell is held by Sarah Belk Gambrell, Sally Belk Gambrell, Larry D. Estridge, Carl Belk and Susan N. Jamison. Voting and investment power of the trusts for W. H. Belk, Jr. and Henderson Belk is shared by Sarah Belk Gambrell and Irwin Belk.
- F41,436,385 shares of Class A common stock are held in several trusts established by the Will of Mary I. Belk for the benefit of her children. Voting and investment power of the trusts for John M. Belk and Thomas M. Belk is held by Sarah Belk Gambrell. Voting and investment power of the trusts for Sarah Belk Gambrell, W.H. Belk, Jr. and Henderson Belk is shared by Sarah Belk Gambrell and Irwin Belk.
- F5186,078 shares of Class A common stock are held in the name of Gambrell Legacy, LLC. Voting and investment power is vested in the managers Sarah Belk Gambrell, Sally Belk Gambrell and Larry D. Estridge.
- F6454 shares of Class B common stock are held in the name of Gambrell Legacy, LLC. Voting and investment power is vested in the managers Sarah Belk Gambrell, Sally Belk Gambrell and Larry D. Estridge.