0000893838-12-000018.txt : 20120214 0000893838-12-000018.hdr.sgml : 20120214 20120214153521 ACCESSION NUMBER: 0000893838-12-000018 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARKANSAS BEST CORP /DE/ CENTRAL INDEX KEY: 0000894405 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 710673405 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42473 FILM NUMBER: 12608894 BUSINESS ADDRESS: STREET 1: 3801 OLD GREENWOOD RD CITY: FORT SMITH STATE: AR ZIP: 72903 BUSINESS PHONE: 5017856000 MAIL ADDRESS: STREET 1: P O BOX 48 CITY: FORT SMITH STATE: AR ZIP: 72902 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BESSEMER GROUP INC CENTRAL INDEX KEY: 0001054074 IRS NUMBER: 133093730 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 WOODBRIDGE CENTER DR CITY: WOODBRIDGE STATE: NJ ZIP: 07095-1191 BUSINESS PHONE: 7326945500 MAIL ADDRESS: STREET 1: 100 WOODBRIDGE CENTER DR CITY: WOODBRIDGE STATE: NJ ZIP: 07095-1191 SC 13G/A 1 arkbestsc13gam2021412.htm SCHEDULE 13G AMENDMENT NO. 2 arkbestsc13gam2021412.htm
1.     UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C.  20549
 
   
   
   
   
   
SCHEDULE 13G
 
   
Under the Securities Exchange Act of 1934
 
   
(Amendment No. 2)
 
   
   
ARKANSAS BEST CORPORATION
 
(Name of Issuer)
 
   
   
COMMON STOCK
 
(Title of Class of Securities)
 
   
040790107
 
(CUSIP Number)
 
   
   
December 31, 2011
 
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
  [X]  Rule 13d–1(b)
  [   ]  Rule 13d–1(c)
  [   ]  Rule 13d–1(d)
 
 
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
   
The information required in 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).
 
   
 
 
 
 
 
 
 
 
 
 
Page 1 of 8
 
 
 

 
 


CUSIP No.          040790107           
13G
Page     2     of     8     Pages

1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
THE BESSEMER GROUP, INCORPORATED*
13-3093730
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
  (a)  [   ]    
  (b)  [X]   
 
3
 
SEC USE ONLY
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
 
 
 
NUMBER OF
5
SOLE VOTING POWER
 
-0-
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
28,500 shs.
 
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
-0-
 
WITH
8
SHARED DISPOSITIVE POWER
 
28,500 shs.
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
28,500 shs.
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                                                                                                             [   ]
  
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.1%
 
12
TYPE OF REPORTING PERSON*
 
HC
 
*The shares reported on this page are the aggregate of the shares reported on pages 3and 4, as The Bessemer Group, Incorporated is the parent of the other reporting persons.
 
*SEE INSTRUCTIONS BEFORE FILLING OUT!
 
 
 
 
Page 2 of 8
 
 

 
 
CUSIP No.          040790107              
13G
Page    3    of     8 _  Pages
     
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
BESSEMER TRUST COMPANY, N.A.*
13-2792165
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
  (a)  [   ]
  (b)  [X]
 
3
 
SEC USE ONLY
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
U.S.A.
 
 
 
 
NUMBER OF
5
SOLE VOTING POWER
 
-0- shs.
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
28,500 shs.
 
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
-0- shs.
 
WITH
8
SHARED DISPOSITIVE POWER
28,500 shs.
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
28,500 shs
.
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                                                                                                            [   ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.1%
 
12
TYPE OF REPORTING PERSON*
 
BK
 
*The shares reported on this page include the shares reported on page 4, as Bessemer Trust Company, N.A. is the parent of the other reporting person.
 
*SEE INSTRUCTIONS BEFORE FILLING OUT!
 
 
 
 
Page 3 of 8
 
 

 
 
CUSIP No.           040790107                
13G
Page     4     of     8    Pages
     
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
BESSEMER INVESTMENT MANAGEMENT LLC*
52-2303291
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
  (a)  [   ]
  (b)  [X]
 
3
 
SEC USE ONLY
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
 
 
 
NUMBER OF
5
SOLE VOTING POWER
 
28,500 shs.
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
-0- shs.
 
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
28,500 shs.
 
WITH
8
SHARED DISPOSITIVE POWER
 
-0- shs.
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
28,500 shs.
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                                                                                                             [   ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.1%
 
12
TYPE OF REPORTING PERSON*
 
IA
 
*The shares reported on this page are the same shares reported on page 5, as Bessemer Investment Management LLC is the investment adviser of the other reporting person.
 
*SEE INSTRUCTIONS BEFORE FILLING OUT!
 
 
 
 
Page 4 of 8
 
 

 
 
CUSIP No.           040790107                  
13G
Page    5    of    8  Pages
     
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
OLD WESTBURY REAL RETURN FUND
20-2413510
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
  (a)  [   ]
  (b)  [X]
 
3
 
SEC USE ONLY
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Maryland
 
 
 
 
NUMBER OF
5
SOLE VOTING POWER
 
28,500 shs.
SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
 
-0- shs.
 
EACH
REPORTING
PERSON
7
SOLE DISPOSITIVE POWER
 
28,500 shs.
 
WITH
8
SHARED DISPOSITIVE POWER
 
-0- shs.
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
28,500 shs.
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                                                                                                             [   ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.1%
 
12
TYPE OF REPORTING PERSON*
 
IV
 
*SEE INSTRUCTIONS BEFORE FILLING OUT!
 
 
 
 
Page 5 of 8

 
 

 

Item 1.
 
(a)  
Name of Issuer:
 
 
Arkansas Best Corporation
 
(b)  
Address of Issuer's Principal Executive Offices:
 
          3801 Old Greenwood Road
          Fort Smith, Arkansas   72903

 
Item 2.
 
(a), (b) and (c) Name of Persons Filing, Address of Principal Business Office and Citizenship:

The Bessemer Group, Incorporated (“BGI”) as a parent holding company, Bessemer Trust Company, N.A. (“BTNA”) as a parent, Bessemer Investment Management LLC (“BIM”) and Old Westbury Real Return Fund (“OWRRF”). BTNA is wholly-owned by BGI.  BIM is a wholly owned subsidiary of BTNA and is the investment advisor to OWRRF.  BTNA may be deemed to control BIM and BIM may be deemed to control OWRRF.

BTNA is a trust company that manages accounts for the benefit of others.  BIM is a registered investment advisor that furnishes investment advisory services to OWRRF.  The holder of the securities referred to in this statement is OWRRF.

BGI has its principal business office at 100 Woodbridge Center Drive, Woodbridge, New Jersey  07095-0980.  BTNA and BIM each has its principal office at 630 Fifth Avenue, New York, New York 10111.  OWRRF has its principal business office at 760 Moore Road, King of Prussia, Pennsylvania 19406.

BGI is a corporation organized under the laws of Delaware.  BTNA is a national bank organized under the laws of the United States of America.  BIM is a corporation organized under the laws of Delaware.  OWRRF is a series of Old Westbury Funds, Inc., a Maryland corporation and an open-end, management investment company registered under the Investment Company Act of 1940.

(d)  
Title of Class of Securities:
 
 
Common Stock
 
(e)  
CUSIP Number:
 
 
040790107  
 

 
Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether
 
the person filing is a:
 
 
(a), (c), (f), (h), (i) and (j) not applicable.
 
 
(b)  [X] Bank as defined in section 3(a)(6) of the Securities Exchange Act of 1934, as to BTNA.
 
 
 
 
 
Page 6 of 8
 
 

 
 
(d)  [X] Investment company registered under Section 8 of the Investment Company Act of 1940, as to OWRRF.
 
 
(e)  [X] Investment adviser in accordance with Rule13d-1(b)(1)(ii)(E), as to BIM.
 
 
(g)  [X] Parent holding company or control person, in accordance with Rule
                                13d-1(b)(1)(ii)(G), as to BGI.
 
Item 4.  Ownership
 
Items 5 through 9 and Item 11 of Pages 2 through 5 of this Statement are incorporated herein by reference.


Item 5.  Ownership of Five Percent or Less of a Class
 
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class securities, check the following [X].
 

 
Item 6.  Ownership of More than Five Percent on Behalf of Another Person
 
Not applicable.
 

 
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
 
Items 1 and 12 of pages 3 through 5 of this Statement are incorporated herein by reference.
 

 
Item 8.  Identification and Classification of Members of the Group
 
 
Not applicable.
 

 
Item 9.  Notice of Dissolution of Group
 
Not applicable.
 

 
Item 10.  Certification
 
By signing below, the undersigned certify that, to the best of the knowledge and belief of the undersigned, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 
 
 
Page 7 of 8

 
 

 

Item 11.  Signatures
 
After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

Dated:    February 14, 2012

   
THE BESSEMER GROUP, INCORPORATED
   
   
 
By:                      /s/ Steven L. Williamson                                                               
 
Name:                 Steven L. Williamson
 
Title:                 Managing Director
 
 
 
BESSEMER TRUST COMPANY, N.A.
   
   
 
By:                      /s/ Steven L. Williamson                                                               
 
Name:                 Steven L. Williamson
 
Title:                 Managing Director
 
 
 
BESSEMER INVESTMENT MANAGEMENT LLC
   
   
 
By:                      /s/ Steven L. Williamson                                                               
 
Name:                 Steven L. Williamson
 
Title:                 Managing Director
 
 
 
OLD WESTBURY REAL RETURN FUND
 
By:           BESSEMER INVESTMENT MANAGEMENT LLC
   
   
 
By:                      /s/ Steven L. Williamson                                                               
 
Name:                 Steven L. Williamson
 
Title:                 Managing Director
 
 
 
 
 
Page 8 of 8