-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MmkTwtBk+ncP8NFXYz6BTXQ6wejuwicsiKNd+i21tR5KfrcajrcptemDFy2T73OS xzaZkxyiTW899aXnRJgL+w== 0001193125-09-244234.txt : 20091130 0001193125-09-244234.hdr.sgml : 20091130 20091130172118 ACCESSION NUMBER: 0001193125-09-244234 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091130 DATE AS OF CHANGE: 20091130 GROUP MEMBERS: GEI CAPITAL V, LLC GROUP MEMBERS: GREEN EQUITY INVESTORS SIDE V, L.P. GROUP MEMBERS: GREEN V HOLDINGS, LLC GROUP MEMBERS: JONATHAN A. SEIFFER GROUP MEMBERS: JONATHAN D. SOKOLOFF GROUP MEMBERS: LEONARD GREEN & PARTNERS, L.P. GROUP MEMBERS: LGP MANAGEMENT, INC. GROUP MEMBERS: THYME COINVEST, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WHOLE FOODS MARKET INC CENTRAL INDEX KEY: 0000865436 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 741989366 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42732 FILM NUMBER: 091212919 BUSINESS ADDRESS: STREET 1: 550 BOWIE STREET CITY: AUSTIN STATE: TX ZIP: 78703 BUSINESS PHONE: 5124774455 MAIL ADDRESS: STREET 1: 550 BOWIE STREET CITY: AUSTIN STATE: TX ZIP: 78703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Green Equity Investors V, L.P. CENTRAL INDEX KEY: 0001449644 IRS NUMBER: 205864271 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 11111 SANTA MONICA BOULEVARD STREET 2: SUITE 2000 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: 310-954-0444 MAIL ADDRESS: STREET 1: 11111 SANTA MONICA BOULEVARD STREET 2: SUITE 2000 CITY: LOS ANGELES STATE: CA ZIP: 90025 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 3 Schedule 13D Amendment No. 3

 

 

 

OMB APPROVAL

 

  OMB Number:   3235-0145
  Expires:   February 28, 2009
  Estimated average burden    
  hours per response...   14.5

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13D

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)*

    Whole Foods Market, Inc.    

(Name of Issuer)

    Common Stock, no par value    

(Title of Class of Securities)

    966837106    

(CUSIP Number)

    Jennifer Bellah Maguire    

Gibson, Dunn & Crutcher LLP

333 South Grand Avenue

Los Angeles, California 90071-3197

(213) 229-7986

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

    November 26, 2009    

(Date of Event Which Requires Filing of Statement on Schedule 13D)

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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), checking the following box.  ¨

 

*   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 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).

 

 

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 2 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Green Equity Investors V, L.P.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  x        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    PN

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 3 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Green Equity Investors Side V, L.P.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  x        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    PN

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 4 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Thyme Coinvest, LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  x        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

 NUMBER OF 

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    OO (Limited Liability Company)

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 5 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

GEI Capital V, LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    OO (Limited Liability Company)

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 6 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Green V Holdings, LLC

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    OO (Limited Liability Company)

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 7 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Leonard Green & Partners, L.P.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    PN

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 8 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

LGP Management, Inc.

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    CO

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 9 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Jonathan D. Sokoloff

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    United States of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    IN

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 10 of 20 Pages

 

  (1)   

Name of Reporting Persons:

I.R.S. Identification No. of Above Persons (entities only):

 

Jonathan A. Seiffer

  (2)  

Check the Appropriate Box if a Member of a Group (See Instructions):

(a)  ¨        (b)  ¨

 

  (3)  

SEC Use Only:

 

  (4)  

Source of Funds (See Instructions):

 

  (5)  

Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

 

    ¨

  (6)  

Citizenship or Place of Organization:

 

    United States of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     (7)    

Sole Voting Power

 

    0

     (8)   

Shared Voting Power

 

    29,668,574 shares of Common Stock

     (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    29,668,574 shares of Common Stock

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    29,668,574 shares of Common Stock

(12)

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):

 

    ¨

(13)

 

Percent of Class Represented by Amount in Row (11):

 

17.4% beneficial ownership of the voting stock based on the 140,641,517 shares of Common Stock outstanding as reported in the Issuer’s 10-K for the fiscal year ended September 27, 2009, plus such additional shares of Common Stock received by the Reporting Persons on conversion of their Series A Preferred Stock as described herein

(14)

 

Type of Reporting Person (See Instructions):

 

    IN

 


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 11 of 20 Pages

 

ITEM 1. SECURITY AND ISSUER

This Amendment No. 3 to Schedule 13D (this “Amendment”) relates to shares of common stock, no par value (the “Common Stock”), of Whole Foods Market, Inc., a Texas corporation (the “Issuer”), received on conversion of 425,000 shares of Series A 8.00% Redeemable Convertible Exchangeable Participating Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”) of the Issuer.

The address of the Issuer’s principal executive offices is 550 Bowie Street, Austin, Texas 78703.

 

ITEM 2. IDENTITY AND BACKGROUND

(a) This Amendment is being filed by Green Equity Investors V, L.P., a Delaware limited partnership (“GEI V”), Green Equity Investors Side V, L.P., a Delaware limited partnership (“GEI Side V,” and, together with GEI V, the “Investors”), Thyme Coinvest, LLC, a Delaware limited liability company (“Thyme”), GEI Capital V, LLC, a Delaware limited liability company (“Capital”), Green V Holdings, LLC, a Delaware limited liability company (“Holdings”), Leonard Green & Partners, L.P., a Delaware limited partnership (“LGP”), LGP Management, Inc., a Delaware corporation (“LGPM”), Jonathan D. Sokoloff, and Jonathan A. Seiffer (the foregoing entities and persons collectively, the “Reporting Persons”) pursuant to their agreement to the joint filing of this Amendment, attached hereto as Exhibit 7.4 (the “Joint Filing Agreement”).

GEI V is the record owner of 22,653,876 shares of Common Stock as of the date of this statement. GEI Side V is the record owner of 6,795,430 shares of Common Stock as of the date of this statement. Thyme is the record owner of 219,268 shares of Common Stock as of the date of this statement. GEI V’s principal business is to pursue investments, and GEI Side V is an affiliated fund of GEI V in the same business. Thyme’s principal business is to invest in the Series A Preferred Stock. Capital is the general partner of GEI V and GEI Side V. Capital’s principal business is to act as the general partner of GEI V and GEI Side V. Holdings is a limited partner of GEI V and GEI Side V. Holdings’ principal business is to serve as a limited partner of GEI V and GEI Side V. LGP is an affiliate of Capital, and the manager of Thyme. LGP’s principal business is to act as the management company of GEI V, GEI Side V and other affiliated funds. LGPM is the general partner of LGP. LGPM’s principal business is to act as the general partner of LGP. Due to their relationships with GEI V, GEI Side V and Thyme, each of Capital, Holdings, LGP and LGPM may be deemed to have shared voting and investment power with respect to the Common Stock beneficially owned by GEI V, GEI Side V and Thyme. As such, Capital, Holdings, LGP and LGPM may be deemed to have shared beneficial ownership over such shares of Common Stock. Each of Capital, Holdings, LGP and LGPM, however, disclaims beneficial ownership of such shares of Common Stock.


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 12 of 20 Pages

 

Jonathan D. Sokoloff and Jonathan A. Seiffer directly (whether through ownership interest or position) or indirectly through one or more intermediaries may be deemed to control GEI V, GEI Side V, Thyme, Capital, Holdings, LGP and/or LGPM. Each of Messrs. Sokoloff and Seiffer is a director of the Issuer and a partner of LGP and may be deemed to have shared voting and investment power with respect to the shares of Common Stock beneficially owned by GEI V, GEI Side V and Thyme. As such, Messrs. Sokoloff and Seiffer may be deemed to have shared beneficial ownership over such shares of Common Stock. Messrs. Sokoloff and Seiffer, however, disclaim beneficial ownership of such shares of Common Stock.

The names of the directors and executive officers of LGPM are set forth on Schedule 1, which is incorporated herein by reference.

(b) The business address of each of the Reporting Persons and each of the directors and executive officers of LGPM is 11111 Santa Monica Boulevard, Suite 2000, Los Angeles, California 90025.

(c) Not applicable to GEI V, GEI Side V, Thyme, Capital, Holdings, LGP or LGPM.

Jonathan D. Sokoloff is a partner of LGP and a member of the board of directors of the Issuer.

Jonathan A. Seiffer is a partner of LGP and a member of the board of directors of the Issuer.

The present principal occupation of each of the directors and officers of LGPM is set forth on Schedule 1, which is incorporated herein by reference.

(d) None of the Reporting Persons has been convicted in a criminal proceeding during the last five years.

(e) None of the Reporting Persons has been party to any civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to 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 during the last five years.

(f) Each of the Reporting Persons, other than Messrs. Sokoloff and Seiffer, is organized under the laws of Delaware. Each of the directors and executive officers of LGPM is a United States citizen. Each of Messrs. Sokoloff and Seiffer is a United States citizen.

 

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

Not applicable.


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 13 of 20 Pages

 

ITEM 4. PURPOSE OF TRANSACTION

The amended statement of designations of Series A Preferred Stock (as amended, the “Statement of Designations”), filed by the Issuer with the Texas Secretary of State on April 12, 2009 as part of its Amended and Restated Articles of Incorporation, which is filed herewith as Exhibit 7.2, provides that, in certain circumstances, the Issuer may redeem the Series A Preferred Stock for cash (a “Redemption”) pursuant to a formula described in the Statement of Designations. Among other things, the Issuer is required to provide at least 30 days’, and not more than 60 days’, prior written notice (the “Notice of Redemption”) of any planned Redemption. The Notice of Redemption must also fix the date the Redemption will take place (the “Redemption Date”). The Statement of Designations also provides that holders of shares of the Series A Preferred Stock may convert those shares (the “Conversion Right”), at any time, into shares of Common Stock pursuant to a formula described in the Statement of Designations, provided that such conversion would not result in the holder beneficially owning in excess of 19.99% of the Issuer’s voting stock after such conversion. For further information, see the Statement of Designations.

On October 28, 2009, the Reporting Persons received a Notice of Redemption from the Issuer fixing November 27, 2009 as the Redemption Date. On November 26, 2009, the Reporting Persons exercised their Conversion Right with respect to 100% of their shares of Series A Preferred Stock. In exchange for their combined holdings of 425,000 shares of Series A Preferred Stock, the Reporting Persons received an aggregate of 29,668,574 shares of Common Stock.

The Reporting Persons may from time to time dispose of shares of Common Stock under the Issuer’s registration statement, Securities and Exchange Commission File No. 333-156384, or in open market transactions, including in accordance with Rule 144 promulgated under the Securities Act of 1933, as amended, as the Reporting Persons deem appropriate and advisable in accordance with market conditions and/or other factors. The Reporting Persons reserve the right to change their intention to dispose of their investments in the Issuer as they deem appropriate and advisable in light of existing circumstances from time to time.

Except as disclosed in this Item 4, none of GEI V, GEI Side V, Thyme nor any of the other Reporting Persons has any current plans or proposals which relate to or would result in any of the events described in clauses (a) through (j) of the instructions to Item 4 of Schedule 13D. The Reporting Persons, however, will take such actions with respect to the Reporting Persons’ investments in the Issuer as deemed appropriate in light of existing circumstances from time to time and reserve the right to dispose of securities of the Issuer, to enter into hedging relationships with respect to such securities, or to formulate other purposes, plans or proposals in the future depending on market conditions and/or other factors.


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 14 of 20 Pages

 

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

(a) and (b)

 

Reporting Persons

   Number of
Shares With
Sole Voting and
Dispositive
Power
   Number of
Shares With
Shared Voting
and Dispositive
Power
   Aggregate
Number of
Shares
Beneficially
Owned
   Percentage
of Class
Beneficially
Owned
 

GEI V

   0    29,668,574    29,668,574    17.4

GEI Side V

   0    29,668,574    29,668,574    17.4

Thyme

   0    29,668,574    29,668,574    17.4

Jonathan D. Sokoloff

   0    29,668,574    29,668,574    17.4

Jonathan A. Seiffer

   0    29,668,574    29,668,574    17.4

Other Reporting Persons

   0    29,668,574    29,668,574    17.4

(c) Not applicable.

(d) Not applicable.

(e) Not applicable.

 

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

On November 5, 2008, the Investors and the Issuer entered into a securities purchase agreement ( the “Purchase Agreement”), and on April 12, 2009, the parties to the Purchase Agreement entered into an amendment to the Purchase Agreement (the “First Amendment”). For a description of the Purchase Agreement and First Amendment, refer to our Schedule 13D and Amendment No. 1 to Schedule 13D filed with the Securities and Exchange Commission on and December 4, 2008 and April 20, 2009, respectively.

Pursuant to the Statement of Designations, the Series A Preferred Stock was initially convertible into shares of Common Stock at an initial conversion ratio of 68.9655 shares of Common Stock for each share of Series A Preferred Stock, representing a price of $14.50 per share of Common Stock. The conversion ratio was adjustable in the event dividends accrued on the Series A Preferred Stock but were not paid prior to a conversion. At the time the Reporting Persons converted their shares of Series A Preferred Stock, the conversion ratio was 69.8084 shares of Common Stock for each share of Series A Preferred Stock, and the Reporting Persons received an aggregate of 29,668,574 shares of Common Stock.


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 15 of 20 Pages

 

The Investors, voting as a separate class, are entitled to elect two members to the board of directors of the Issuer. Accordingly, pursuant to the terms of the Purchase Agreement, as amended, Jonathan D. Sokoloff and Jonathan A. Seiffer of LGP joined the board of directors of Whole Foods Market concurrently with the issuance of the Series A Preferred Stock. The Investors, however, may elect only one member of the Issuer’s board of directors once the Common Stock received in respect of exercise of the Conversion Right held by the Investors represents less than 10% of the Issuer’s voting securities, which right ceases once the Common Stock received in respect of exercise of the Conversion Right held by the Investors represents less than 7% of the Issuer’s voting securities. The Investors may use this right to elect to the Issuer’s board of directors only (i) persons approved by the nominating committee of the Issuer’s board of directors or (ii) persons who were partners of LGP at the time of the issuance of the Series A Preferred Stock. Under the Purchase Agreement, as amended, the Investors are entitled to designate one member to each of the committees of the board of directors and to nominate directors for election to the board of directors once their right to elect directors under the Statement of Designations ceases, in each case subject to certain limitations and ownership thresholds.

The Investors have agreed, pursuant to the Purchase Agreement, as amended, to vote all shares of the Issuer’s capital stock that the Investors are entitled to vote, whether now owned or later acquired: (i) in favor of directors nominated by the Issuer’s board of directors, (ii) against removal of directors designated by the nominating committee of the Issuer’s board of directors, and (iii) in accordance with the recommendation of the Issuer’s board of directors with respect to any proposed business combination between the Issuer and any other entity. The Investors are otherwise entitled to vote their shares of the Issuer as they see fit, in their sole discretion.

Each Investor has agreed, pursuant to the Purchase Agreement, as amended, not to acquire or agree, offer, seek or propose to acquire beneficial ownership of the Issuer’s voting securities to the extent that, after giving effect to such acquisition, such Investor and its commonly controlled or managed investment funds would beneficially own more than 35% of the Issuer’s voting securities on a fully-diluted basis.

At no time will any Investor transfer securities constituting 10% or more of the voting capital stock of the Issuer then outstanding to any entity or individual who does not agree to be bound by the Voting Restrictions and Standstill. At no time will any Investor transfer any securities to any retailer of grocery products in North America or the United Kingdom, or to any entity having direct or indirect majority ownership control of such a retailer.

The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, the Amended and Restated Articles of Incorporation, the First Amendment, and the Notice of Redemption filed herewith as Exhibits 7.1, 7.2, 7.3 and 7.6, respectively, and incorporated herein by reference.

Other than the matters disclosed above in response to Items 4 and 5 and this Item 6, none of the Reporting Persons is party to any contracts, arrangements, understandings or relationships with respect to any securities of the Issuer, including but not limited to the transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option agreements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 16 of 20 Pages

 

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

 

  7.1 Securities Purchase Agreement, dated as of November 5, 2008 (incorporated by reference to Exhibit 10.1 to Whole Foods Market, Inc.’s Form 8-K, filed with the Securities and Exchange Commission on December 2, 2008).

 

  7.2 Articles of Amendment to the Amended and Restated Articles of Incorporation of Whole Foods Market, Inc. (incorporated by reference to Exhibit 3.1 to Whole Foods Market, Inc.’s Form 8-K, filed with the Securities and Exchange Commission on April 16, 2009).

 

  7.3 Amendment No. 1 to the Securities Purchase Agreement, dated as of April 12, 2009 (incorporated by reference to Exhibit 10.1 to Whole Foods Market, Inc.’s Form 8-K, filed with the Securities and Exchange Commission on April 16, 2009).

 

  7.4 Joint Filing Agreement, dated December 3, 2008 (incorporated by reference to Exhibit 7.5 to the Reporting Persons’ Schedule 13D, filed with the Securities and Exchange Commission on December 4, 2008).

 

  7.5 Power of Attorney, dated December 2, 2008 (incorporated by reference to Exhibit 7.6 to the Reporting Persons’ Schedule 13D, filed with the Securities and Exchange Commission on December 4, 2008).

 

  7.6 Notice of Redemption to the Holders of Series A 8.00% Redeemable Convertible Exchangeable Preferred Stock, Par Value $0.01 Per Share, of Whole Foods Market, Inc., dated October 28, 2009 (incorporated by reference to Exhibit 7.7 to the Reporting Persons’ Schedule 13D, filed with the Securities and Exchange Commission on October 29, 2009).


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 17 of 20 Pages

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this Amendment is true, complete and correct.

Dated as of November 30, 2009

 

Green Equity Investors V, L.P.
By: GEI Capital V, LLC, its General Partner
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Manager
Green Equity Investors Side V, L.P.
By: GEI Capital V, LLC, its General Partner
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Manager
Thyme Coinvest, LLC
By: Leonard Green & Partners, L.P., its Manager
By: LGP Management, Inc., its General Partner
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Executive Vice President and Managing Partner
GEI Capital V, LLC
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Manager
Green V Holdings, LLC
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Manager


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 18 of 20 Pages

 

Leonard Green & Partners, L.P.
By: LGP Management, Inc., its General Partner
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Executive Vice President and Managing Partner
LGP Management, Inc.
By:  

/s/    CODY L. FRANKLIN        

Name:  

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

Title:   Executive Vice President, and Managing Partner
By:  

/s/    CODY L. FRANKLIN        

 

Cody L. Franklin, as Attorney-in-Fact for

Jonathan D. Sokoloff

By:  

/s/    CODY L. FRANKLIN        

 

Cody L. Franklin, as Attorney-in-Fact for

Jonathan A. Seiffer


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 19 of 20 Pages

 

EXHIBIT INDEX

 

EXHIBIT

NO.

  

DESCRIPTION

7.1

   Securities Purchase Agreement, dated as of November 5, 2008 (incorporated by reference to Exhibit 10.1 to Whole Foods Market, Inc.’s Form 8-K, filed with the Securities and Exchange Commission on December 2, 2008).

7.2

   Articles of Amendment to the Amended and Restated Articles of Incorporation of Whole Foods Market, Inc. (incorporated by reference to Exhibit 3.1 to Whole Foods Market, Inc.’s Form 8-K, filed with the Securities and Exchange Commission on April 16, 2009).

7.3

   Amendment No. 1 to the Securities Purchase Agreement, dated as of April 12, 2009 (incorporated by reference to Exhibit 10.1 to Whole Foods Market, Inc.’s Form 8-K, filed with the Securities and Exchange Commission on April 16, 2009).

7.4

   Joint Filing Agreement, dated December 3, 2008 (incorporated by reference to Exhibit 7.5 to the Reporting Persons’ Schedule 13D, filed with the Securities and Exchange Commission on December 4, 2008).

7.5

   Power of Attorney, dated December 2, 2008 (incorporated by reference to Exhibit 7.6 to the Reporting Persons’ Schedule 13D, filed with the Securities and Exchange Commission on December 4, 2008).

7.6

   Notice of Redemption to the Holders of Series A 8.00% Redeemable Convertible Exchangeable Preferred Stock, Par Value $0.01 Per Share, of Whole Foods Market, Inc., dated October 28, 2009 (incorporated by reference to Exhibit 7.7 to the Reporting Persons’ Schedule 13D, filed with the Securities and Exchange Commission on October 29, 2009).


CUSIP No. 966837106   

Schedule 13D/A

 

   Page 20 of 20 Pages

 

SCHEDULE 1

Directors and Executive Officers of LGPM

 

Name

  

Position with LGPM

John G. Danhakl    Director, Executive Vice President and Managing Partner
Peter J. Nolan    Director, Executive Vice President and Managing Partner
Jonathan D. Sokoloff    Director, Executive Vice President and Managing Partner
Lily Chang    Chief Operating Officer and Secretary
Cody L. Franklin    Chief Financial Officer
Julia O. Chang    Vice President of Tax and Finance
Jonathan A. Seiffer    Senior Vice President
John M. Baumer    Senior Vice President
Timothy J. Flynn    Senior Vice President
-----END PRIVACY-ENHANCED MESSAGE-----