X0303 4 2009-06-24 0 0001051771 BELK INC NONE 0001222730 BELK H W MCKAY C/O BELK, INC. 2801 WEST TYVOLA ROAD CHARLOTTE NC 28217-4500 1 1 1 0 President/Chief Mdsing Officer Class A Common Stock 2009-06-24 4 D 0 224422 11.90 D 633844 D Class A Common Stock 202026 I Trustee GRAT #1 Class A Common Stock 2009-06-24 4 D 0 33914 11.90 D 0 I Spouse Class A Common Stock 121260 I Custodian Class A Common Stock 137751 I Trustee Class A Common Stock 137793 I Trustee Class A Common Stock 2265090 I Trustee Class A Common Stock 1221842 I Brothers Investment Company Class A Common Stock 444212 I Milburn Investment Company Class B Common Stock 3948 I Custodian Class B Common Stock 7998 I Trustee Class B Common Stock 7998 I Trustee 224,422 shares of Class A common stock were sold by Reporting Person at $11.90 per share to the issuer. 633,844 shares of Class A common stock are held in Reporting Person's name and/or H.W. McKay Belk, Trustee U/A dated 11/21/07, Reporting Person's grantor trust. 202,026 shares of Class A common stock are held by H.W. McKay Belk Grantor Retained Annuity Trust dated June 16, 2006. Reporting Person is the Trustee. 33,914 shares of Class A common stock were sold by Nina F. Belk, Reporting Person's spouse, at $11.90 per share to the issuer. 121,260 shares of Class A common stock are held by Reporting Person as custodian of his minor children. 137,751 shares of Class A common stock are held by Katherine Whitner Belk Irrevocable Trust dated April 9, 2008. Voting and investment power is shared by Katherine Whitner Belk, Nina Ferguson Belk and H.W. McKay Belk, the Trustees. 137,793 shares of Class A common stock are held by Nina Cabell Belk Irrevocable Trust dated April 4, 2008. Voting and investment power is shared by Nina Cabell Belk, Nina Ferguson Belk and H.W. McKay Belk, the Trustees. 2,265,090 shares of Class A common stock are held by Katherine McKay Belk Irrevocable Trust dated November 6, 2000. Voting and investment power is shared by Katherine McKay Belk, Thomas M. Belk, Jr., H.W. McKay Belk, John R. Belk and Katherine Belk Morris. 1,221,842 shares of Class A common stock are held by Brothers Investment Company, which corporation is equally owned by John M. Belk 1999 Grantor Trust and the heirs of Thomas M. Belk. Voting and investment power is shared by Susan N. Jamison, Katherine Belk Morris and Wachovia Bank National Association, Co-Trustees of the John M. Belk 1999 Grantor 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. 444,212 shares of Class A common stock are held by Milburn Investment Company. Voting and investment power is shared by Katherine McKay Belk, Thomas M. Belk, Jr., H.W. McKay Belk, John R. Belk and Katherine Belk Morris. 3,948 shares of Class B common stock are held by Reporting Person as custodian of his minor children. 7,998 shares of Class B common stock are held by Katherine Whitner Belk Irrevocable Trust dated April 9, 2008. Voting and investment power is shared by Katherine Whitner Belk, Nina Ferguson Belk and H.W. McKay Belk, the Trustees. 7,998 shares of Class B common stock are held by Nina Cabell Belk Irrevocable Trust dated April 4, 2008. Voting and investment power is shared by Nina Cabell Belk, Nina Ferguson Belk and H.W. McKay Belk, the Trustees. H.W. McKay Belk by Betty F. Buchanan, POA 2009-06-26