SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13D/A

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(a)

(Amendment No. 6)

 

 

USG CORPORATION

(Name of Issuer)

COMMON STOCK, PAR VALUE $0.10 PER SHARE

(Title of Class of Securities)

903293 40 5

(CUSIP Number)

MARC D. HAMBURG

BERKSHIRE HATHAWAY INC.

3555 FARNAM STREET

OMAHA, NEBRASKA 68131

(402) 346-1400

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 9, 2013

(Date of Event Which Requires Filing of this Statement)

 

 

If the 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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box.  ¨

 

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

 

1  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 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. 903293 40 5   SCHEDULE 13D/A   PAGE 2 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Warren E. Buffett

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

AF

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

U.S. citizen

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0 (see Item 5)

     8   

SHARED VOTING POWER

 

43,387,982 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0 (see Item 5)

   10   

SHARED DISPOSITIVE POWER

 

43,387,982 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

43,387,982 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

30.5% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

IN, HC

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 3 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Berkshire Hathaway Inc.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

AF

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

43,387,982 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

43,387,982 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

43,387,982 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

30.5% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

HC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 4 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

National Indemnity Company

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

AF

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Nebraska corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

39,002,017 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

39,002,017 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

39,002,017 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

27.4% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

IC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 5 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Berkshire Hathaway Life Insurance Company of Nebraska

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

WC

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Nebraska corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

14,035,088 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

14,035,088 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

14,035,088 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.9% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

IC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 6 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

Berkshire Hathaway Assurance Corporation

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

WC

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

7,894,737 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

7,894,737 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,894,737 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.6% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

IC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 7 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

General Re Corporation

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

AF

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

4,385,965 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

4,385,965 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,385,965 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.1% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

HC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 8 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

General Reinsurance Corporation

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

AF

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

4,385,965 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

4,385,965 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,385,965 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.1% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

IC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 9 OF 12 PAGES

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

General Re Life Corporation

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  x        

(b)  ¨

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS

 

WC

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Connecticut corporation

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

4,385,965 (see Item 5)

     9   

SOLE DISPOSITIVE POWER

 

0

   10   

SHARED DISPOSITIVE POWER

 

4,385,965 (see Item 5)

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,385,965 (see Item 5)

12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

¨

13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.1% (see Item 5)

14  

TYPE OF REPORTING PERSON*

 

IC, CO

 

* See instructions before filling out!


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 10 OF 12 PAGES

This Amendment No. 6 to Schedule 13D amends and supplements the information set forth in the Schedule 13D filed by certain of the Reporting Persons with the Securities and Exchange Commission (the “Commission”) on January 31, 2006 (the “13D”), as subsequently amended thereafter, with respect to the shares of Common Stock, par value $0.10 per share (“Common Stock”) of USG Corporation (“USG”). On December 9, 2013, Berkshire Hathaway Life Insurance Company of Nebraska, a Nebraska corporation (“BH Nebraska”), Berkshire Hathaway Assurance Corporation, a New York corporation (“BH Assurance”), and General Re Life Corporation, a Connecticut corporation (“General Re Life”), acquired a total of 21,388,597 shares of Common Stock in the aggregate (the “Conversion Shares”) upon their election to convert into Common Stock certain 10% Contingent Convertible Senior Notes due 2018 (the “Notes”) of USG held by them in the aggregate principal amount of $243,830,000, which Notes had been called for redemption by USG (the “Called Notes”), as described in Items 3 through 5 herein. This Amendment No. 6 also updates the previously reported information as to the beneficial ownership of Warren E. Buffett and the following entities (collectively, the “Berkshire Entities”) — Berkshire Hathaway Inc., National Indemnity Company, BH Nebraska, BH Assurance, General Re Life, General Re Corporation, a Delaware corporation (“General Re”), and General Reinsurance Corporation, a Delaware corporation (“General Reinsurance”) — of Common Stock of USG as of December 9, 2013. All changes in beneficial ownership figures reported herein are solely as a result of the issuance of the Conversion Shares upon conversion of the Called Notes, and an increase in the total number of shares of Common Stock issued and outstanding as reported by USG since the filing of the most recent amendment to this 13D. The Reporting Persons (Mr. Buffett and the Berkshire Entities are referred to herein collectively as “Reporting Persons”) have not purchased or sold USG Common Stock or Notes. Capitalized terms used herein without definition shall have the meaning assigned to such terms in the 13D.

Item 3 is hereby amended to add the following:

On November 15, 2013, USG issued a notice of redemption to redeem on December 16, 2013, $325 million in aggregate principal amount of the Notes. The Notes called for redemption would be subject to redemption at the stated redemption price equal to 105% of the aggregate principal amount of such Notes, plus accrued and unpaid interest to (but not including) the redemption date, unless the holders of the Notes that were called for redemption converted such Notes prior to the redemption date. The Called Notes were convertible into 87.7193 shares of Common Stock per $1,000 principal amount of Notes (based on the conversion price of $11.40 per share). If the Berkshire Entities declined to convert the Called Notes and allowed such Notes to be redeemed, the Berkshire Entities would have received an aggregate redemption payment in an amount less than the value of the Common Stock received on conversion, based on the market price of the Common Stock at the time of the conversion by the Berkshire Entities. BH Nebraska, BH Assurance and General Re Life elected to convert the Called Notes held by them, in the aggregate principal amount of $243,830,000, into the Conversion Shares totaling 21,388,597 shares of Common Stock in the aggregate. Accordingly, on December 9, 2013, (i) BH Nebraska acquired 11,403,509 shares of Common Stock upon conversion of the Called Notes held by it in the principal amount of $130,000,000, (ii) BH Assurance acquired 6,414,474 shares of Common Stock upon conversion of the Called Notes held by it in the principal amount of $73,125,000, and (iii) General Re Life acquired 3,570,614 shares of Common Stock upon conversion of the Called Notes held by it in the principal amount of $40,705,000.

The conversion of the Called Notes was the sole consideration used to acquire the Conversion Shares, and no funds or consideration were borrowed or obtained for the purposes of acquiring the Conversion Shares. As previously reported by the Reporting Persons in Amendment No. 5 to the Schedule 13D filed on February 11, 2009 (“Amendment No. 5”), the subject Notes were purchased in February 2009 in a private placement by the Issuer of $400 million aggregate principal amount of Notes. The subject Notes were acquired using internally generated funds of BH Nebraska, BH Assurance and General Re Life. No funds or consideration were borrowed or obtained for the purposes of acquiring the subject Notes.

Item 4 is hereby amended to add the following:

BH Nebraska, BH Assurance and General Re Life acquired the Conversion Shares for investment purposes.


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 11 OF 12 PAGES

Item 5 is hereby amended to replace the amendments to Item 5 made in Amendment No. 5 with the following additions to Item 5:

(a) BH Nebraska is the holder of (i) 11,403,509 shares of Common Stock (the “BH Nebraska Shares”), and (ii) $30 million aggregate principal amount of the Notes (the “BH Nebraska Notes”), which, to the knowledge of the Reporting Persons, if converted, would, together with the BH Nebraska Shares, constitute approximately 9.9% of USG’s outstanding Common Stock. BH Assurance is the holder of (1) 6,414,474 shares of Common Stock (the “BH Assurance Shares,” and together with the BH Nebraska Shares, the “Nebraska/Assurance Shares”), and (2) $16,875,000 aggregate principal amount of the Notes, which, to the knowledge of the Reporting Persons, if converted, would, together with the BH Assurance Shares, constitute approximately 5.6% of USG’s outstanding Common Stock (the “BH Assurance Notes,” and together with the BH Nebraska Notes, the “Nebraska/Assurance Notes”). General Re Life is the holder of (x) 3,570,614 shares of Common Stock (the “General Re Life Shares”), and (y) $9,295,000 aggregate principal amount of the Notes, which, to the knowledge of the Reporting Persons, if converted, would, together with the Gen Re Life Shares, constitute approximately 3.1% of USG’s outstanding Common Stock (the “General Re Life Notes”). The percentages of outstanding shares stated herein are based on the number of shares of Common Stock disclosed as outstanding on the Issuer’s Form 10-Q filed with the Commission on October 24, 2013 together with the additional number of shares of Common Stock subsequently reported as being issued on the Issuer’s Current Report on Form 8-K filed with the Commission on December 13, 2013, as well as the shares of Common Stock issuable upon conversion of the remaining Notes owned by the Reporting Persons, but do not reflect any other changes, if any, in shares outstanding.

Mr. Buffett may be deemed to control Berkshire, which controls BH Nebraska, BH Assurance and General Re Life. Thus, both Mr. Buffett and Berkshire may be considered to have beneficial ownership of the Nebraska/Assurance Shares, the Nebraska/Assurance Notes, the General Re Life Shares and the General Re Life Notes. NICO, a direct subsidiary of Berkshire and the direct parent company of BH Nebraska and BH Assurance, also may be considered to have beneficial ownership of the Nebraska/Assurance Shares and the Nebraska/Assurance Notes. General Reinsurance, an indirect subsidiary of Berkshire and the direct parent company of General Re Life, also may be considered to have beneficial ownership of the General Re Life Shares and the General Re Life Notes. General Re, a direct subsidiary of Berkshire and the direct parent company of General Reinsurance, also may be considered to have beneficial ownership of the General Re Life Shares and the General Re Life Notes.

(b) BH Nebraska has voting and investment power with respect to the BH Nebraska Shares and the BH Nebraska Notes. BH Assurance has voting and investment power with respect to the BH Assurance Shares and the BH Assurance Notes. However, Mr. Buffett, Chairman of the Board of Directors of Berkshire, who may be deemed to control BH Nebraska and BH Assurance, directs the investment of BH Nebraska and BH Assurance. Thus, Mr. Buffett, Berkshire, and NICO share voting and investment power with respect to the Nebraska/Assurance Shares and the Nebraska/Assurance Notes. General Re Life has voting and investment power with respect to General Re Life Shares and the General Re Life Notes. However, Mr. Buffett, Chairman of the Board of Directors of Berkshire, who may be deemed to control General Re Life, directs the investment of General Re Life. Thus, Mr. Buffett, Berkshire, General Reinsurance and General Re share voting and investment power with respect to the General Re Life Shares and the General Re Life Notes.

(c) As described in Item 3 above, on December 9, 2013, (i) BH Nebraska acquired 11,403,509 shares of Common Stock upon conversion of the Called Notes held by it in the principal amount of $130,000,000, (ii) BH Assurance acquired 6,414,474 shares of Common Stock upon conversion of the Called Notes held by it in the principal amount of $73,125,000, and (iii) General Re Life acquired 3,570,614 shares of Common Stock upon conversion of the Called Notes held by it in the principal amount of $40,705,000. The Called Notes were converted into 87.7193 shares of Common Stock per $1,000 principal amount of Called Notes, which is equivalent to a conversion price of $11.40 per share.

No other Reporting Person acquired any shares of USG Common Stock since the filing of Amendment No. 5.

Item 7. Material to be Filed as Exhibits

 

Exhibit No.

  

Description

1    Certain Information About the Reporting Persons and the Executive Officers and Directors of the Reporting Persons


CUSIP NO. 903293 40 5   SCHEDULE 13D/A   PAGE 12 OF 12 PAGES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement on Schedule 13D is true, complete, and correct.

Dated: December 31, 2013

 

WARREN E. BUFFETT
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact
BERKSHIRE HATHAWAY INC.
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Senior Vice President
NATIONAL INDEMNITY COMPANY
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact


BERKSHIRE HATHAWAY LIFE INSURANCE COMPANY OF NEBRASKA
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact
BERKSHIRE HATHAWAY ASSURANCE CORPORATION
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact
GENERAL RE CORPORATION
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact
GENERAL REINSURANCE CORPORATION
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact


GENERAL RE LIFE CORPORATION
By:  

/S/ MARC D. HAMBURG

Name: Marc D. Hamburg
Title:   Attorney-In-Fact

Exhibit 1

Exhibit 1

CERTAIN INFORMATION ABOUT THE REPORTING PERSONS

AND THE EXECUTIVE OFFICERS AND DIRECTORS OF THE REPORTING PERSONS

Set forth below is information about (i) the name, state of organization, principal business, and the address of the principal office of each of the Berkshire Entities and (ii) the name and title of each executive officer and director of the Berkshire Entities, his or her business address, his or her present principal occupation or employment, the name, principal business, and address of any corporation or other organization in which such employment is conducted, and his or her country of citizenship.

(1) Berkshire Hathaway Inc.

Berkshire Hathaway Inc., a Delaware corporation (“Berkshire”), is a holding company engaged through its subsidiaries in a number of diverse businesses, the most important of which is property and casualty insurance and reinsurance offered on both a direct and reinsurance basis through its insurance subsidiaries. The principal office of Berkshire is located at 1440 Kiewit Plaza, Omaha, Nebraska 68131. The executive officers of Berkshire are Warren E. Buffett, Chairman and Chief Executive Officer, Charles T. Munger, Vice Chairman, and Marc D. Hamburg, Senior Vice President and Chief Financial Officer. The directors of Berkshire are Warren E. Buffett, Charles T. Munger, Howard G. Buffett, Susan L. Decker, William H. Gates, David S. Gottesman, Charlotte Guyman, Donald R. Keough, Thomas S. Murphy, Ronald L. Olson, Walter Scott, Jr., and Meryl B. Witmer.

(2) National Indemnity Company

National Indemnity Company, a Nebraska corporation (“NICO”), is a property and casualty insurance company. The principal office of NICO is located at 3024 Harney Street, Omaha, Nebraska 68131. The executive officers of NICO are Donald F. Wurster, President, Ajit Jain, Executive Vice President, Phillip M. Wolf, Senior Vice President, Dale Geistkemper, Treasurer, and J. Michael Gottschalk, Vice President. The directors of NICO are Donald F. Wurster, Phillip M. Wolf, Marc D. Hamburg, Brian G. Snover, J. Michael Gottschalk, Ajit Jain, and Daniel J. Jaksich.

(3) Berkshire Hathaway Life Insurance Company of Nebraska

Berkshire Hathaway Life Insurance Company of Nebraska, a Nebraska corporation (“BH Nebraska”), is a life insurance company. The principal office of BH Nebraska is located at 3024 Harney Street, Omaha, Nebraska 68131. The executive officers of BH Nebraska are Donald F. Wurster, President, Brian G. Snover, Secretary, and Dale L. Geistkemper, Treasurer. The directors of BH Nebraska are Marc D. Hamburg, Ajit Jain, Arvind Krishnamurthy, Brian G. Snover, and Donald F. Wurster.

(4) Berkshire Hathaway Assurance Corporation

Berkshire Hathaway Assurance Corporation, a New York corporation (“BH Assurance”), is a property and casualty insurance company. The principal office of BH Assurance is located at Marine Air Terminal, LaGuardia Airport, Flushing, New York 11371. The executive officers of BH Assurance are Donald F. Wurster, President, Erica B. Duffy, Secretary, and Dale D. Geistkemper, Treasurer. The directors of BH Assurance are John D. Arent, Erica B. Duffy, Lori J. Friedman, Dale G. Geistkemper, Ajit Jain, Brian G. Snover, and Donald F. Wurster.

(5) General Re Corporation

General Re Corporation, a Delaware corporation (“General Re”), is an intermediate holding company which is a direct wholly-owned subsidiary of Berkshire. The principal office of General Re is located at 120 Long Ridge Road, Stamford, Connecticut 06902. The executive officers of General Re are Franklin Montross IV, Chairman and Chief Executive Officer, William G. Gasdaska, Senior Vice President and Chief Financial Officer, and Damon N. Vocke, Executive Vice President. The directors of General Re are Sandra L. Bell, Salvatore Curiale, I. John Cholnoky, Janice C. Englesbe, William G. Gasdaska, Winfried Heinen, Robert M. Jones, Steven J. Mannik, Franklin Montross IV, and Damon N. Vocke.

(6) General Reinsurance Corporation

General Reinsurance Corporation, a Delaware corporation (“General Reinsurance”), is a property and casualty insurance company. The principal office of General Reinsurance is located at 120 Long Ridge Road, Stamford, Connecticut 06902. The executive officers of General Reinsurance are Franklin Montross IV, Chairman and Chief Executive Officer, I. John Cholnoky, President, William G. Gasdaska, Senior Vice President and Chief Financial Officer, Damon N. Vocke, Senior Vice President, Robert D. Sciolla, Executive Vice President, and A. Morris Tooker, Executive Vice President. The directors of General Reinsurance are Nicholas S. Canelos, I. John Cholnoky, William G. Gasdaska, Kenneth R. Lundgren, Daniel K. Lyons, Franklin Montross IV, A. Morris Tooker, and Damon N. Vocke.


(7) General Re Life Corporation

General Re Life Corporation, a Delaware corporation (“General Re Life”), is a life insurance company. The principal office of General Re Life is located at 120 Long Ridge Road, Stamford, Connecticut 06902. The executive officers of General Re Life are Steven J. Mannik, President and Chief Executive Officer, Vincent A. DeMarco, Senior Vice President, Christopher R. Bello, Vice President, and Joseph Conetta, Treasurer. The directors of General Re Life are Winfried Heinen, Steven J. Mannik, and Franklin Montross IV.

 

Name

  

Principal Occupation

  

Business Address

  

Country of Citizenship

John D. Arent    Vice President of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States
Sandra L. Bell    Senior Vice President, General Re Corporation    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Nicholas S. Canelos    Global Head of Claims, General Reinsurance    120 Long Ridge Road, Stamford, Connecticut 06902    United States
I. John Cholnoky    President of General Reinsurance    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Joseph Conetta    Treasurer, General Re Life    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Salvatore Curiale    Retired    38 Superior Road, Bellrose Village, New York, 11001    United States
Howard G. Buffett    President of Buffett Farms and the Howard G. Buffett Foundation    407 Southmoreland Place, Decatur, Illinois 62521, which is the same address for Buffett Farms and BioImages    United States
Warren E. Buffett    Chairman and Chief Executive Officer of Berkshire    1440 Kiewit Plaza, Omaha, Nebraska 68131    United States
Susan L. Decker    Former President of Yahoo! Inc., a global internet brand    P.O. Box 69, Belvedere, California 94920    United States
Erica B. Duffy    Attorney, National Liability & Fire Insurance Company    3024 Harney Street, Omaha, Nebraska, 68131    United States
Janice C. Engelsbe    Director of General Re Corporation    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Lori J. Friedman    Attorney, National Liability & Fire Insurance Company    3024 Harney Street, Omaha, Nebraska, 68131    United States
William G. Gasdaska    Senior Vice President and Chief Financial Offier of General Re    695 East Main Street, Stamford, Connecticut 06901    United States
William H. Gates    Co-Chair of the Bill and Melinda Gates Foundation    4110 Carillon Point, Kirkland, Washington 98033    United States
Dale Geistkemper    Treasurer of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States


Name

  

Principal Occupation

  

Business Address

  

Country of Citizenship

David S. Gottesman    Senior Managing Director of First Manhattan Company, an investment advisory firm    437 Madison Avenue, New York, New York 10022    United States
J. Michael Gottschalk    Vice President of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States
James M. Greenwood    Senior Vice President of General Re Life    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Charlotte Guyman    Director of UW Medicine, an academic medical center    1127 Evergreen Point Road, Medina, Washington 98039    United States
Marc D. Hamburg    Senior Vice President and Chief Financial Officer of Berkshire    1440 Kiewit Plaza, Omaha, Nebraska 68131    United States
Ajit Jain    Executive Vice President of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States
Daniel J. Jaksich    Vice President and Controller of Berkshire    1440 Kiewit Place, Omaha, Nebraska 68131    United States
Robert M. Jones    Director, General Re Corporation    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Donald R. Keough    Chairman of Allen and Company Incorporated, an investment banking firm    DMK International 200 Galleria Parkway, Atlanta, Georgia 30339    United States
Arvind Krishnamurthy    Insurance Executive, National Liability & Fire Insurance Company    3024 Harney Street, Omaha, Nebraska, 68131    United States
Kenneth R. Lundgren    Chief Underwriting Officer of General Reinsurance    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Daniel K. Lyons    Global Head of Actuarial Department, General Re    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Steven G. Mannik    President and Chief Executive Officer of General Re Life    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Franklin Montross IV    Chairman and Chief Executive Officer, General Re    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Charles T. Munger    Vice Chairman of Berkshire    355 South Grand Avenue, 34th Floor, Los Angeles, California 90071-1560    United States
Thomas S. Murphy    Former Chairman and Chief Executive Officer of Capital Cities/ABC    c/o ABC Inc., 77 West 66th Street, New York, New York 10023    United States
Ronald L. Olson    Partner in the law firm of Munger, Tolles & Olson LLP    355 South Grand Avenue, 35th Floor, Los Angeles, California 90071-1560    United States
Robert D. Sciolla    Executive Vice President, General Reinsurance    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Walter Scott, Jr.    Chairman of the Board of Directors of Level 3 Communications, Inc., which is engaged in telecommunications and computer outsourcing    1025 El Dorado Boulevard, Broomfield, Colorado 80021, which is the same address for Level 3 Communications, Inc.    United States


Name

  

Principal Occupation

  

Business Address

  

Country of Citizenship

Brian G. Snover    Vice President of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States
A. Morris Tooker    Executive Vice President, General Reinsurance    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Damon N. Vocke    Executive Vice President of General Re    120 Long Ridge Road, Stamford, Connecticut 06902    United States
Meryl B. Witmer    Principal, Eagle Capital Partners L.P.    655 Third Avenue, New York, NY 10017    United States
Phillip M. Wolf    Senior Vice President of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States
Donald F. Wurster    President of NICO    3024 Harney Street, Omaha, Nebraska 68131    United States