UNITED STATES FORM 8-K Current Report Date of Report (Date of earliest event reported): November 12, 2003 Winnebago
Industries, Inc. |
IOWA (State of Incorporation) |
001-06403 (Commission File Number) |
42-0802678 (I.R.S. Employer Identification No.) |
P.O. BOX 152 Registrants telephone number, including area code: 641-585-3535 |
Hanson Capital Partners, LLC (HCP) has advised Winnebago Industries, Inc. (the Company) that HCP entered into a written plan on November 12, 2003, pursuant to SEC Rule 10b5-1(c) relating to future sales of the Companys common stock. As of November 12, 2003, HCP was the beneficial owner of 3,383,606 shares of the Companys common stock (or approximately 20% of currently outstanding shares). HCPs trading plan calls for daily sales of the Companys common stock in amounts dependent upon the prevailing market price. HCP intends to sell up to 700,000 shares of the Companys common stock under the trading plan. The trading plan terminates on March 31, 2004, unless terminated earlier in accordance with its terms. HCP is a Delaware limited liability company whose members are the Luise V. Hanson Qualified Terminable Interest Property Marital Deduction Trust (the QTIP Trust), which has a 34.9% membership interest in HCP, the Luise V. Hanson Revocable Trust, dated September 22, 1984 (the Revocable Trust), which has a 64.4% membership interest in HCP, the John V. Hanson Family Trust, which has a .2% membership interest in HCP, the Paul D. Hanson Family Trust, which has a .2% membership interest in HCP and the Mary Joan Boman Family Trust, which has a .2% membership interest in HCP. John V. Hanson, a director of the Company, Mary Joan Boman, the wife of Gerald E. Boman, a director of the Company, Paul D. Hanson and Bessemer Trust Company, N.A. act as co-trustees under the QTIP Trust and the Revocable Trust.
The following exhibit, a press release issued on November 14, 2003 to report HCPs execution of a SEC Rule 10b5-1 trading plan is included herein:
Ex. 99.1 Press Release
Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: November 14, 2003
By: /s/ Bruce D. Hertzke | |||
Name: Bruce D. Hertzke | |||
Title: Chief Executive Officer |
Exhibit Number | Description | ||
---|---|---|---|
99.1 | Press release of Winnebago Industries, Inc. dated November 14, 2003. |
EXHIBIT 99.1
Contact: | Sheila Davis, Public Relations/Investor Relations Manager | ||
641-585-6803 | |||
sdavis@winnebagoind.com |
FOREST CITY, IOWA, November 14, 2003 Winnebago Industries, Inc. (NYSE: WGO) announced today that it was informed that Hanson Capital Partners, LLC (HCP), which is owned and controlled by the family of Company founder John K. Hanson and his wife, Luise V. Hanson, entered into a written trading plan on November 12, 2003, pursuant to SEC Rule 10b5-1(c) relating to future sales of the Companys common stock. As of November 12, 2003 HCP was the owner of 3,383,606 shares of the Companys common stock, or approximately 20% of currently outstanding shares. HCPs trading plan calls for daily sales of the Companys common stock in amounts dependent upon the prevailing market price. HCP intends to sell up to 700,000, shares of the Companys common stock under the trading plan. The trading plan terminates on March 31, 2004, unless terminated earlier in accordance with its terms.
John V. Hanson, a Managing Director of HCP and a Director of the Company, stated that entering into the Rule 10b5-1 trading plan was another part of the strategy of the Hanson family and HCP, which it has been executing since 1997, to diversify its investment portfolio in an orderly manner.
Winnebago Industries, Inc. is the leading United States manufacturer of motor homes, self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. The Company builds quality motor homes under the Winnebago, Itasca, Rialta and Ultimate brand names with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines. The Companys common stock is listed on the New York, Chicago and Pacific Stock Exchanges and traded under the symbol WGO. Options for the Companys common stock are traded on the Chicago Board Options Exchange. For access to Winnebago Industries investor relations material, to add your name to an automatic email list for Company news releases or for information on a dollar-based stock investment service for the Companys stock, visit, www.winnebagoind.com/investor_relations.htm.
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