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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
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. 37)
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LIMITED BRANDS, INC.
(Name of Issuer)
Common Stock, $0.50 Par Value 532716-10-7
- --------------------------------------- ---------------------------------------
(Title of class of securities) (CUSIP number)
Raymond O. Gietz, Esq.
Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, New York 10153
(212) 310-8000
- --------------------------------------------------------------------------------
(Name, address and telephone number of person authorized
to receive notices and communications)
December 21, 2009
- --------------------------------------------------------------------------------
(Date of event which requires filing of this statement)
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 Rules 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [_].
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CUSIP No. 532716-10-7 13D Page 2
- -------------------------------------- ------------------------------------------
- -----------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: Leslie H. Wexner
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
- -----------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO [_]
ITEM 2(d) OR 2(e):
- -----------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF United States
ORGANIZATION:
- -----------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 26,958,936
SHARES
-------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 28,630,692
OWNED BY
-------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 28,318,371
REPORTING
-------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 28,630,692
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 56,949,063
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.6%
- -----------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
- -----------------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
2
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CUSIP No. 532716-10-7 13D Page 3
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1 NAME OF REPORTING PERSON: Abigail S. Wexner
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF OO
FUNDS:
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO [_]
ITEM 2(d) OR 2(e):
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6 CITIZENSHIP OR PLACE OF United States
ORGANIZATION:
- -----------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: -0-
SHARES
-------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 11,963,293
OWNED BY
-------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
-------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 11,963,293
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 11,963,293
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [x]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 3.7%
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14 TYPE OF REPORTING PERSON: IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
3
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CUSIP No. 532716-10-7 13D Page 4
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1 NAME OF REPORTING PERSON: Wexner Personal Holdings Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [_]
PURSUANT TO ITEM 2(d) OR 2(e):
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6 CITIZENSHIP OR PLACE OF Delaware
ORGANIZATION:
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NUMBER OF 7 SOLE VOTING POWER: 4,892,608
SHARES
-----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE 4,892,608
REPORTING POWER:
-----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE -0-
POWER:
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 4,892,608
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 1.5%
- -----------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
4
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CUSIP No. 532716-10-7 13D Page 5
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1 NAME OF REPORTING PERSON: The Concierge Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [_]
PURSUANT TO ITEM 2(d) OR 2(e):
- -----------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF Ohio
ORGANIZATION:
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NUMBER OF 7 SOLE VOTING POWER: 168,561
SHARES
-----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE 168,561
REPORTING POWER:
-----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE -0-
POWER:
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 168,561
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): <0.1%
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14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
5
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CUSIP No. 532716-10-7 13D Page 6
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1 NAME OF REPORTING PERSON: Whitebarn GRAT
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
- -----------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [_]
PURSUANT TO ITEM 2(d) OR 2(e):
- -----------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF New York
ORGANIZATION:
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NUMBER OF 7 SOLE VOTING POWER: 126,501
SHARES
-----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE 126,501
REPORTING POWER:
-----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE -0-
POWER:
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 126,501
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): <0.1%
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14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
6
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CUSIP No. 532716-10-7 13D Page 7
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1 NAME OF REPORTING PERSON: The Acorn Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
- -----------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO [_]
ITEM 2(d) OR 2(e):
- -----------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF New York
ORGANIZATION:
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NUMBER OF 7 SOLE VOTING POWER: 2,202,953
SHARES
-------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 2,202,953
REPORTING
-------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,202,953
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.7%
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14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
7
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CUSIP No. 532716-10-7 13D Page 8
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1 NAME OF REPORTING PERSON: Cyprus Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO [_]
ITEM 2(d) OR 2(e):
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6 CITIZENSHIP OR PLACE OF New York
ORGANIZATION:
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NUMBER OF 7 SOLE VOTING POWER: 5,000,000
SHARES
-------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 5,000,000
REPORTING
-------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 5,000,000
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 1.6%
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14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
8
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CUSIP No. 532716-10-7 13D Page 9
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1 NAME OF REPORTING PERSON: Dogwood Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [_]
PURSUANT TO ITEM 2(d) OR 2(e):
- -----------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF New York
ORGANIZATION:
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NUMBER OF 7 SOLE VOTING POWER: 5,000,000
SHARES
-----------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-----------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE 5,000,000
REPORTING POWER:
-----------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE -0-
POWER:
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 5,000,000
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 1.6%
- -----------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
9
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CUSIP No. 532716-10-7 13D Page 10
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1 NAME OF REPORTING PERSON: The Linden Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF N/A
FUNDS:
- -----------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO [_]
ITEM 2(d) OR 2(e):
- -----------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF New York
ORGANIZATION:
- -----------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 9,464,446
SHARES
-------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: -0-
OWNED BY
-------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 9,464,446
REPORTING
-------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: -0-
- -----------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 9,464,446
- -----------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_]
SHARES:
- -----------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 2.9%
- -----------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
- -----------------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
10
This Amendment No. 37 amends the Schedule 13D dated June 25, 1985,
as amended in certain respects by Amendments No. 1 through 36 thereto, and is
filed by Leslie H. Wexner, for and on behalf of himself, Abigail S. Wexner,
Wexner Personal Holdings Corporation, The Concierge Trust, Whitebarn GRAT, The
Acorn Trust, Cyprus Trust, Dogwood Trust, and The Linden Trust (collectively,
the "Purchasers"), with respect to the common stock, $0.50 par value per share
(the "Common Stock"), of Limited Brands, Inc. (the "Company").
Item 2. Identity and background.
-----------------------
Item 2 is amended as follows:
Trust Four Hundred (400) (as successor to Trust 400), The Acorn
Trust, Cyprus Trust, Dogwood Trust, and The Linden Trust are trusts organized
under the laws of New York. The principal business of each trust is investments,
and the principal business address of each trust is 8000 Walton Parkway, New
Albany, Ohio 43054. Leslie H. Wexner and Dennis S. Hersch are the trustees of
The Acorn Trust and Cyprus Trust. Abigail S. Wexner and Dennis S. Hersch are the
trustees of Trust Four Hundred (400) and Dogwood Trust. Dennis Hersch is the
trustee of The Linden Trust. During the last five years neither Trust Four
Hundred (400), The Acorn Trust, Cyprus Trust, Dogwood Trust, or The Linden Trust
nor Leslie S. Wexner, Abigail S. Wexner or Dennis S. Hersch has been (i)
convicted of any criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) a party to a 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. Other
information required by Item 2 of Schedule 13D with respect to Leslie H. Wexner,
Abigail S. Wexner, and Dennis S. Hersch has been reported previously.
Trust 600, Issue Trust, R.H.R.E.I. Trust, The Family Trust, Trust
400, and Trust Four Hundred (400) each have ceased to be a Purchaser since each
no longer beneficially owns any shares of Common Stock.
An agreement among the Purchasers with respect to the filing of this
statement is attached hereto as Exhibit 1.
Item 3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
Item 3 is amended as follows:
Items 5(c) and 6 of this Amendment No. 37 to Schedule 13D
are incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a) The responses of the Purchasers to Rows (11) through (13) of the
cover pages of this Amendment No. 37 are incorporated herein by reference. As of
December 22, 2009, the Purchasers beneficially owned the number shares of the
Common Stock listed below, representing approximately the percentage of the
outstanding shares of Common Stock set forth opposite such number (the
outstanding shares of Common Stock, 322,290,513, being based on the number of
shares outstanding as of November 27, 2009 as reported in the Company's
11
Quarterly Report on Form 10-Q for the quarterly period ended October 31, 2009),
as determined in accordance with Rule 13d-3.
Percent
Person Number of Shares of Class
------------------- ------------------------- ---------
Leslie H. Wexner 56,949,063 (1)(3)(4)(5)(6)(7)(8)(9) 17.6%
Abigail S. Wexner 11,963,293 (2)(5)(8) 3.7%
Wexner Personal Holdings
Corporation 4,892,608 (3) 1.5%
The Concierge Trust 168,561 (4) < 0.1%
Whitebarn GRAT 126,501 (5) < 0.1%
The Acorn Trust 2,202,953 (6) 0.7%
Cyprus Trust 5,000,000 (7) 1.6%
Dogwood Trust 5,000,000 (8) 1.6%
The Linden Trust 9,464,446 (9) 2.9%
- ------------------------------
(1) Includes: 1,359,435 shares held in Limited Brands Savings and Retirement
Plan for Mr. Wexner's account (as of November 30, 2009) over which Mr.
Wexner exercises dispositive but not voting control; and 1,667,798 shares
issuable within approximately 60 days upon exercise of outstanding options
held by Mr. Wexner. Also includes 6,836,792 shares (including 4,216 shares
issuable within approximately 60 days upon exercise of outstanding
options) beneficially owned by Abigail S. Wexner, Mr. Wexner's wife, as to
which Mr. Wexner may be deemed to share the power to vote and direct the
disposition.
(2) Includes 4,216 shares issuable within approximately 60 days upon exercise
of outstanding options held by Mrs. Wexner. The power to vote or direct
the disposition of the shares beneficially owned by Mrs. Wexner may be
deemed to be shared with her husband, Leslie H. Wexner. Excludes
44,985,770 shares beneficially owned by Leslie H. Wexner, Mrs. Wexner's
husband, as to which Mrs. Wexner disclaims beneficial ownership.
(3) Power to vote or direct the disposition of the 4,892,608 shares held by
Leslie H. Wexner as the sole stockholder, director and officer of Wexner
Personal Holdings Corporation.
(4) Power to vote or direct the disposition of the 168,561 shares held by
Leslie H. Wexner as the sole trustee of The Concierge Trust.
(5) Power to vote or direct the disposition of the 126,501 shares held by
Whitebarn GRAT may be deemed to be shared by Leslie H. Wexner and its two
trustees, Abigail S. Wexner and Dennis S. Hersch.
(6) Power to vote or direct the disposition of the 2,202,953 shares held by
The Acorn Trust may be deemed to be shared by Leslie H. Wexner and Dennis
S. Hersch, who is the sole trustee.
12
(7) Power to vote or direct the disposition of the 5,000,000 shares held by
Cyprus Trust may be deemed to be shared by Leslie H. Wexner and Dennis S.
Hersch, who is the sole trustee.
(8) Power to vote or direct the disposition of the 5,000,000 shares held by
Dogwood Trust may be deemed to be shared by Leslie H. Wexner and its two
trustees, Abigail S. Wexner and Dennis S. Hersch.
(9) Power to vote or direct the disposition of the 9,464,446 shares held by
The Linden Trust may be deemed to be shared by Leslie H. Wexner and Dennis
S. Hersch, who is the sole trustee.
(b) The responses of the Purchasers to (i) Rows (7) through (10) of
the cover pages of this Amendment No. 37 and (ii) Item 5(a) hereof are
incorporated herein by reference.
(c) In addition to the transactions described in Item 6 of this
Amendment No. 37 (which are hereby incorporated herein by reference), during the
past 60 days the Purchasers effected the following transaction in the Common
Stock:
Date of Amount of Price per Where and
Person Transaction Securities Share How Effected
- ----------------- ----------- ------------ --------- ------------------------
Abigail S. Wexner 11/2/09 2,205 shares $7.94 Abigail S. Wexner,
for service as a
director of the Company,
received from the
Company, fees in shares
of Common Stock.
(d), (e): Not Applicable
Furthermore, as of December 22, 2009, Dennis S. Hersch beneficially
owned 24,004 shares of the Common Stock, which includes 23,465 shares that could
be issuable within approximately 60 days upon conversion of outstanding stock
units held by Mr. Hersh following his termination of service as a director of
the Company. Mr. Hersch was credited under a Company plan with 3,779 stock units
on November 2, 2009, for service as a director of the Company. Mr. Hersch's
beneficial ownership represents less than 0.1% of the outstanding shares of
Common Stock. Mr. Hersch has sole power to vote and dispose, or direct the vote
and disposition, of such shares.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
---------------------------------------------------------------------
Item 6 is amended as follows:
Item 2 of this Amendment No. 37 to Schedule 13D is
incorporated herein by reference.
On March 31, 2008, The Family Trust transferred 8,569,177 shares of
Common Stock in accordance with the trust to Leslie H. Wexner without
consideration in exchange.
13
On April 10, 2008, Leslie H. Wexner transferred 8,000,000 shares of
Common Stock to The Acorn Trust without consideration in exchange.
On December 20, 2008, The Concierge Trust transferred 871,862 shares
of Common Stock in accordance with the trust to Leslie H. Wexner without
consideration in exchange.
On February 12, 2009, Whitebarn GRAT transferred 7,873,499 shares of
Common Stock in accordance with the trust to Abigail S. Wexner without
consideration in exchange.
On April 13, 2009, The Acorn Trust transferred 5,797,047 shares of
Common Stock in accordance with the trust to Leslie H. Wexner without
consideration in exchange.
On April 15, 2009, Leslie H. Wexner transferred 5,000,000 shares of
Common Stock to Cyprus Trust without consideration in exchange. Also, on April
15, 2009, Abigail S. Wexner transferred 5,000,000 shares of Common Stock to
Dogwood Trust without consideration in exchange.
On December 21, 2009, R.H.R.E.I. Trust transferred 5,571,601 shares
of Common Stock, Trust Four Hundred (400) transferred 3,834,399 shares of Common
Stock, Trust 600 transferred 3,300,568 shares of Common Stock, and Issue Trust
transferred 72,649 shares of Common Stock, in each case, in accordance with the
trusts, to The Linden Trust without consideration in exchange. Also on December
21, 2009, The Linden Trust transferred 3,314,771 shares of Common Stock to
Abigail S. Wexner, in exchange for property of equivalent value based on $19.09
per share of Common Stock. These transfers were made to consolidate diverse
holdings and for estate planning purposes.
Leslie H. Wexner, Abigail S. Wexner and certain of the other
Purchasers maintain margin securities accounts at brokerage firms, and the
positions held in such margin accounts, which may from time to time include
shares of Common Stock, are pledged as collateral security for the repayment of
debit balances, if any, in the accounts.
Item 7. Materials to be Filed as Exhibits.
---------------------------------
Exhibit 1 Joint Filing Agreement by and among Leslie H. Wexner, Abigail
S. Wexner, Wexner Personal Holdings Corporation, The Concierge
Trust, Whitebarn GRAT, The Acorn Trust, Cyprus Trust, Dogwood
Trust, and The Linden Trust, dated December 23, 2009.
14
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Dated: December 23, 2009
/s/ Leslie H. Wexner
----------------------------------------------
Leslie H. Wexner
/s/ Abigail S. Wexner
----------------------------------------------
Abigail S. Wexner
WEXNER PERSONAL HOLDINGS CORPORATION
By: /s/ Leslie H. Wexner
------------------------------------------
Name: Leslie H. Wexner
Title: President
THE CONCIERGE TRUST
By: /s/ Leslie H. Wexner
------------------------------------------
Leslie H. Wexner, Trustee
WHITEBARN GRAT
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
THE ACORN TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
CYPRUS TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
15
DOGWOOD TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
THE LINDEN TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
16
EXHIBIT INDEX
-------------
Exhibit No.
-----------
Exhibit 1 Joint Filing Agreement by and among Leslie H. Wexner,
Abigail S. Wexner, Wexner Personal Holdings Corporation,
The Concierge Trust, Whitebarn GRAT, The Acorn Trust,
Cyprus Trust, Dogwood Trust, and The Linden Trust, dated
December 23, 2009
17
Exhibit 1
JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned
that the Schedule 13D filed on or about this date and any amendments thereto
with respect to beneficial ownership by the undersigned of shares of the common
stock, par value $0.50 per share, of Limited Brands, Inc. is being filed on
behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the
Securities Exchange Act of 1934. This agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
Dated: December 23, 2009
/s/ Leslie H. Wexner
----------------------------------------------
Leslie H. Wexner
/s/ Abigail S. Wexner
----------------------------------------------
Abigail S. Wexner
WEXNER PERSONAL HOLDINGS CORPORATION
By: /s/ Leslie H. Wexner
------------------------------------------
Name: Leslie H. Wexner
Title: President
THE CONCIERGE TRUST
By: /s/ Leslie H. Wexner
------------------------------------------
Leslie H. Wexner, Trustee
WHITEBARN GRAT
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
THE ACORN TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
CYPRUS TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
DOGWOOD TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
THE LINDEN TRUST
By: /s/ Dennis S. Hersch
------------------------------------------
Dennis S. Hersch, Trustee
