Schedule 13D/A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 11 )*
TD Ameritrade Holding Corporation
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
(CUSIP Number)
Christopher A. Montague, Esq.
The Toronto-Dominion Bank
Toronto-Dominion Centre
P.O. Box 1
Toronto, Ontario M5K IA2
(416) 982-8222
Copy to:
Ellen Patterson, Esq.
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, NY 10017
(212) 455-2000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
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.
* The remainder of this cover page shall be filled out for a reporting persons 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).
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1 |
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NAMES OF REPORTING PERSONS
The Toronto-Dominion Bank |
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a) þ |
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(b) o |
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3 |
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SEC USE ONLY |
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4 |
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SOURCE OF FUNDS (SEE INSTRUCTIONS) |
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N/A |
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5 |
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
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o |
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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Canada
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7 |
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SOLE VOTING POWER |
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NUMBER OF |
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258,337,797* |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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0 |
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EACH |
9 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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258,337,797* |
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WITH |
10 |
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SHARED DISPOSITIVE POWER |
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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258,337,797* |
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12 |
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
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13 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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45.02%(1) |
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14 |
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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BK |
* As described in the Statement (as defined below), based on the provisions relating to voting agreements and (except with respect to the Ricketts Grandchildren Trust) the grant of proxies contained in the Stockholders Agreement, the TD Entities may be deemed to share voting power over the shares beneficially owned by the Ricketts Parties. Based on information set forth in the
Proxy Statement for Annual Meeting of Stockholders on Schedule 14A of the Issuer filed
on January 7, 2011, the Form 4 filed by J. Joe Ricketts on January 7, 2011, the Form 4
filed by J. Joe Ricketts on January 18, 2011, the Form 4 filed by J. Joe Ricketts on
January 24, 2011 and the Form 4 filed by Marlene M. Ricketts on January 24, 2011, the
Ricketts Parties for whom ownership information is publicly available beneficially
owned, in the aggregate, 83,335,171 shares of Issuer Common Stock (as defined herein),
representing approximately 14.52% of the outstanding shares of Issuer Common Stock
(based on the number of shares of Issuer Common Stock outstanding as of January 27,
2011 as reported by the Issuer). The TD Entities disclaim beneficial ownership of all
shares held by the Ricketts Parties. The number of shares reported as held by the TD
Entities does not include shares held by the Ricketts Parties. However, as described
in Item 6 of the Statement, the TD Entities and the Ricketts Parties acknowledge that
they constitute a group, for purposes of Section 13(d) of the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder
(the Exchange Act ), with respect to TD Ameritrade.
(1) Based on 573,769,164 shares of Issuer Common Stock outstanding as of January 27, 2011 as reported by the Issuer in its quarterly report on Form 10-Q filed on February 4, 2011.
Page 2 of 10
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1 |
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NAMES OF REPORTING PERSONS
TD Luxembourg International Holdings S.a.r.l. |
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a) þ |
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(b) o |
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3 |
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SEC USE ONLY |
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4 |
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SOURCE OF FUNDS (SEE INSTRUCTIONS) |
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N/A |
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5 |
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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Luxembourg
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7 |
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SOLE VOTING POWER |
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NUMBER OF |
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258,337,797* |
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SHARES |
8 |
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SHARED VOTING POWER |
BENEFICIALLY |
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OWNED BY |
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0 |
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EACH |
9 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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258,337,797* |
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WITH |
10 |
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SHARED DISPOSITIVE POWER |
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0 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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258,337,797* |
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12 |
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
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13 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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45.02%(1) |
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14 |
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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OO |
* As described in the Statement (as defined below),
based on the provisions relating to voting agreements and (except with respect to the Ricketts
Grandchildren Trust) the grant of proxies contained in the Stockholders Agreement, the TD
Entities may be deemed to share voting power over the shares beneficially owned by the
Ricketts Parties. Based on information set forth in the Proxy Statement for Annual Meeting
of Stockholders on Schedule 14A of the Issuer filed
on January 7, 2011, the Form 4 filed by J. Joe Ricketts on January 7,
2011, the Form 4 filed by J. Joe Ricketts on January 18, 2011, the Form 4 filed by J.
Joe Ricketts on January 24, 2011 and the Form 4 filed by Marlene M. Ricketts on
January 24, 2011, the Ricketts Parties for whom ownership information is publicly
available beneficially owned, in the aggregate, 83,335,171 shares of Issuer Common
Stock (as defined herein), representing approximately 14.52% of the outstanding shares
of Issuer Common Stock (based on the number of shares of Issuer Common Stock outstanding
as of January 27, 2011 as reported by the Issuer). The TD Entities disclaim beneficial
ownership of all shares held by the Ricketts Parties. The number of shares reported as
held by the TD Entities does not include shares held by the Ricketts Parties. However,
as described in Item 6 of the Statement, the TD Entities and the Ricketts Parties
acknowledge that they constitute a group, for purposes of Section 13(d)
of the Securities Exchange Act of 1934, as amended, and the rules and regulations
promulgated thereunder (the Exchange Act ), with respect to TD Ameritrade.
(1) Based on 573,769,164 shares of Issuer Common Stock outstanding as of January 27, 2011 as reported by the Issuer in its quarterly report on Form 10-Q filed on February 4, 2011.
Page 3 of 10
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Item 1: |
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Security and Issuer |
This Amendment No. 11 hereby amends and supplements the statement of beneficial ownership on
Schedule 13D relating to the common stock, $0.01 par value per share (the Issuer Common Stock) of
TD Ameritrade Holding Corporation, a Delaware corporation (the Issuer), initially filed on
January 25, 2006, as amended by Amendment No. 1 thereto filed on February 24, 2006, Amendment No. 2
thereto filed on April 14, 2006, Amendment No. 3 thereto filed on May 5, 2006, Amendment No. 4
thereto filed on May 11, 2006, Amendment No. 5 thereto filed on May 19, 2006, Amendment No. 6
thereto filed on May 26, 2006, Amendment No. 7 thereto filed on September 14, 2006, Amendment No.
8 thereto filed on February 5, 2009, Amendment No. 9 thereto filed on August 13, 2010 and Amendment
No. 10 thereto filed on January 20, 2011 (as amended, and as it may be further amended from time to
time, this Statement), by the Reporting Persons (as defined in Item 2 hereof) with respect to the
items set forth below. Unless otherwise indicated herein, capitalized terms used and not defined
in this Amendment No. 11 shall have the respective meanings herein as are ascribed to such terms in
the Statement.
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Item 2: |
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Identity and Background |
Item 2 of the Statement is hereby amended and restated in its entirety (other than with
respect to Schedule I to the Statement, which is amended and supplemented as provided for in this
Amendment No. 11) as follows:
This Statement is being filed by The Toronto-Dominion Bank, a Canadian chartered bank (TD)
and TD Luxembourg International Holdings S.a.r.l., a private limited liability company existing
under the laws of Luxembourg and a wholly-owned subsidiary of TD (TD LIH and together with TD,
the TD Entities or the Reporting Persons). TD and its subsidiaries are principally engaged in
the business of personal, commercial and wholesale banking and wealth management. The principal
executive office of TD is located at Toronto-Dominion Centre, P.O. Box 1, Toronto, Ontario, Canada
M5K IA2 and the principal executive office of TD LIH is located at 46A, Avenue John F. Kennedy,
L-2951 Luxembourg, Grand-Duchy of Luxembourg.
The name, business address, citizenship and present principal occupation or employment of each
director and executive officer of each of the TD Entities and the name and principal business and
address of any corporation or other organization in which such employment is conducted are set
forth in Schedule I hereto and are incorporated by reference herein.
During the last five years, none of the TD Entities or, to the knowledge of the TD Entities,
any of their respective executive officers or directors named in Schedule I hereto has (i) been
convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii)
been 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.
Item 5:
Item 5(a), (b) and (c) of the Statement is hereby amended and supplemented by the following:
(a) and
(b). As of February 9, 2011, TD LIH is the record and beneficial owner of 258,337,797
shares of Issuer Common Stock, representing approximately 45.02% of the outstanding shares of
Issuer Common Stock (based on the number of shares of Issuer Common Stock outstanding as of January
27, 2011 as reported by the Issuer). TD controls TD LIH and accordingly beneficially owns the
shares of Issuer Common Stock held by such entity.
Except
for Mr. Clark, Mr. Bragg and Mr. Prezzano, as of February 8, 2011, none of the
individuals listed on Schedule I beneficially owned any shares of Issuer Common Stock. As of
February 8, 2011, Mr. Clark beneficially owned 6,000 shares of Issuer Common Stock; Mr. Bragg
beneficially owned 113,000 shares of Issuer Common Stock; and Mr. Prezzano beneficially owned
72,275 shares of Issuer Common Stock.
Page 4 of 10
Based on the provisions relating to voting agreements and (except with respect to the Ricketts
Grandchildren Trust) the grant of proxies contained in the Stockholders Agreement, the TD Entities
may be deemed to share voting power over the shares beneficially owned by the Ricketts Parties.
Based on information set forth in the Proxy Statement for Annual Meeting of Stockholders on
Schedule 14A of the Issuer filed on January 7, 2011, the Form 4 filed by J. Joe Ricketts on January
7, 2011, the Form 4 filed by J. Joe Ricketts on January 18, 2011, the Form 4 filed by J. Joe
Ricketts on January 24, 2011 and the Form 4 filed by Marlene M. Ricketts on January 24, 2011, the
Ricketts Parties for whom ownership information is publicly available beneficially owned, in the
aggregate, 83,335,171 shares of Issuer Common Stock, representing approximately 14.52% of the
outstanding shares of Issuer Common Stock (based on the number of shares of Issuer Common Stock
outstanding as of January 27, 2011 as reported by the Issuer). The TD Entities disclaim beneficial
ownership of all shares held by the Ricketts Parties. The number of shares reported as held by the
TD Entities does not include shares held by the Ricketts Parties. However, as described in Item 6
of the Statement, the TD Entities and the Ricketts Parties acknowledge that they constitute a
group, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the
rules and regulations promulgated thereunder (the Exchange
Act), with respect to the Issuer.
All information contained in the Statement relating to the Ricketts Parties is based on
information provided in, and solely with respect to the Ricketts Parties for whom ownership
information is reported in, the Proxy Statement for Annual Meeting of Stockholders on Schedule 14A
of the Issuer filed on January 7, 2011, the Form 4 filed by J. Joe Ricketts on January 7, 2011, the
Form 4 filed by J. Joe Ricketts on January 18, 2011, the Form 4 filed by J. Joe Ricketts on January
24, 2011 and the Form 4 filed by Marlene M. Ricketts on January 24, 2011. While the TD Entities
have no reason to believe that such information is inaccurate or incomplete, the TD Entities do not
assume any responsibility for the accuracy or completeness of such information.
(c) Except
for the sales by TD LIH and the grant to Mr. Prezzano as described below, none
of the TD Entities nor, to the best of the TD Entities knowledge, any of the individuals named in
Schedule I hereto, has engaged in any transaction in shares of Issuer Common Stock since the TD
Entities most recent filing on Schedule 13D on January 20, 2011.
Since the date of such filing and through February 9, 2011, TD LIH sold, pursuant to a sales
plan entered into on January 20, 2011, as previously described in Item 4 of this Statement, the
following shares of Issuer Common Stock:
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Date of Sale |
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Number of
Shares Sold |
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Weighted Average
Price Per Share |
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01/20/2011 |
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780,600 |
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$ |
20.4591 |
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01/21/2011 |
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508,947 |
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$ |
20.4364 |
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01/24/2011 |
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451,453 |
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$ |
20.3855 |
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01/25/2011 |
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86,360 |
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$ |
20.2717 |
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01/26/2011 |
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398,979 |
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$ |
20.3086 |
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01/27/2011 |
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394,661 |
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$ |
20.4212 |
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01/28/2011 |
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343,448 |
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$ |
20.4724 |
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01/31/2011 |
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325,451 |
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$ |
20.4016 |
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02/01/2011 |
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578,589 |
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$ |
20.7377 |
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02/02/2011 |
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340,959 |
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$ |
20.6350 |
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02/03/2011 |
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635,661 |
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$ |
20.5292 |
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02/04/2011 |
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257,200 |
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$ |
20.7093 |
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02/07/2011 |
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567,692 |
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$ |
20.8785 |
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02/08/2011 |
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419,094 |
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$ |
20.6960 |
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02/09/2011 |
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292,396 |
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$ |
20.7067 |
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On
January 13, 2011, Mr. Prezzano received a grant of 11,091 shares of Issuer
Common Stock pursuant to the Issuers Directors Incentive Plan.
Page 5 of 10
SIGNATURES
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: February 10, 2011
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THE TORONTO-DOMINION BANK
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By: |
/s/ Christopher A. Montague
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Name: |
Christopher A. Montague |
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Title: |
Executive Vice President and General Counsel |
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TD LUXEMBOURG INTERNATIONAL HOLDINGS S.A.R.L.
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By: |
/s/ Dave Sparvell
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Name: |
Dave Sparvell |
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Title: |
Board Manager |
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Page 6 of 10
SCHEDULE I
INFORMATION RELATING TO THE DIRECTORS AND EXECUTIVE OFFICERS
OF THE TD ENTITIES
Schedule I to the Schedule 13D Filing is hereby amended and restated as follows:
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Name |
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Present Principal Occupation or Employment and Address |
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THE TORONTO-DOMINION BANK |
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DIRECTORS |
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William E. Bennett
(US Citizen)
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Corporate Director and former President and Chief
Executive officer, Draper & Kramer, Inc.
55 West Monroe Street
Suite 2530
Chicago, Illinois 60603-5008
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Hugh J. Bolton
(Canadian Citizen)
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Chair of the Board
EPCOR Utilities Inc.
EPCOR Centre
1800-10065 Jasper Avenue. NW
Edmonton, Alberta
T5J 3B1
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John L. Bragg
(Canadian Citizen)
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Chairman, President & Co-Chief Executive Officer
Oxford Frozen Foods Limited
4881 Main St.
P.O. Box 220
Oxford, N.S.
B0M 1P0
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Amy W. Brinkley
(US Citizen)
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Consultant, AWB Consulting, LLC
2225 Sharon Lane
Charlotte, North Carolina 28211
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W. Edmund Clark
(Canadian Citizen)
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Group President and Chief Executive Officer
The Toronto-Dominion Bank
P.O. Box 1
Toronto-Dominion Centre
66 Wellington Street West, 4th Floor, TD Bank Tower
Toronto, Ontario
M5K 1A2
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Wendy K. Dobson
(Canadian Citizen)
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Professor and Co-Director
Institute for International Business
Joseph L. Rotman School of Management
University of Toronto
105 St. George Street
Toronto, Ontario
M5S 3E6
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Page 7 of 10
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Henry H. Ketcham
(US and Canadian Citizen)
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Chairman, President and Chief Executive Officer
West Fraser Timber Co. Ltd.
Suite 501 858 Beatty Street
Vancouver, BC
V6B 1C1
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Pierre H. Lessard
(Canadian Citizen)
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Executive Chairman of the Board
METRO INC.
1002 Sherbrooke St. West
Suite 2200
Montreal, Quebec
H3A 3L6
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Brian M. Levitt
(Canadian Citizen)
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Chairman of the Board
The Toronto-Dominion Bank
P.O. Box 1
Toronto-Dominion Centre
66 Wellington Street West, 4th Floor
Toronto, Ontario
M5K 1A2
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Harold H. MacKay
(Canadian Citizen)
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Counsel
MacPherson Leslie & Tyerman LLP
1500 1874 Scarth St.
Regina, Saskatchewan
S4P 4E9
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Irene R. Miller
(US and Canadian Citizen)
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Chief Executive Officer
Akim, Inc.
186 Riverside Drive #10E
New York, NY 10024
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Nadir H. Mohamed
(Canadian Citizen)
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President and Chief Executive Officer
Rogers Communications Inc.
333 Bloor Street East, 10th Floor
Toronto, Ontario
M4W 1G9
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Wilbur J. Prezzano
(US Citizen)
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Corporate Director and retired Vice Chairman
Eastman Kodak Company
28 Murray Blvd.
Charleston, South Carolina 29401-2350
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Helen K. Sinclair
(Canadian Citizen)
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Chief Executive Officer
BankWorks Trading Inc.
20 Adelaide Street East, Suite 400
Toronto, ON
M5C 2T6
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Page 8 of 10
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Carole S. Taylor
(Canadian Citizen)
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Corporate Director
#5103 1128 West Georgia Street
Vancouver, BC
V6E 0A8
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John M. Thompson
(Canadian Citizen)
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Corporate Director
20 Hedgewood Road
Toronto, Ontario
M2L 1L5
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EXECUTIVE OFFICERS |
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Riaz Ahmed
(Canadian Citizen)
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Group Head, Corporate Development, Enterprise Strategy
and Treasury Corporate Office, TD Bank Group
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Mark Russell Chauvin
(Canadian Citizen)
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Group Head and Chief Risk Officer, Risk Management,
Corporate Office, TD Bank Group |
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William Edmund Clark
(Canadian Citizen)
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Group President and Chief Executive Officer, TD Bank
Group |
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Theresa Lynn Currie
(Canadian and U.S. Citizen)
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Group Head, Marketing, Corporate and People
Strategies, Corporate Office, TD Bank Group |
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Robert Edward Dorrance
(Canadian Citizen)
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Group Head, Wholesale Banking, TD Bank Group and
Chairman, Chief Executive Officer & President, TD
Securities |
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Timothy David Hockey
(Canadian Citizen)
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Group Head, Canadian Banking and Insurance, TD Bank
Group and President and Chief Executive Officer, TD
Canada Trust
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Colleen Mary Johnston
(Canadian Citizen)
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Group Head, Finance and Chief Financial Officer,
Corporate Office, TD Bank Group |
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Bharat Bhagwanji Masrani
(Canadian and British Citizen)
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Group Head, U.S. Personal and
Commercial Banking, TD Bank Group
and President and Chief Executive
Officer, TD Bank, N.A. |
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Francis Joseph McKenna
(Canadian Citizen)
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Deputy Chair, TD Bank Group |
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Michael Bo Pedersen
(Canadian Citizen)
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Group Head, Wealth Management, Direct Channels, and
Corporate Shared Services, TD Bank Group |
Page 9 of 10
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TD LUXEMBOURG INTERNATIONAL HOLDINGS S.A.R.L. |
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DIRECTORS |
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Nicolas Horlait
(Belgian Citizen)
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Board Manager
TD Luxembourg International Holdings S.a.r.l.
46A Avenue JF Kennedy
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L-2958 Luxembourg |
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Yves Sawaya
(Canadian, Dutch and
French Citizen)
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Board Manager
TD Luxembourg International Holdings S.a.r.l.
46A Avenue JF Kennedy
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L-2958 Luxembourg
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Dave Sparvell
(British Citizen)
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Board Manager
TD Luxembourg International Holdings S.a.r.l.
46A Avenue JF Kennedy
L-2958 Luxembourg
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Page 10 of 10