Filing Details

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G/A

(RULE 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b),

(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934 (ACT)

(AMENDMENT NO. 79)

 

 

V.F. Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

918204108

(CUSIP Number)

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

 

 

CUSIP No. 918204108		Page 1 of 9 Pages

 

1)		Names of Reporting Persons IRS Identification No. Of Above Persons       The PNC Financial Services Group, Inc.    25-1435979
2)		Check the Appropriate Box if a Member of a Group (See Instructions) a)  ☐        b)  ☐
3)		SEC USE ONLY
4)		Citizenship or Place of Organization       Pennsylvania
Number of Shares Beneficially Owned By Each Reporting Person With				5)		Sole Voting Power       226,402
				6)		Shared Voting Power       68,177,765
				7)		Sole Dispositive Power       140,543
				8)		Shared Dispositive Power       68,246,931
9)		Aggregate Amount Beneficially Owned by Each Reporting Person       68,408,136
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions       ☐
11)		Percent of Class Represented by Amount in Row (9)       17.24
12)		Type of Reporting Person (See Instructions)       HC

CUSIP No. 918204108		Page 2 of 9 Pages

 

1)		Names of Reporting Persons IRS Identification No. Of Above Persons       PNC Bancorp, Inc.    51-0326854
2)		Check the Appropriate Box if a Member of a Group (See Instructions) a)  ☐        b)  ☐
3)		SEC USE ONLY
4)		Citizenship or Place of Organization       Delaware
Number of Shares Beneficially Owned By Each Reporting Person With				5)		Sole Voting Power       226,402
				6)		Shared Voting Power       68,177,765
				7)		Sole Dispositive Power       140,543
				8)		Shared Dispositive Power       68,246,931
9)		Aggregate Amount Beneficially Owned by Each Reporting Person       68,408,136
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions       ☐
11)		Percent of Class Represented by Amount in Row (9)       17.24
12)		Type of Reporting Person (See Instructions)       HC

CUSIP No. 918204108		Page 3 of 9 Pages

 

1)		Names of Reporting Persons IRS Identification No. Of Above Persons       PNC Bank, National Association    22-1146430
2)		Check the Appropriate Box if a Member of a Group (See Instructions) a)  ☐        b)  ☐
3)		SEC USE ONLY
4)		Citizenship or Place of Organization       United States
Number of Shares Beneficially Owned By Each Reporting Person With				5)		Sole Voting Power       226,402
				6)		Shared Voting Power       68,177,765
				7)		Sole Dispositive Power       140,543
				8)		Shared Dispositive Power       68,246,931
9)		Aggregate Amount Beneficially Owned by Each Reporting Person       68,408,136
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions       ☐
11)		Percent of Class Represented by Amount in Row (9)       17.24
12)		Type of Reporting Person (See Instructions)       BK

CUSIP No. 918204108		Page 4 of 9 Pages

 

1)		Names of Reporting Persons IRS Identification No. Of Above Persons       PNC Capital Advisors, LLC    27-0640560
2)		Check the Appropriate Box if a Member of a Group (See Instructions) a)  ☐        b)  ☐
3)		SEC USE ONLY
4)		Citizenship or Place of Organization       Delaware
Number of Shares Beneficially Owned By Each Reporting Person With				5)		Sole Voting Power       90,242
				6)		Shared Voting Power       -0-
				7)		Sole Dispositive Power       90,242
				8)		Shared Dispositive Power       -0-
9)		Aggregate Amount Beneficially Owned by Each Reporting Person       90,242
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions       ☐
11)		Percent of Class Represented by Amount in Row (9)       0.02
12)		Type of Reporting Person (See Instructions)       IA

CUSIP No. 918204108		Page 5 of 9 Pages

 

1)		Names of Reporting Persons IRS Identification No. Of Above Persons       PNC Delaware Trust Company    81-0581990
2)		Check the Appropriate Box if a Member of a Group (See Instructions) a)  ☐        b)  ☐
3)		SEC USE ONLY
4)		Citizenship or Place of Organization       Delaware
Number of Shares Beneficially Owned By Each Reporting Person With				5)		Sole Voting Power       214
				6)		Shared Voting Power       1,383,220
				7)		Sole Dispositive Power       129
				8)		Shared Dispositive Power       1,383,237
9)		Aggregate Amount Beneficially Owned by Each Reporting Person       1,383,434
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions       ☐
11)		Percent of Class Represented by Amount in Row (9)       0.35
12)		Type of Reporting Person (See Instructions)       BK

CUSIP No. 918204108		Page 6 of 9 Pages

 

1)		Names of Reporting Persons IRS Identification No. Of Above Persons       PNC Investments LLC    42-1604685
2)		Check the Appropriate Box if a Member of a Group (See Instructions) a)  ☐        b)  ☐
3)		SEC USE ONLY
4)		Citizenship or Place of Organization       Delaware
Number of Shares Beneficially Owned By Each Reporting Person With				5)		Sole Voting Power       -0-
				6)		Shared Voting Power       -0-
				7)		Sole Dispositive Power       -0-
				8)		Shared Dispositive Power       380
9)		Aggregate Amount Beneficially Owned by Each Reporting Person       380
10)		Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions       ☐
11)		Percent of Class Represented by Amount in Row (9)       Less than 0.01
12)		Type of Reporting Person (See Instructions)       BD

Page 7 of 9 Pages

ITEM 1(a) - NAME OF ISSUER:

V.F. Corporation

ITEM 1(b) - ADDRESS OF ISSUERS PRINCIPAL EXECUTIVE OFFICES:

105 Corporate Center Boulevard

Greensboro, North Carolina 27408

ITEM 2(a) - NAME OF PERSON FILING:

The PNC Financial Services Group, Inc.; PNC Bancorp, Inc.; PNC Bank, National Association;

PNC Capital Advisors, LLC; PNC Delaware Trust Company; and PNC Investments LLC

ITEM 2(b) - ADDRESS OF PRINCIPAL BUSINESS OFFICE:

The PNC Financial Services Group, Inc. - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Bancorp, Inc. - 222 Delaware Avenue, Wilmington, DE 19801

PNC Bank, National Association - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Capital Advisors, LLC - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Delaware Trust Company - 222 Delaware Avenue, Wilmington, DE 19801

PNC Investments LLC - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

ITEM 2(c) - CITIZENSHIP:

The PNC Financial Services Group, Inc. - Pennsylvania

PNC Bancorp, Inc. - Delaware

PNC Bank, National Association - United States

PNC Capital Advisors, LLC - Delaware

PNC Delaware Trust Company - Delaware

PNC Investments LLC - Delaware

ITEM 2(d) - TITLE OF CLASS OF SECURITIES:

Common

ITEM 2(e) - CUSIP NUMBER:

918204108

 

ITEM 3 -

IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:

 

(a)  ☒		Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)  ☒		Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)  ☐		Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)  ☐		Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)  ☒		An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)  ☐		An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)  ☒		A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)  ☐		A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)  ☐		A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j)  ☐		A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
(k)  ☐		Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

Page 8 of 9 Pages

ITEM 4 - OWNERSHIP:

The following information is as of December 31, 2018:

 

(a) Amount Beneficially Owned:			68,408,136
(b) Percent of Class:			17.24
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote			226,402
(ii) shared power to vote or to direct the vote			68,177,765
(iii) sole power to dispose or to direct the disposition of			140,543
(iv) shared power to dispose or to direct the disposition of			68,246,931

Of the total shares of common stock reported herein, 68,177,765 shares (17.18% of the class) are held in Barbey trust accounts for which PNC Bank, National Association (PNC Bank) serves as co-trustee. PNC Bank serves as co-trustee with Clarence Otis, Jr. and Juliana L. Chugg and is deemed to share with them voting power and dispositive power with respect to those 68,177,765 shares.

Of the total shares of common stock reported herein, 139,575 shares are held in accounts at PNC Bank in a fiduciary capacity for clients outside of the above-referenced trusts.

Of the total shares of common stock reported herein, 90,242 shares are held in accounts at PNC Capital Advisors, LLC in a fiduciary capacity for clients outside of the above-referenced trusts.

Of the total shares of common stock reported herein, 214 shares are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients outside of the above-referenced trusts.

Of the total shares of common stock reported herein, 380 shares are held in accounts at PNC Investments LLC in a fiduciary capacity for clients outside of the above-referenced trusts.

The inclusion of the reporting persons and such securities in this report shall not be deemed an admission of beneficial ownership by the reporting persons for the purposes of Section 13(d) or 13(g) of the Act, or for any other purposes.

ITEM 5 - OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

Not Applicable.

ITEM 6 - OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

PNC Bank, together with Clarence Otis, Jr. and Juliana L. Chugg, as co-trustees, share the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock held by the Barbey Trust accounts noted in Item 4 above. The beneficiaries of the trust have the right to receive dividends from the common stock in their trust accounts.

 

ITEM 7 -

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

Included are the following subsidiaries of The PNC Financial Services Group, Inc. - HC:

PNC Bancorp, Inc. - HC (wholly owned subsidiary of The PNC Financial Services Group, Inc.)

PNC Bank, National Association - BK (wholly owned subsidiary of PNC Bancorp, Inc.)

Page 9 of 9 Pages

PNC Capital Advisors, LLC - IA (wholly owned subsidiary of PNC Bank, National Association)

PNC Delaware Trust Company - BK (wholly owned subsidiary of PNC Bank, National Association)

PNC Investments LLC - BD (wholly owned subsidiary of PNC Bank, National Association)

ITEM 8 - IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

Not Applicable.

ITEM 9 - NOTICE OF DISSOLUTION OF GROUP:

Not Applicable.

ITEM 10 - CERTIFICATION:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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.

 

February 1, 2019				February 1, 2019
Date				Date
By: /s/ Gregory H. Kozich				By: /s/ William D. Mennonna
Signature - The PNC Financial Services Group, Inc.				Signature - PNC Capital Advisors, LLC
Gregory H. Kozich, Senior Vice President & Controller				William D. Mennonna, President
Name & Title				Name & Title

 

February 1, 2019				February 1, 2019
Date				Date
By: /s/ Bruce H. Colbourn				By: /s/ Janet Jolles
Signature - PNC Bancorp, Inc.				Signature - PNC Delaware Trust Company
Bruce H. Colbourn, Chairman				Janet Jolles, Fiduciary Director
Name & Title				Name & Title

 

February 1, 2019				February 1, 2019
Date				Date
By: /s/ Gregory H. Kozich				By: /s/ Richard R. Guerrini
Signature - PNC Bank, National Association				Signature - PNC Investments LLC
Gregory H. Kozich, Executive Vice President & Controller				Richard R. Guerrini, President & CEO
Name & Title				Name & Title

AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED