SC 13D/A 1 floridarock13damend4.txt 13D AMENDMENT 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4) Florida Rock Industries, Inc. -------------------------------------------------------------------------------- (Name of Issuer) -------------------------------------------------------------------------------- Common Stock, Par value $0.10 -------------------------------------------------------------------------------- (Title of Class of Securities) 341140101 -------------------------------------------------------------------------------- (CUSIP Number) Jeffrey Ruiz Deutsche Bank AG c/o Deutsche Bank Securities Inc. 60 Wall Street New York, NY 10005 (212) 250-3667 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 14, 2007 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting 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 ("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). Cusip No. 341140101 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Deutsche Bank AG -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC (See Item 3) -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Deutsche Bank AG is organized under the laws of the Federal Republic of Germany. -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 4,297,740 ---------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 5,591 OWNED BY ---------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 4,297,740 ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,591 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,303,331 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.45% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON BK -------------------------------------------------------------------------------- Cusip No. 341140101 --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Deutsche Bank Securities Inc. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC (See Item 3) -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 ---------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 5,591 OWNED BY ---------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 0 ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,591 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,591 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.01% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON BD -------------------------------------------------------------------------------- Item 1. Security and Issuer This statement on Schedule 13D (this "Statement") relates to shares of common stock, par value $0.10 per share (the "Shares"), of Florida Rock Industries (the "Issuer"). The Issuer has its principal executive offices at 155 East 21st Street , Jacksonville, FL 32206 Item 2. Identity and Background (a) This Statement is being filed by Deutsche Bank Securities Inc. ("DBSI") and Deutsche Bank AG ("Deutsche Bank", together with DBSI, the "Reporting Persons" and each, a "Reporting Person"). A joint filing agreement has been filed as Exhibit 1 to this Statement pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). DBSI is a corporation organized under the laws of Delaware, and is a wholly-owned subsidiary of DB US Financial Markets Holding Corporation ("DBUSFM"). DBUSFM is a wholly-owned subsidiary of Deutsche Bank Americas Holding Corporation, a wholly-owned subsidiary of Taunus Corporation, which in turn is a wholly-owned subsidiary of Deutsche Bank. Deutsche Bank is organized under the laws of the Federal Republic of Germany. The securities acquired by Deutsche Bank covered by this Statement were acquired through the London Branch of Deutsche Bank, which is licensed by the United Kingdom banking authority. (b) The address of the principal place of business of Deutsche Bank is Taunusanlage 12, 60325 Frankfurt, Federal Republic of Germany. The address of the principal office of DBSI is 60 Wall Street, New York, New York 10005. (c) and (f) The principal business of the Reporting Persons and the name, business address, principal occupation or employment and citizenship of each of the executive officers, directors, controlling persons and trustees, as applicable of each of the Reporting Persons and each corporation and other person ultimately in control of the Reporting Persons are set forth on Schedule 1 to this Statement which is incorporated herein. Set forth on Schedule 1 to this Statement, and incorporated herein by reference, is a list of the executive officers and directors of each of Deutsche Bank and DBSI that contain the following information with respect to each such person: (i) name; (ii) business address; (iii) present principal occupation or employment and the name and business address of each corporation or organization in which each such employment is conducted; and (iv) citizenship. (d) and (e) During the last five years, none of the Reporting Persons and, to the best knowledge of the Reporting Persons, none of the persons named on Schedule 1 to this Statement has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person 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 3. Source and Amount of Funds or Other Consideration The source of the funds for the purchase of the Shares was working capital of the Reporting Persons. Item 4. Purpose of Transaction All of the Shares reported herein as having been acquired or disposed of were from the accounts of Deutsche Bank AG, London Branch and DBSI and were acquired or disposed of as part of their proprietary trading activities or in order to hedge its exposure to certain derivative contracts entered into with its clients. On August 14, 2007 the percentage of outstanding Shares that may have been deemed beneficially owned by the Reporting Persons decreased by 1% from the percentage reported as of June 08, 2007 in Amendment No. 3 to this Schedule 13D. The Reporting Persons qualify as institutions that may file securities ownership reports required by the Securities Exchange Act on Schedule 13G. The Issuer entered into an Agreement and Plan of Merger, dated as of February 19, 2007, by and betweenthe Issuer and Vulcan Materials Company. Deutsche Bank acquired Shares held in an arbitrage account subsequent to the announcement of the merger. As a result, under interpretations of the Staff of the Securities and Exchange Commission, Deutsche Bank may be deemed to have purchased the Shares with the purpose of, or with the effect of, changing or influencing control of the Issuer, in connection with the proposed merger and the Reporting Persons are therefore filing this report on Schedule 13D. The Reporting Persons reserve the right to acquire, or cause to be acquired, additional securities of the Issuer or derivatives or other instruments related thereto, to dispose of, or cause to be disposed, such securities, derivatives or other instruments at any time and to formulate other purposes, plans or proposals regarding the Issuer or any of its securities, to the extent deemed advisable in light of general investment and trading policies of the Reporting Persons, market conditions or other factors. Except as set forth herein, the Reporting Persons do not have any plans or proposals at this time that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer (a) and (b) According to information filed by the Issuer with the Securities and Exchange Commission in its Form 10-Q for the quarter ending June 29, 2007, the number of Shares outstanding was 66,690,854. As of August 14, 2007, the reporting Person may have been deemed the beneficial owner of 4,303,331 Shares (approximately 6.45% of the total number of Shares outstanding). Deutsche Bank AG,London Branch 3,899,441 Deutsche Bank AG,London Branch (arbitrage) 403,890 Deutsche Bank Securities Inc. 5,591 (c) Transactions by the Reporting Person in the Shares effected during the past sixty days are set forth in Schedule 2 to this Schedule 13D, which is incorporated by reference herein. (d) Not applicable. (e) Not applicable Item 6. Contracts, Arrangements, Understandings, or Relationships with Respect to Securities of the Issuer From time to time, the Reporting Persons may lend, pledge or enter into repurchase transactions relating to portfolio securities, including the Shares, to and with brokers, banks or other financial institutions. From time to time, effect, short sale transactions, and may purchase securities for the purpose of closing out short positions in such securities. Except as set forth above, the Reporting Persons does not have any contracts, arrangements, understandings or relationships with respect to any securities of the Issuer. Item 7. Material to be Filed as Exhibits Attached as Exhibit 1 to this Statement is the Joint Filing Agreement dated August 21, 2007 between Deutsche Bank AG and Deutsche Bank Securities Inc. 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 as of August 21, 2007 DEUTSCHE BANK AG By: /s/ Jeffrey A. Ruiz -------------------------- Name: Jeffrey A. Ruiz Title: Director DEUTSCHE BANK AG By: /s/ Cesar A. Coy -------------------------- Name: Cesar A. Coy Title: Assistant Vice President DEUTSCHE BANK SECURITIES INC. By: /s/ Margaret Adams -------------------------- Name: Margaret Adams Title: Director DEUTSCHE BANK SECURITIES INC. By: /s/ Jeffrey A. Ruiz -------------------------- Name: Jeffrey A. Ruiz Title: Director Schedule 1 Executive Officers, Directors, Controlling Persons and Trustees of Deutsche Bank AG and each Person Ultimately in Control of Deutsche Bank AG Deutsche Bank AG is organized under the laws of the Federal Republic of Germany. The principal business of Deutsche Bank AG is the provision of financial and related services. Deutsche Bank AG is the largest banking institution in the Federal Republic of Germany and is the parent company of a group consisting of banks, capital market and fund management companies, mortgage banks and property finance companies, installment financing and leasing companies, insurance companies, research and consultancy companies and other companies. Deutsche Bank AG is organized under the laws of the Federal Republic of Germany, and the address of its principal place of business is Taunusanlage 12, 60325 Frankfurt, Federal Republic of Germany. -------------------------------------------------------------------------------- Name PRESENT PRINCIPAL OCCUPATION OR EMPLOYEMENT BUSINESS ADDRESS CITIZENSHIP -------------------------------------------------------------------------------- Dr. Josef Ackermann Chairman of the Management Board and the Group Executive Committee, Deutsche Bank AG Deutsche Bank AG Taunusanlage 12 60325 Frankfurt The Federal Republic of Germany Citizenship: Swiss -------------------------------------------------------------------------------- Dr. Hugo Banziger Member of the Management Board, Deutsche Bank AG Deutsche Bank AG Winchester House 1 Great Winchester Street United Kingdom Citizenship: Swiss -------------------------------------------------------------------------------- Dr. Tessen von Heydebreck Member of the Management Board, Deutsche Bank AG Deutsche Bank AG Taunusanlage 12 60325 Frankfurt The Federal Republic of Germany Citizenship: German -------------------------------------------------------------------------------- Mr. Anthony Di Iorio Member of the Management Board, Deutsche Bank AG Deutsche Bank AG Taunusanlage 12 60325 Frankfurt The Federal Republic of Germany Citizenship: United States -------------------------------------------------------------------------------- Mr. Hermann-Josef Lamberti Member of the Management Board, Deutsche Bank AG Deutsche Bank AG Taunusanlage 12 60325 Frankfurt The Federal Republic of Germany Citizenship: German -------------------------------------------------------------------------------- Executive Officers, Directors, Controlling Persons and Trustees of Deutsche Bank Securities Inc. Deutsche Bank Securities Inc. (DBSI) is registered with the SEC as a broker-dealer and is a member of the NASD, SIPC, NYSE, and a number of other securities self-regulatory organizations. In addition, DBSI is registered with the CFTC as a futures commission merchant and is a member of the NFA, CME, and several other futures self-regulatory organizations. DBSI is headquartered in New York City and offers a full range of broker-dealer services, including sales and trading expertise in equity and fixed income securities, derivatives and structured products, portfolio trading, prime brokerage services, and research. DBSI also assists investment banking clients with public and private offerings in the equity and debt capital markets, and provides advisory services in strategic areas such as mergers, acquisitions, and corporate restructurings. -------------------------------------------------------------------------------- Name PRESENT PRINCIPAL OCCUPATION OR EMPLOYEMENT BUSINESS ADDRESS CITIZENSHIP -------------------------------------------------------------------------------- Mr. Seth Waugh Member of the Board of Directors, Chairman, Deutsche Bank Securities 60 Wall Street New York, New York, 10005 Citizenship: US -------------------------------------------------------------------------------- Mr. Stuart Clarke Member of the Board of Directors, Deutsche Bank Securities 60 Wall Street New York, New York, 10005 Citizenship: UK-British -------------------------------------------------------------------------------- Mr. Thomas Gahan Member of the Board of Directors, Deutsche Bank Securities 60 Wall Street New York, New York, 10005 Citizenship: US -------------------------------------------------------------------------------- Mr. Robert Karofsky Member of the Board of Directors, Deutsche Bank Securities 60 Wall Street New York, New York, 10005 Citizenship: US -------------------------------------------------------------------------------- Mr. Mark Pfeffer Member of the Board of Directors, Deutsche Bank Securities 60 Wall Street New York, New York, 10005 Citizenship: US -------------------------------------------------------------------------------- Mr. Philip Weingord Member of the Board of Directors, Deutsche Bank Securities 60 Wall Street New York, New York, 10005 Citizenship: US -------------------------------------------------------------------------------- Schedule 2 - 60 Day Trade History -------------------------------------------------------------------------------- DATE BUY/SELL AMOUNT PRICE -------------------------------------------------------------------------------- 06/12/07 S 1200 67.64 -------------------------------------------------------------------------------- 06/18/07 S 7552 68.87 -------------------------------------------------------------------------------- 06/18/07 S 11 68.73 -------------------------------------------------------------------------------- 06/18/07 S 38 68.87 -------------------------------------------------------------------------------- 06/18/07 S 642 68.87 -------------------------------------------------------------------------------- 06/19/07 B 7552 68.73 -------------------------------------------------------------------------------- 06/19/07 S 7552 68.73 -------------------------------------------------------------------------------- 06/19/07 B 1 68.73 -------------------------------------------------------------------------------- 06/20/07 S 800 68.39 -------------------------------------------------------------------------------- 06/20/07 B 4 68.34 -------------------------------------------------------------------------------- 06/21/07 S 25 67.93 -------------------------------------------------------------------------------- 06/21/07 S 4 68.39 -------------------------------------------------------------------------------- 06/22/07 B 1100 67.80 -------------------------------------------------------------------------------- 06/22/07 B 4334 68.39 -------------------------------------------------------------------------------- 06/22/07 B 143 67.80 -------------------------------------------------------------------------------- 06/22/07 B 579 67.80 -------------------------------------------------------------------------------- 06/22/07 S 143 67.80 -------------------------------------------------------------------------------- 06/25/07 B 100 68.11 -------------------------------------------------------------------------------- 06/25/07 S 2 67.73 -------------------------------------------------------------------------------- 06/26/07 B 100 67.85 -------------------------------------------------------------------------------- 06/27/07 B 100 67.58 -------------------------------------------------------------------------------- 06/29/07 S 28 67.54 -------------------------------------------------------------------------------- 06/29/07 S 4 67.50 -------------------------------------------------------------------------------- 07/03/07 B 8 67.68 -------------------------------------------------------------------------------- 07/03/07 S 100 67.50 -------------------------------------------------------------------------------- 07/03/07 S 100 67.71 -------------------------------------------------------------------------------- 07/05/07 B 4 67.79 -------------------------------------------------------------------------------- 07/06/07 S 200 67.43 -------------------------------------------------------------------------------- 07/06/07 B 6 67.98 -------------------------------------------------------------------------------- 07/09/07 B 100 68.04 -------------------------------------------------------------------------------- 07/10/07 B 8 67.25 -------------------------------------------------------------------------------- 07/11/07 S 100 67.04 -------------------------------------------------------------------------------- 07/12/07 B 100 67.19 -------------------------------------------------------------------------------- 07/13/07 B 14 67.83 -------------------------------------------------------------------------------- 07/13/07 S 12 67.83 -------------------------------------------------------------------------------- 07/13/07 B 12 67.83 -------------------------------------------------------------------------------- 07/13/07 B 1 67.83 -------------------------------------------------------------------------------- 07/16/07 S 100 67.53 -------------------------------------------------------------------------------- 07/17/07 S 287000 66.99 -------------------------------------------------------------------------------- 07/18/07 S 166800 66.99 -------------------------------------------------------------------------------- 07/19/07 B 400 66.20 -------------------------------------------------------------------------------- 07/19/07 S 47000 66.02 -------------------------------------------------------------------------------- 07/20/07 S 100000 65.23 -------------------------------------------------------------------------------- 07/24/07 B 100 65.20 -------------------------------------------------------------------------------- 07/24/07 S 300 65.06 -------------------------------------------------------------------------------- 07/25/07 B 200 64.70 -------------------------------------------------------------------------------- 07/25/07 B 1000 65.15 -------------------------------------------------------------------------------- 07/26/07 B 4704 63.02 -------------------------------------------------------------------------------- 07/27/07 B 200 63.59 -------------------------------------------------------------------------------- 07/27/07 B 200 63.35 -------------------------------------------------------------------------------- 07/27/07 S 300 64.09 -------------------------------------------------------------------------------- 07/27/07 S 500 63.11 -------------------------------------------------------------------------------- 07/27/07 S 149200 63.72 -------------------------------------------------------------------------------- 07/30/07 S 138 63.41 -------------------------------------------------------------------------------- 07/30/07 S 1000 63.08 -------------------------------------------------------------------------------- 07/30/07 B 3 63.39 -------------------------------------------------------------------------------- 07/30/07 S 69 63.67 -------------------------------------------------------------------------------- 07/31/07 B 300 63.51 -------------------------------------------------------------------------------- 07/31/07 B 200000 64.05 -------------------------------------------------------------------------------- 07/31/07 S 500 63.81 -------------------------------------------------------------------------------- 07/31/07 B 1 63.51 -------------------------------------------------------------------------------- 07/31/07 B 1 63.51 -------------------------------------------------------------------------------- 08/01/07 S 2 63.79 -------------------------------------------------------------------------------- 08/06/07 B 2 63.53 -------------------------------------------------------------------------------- 08/08/07 B 200 63.33 -------------------------------------------------------------------------------- 08/09/07 B 100 64.03 -------------------------------------------------------------------------------- 08/10/07 B 100 63.72 -------------------------------------------------------------------------------- 08/10/07 B 100 63.63 -------------------------------------------------------------------------------- 08/10/07 S 300 62.54 -------------------------------------------------------------------------------- 08/10/07 B 10 62.00 -------------------------------------------------------------------------------- 08/13/07 B 100 63.00 -------------------------------------------------------------------------------- 08/13/07 S 1727 62.09 -------------------------------------------------------------------------------- 08/14/07 S 50000 61.64 -------------------------------------------------------------------------------- 08/14/07 S 96400 61.64 -------------------------------------------------------------------------------- 08/15/07 S 30000 60.95 -------------------------------------------------------------------------------- 08/16/07 S 500 59.38 -------------------------------------------------------------------------------- 08/16/07 S 35000 59.62 -------------------------------------------------------------------------------- 08/16/07 S 75000 59.99 -------------------------------------------------------------------------------- 08/16/07 B 100 60.13 -------------------------------------------------------------------------------- 08/17/07 S 50000 60.45 -------------------------------------------------------------------------------- 08/17/07 S 50000 60.90 -------------------------------------------------------------------------------- 08/17/07 S 600 61.22 -------------------------------------------------------------------------------- 08/20/07 S 61900 60.95 -------------------------------------------------------------------------------- 08/20/07 S 8 60.95 EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the persons named below agrees to the joint filing of a Statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, of Florida Rock Industries Inc. and further agrees that this Joint Filing Agreement be included as an exhibit to such filings provided that, as contemplated by Section 13d-1(k)(ii), no person shall be responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in any number of counterparts, all of which together shall constitute one and the same instrument. Dated as of August 21, 2007 DEUTSCHE BANK AG By: /s/ Jeffrey A. Ruiz -------------------------- Name: Jeffrey A. Ruiz Title: Director DEUTSCHE BANK AG By: /s/ Cesar A. Coy -------------------------- Name: Cesar A. Coy Title: Assistant Vice President DEUTSCHE BANK SECURITIES INC. By: /s/ Margaret Adams -------------------------- Name: Margaret Adams Title: Director DEUTSCHE BANK SECURITIES INC. By: /s/ Jeffrey A. Ruiz -------------------------- Name: Jeffrey A. Ruiz Title: Director