UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
GRAPHIC PACKAGING CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
388688103
(CUSIP Number)
AUGUST 8, 2003
(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)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*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 reminder 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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CUSIP NO. 90338R104 SCHEDULE 13 G Page 2 of 8
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1. Name of Reporting Person S.S. or I.R.S. Identification No.
The 1818 Fund II, L.P.
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2. Check the Appropriate Box if a Member of a Group [X]
[_]
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3. S.E.C. Use Only
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4. Citizenship or Place of Organization
Delaware
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Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 11,406,100
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 11,406,100
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
11,406,100
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_]
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11. Percent of Class Represented by Amount in Row 9 5.7%
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12. Type of Reporting Person PN
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CUSIP NO. 90338R104 SCHEDULE 13 G Page 3 of 8
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1. Name of Reporting Person S.S. or I.R.S. Identification No.
Brown Brothers Harriman & Co.
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2. Check the Appropriate Box if a Member of a Group [X]
[_]
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3. S.E.C. Use Only
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4. Citizenship or Place of Organization
New York
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Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 11,406,100
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 11,406,100
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
11,406,100
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_]
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11. Percent of Class Represented by Amount in Row 9 5.7%
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12. Type of Reporting Person PN
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CUSIP NO. 90338R104 SCHEDULE 13 G PAGE 4 of 8
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1. Name of Reporting Person S.S. or I.R.S. Identification No.
T. Michael Long
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2. Check the Appropriate Box if a Member of a Group [X]
[_]
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3. S.E.C. Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 11,406,100
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 11,406,100
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
11,406,100
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_]
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11. Percent of Class Represented by Amount in Row 9 5.7%
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12. Type of Reporting Person IN
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CUSIP NO. 90338R104 SCHEDULE 13 G PAGE 5 of 8
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1. Name of Reporting Person S.S. or I.R.S. Identification No.
Lawrence C. Tucker
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2. Check the Appropriate Box if a Member of a Group [X]
[_]
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3. S.E.C. Use Only
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4. Citizenship or Place of Organization
Delaware
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Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 11,406,100
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 11,406,100
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
11,406,100
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [_]
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11. Percent of Class Represented by Amount in Row 9 5.7%
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12. Type of Reporting Person IN
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CUSIP NO. 90338R104 SCHEDULE 13 G PAGE 6 of 8
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Item 1. (a) Name of Issuer
Graphic Packaging Corporation
(b) Address of Issuer's Principal Executive Offices
814 Livingston Court, Marietta, Georgia 30067
Item 2. (a) Names of Persons Filing
(i) The 1818 Fund II, L.P. ("Fund");
(ii) Brown Brothers Harriman & Co. ("BBH&Co." and general
partner of the Fund);
(iii) T. Michael Long ("Long");
(iv) Lawrence C. Tucker ("Tucker", and together
with the Fund, BBH&Co. and Long, the
"Reporting Persons").
(b) Address of Principal Business Office
140 Broadway
New York, New York 10005
(c) Citizenship
Fund - a Delaware limited partnership
BBH&Co. - a New York limited partnership
Long - United States
Tucker - United States
(d) Title of Class of Securities
Common Stock, par value $0.01 per share (the "Common Stock"
or "Shares")
(e) CUSIP NUMBER
388688103
Item 3. This statement is not filed pursuant to either Rule 13d-1(b) or
13d-2(b) or (c).
Item 4. Ownership.
(a) Amount Beneficially Owned:
As of July 9, 2004, the Fund was the holder of 11,406,100
shares of Common Stock.
By virtue of BBH& Co.'s relationship with the Fund, BBH&Co.
may be
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CUSIP NO. 90338R104 SCHEDULE 13 G PAGE 7 of 8
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deemed to beneficially own, pursuant to Rule 13d-3 of the Act,
11,406,100 Shares. By virtue of the resolution adopted by
BBH&Co. designating Long and Tucker, or either of them, as the
sole and exclusive partners of BBH&Co. having voting power
(including the power to vote or to direct the vote) and
investment power (including the power to dispose or to direct
the disposition) with respect to the Shares, each of Long and
Tucker may be deemed to beneficially own, pursuant to Rule
13d-3 of the Act, 11,406,100 Shares.
(b) Percent of Class:
For each of the Fund, BBH & Co., Long and Tucker,
approximately 5.7%, based on the number of shares of Common
Stock outstanding as reported in the Issuer's Quarterly Report
on Form 10-Q for the quarterly period ended March 31, 2004.
Number of Shares as to Which the Persons Filing Have:
(i) Sole power to vote or to direct the vote: None
(ii) Shared power to vote or to direct the vote:
11,406,100 Shares
(iii) Sole power to dispose or to direct the disposition:
None
(iv) Shared power to dispose or to direct the disposition:
11,406,100 Shares
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
Not applicable.
Item 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON
Not applicable.
Item 8. Identification and Classification of Members of the Group
See Item 4.
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 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."
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CUSIP NO. 90338R104 SCHEDULE 13 G PAGE 8 of 8
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SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated as of July 9, 2004
THE 1818 FUND II, L.P.
By: Brown Brothers Harriman & Co.,
its General Partner
By: /s/ Lawrence C. Tucker
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Name: Lawrence C. Tucker
Title: Partner
BROWN BROTHERS HARRIMAN & CO.
By: /s/ Lawrence C. Tucker
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Name: Lawrence C. Tucker
Title: Partner
/s/ Lawrence C. Tucker
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Lawrence C. Tucker
/s/ T. Michael Long
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T. Michael Long