Nathaniel M Gorton Financial Disclosure Report for 2010

8/3/2019 Nathaniel M Gorton Financial Disclosure Report for 2010

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August 1,2011

Bobby R. Baldock, ChairJudicial Conference of the United StatesCommittee on Financial DisclosureOne Columbus Circle, N.E.Washington, D.C. 20544

Re: My Calendar Year 2010 FilingDear Mr. Baldock:

This is in response to your letter dated July 25, 2011 concerning my 2010 filing.With respect to the substantive changes inquired about on page 2, I notice that the four

items questioned all relate to stock holdings in the charitable remainder trust of which I am onlan income beneficiary. For as many years as I can remember, I have entered information withrespect to that trust in the same way. I do not report the gross value at the end of reporting period( Column C ) because, as stated in the Additional Information Or Explanations section, assets inthat trust do not belong to me and are not properly included in my financial portfolio.

I report income from the charitable remainder trust in Colum n B because my wife and Ireceive income from that trust but I subm it it would be inapp ropriate to report the gross value ofstocks added to that trust during the relevant calendar year because the value of those stocks isnot part of my estate. Thus, I respectfully suggest that the Form be accepted as is becauseotherwise it would misrepresent my financial standing.I have noted, as you suggest on page 1 of your letter, that in preparing future reports I am

to include all reportable information in Parts I - VII rather than in part VIII. My JudicialAssistant will help me to report the information properly in the future.

If you or somebody at the AO would like to discuss the matter further with me, please came at 617-748-9247.

Very truly yours,

NMG/sehNathaniel M. Gorton


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AO 10Rev. 1/2011

FINANCIAL DISCLOSURE REPORTFOR CALENDAR YEAR 201 0Report Required by the Ethics

in Government A ct ofl978(5 U .S.C. app..~~" 101-111)

i. Person Repor ling ( las t name, f ir s t , middle init ial)Gor ton , Na thanie l M .

4. Tit le (Article Il l judges indicate active or senior status;magis t ra te judges indicate fu l l - or par l - t ime)

U. S. Dis trict Court - Active

7. Chamber ~ or O f f ice Addr es sU ni t ed S ta t e s D i s t r i c t Cour tI Cour thous e W ay , Sui t e 3110Bos ton , M A 02210

2. Court or Organizat ionD i s t r i c t Cour t - M as s ac hus e t t s

3. Date of Repor t05/09/2011

5a . Report Type (check appropria te type )] Nomina t ion , D a t e[] Initial [] Annual [] Final5b. [] Amended Report8. On the basis o f the in fo rm a tion con ta ined in this Report and anymodif ica t ions pe rla in ing the re to , i t is , in my op in ion , in com pliancewith appl icable l aws and regula t ions .

Revievdng Office r Date

6. Repor t ing Per iodOI/OI/2010

to12/31/2010

I M P O R T A N T N O T E S : The instructions accompanying this form must be followed Complete ali parts,checking the NONE box for ea ch part where you ha ve no reportable information. ~qign on last page .

I . P O S I T I O N S . ( R e p o . i .g i n a i v i a u o l o n l y ; s . p , . 9 - 1 3 of filing instructions.)D NONE (No repo rtable positions.)

POSITIONI. See At tachment # 12.

3.4.5.

NAME OF ORGANIZATION/ENTITY

I I . A G R E E M E N T S . ~ , ~ , o . i . , individual only; seepp. 14-16 of filing instructions.)~] (No reportable agreements.)O N E

DATE PARTIES AND TERMS


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FINANCIAL DISCLOSURE REPORTPage 2 of 8

N a m e o f P e r s o n R e p o r t in gGorgon , Nathaniel M.

D a t e o f R e p o r t05/09/201 I

I I I . N O N - I N V E S T M E N T I N C O M E . (Reporting individual andspouse; seepp. 17-24of filing instructions.)A. Filers Non-Investment Incom e

[~ N O N E (No reportable non-investment income.)DATE SOURCE AND TYPE

I . Augus t 1 9 S l a d e G o r t o n & Co . , In c . ( C l o se l y h e l d ~ se a f o o d b u s i n e s s )corporate clerk/secretary, director, custodian, trustee and accountingd u t i e s

INCOME(yo u r s , not spouses)

$ I 0,000.00

B . S p o u s e s N o n - I n v e s tm e n t I n c o m e - if ).ou were married during any portion of the reporting year, complete this section.(D ollar amount not required except for honoraria.)

N O N E ( N o reportable non-investment income.)DATE SOURCE AND TYPE

I.

2.

3.4.

I V . R E I M B U R S E M E N T S -- ,ransportation, lodging, food, entertainment.(Includes those to spouse and dependent children; see pp. 25-27 of filing instructions.)

D (No reportable reimbursements .)ONE

3.4.5.

SOURCENew Yo r k I n t e l lec t ua lPr ope r t y Law y er s As s o c i a t ion

DATES LOCATION PURPOSE ITEM S PAID OR PROV IDEDr e i m b u r s e m e n t f o r l o d g i n g a n d t r a v e l b ytrain~ : rom Boston to NYC toa t t end ann ua l N.Y.I .P , L .A. d inne r 3 /25/10a t Waldor f As tor i a


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FINANCIAL DISCLOSURE REPORTP a g e 3 o f 8

N a m e o f Pe r son Re por l i ngG o r t o n , N a t h a n i e l 5 1 .

Dale of Repor t05/09/201 I

V . G I F T S . a n c l u d e ~ , h o s o t o ~ p o , , ~ e o n d d , p e n d , n , children; s c e p p . 2 8 - 3 1 of filing instructions.)N O N E ( N o reporta ble gifts.)

SOURCE DESCRIPTIONI.2.3.4.5.

V A L U E

V I . L I A B I L I T I E S . a n c t u d e ~ t h o s e o ~ ~ p o u s o a , d d e p e ,d c , t children; see p p . 3 2 - 3 3 of filing instructions.)N O N E ( N o reporta ble liabilities.)

C R E D IT O R D E S C R IP T IO N1 .2.3.4.5.

VALUECODE


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N a m e o f P e r s on R e p o r t i n gGor ton, Nathaniel 51.

D a t e o f R e p o r t05/09/2011

V I I . I N V E S T M E N T S a n d T R U S T S - income, ralue, transactions (Includes those o.tspouse and dependent children; seepp. 34-60 of filing instructions.)N O N E (N o reportable income, assets, or transactions.)

A. B. C. D.Description o f Assets In co m e d uring Gross value a t end Transac t ions dur ing repor t ing per iod( inc luding t rus t asse ts ) reporting period of reporting period

(l ) (2 ) 0) (2) (I ) (2) (3) ] (4)Place "(X)" after each asset Amount Type (e.g., Value V a l u e Type (e.g., D a t e Value i Gain

exempt from prior disclosure C o d e I div., rent, C o d e 2 Method buy, se l l , mm/dddyy C o d e 2 [ C o d e I(A-H) o r i n t . ) ( J - P ) Cod e 3 redem ption) ( J - P ) ] (A - H )(Q-W) [

I. SG Seafood Ho ldings, Inc. (a M Acorporat ion ) (comm on s tock)2. Fidelity Cash Reserves (individ ual)3. Fidelity Money Market Accounts

(POA,trustee)(Att# I,4)4. Charitable Remainder Tru st

5. Costco W holesale Corp.6. Proctor & Gam ble Co.

7. A T & T, Inc.8. JPM Chase Cap

9. Procter & Gamble Co.1 0 . Pepsico, Inc.

1 1 . A T & T , I n c .1 2 . Eaton V anc r Corp .1 3 . Cisco Systems Inc.1 4 . HCP, Inc.1 5 . Exelon Corp1 6 . Boston Financial Management, Inc. IRA1 7 . N YTelephon e

G N Q

A Dividend J T

A Dividend L TInt . /Div.

None PI

S o ld 02/02/I 0 J BS o l d 02/02/I 0 J CBu y 02 /04 /10 JBu y 02/04/10 JS o ld 02/04/I 0 J CS o l d 02/04/10 J BS o l d 06121/10 JS o ld 07/01/10 JBu y I 1/12/10 JBu y 12/13/10 JS o l d 12/13/10 J

Sold 01115/10

( 5 )I d e n t i t y o f

b u y e r / s e l l e r( i f p r i v a t e

t r a n s a c t i o n )

See Section VIII

See Section VIII

I . Income G ain Codcs : A = $ 1,000 or less B -$1.001 - $2,500 C =$2,501 - $5,000 D =$ 5.001 - $15,000( Se e C olu mn s B I a nd Dd ) F -S 50 .0 01 - $ 10 0,0 00 G :$ 100 ,001 - $ 1,000 .000 H I =$ 1, 000.0 01 - $ 5, 000,0 00 H 2 = Mo re tha n $ 5,000 ,000

2. V alue Cod es J =$ 15.0~0 or less K =$15.001 - $ 50.000 L -$50,001 - $ 100.000 M -$ 100,001 - $250,000( S ee C o l u m n s C I an d D31 N =$250.001 - $509,000 O = $500.001 - $1,000,000 P l = $ 1 ,0 00 .0 01 - $ 5, 00 0. 00 0 P 2 =$ 5 .0 90 ,0 01 - $ 2 5, 00 0. 00 ~

P3 =$25.00~.001 - $ 50.0(~) .000 P4 - Mor e than $50 ,0 ~ 0 ,0 ~ 03 . Value Method Codes Q = Ap p r a i sa l R =Cos t ( R eal E s l a l e O n ly ) S =A s s es s ment T - C a s h M a r k l(S e e C o lumn C 2) U =B ook Value V = O t h e r W =E s t imated

E =$15,001 - $50,1"~0


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N a m e o f P e r s o n R e p o r t in gGorto n, Nathaniel 51.

D a t e o f R e p o r t05/09 /2011

V I I . I N V E S T M E N T S a n d T R U S T S - incomep value, transactions (Includes those of spouse and dependent children; seepp. 34-60 of filing instructions.)N O N E (No reportable income, assets, or transactions.)

D e s c r i p t i o n o f A s s e t s I n c o m e d u r i n g( i n c l u d i n g t r u s t a s s e t s ) r e p o r t i n g p e r i o d

O) (2)P l a c e " ( X ) " a f t e r e a c h a s s e t A m o u n t T y pe ( e . g .,e x e m p t fr o m p r i o r d is c l o s u r e Code I d i v . , r e n t ,

( A - H ) o r i n t . )

G r o s s v a l u e a t e n do f r e p o r t i n g p e r i o d(t) (2)

V a lu e V a lu eC o d e 2 M e t h o d

( . I - p ) C o d e 3( Q - W )

0)T y p e ( e . g .,buy , s e l l ,

r e d e m p t i o n )

T r a n s a c t i o n s d u r i n g r e p o r t i n g p e r i o d

(2) (3) (4)D a t e V a l u e G a i n

m m / d d / y y C o d e 2 C o d e 1O - P ) ( A - ~ )

( 5 )I d e n t i t y of

b u y e r / s e l l e r(ifpriva*e

n " a n s a c t i o n )

1 8 . Anadarko Petroleum Corp.1 9 . Emerson Electric Co.

S o ld 02/02/I 0 JS o ld 02/02/10 J

A

B

20 . Johnson & Johnson Sold 02/02/10 J C

21 . S t a p l e s , Inc.22 . W a l g r e e n C o .23 . A T & T , I n c .24 . Genera l Elec t r i c Capi t a l Corp .25 . J PM C ha se C a p .26 . W e l l s F a r g o C a p i t al27 . Genera l Elec t r i c Capi t a l Corp .28 . W e l l s F a r g o C a p i t a l29 . C hubb C orp .30 . Staples, Inc.

31 . E a t o n V a n c e C o r p .32 . Netapp, Inc.

33 . N ova r f i s C a p C orp .34 . H S B C H o l d i n g s P L C A D R

S o ld 02/02/10 JS o ld 02/02/10 JBu y 02/04/I 0 JBu y 02/04/I 0 JBu y 02/04/10 JBu y 02/04/I 0 JBu y 02/05/10 J(add l )Bu y 02/05/10 J(ad d l )Bu y 02/08/I 0 J

S o ld 02/08 /10 K(par t)Sold 07/07/10 KBu y IO/OI/lO J

Bu y 10/05/10 KBu y I0/08110 K

CA

I. Income G ain Codes :{ S e e Columns B I and I )4 )

2. Value Codes( S c Columns C I and D3 )

3. Val u e M et h o d C o d e : ;LSce Column C2)

A -$1.0~O or lessF =$50.001 - $100.000J -$15,0~O or le~sN = $ 2 5 0 .1K q - $ 5 00, 00~P3 $25.0OO.001 - $ 50,0{)0.000Q = A p p r a i ~ lU =B ook Value

B =$1.0~ I - $2.500G =$100,001 - $1,009.00~K =$15.0~1 . $50,0OOO =$50(I,001 - $ 1,000,00~R =Cos t ( R eal E s t a l e O nly )V = O ~h er

C =$2.501 - $5,000H 1 =$1,0(KI.001 - $ 5 ,0{~,0~L =$50.0OI - 5100.000PI =$1,000.001 - $5,090,0(~P4 -More than $50,000.000S =A s s es s mentW =E s t imated

D =$5,001 - $15,0~0H2 =More than $5,000.000M =$ 100.001 - $250,0~P2 =$5,090,0~1 -T = C a s h M a r k e t

E =$15,001 - $50.000


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N a m e o f P e r so n R e p o r t i n gGorton , Nathaniel M.

D a t e o f R e p o r t05/09/2011

V I I . I N V E S T M E N T S a n d T R U S T S - in e o ,, e , , a la e , t r an s a c tio n s (Includes those of s p o u s e a n d dependent children; see p p . 3 4 - 6 0 of filing instructions.)N O N E ( N o reportable income, assets, or transactions.)

D e s c r i p t i o n o f A s s e t s I n c o m e d u r i n g( i n c l u d i n g t r u s t a s s e t s ) r e p o r t i n g p e r i o d

(1) (2)Place "(X)" after each asset A m o u n t Type (e.g.,

exempt from prior disclosure Code I d i v . , r e n t ,( A - H ) o r int . )

G r o s s v a l u e a t e n do f r e p o r t i n g p e r i o d(t) (2)

V a lu e V a lu eC o d e 2 M e t h o d(J-P) C o d e 3

( Q - W )

Type (e.g.,b u y , s e l l ,

r e d e m p t i o n )

T r a n s a c t i o n s d u r i n g r e p o r t i n g p e r i o d

(2) (3) (4)D a t e V alue G a in

m m/dd /yy Co de 2 Co d e I( j -p) (A-I~

( 5 )Ident i ty of

b u y e r / s e l l e r( i f p r i v a t e

w a n s a c t i o n )

35 . Automatic Data Processing, Inc.36 . Amer Express Cr Mm

37 . Novo-Nord isk AS ADR-B38 . Citrix System, lnc.39 . Bos ton Financial Management , Inc. B Int./Div.revocable trust40 . Northern Trust Corp.

41 . United Parcel Service, Inc.42 . United Technologies Corp.43 . Air Products & Chemicals . Inc.4 4. Pe ab o d y En er gy Co r p .45 . Boston Financial Mangement, lnc. revocable B Int./Div.trust !46 . P e a b o d y E n e r g y C o r p .47 . Bank o f Am er i ca A I n t e r e s t

SoldB uy

Sold

SoldT

Bu y

B uyB uyB uyBu y

T

Bu y

T

10/08/1010/20/1011/12/1011/12/10

04/07/i 004/07/I 004/07/1004/07/I 006/02/10

06/02/I 0

K

K

K

J

J

J

J

J

D

B

See Section VIII

See Section VIII

1. Incom e G ain Cod es: A =$1,000 or less B =$1,001 - $2 ,500 C =$2,501 - $5,000 D =$5,001 - $15,000( Se e C olu m ns B I a nd IM ) F =$ 50.0 01 - $ 100.000 G =$ 100 .0~ 1 - 1 1,000 .000 H I = $1 ,0 0~ .0 01 - $ 5,0 09 ,0 ~) H2 =Mor e than $5 ,0 0 0 ,0 ~

2 . Value Codes J =$15,000 or less K $ 15. 001 - $ 50 . 000 L =$50,001 - $100,000 M =$ 100,001 - $250,000( See Columns C I and D3 ) N =$250.001 - $500,000 O -$ 500,00 1 - $1,000 .00O P I = $1, 00 0,0 01 - $ 5, 000 ,0 00 P2 =$5,000,001 - $25,000,000

P3 =$25,000,001 - $50,000.000 P4 =More than $50,000,0003 . Value Method Codes Q = Ap p r a i sa l R =Cos t ( R eal E s t a t e O nly ) S =A s s es s ment T = C a s h M a r k e t

(S ee C o lum n C 2) U =B oo k V alue V - O t h e r W =E s t imated

E =$15,001 - 550,000


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N a m e o f P e r s o n R e p o r ti n gGorton, Nathaniel M .

Date of Repor t05/09/201 I

V III. ADDITIONAL INFORM ATION OR EX PLANATIONS. ~lnaicateparto/report.)Lin e I - Dur in g 2010 S lad e Go r to n & Co . , In c ., a Massachuse t t s co rp o ra t io n (" the Co mp a n y") chan g ed i t s co rp o ra te s t ruc tu re b y c rea t in g a n ew ho ld in g co m p an y,S G S e a f o o d H o l d i n g s , I n c . (" H o l d i n g s " ) . T h e r e p o r t in g p a r t y o w n s t h e s a m e p r o p o r t io n o f s t o c k i n H o l d i n g s a s h e h a d o w n e d s h a r e s i n t h e C o m p a n y . I n c o m e o fthe rep o r t in g p ar ty rep o r ted in S ec t io n VII i s a t t r ib u tab le to h i s p ro ra ta share o f the in co me o f H o ld in g s w h ich i s t axed as an S co rp o ra t io n w hereb y a l l co rp o ra tein co m e i s d eem ed p assed th ro ug h an d t axab le to the in d iv id ua l s to ckho ld ers w hether o r n o t such in co m e i s , in fac t , d i s t r ib u ted . The va lue o f the s to ck ho ld in g s i sap p ra i sed b ien n ia l ly b y a cer t i f i ed f in an c ia l an a lys t .L i n e 4 - i n 1 9 9 7 t h e r e p o r t i n g p a r t y ~ ] f u n d e d a c h a r i t a b l e r e m a i n d e r t r u s t o f w h i c h t h e y a r e t h e i n c o m e b e n e f i c i a r ie s f o r l i f e b u t i n w h i c h t h e y r e t a i n n or ight to principal .Lin es 4 , 16 , 39 an d 45 - The as se t s l i s ted o n these l in es (an d the t ran sac t io n s n o ted in the l in es tha t fo l lo w ) a re man a g ed b y Bo s to n F in an c ia l M an ag em en t , In c . ,B os ton , M A and cons i s t o f s t ocks and bond s i n publ i c ly he ld com panie s and eq ui ty ho ld ings bas ed on ind ices l i s ted i n At t achme nt #2 .


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Name of P e r son Repor t ingG o r t o n , N a t h a n i e l 5 1 .

Date of Repor t05/09/2011

IX . CERTIFICATION.! c e r t i f y t h a t a l l i n f o r m a t i o n g i v e n a b o v e ( i n c l u d i n g i n f o r m a t i o n p e r t a i n i n g t o m y s p o u s e a n d m i n o r o r d e p e n d e n t c h i l d r e n , i f a n y ) i sa c c u r a t e , t r u e , a n d c o m p l e t e t o t h e b e s t o f m y k n o w l e d g e a n d b e l i e f , a n d t h a t a n y i n f o r m a t i o n n o t r e p o r t e d w a s w i t h h e l d b e c a u s e i t m e t a p p l i c a b l e s t a tu t o r yp r o v i s i o n s p e r m i t t i n g n o n - d i s c l o s u r e .I f u r th e r c e r t if y t h a t e a r n e d i n c o m e f r o m o u t s i d e e m p l o ) a n e n t a n d h o n o r a r i a a n d t h e a c c e p t a n c e o f g i f t s w h i c h h a v e b e e n r e p o r t e d a r e i nc o m p l i a n c e w i t h t h e p r o v i s i o n s o f 5 U . S . C . a p p . 5 0 1 e t . s e q . , 5 U . S . C . 7 3 5 3 , a n d J u d i c i a l C o n f e r e n c e r e g u l a t i o n s .

Signature: S/Nathaniel M . G orton

N O T E : A N Y I N D I V ID U A L W H O K N O W I N G L Y A N D W I L F U L LY F A L S IF I E S O R F A I LS T O F I LE T H I S R E P O R T M A Y B E S U B J E C T T O C I V I LA N D C R I M I N A L S A N C T I O N S ( 5 U . S . C . a p p . 1 0 4 )

Committee on Financial DisclosureAdministrative Office of the United States CourtsSuite 2-301One Columbus Circle, N.E.Washington, D.C. 20544


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Financial Disclosure ReportNathaniel M. Gorton

May I, 2011Attachment #i

I. Positions

o

Position Name of Orqanization/EntitStockholder, Clerk/Secretaryand Director

Slade Gorton & Co., Inc.,Boston, MA (closely held~ i : i i ~ i i ~ i l . i ~ i ! i ~ i ~ s e a f o o d b u s i n e s s ) aMA corporation and successorof Rocky Bay Trust, a MABusiness Trust, which formerlyowned all of the stock of theCorporation

Clerk and Director Cambridge Animal Aid, Inc.Floral City, FL (non-profitanimal aid organizationmanaged by reporting partys

o Member of the Corporation The New England Home forLittle Wanderers, Boston, MA(non-profit, private childwelfare agency)

NOTE: None of the beneficiaries of the following trusts andaccounts of which the reporting party is a trustee (or holds apower of attorney) is a dependent of the reporting party andneither the reporting party nor his spouse has any beneficialinterest in or control over the disposition of assets of suchtrusts and accounts.

o Power of Attorney/Trustee Fidelity money market accounts(for all stockholders of SladeGorton & Co., Inc.,all of

............... t y )..... of reporting par


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Trustee

Trustee

Irrevocable Trust (created inconnection with the estateplan of the reporting partys

1989 Irrevocable Trust andIrrevocable Sub S Trust (bothcreated in connection with theestate plan of reportingp a r t y s ~~i]


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F i n a n c i a l D i s c lo s u r e R e p o r tN a t h a n i e l M . G o r t o nM a y 1 ,2 0 1 1A t t a c h m e n t # 2All of the listed holdings are of common stock unless otherwise noted.Abbott Labs (stocks & bond)Air Products & Chemicals, Inc.American Express Co. (stocks & bond)Anadarko Pete Co.A T & T, Inc.Automatic Data Processing, Inc.Avalonbay Communities, Inc.A v o n Products , Inc . (bond)Chubb Corp.Cisco C o r p .Citrix S y s t e m s , Inc .C o c a C o l a C o .Costco Wholesale Corp.C V S C o r p .Devon Energy Corp.Dodge & Cox FDS Intl Stk FundEmerson Electric Co.Exelon Corp.Exxon-Mobile Corp.F e d e x C o r p .Federal Home Loan Bank (bond)Federal Home Loan Mortgage Corp. (bond)Financial Select Sector SPDR/ETFGeneral Electric Capital Corp. (pfd)Georgia Power Co. (bond)Google Inc.H C P , I n c.HSBC Holdings PLC ADRHewlett Packard Co. (bond)

IBM Intl Group (bond)JPM Chase Capital (pfd)Johnson & JohnsonLowes Companies, Inc.National Rural Utilities (bond)N e t a p p , I n c .Nextera Energy Corp. *Nike, Inc.Novartis Capital Corp. (bond)Northem Trust Corp.Novo-Nordisk AS ADR-BPeabody Energy Corp.Pepsico, Inc.Pitney Bowes, Inc. (bond)Powershares Global Water PortfolioProcter & Gamble Co.RPM, Inc. (Ohio)Royce Fund Penn Mut InvSBC Communications, Inc. (bond)Sigma Aldrich Corp.SPDR Gold TrustS t r y k e r C o r p .T a r g e t . C o r p .Teva Pharmaceutical Industries, Ltd.United Parcel Service, Inc.United Technologies Corp.Vodafone Group, Inc.Walgreen CompanyWalMart Stores, Inc. (bond)Wells Fargo Capital (pfd)Western Union Co.

Equity holdings based on indices:IShares, Inc. Morgan-Stanley Capital Intl (MSCI) Pacific Rim ex-Japan IndexIShares, Inc. MSCI Emerging Market IndexIShares, Inc. Russell 2000 IndexIShares Tr EAFE Index

* o n 6 / 3 /1 0 F P L G r o u p , In c . c h a n g e d i ts c o r p o r a t e n a m e t o N e x t e r a E n e r g y C o r p .

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Nathaniel M Gorton Financial Disclosure Report for 2010