UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Republic Industries, Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
76051610
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(CUSIP Number)
Rosalie V. Arthur
110 S.E. 6th Street
29th Floor
Fort Lauderdale, Florida 33301
(954) 527-4777
with copies to:
Valerie Ford Jacob, Esq.
Fried, Frank, Harris, Shriver & Jacobson
One New York Plaza
New York, NY 10004
(212) 859-8158
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 10, 1996
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(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 Rule 13d-
1(b)(3) or (4), check the following box [ ].
* 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).
This Amendment No. 1 to the Schedule 13D, originally
filed on December 4, 1996 and relating to the common stock, par
value $0.01 per share (the "Common Stock"), issued by Republic
Industries, Inc., a Delaware corporation (the "Issuer"), is being
filed by The Michael S. Egan Grantor Retained Annuity Trust for
Sarah Egan Mooney (the "Sarah Egan Mooney GRAT"), The Michael S.
Egan Grantor Retained Annuity Trust for Eliza Shenners Egan (the
"Eliza Shenners Egan GRAT"), The Michael S. Egan Grantor Retained
Annuity Trust for Catherine Lewis Egan (the "Catherine Lewis Egan
GRAT"), The Michael S. Egan Grantor Retained Annuity Trust for
Teague Michael Thomas Egan (the "Teague Michael Thomas Egan
GRAT"), The Michael S. Egan Grantor Retained Annuity Trust for
Riley Martin Michael Egan (the "Riley Martin Michael Egan GRAT")
(collectively the "GRAT Trusts"), The Michael S. Egan Living
Trust (the "Egan Trust"), the 110 Group Trust (the "110 Trust")
(collectively with the GRAT Trusts and the Egan Trust, the
"Trusts"), and Michael S. Egan ("Egan") (collectively with the
Trusts, the "Reporting Persons").
ITEM 2. IDENTITY AND BACKGROUND
Item 2, paragraph (c) is hereby amended in its entirety
as follows:
(c) The Reporting Persons which are trusts were
established for the benefit of their respective beneficiaries.
Egan is the Chairman of the Board and CEO of Alamo Rent-A-Car,
Inc. (a wholly owned subsidiary of the Issuer, engaged in the car
rental business), located at 110 S.E. 6th Street, 29th Floor,
Fort Lauderdale, Florida 33301. S. Jacqueline Egan is the wife
of Egan and her address is 110 S.E. 6th Street, 29th Floor, Fort
Lauderdale, Florida 33301. Rosalie Arthur is a Senior Director
in the Office of the Chairman at Territory Blue, Inc., located at
110 S.E. 6th Street, 29th Floor, Fort Lauderdale, Florida 33301.
W. A. Bryan Patten is a Chartered Financial Advisor at the
Investment Firm of Patten & Patten, Inc., located at 520 Lookout
Street, Chattanooga, Tennessee 37403. Dennis Dustin Smith is a
partner at the law firm of Tripp, Scott, Conklin & Smith, located
at 110 S.E. 6th Street, 28th Floor, Fort Lauderdale, Florida
33301.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
Item 6 is hereby amended by the addition of the
following:
Egan was awarded options to acquire 1,000,000 shares of
Common Stock at an exercise price of $33.00 per share pursuant to
the Issuer's Amended and Restated 1995 Employee Stock Option Plan,
which options have a term of ten years and are exercisable to the
extent of 25% on each anniversary of the grant until fully vested.
SIGNATURE PAGE
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:December 11, 1996
THE MICHAEL S. EGAN LIVING
TRUST
By: /s/ Michael S. Egan
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Name: Michael S. Egan
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Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
SARAH EGAN MOONEY
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
ELIZA SHENNERS EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
CATHERINE LEWIS EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
TEAGUE MICHAEL THOMAS EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
RILEY MARTIN MICHAEL EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE 110 GROUP TRUST
By: /s/ Rosalie Arthur
--------------------
Name: Rosalie Arthur
--------------------
Title: Trustee
MICHAEL S. EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
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EXHIBIT B
JOINT FILING AGREEMENT
The undersigned agree that the foregoing Statement on Schedule
13D is being filed with the Commission on behalf of each of the
undersigned pursuant to Rule 13d-1(f).
Dated:December 11, 1996
THE MICHAEL S. EGAN LIVING
TRUST
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
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Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
SARAH EGAN MOONEY
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
ELIZA SHENNERS EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
CATHERINE LEWIS EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
TEAGUE MICHAEL THOMAS EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE MICHAEL S. EGAN GRANTOR
RETAINED ANNUITY TRUST FOR
RILEY MARTIN MICHAEL EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
Title: Trustee
THE 110 GROUP TRUST
By: /s/ Rosalie Arthur
--------------------
Name: Rosalie Arthur
--------------------
Title: Trustee
MICHAEL S. EGAN
By: /s/ Michael S. Egan
--------------------
Name: Michael S. Egan
--------------------
