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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Cost Plus, Inc.
------------------------------
(Name of Issuer)
Common Stock
------------------------------
(Title of Class of Securities)
221485105
------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement X
-------
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in item 1: and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
(Continued on following pages)
Page 1 of 11 Pages
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- ----------------------
CUSIP NO.
221485105
- ----------------------
- ----------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
- ----------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a)
(b) _____
- ----------------------------------------------------------------------
3. SEC Use Only
- ----------------------------------------------------------------------
4. Citizenship or place of Organization
New York
- ----------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares 0
Beneficially ------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 2,318,641
Person With ------------------------------------------------------
7 Sole Dispositive Power
0
------------------------------------------------------
8 Shared Dispositive Power
2,318,641
- ----------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,318,641
- ----------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- ----------------------------------------------------------------------
11. Percent of Class Representing by Amount in Row (9)
28.8%
- ----------------------------------------------------------------------
12. Type of Reporting Person
BD-PN-IA
- ----------------------------------------------------------------------
Page 2 of 11 Pages
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CUSIP NO.
221485105
- ----------------------
- ----------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Goldman Sachs Group, L.P.
- ----------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a)
(b) _____
- ----------------------------------------------------------------------
3. SEC Use Only
- ----------------------------------------------------------------------
4. Citizenship or place of Organization
Delaware
- ----------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares 0
Beneficially -----------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 2,318,641
Person With -----------------------------------------------------
7 Sole Dispositive Power
0
-----------------------------------------------------
8 Shared Dispositive Power
2,318,641
- ----------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,318,641
- ----------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Representing by Amount in Row (9)
28.8%
- ----------------------------------------------------------------------
12. Type of Reporting Person
HC-PN
- ----------------------------------------------------------------------
Page 3 of 11 Pages
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CUSIP NO.
221485105
- ----------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Pearl Street, L.P.
- ----------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a)
(b) _____
- ----------------------------------------------------------------------
3. SEC Use Only
- ----------------------------------------------------------------------
4. Citizenship or place of Organization
Bermuda
- ----------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares 0
Beneficially -----------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 2,318,641
Person With -----------------------------------------------------
7 Sole Dispositive Power
0
-----------------------------------------------------
8 Shared Dispositive Power
2,318,641
- ----------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,318,641
- ----------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- ----------------------------------------------------------------------
11. Percent of Class Representing by Amount in Row (9)
28.8%
- ----------------------------------------------------------------------
12. Type of Reporting Person
PN
- ----------------------------------------------------------------------
Page 4 of 11 Pages
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CUSIP NO.
221485105
- ----------------------
- ---------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
GSEM Partners
- ---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a)
(b) _____
- ---------------------------------------------------------------------
3. SEC Use Only
- ---------------------------------------------------------------------
4. Citizenship or place of Organization
New York
- ---------------------------------------------------------------------
Number of 5 Sole Voting Power
Shares 0
Beneficially -----------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 2,318,641
Person With -----------------------------------------------------
7 Sole Dispositive Power
0
-----------------------------------------------------
8 Shared Dispositive Power
2,318,641
- ---------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,318,641
- ---------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- ---------------------------------------------------------------------
11. Percent of Class Representing by Amount in Row (9)
28.8%
- ---------------------------------------------------------------------
12. Type of Reporting Person
PN
- ---------------------------------------------------------------------
Page 5 of 11 Pages
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Item 1(a). Name of Issuer:
Cost Plus, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
201 Clay Street
Oakland, CA 94607
Item 2(a). Name of Person Filing:
The Goldman Sachs Group, L.P. and Goldman, Sachs & Co.
Item 2(b). Address of Principal Business Office, or, if None, Residence:
85 Broad Street
New York, NY 10004
Item 2(c). Citizenship:
The Goldman Sachs Group, L.P. - Delaware
Goldman, Sachs & Co. - New York
Item 2(d). Title and Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
221485105
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-
2(b). check whether the person filing is a :
(a).X Broker or dealer registered under Section 15 of the Act,
Goldman, Sachs & Co.
(b). Bank as defined in Section 3(a)(6) of the Act,
(c). Insurance Company as defined in Section 3(a)(19) of the Act,
(d). Investment Company registered under Section 8 of the Investment
Company Act,
(e).X Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940, Goldman, Sachs & Co.
(f). Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F),
Page 6 of 11 Pages
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(g).X Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G); see Item 7, The Goldman Sachs Group, L.P.
(h). Group, in accordance with Rule 13d-1(b)(ii)(H).
Item 4. Ownership.
(a). Amount beneficially owned:
See the responses(s) to Item 9 on the attached cover page(s).
(b). Percent of class:
See the response(s) to Item 11 on the attached cover page(s).
(c). Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached cover
page(s).
(ii) Shared power to vote or direct the vote:
See the response(s) to Item 6 on the attached cover
page(s).
(iii) Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached cover
page(s).
(iv) Shared power to dispose or to direct the disposition of:
See the response(s) to Item 8 on the attached cover
page(s).
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 the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
See Exhibit(99.2)
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Page 7 of 11 Pages
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Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such 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.
Date: May 9, 1996
PEARL STREET, L.P. THE GOLDMAN SACHS GROUP, L.P.
By: /s/ Edward A. Mule By: /s/ Edward A. Mule
------------------------------- -------------------------------
Name: Edward A. Mule Name: Edward A. Mule
Title: General Partner Title: General Partner
GSEM PARTNERS GOLDMAN, SACHS & CO.
By: /s/ Edward A. Mule By: /s/ Edward A. Mule
----------------------------- -------------------------------
Name: Edward A. Mule Name: Edward A. Mule
Title: General Partner Title: General Partner
Page 8 of 11 Pages
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INDEX TO EXHIBITS
Exhibit No. Exhibit
- ----------- -------
99.1 Joint Filing Agreement, dated May 9, 1996, between The
Goldman Sachs Group, L.P., Goldman, Sachs & Co., Pearl
Street, L.P., and GSEM Partners.
99.2 Item 7 Information
Page 9 of 11 Pages
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EXHIBIT (99.1)
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) promulgated under the Securities Exchange
Act of 1934, the undersigned agree to the joint filing of a Statement on
Schedule 13G (including any and all amendments thereto) with respect to the
shares of Common Stock, $.01 par value of Cost Plus, Inc. and further agree to
the filing of this agreement as an Exhibit thereto. In addition, each party to
this Agreement expressly authorizes each other party to this Agreement to file
on its behalf any and all amendments to such Statement on Schedule 13G.
Date: May 9, 1996
PEARL STREET, L.P. THE GOLDMAN SACHS GROUP, L.P.
By: /s/ Edward A. Mule By: /s/ Edward A. Mule
--------------------------- ------------------------------
Name: Edward A. Mule Name: Edward A. Mule
Title: General Partner Title: General Partner
GSEM PARTNERS GOLDMAN, SACHS & CO.
By: /s/ Edward A. Mule By: /s/ Edward A. Mule
--------------------------- ------------------------------
Name: Edward A. Mule Name: Edward A. Mule
Title: General Partner Title: General Partner
Page 10 of 11 Pages
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EXHIBIT (99.2)
ITEM 7 INFORMATION
Goldman Sachs & Co. is a broker or dealer registered under Section 15 of
the Act and an investment adviser registered under Section 203 of the Investment
Advisers Act of 1940.
Page 11 of 11 Pages
