COST PLUS INC/CA/
SC 13G/A, 1999-03-12
VARIETY STORES
Previous: EDWARDS J D & CO, 10-Q, 1999-03-12
Next: NUVEEN TAX FREE MONEY MARKET FUND INC, 497, 1999-03-12



<PAGE>


                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934
                                 Amendment No. 3



                                 Cost Plus, Inc.
- -------------------------------------------------------------------------------
                                (Name of Issuer)



                          Common Stock, $0.01 par value
- -------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    221485105
                  --------------------------------------------
                                 (CUSIP Number)





                                  March 9, 1999
- -------------------------------------------------------------------------------
             (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)



                                Page 1 of 7 pages
<PAGE>

- -----------------------
  CUSIP NO. 221485105                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   NAME OF REPORTING PERSON
      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

- ------------------------------------------------------------------------------
                     5.   SOLE VOTING POWER
                      
     NUMBER OF                 0

      SHARES       -----------------------------------------------------------
                     6.   SHARED VOTING POWER
   BENEFICIALLY       
                               9,020
     OWNED BY
                   -----------------------------------------------------------
       EACH          7.   SOLE DISPOSITIVE POWER
                      
    REPORTING                  0

      PERSON       -----------------------------------------------------------
                     8.   SHARED DISPOSITIVE POWER
       WITH:                                                 
                               9,020

- ------------------------------------------------------------------------------
 9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
           9,020

- ------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
  
                                                                    [_]

- ------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
           0.1%

- ------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON

           BD-PN-IA

- ------------------------------------------------------------------------------



                                Page 2 of 7 pages
<PAGE>

- -----------------------
  CUSIP NO. 221485105                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   NAME OF REPORTING PERSON
      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

- ------------------------------------------------------------------------------
                     5.   SOLE VOTING POWER
                     
     NUMBER OF                 500

      SHARES       -----------------------------------------------------------
                     6.   SHARED VOTING POWER
   BENEFICIALLY      
                               9,020
     OWNED BY
                   -----------------------------------------------------------
       EACH          7.   SOLE DISPOSITIVE POWER
                     
    REPORTING                  500

      PERSON       -----------------------------------------------------------
                     8.   SHARED DISPOSITIVE POWER
       WITH:           
                               9,020

- ------------------------------------------------------------------------------
 9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
           9,520

- ------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
  
                                                                    [_]

- ------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
           0.1%

- ------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON
  
           HC-PN

- ------------------------------------------------------------------------------



                                Page 3 of 7 pages

<PAGE>

- -----------------------
  CUSIP NO. 221485105                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   NAME OF REPORTING PERSON
      I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Goldman Sachs Credit Partners, 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

- ------------------------------------------------------------------------------
                     5.   SOLE VOTING POWER
                      
     NUMBER OF                 0

      SHARES       -----------------------------------------------------------
                     6.   SHARED VOTING POWER
   BENEFICIALLY      
                               0
     OWNED BY
                   -----------------------------------------------------------
       EACH          7.   SOLE DISPOSITIVE POWER
                     
    REPORTING                  0

      PERSON       -----------------------------------------------------------
                     8.   SHARED DISPOSITIVE POWER
       WITH:                                                
                               0

- ------------------------------------------------------------------------------
 9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
           0

- ------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

                                                                    [_]

- ------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           0.0%

- ------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON
  
           PN

- ------------------------------------------------------------------------------



                                Page 4 of 7 pages
<PAGE>

- -----------------------
  CUSIP NO. 221485105                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   NAME OF REPORTING PERSON
      I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Goldman Sachs Global Holdings, L.L.C.

- ------------------------------------------------------------------------------
 2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC USE ONLY
  


- ------------------------------------------------------------------------------
 4.   CITIZENSHIP OR PLACE OF ORGANIZATION
  
           Delaware

- ------------------------------------------------------------------------------
                     5.   SOLE VOTING POWER
                      
     NUMBER OF                 0

      SHARES       -----------------------------------------------------------
                     6.   SHARED VOTING POWER
   BENEFICIALLY       
                               5,482
     OWNED BY
                   -----------------------------------------------------------
       EACH          7.   SOLE DISPOSITIVE POWER
                      
    REPORTING                  0

      PERSON       -----------------------------------------------------------
                     8.   SHARED DISPOSITIVE POWER
       WITH:           
                               5,482

- ------------------------------------------------------------------------------
 9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
           5,482

- ------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
  
                                                                    [_]

- ------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
           0.1%

- ------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON
  
           PN

- ------------------------------------------------------------------------------



                                Page 5 of 7 pages

<PAGE>

Item 4.            Ownership. (1) (2) (3)

          (a).     Amount beneficially owned:
                   See the response(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 to 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.
                   If this statement is being  filed to report the  fact that as
                   of the date  hereof the reporting  persons have  ceased to be
                   the beneficial owners of more than  five percent of the class
                   of securities, check the following [X].

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.


- --------------------------
(1)    Includes 3,538 shares of Common Stock issuable upon exercise of currently
exercisable  Stock Options granted to Goldman,  Sachs & Co. pursuant to the Cost
Plus, Inc. 1995 Stock Option Plan.

(2)    Includes 500 shares of  Common Stock  issuable upon exercise of currently
exercisable  Stock Options granted to The Goldman Sachs Group,  L.P. pursuant to
the Cost Plus, Inc. 1996 Director Option Plan.

(3)    The Goldman  Sachs Group,  L.P.  ("GS  Group") and  Goldman,  Sachs & Co.
("Goldman  Sachs")  each  disclaim   beneficial   ownership  of  the  securities
beneficially  owned by (i) any client  accounts  with  respect to which  Goldman
Sachs or employees of Goldman  Sachs have voting or  investment  discretion,  or
both and (ii) certain investment entities,  of which a subsidiary of GS Group or
Goldman Sachs is the general partner, managing general partner or other manager,
to the extent  interests  in such  entities  are held by  persons  other than GS
Group, Goldman Sachs or their affiliates.



                                Page 6 of 7 pages
<PAGE>

                                    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:  March 12, 1999


                                  THE GOLDMAN SACHS GROUP, L.P.

                                  By:    /s/ Hans L. Reich
                                         -------------------------------------
                                  Name:      Hans L. Reich
                                  Title:     Attorney-in-fact


                                  GOLDMAN, SACHS & CO.

                                  By:    /s/ Hans L. Reich
                                         -------------------------------------
                                  Name:      Hans L. Reich
                                  Title:     Attorney-in-fact


                                  GOLDMAN SACHS CREDIT PARTNERS, L.P.

                                  By:    /s/ Hans L. Reich
                                         -------------------------------------
                                  Name:      Hans L. Reich
                                  Title:     Attorney-in-fact


                                  GOLDMAN SACHS GLOBAL HOLDINGS, L.L.C.

                                  By:    /s/ Hans L. Reich
                                         -------------------------------------
                                  Name:      Hans L. Reich
                                  Title:     Attorney-in-fact



                                Page 7 of 7 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission