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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
RITE AID CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
767754104
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(CUSIP Number)
Jonathan D. Sokoloff
Green Equity Investors, L.P.
333 South Grand Avenue, Suite 5400
Los Angeles, CA 90071
(213) 625-0005
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(Name, address and telephone number of person
authorized to receive notices and communications)
January 27, 1997
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(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13D 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 [_].
Note. Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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 the
disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 4 Pages
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CUSIP NO. 767754104 13D
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Green Equity Investors, L.P.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS
4
00
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEM 2(d) OR 2(e) [_]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
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SOLE VOTING POWER
7
NUMBER OF 9,344,571
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
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EACH SOLE DISPOSITIVE POWER
9
REPORTING 9,344,571
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
9,344,571
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13
7.61%
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TYPE OF REPORTING PERSON*
14
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 pages
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Reference is made to that certain Schedule 13D dated January 10, 1997 (the
"Schedule 13D") filed by Green Equity Investors, L.P., a Delaware limited
partnership ("GEI"). Capitalized terms used and not defined in this Amendment
have the meanings given to them in the Schedule 13D. This Amendment amends and
supplements the Schedule 13D in the respects set forth below.
ITEM 4. PURPOSE OF TRANSACTION
On January 27, 1997, GEI notified its investors that, on February 10, 1997,
it will distribute the Rite Aid Shares to them in accordance with their
respective proportionate interests in such distribution as specified in GEI's
partnership agreement. GEI has made a request to Rite Aid, pursuant to the
relevant provisions of the Stockholder Agreement, to file, and obtain
effectiveness, prior to the date of such distribution, of a shelf registration
statement on Form S-3 under the Securities Act of 1933 (the "Securities Act")
pertaining to the sale of all of the Rite Aid Shares from time to time pursuant
to Rule 415 under the Securities Act by GEI's investors. No determination has
yet been made with respect to the timing, manner of sale or number of Rite Aid
Shares that may be sold pursuant to such registration.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
See Item 4 above.
Page 3 of 4 pages
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SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: January 28, 1997
Green Equity Investors, L.P.,
a Delaware limited partnership
By: Leonard Green & Associates, L.P.,
a Delaware limited partnership,
its general partner
By: /s/ Jonathan D. Sokoloff
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Jonathan D. Sokoloff
General Partner of Leonard
Green & Associates, L.P.
Page 4 of 4 pages
