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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)(1)
AUTOZONE, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
053332-10-2
(CUSIP Number)
(1)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).
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CUSIP No. 053332-10-2 13G PAGE 2 OF 9 PAGES
--------------------- ----- -----
1. Names of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons
PITTCO ASSOCIATES, L.P.
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
DELAWARE
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5. Sole Voting Power
Number of 9,387,317
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With 9,387,317
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
9,387,317
---------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.2%
---------------------------------------------------------------------
12. Type of Reporting Person
PN
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CUSIP No. 053332-10-2 13G PAGE 3 OF 9 PAGES
--------------------- ----- -----
1. Names of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons
PITTCO ASSOCIATES II, L.P.
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
DELAWARE
---------------------------------------------------------------------
5. Sole Voting Power
Number of 708,227
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With 708,227
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
708,227
---------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
0.5%
---------------------------------------------------------------------
12. Type of Reporting Person
PN
---------------------------------------------------------------------
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CUSIP No. 053332-10-2 13G PAGE 4 OF 9 PAGES
--------------------- ----- -----
1. Names of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons
KKR PARTNERS II, L.P.
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
DELAWARE
---------------------------------------------------------------------
5. Sole Voting Power
Number of 132,050
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With 132,050
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
132,050
---------------------------------------------------------------------
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
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ITEM 1.
(a) NAME OF ISSUER:
AutoZone, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
123 Front Street
Memphis, Tennessee 38103
ITEM 2.
(a) NAME OF PERSONS FILING:
Pittco Associates, L.P.
Pittco Associates II, L.P.
KKR Partners II, L.P.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
c/o Kohlberg Kravis Roberts & Co.
9 West 57th Street
New York, New York 10019
(c) CITIZENSHIP:
Pittco Associates, L.P. -- Delaware
Pittco Associates II, L.P. -- Delaware
KKR Partners II, L.P. -- Delaware
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
(e) CUSIP NUMBER:
053332-10-2
ITEM 3. Not applicable
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED:
KKR Associates, L.P., a New York limited partnership,
is the sole general partner of Pittco Associates,
L.P., a Delaware limited partnership, Pittco
Associates II, L.P., a Delaware limited partnership,
and KKR Partners II, L.P., a Delaware limited
partnership, in which capacity it may be deemed to be
the beneficial owner of the shares of AutoZone, Inc.
common stock beneficially owned by Pittco Associates,
L.P., Pittco Associates II, L.P. and KKR Partners
Page 5 of 9 pages
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II, L.P. As of December 31, 1996, (i) Pittco
Associates, L.P. was the record owner of 9,387,317
shares of common stock of AutoZone, Inc.; (ii) Pittco
Associates II, L.P. was the record owner of 708,227
shares of common stock of AutoZone, Inc.; and (iii)
KKR Partners II, L.P. was the record owner of 132,050
shares of common stock of AutoZone, Inc. In addition
to the foregoing, as of December 31, 1996, KKR
Associates, L.P. was the record holder of 9,680,894
shares of common stock of AutoZone, Inc. Henry R.
Kravis, George R. Roberts, Paul E. Raether, Robert I.
MacDonnell, Michael W. Michelson, James H. Greene,
Jr., Michael T. Tokarz, Edward A. Gilhuly, Perry
Golkin, Clifton S. Robbins and Scott Stuart are the
general partners of KKR Associates, L.P., and Messrs.
Kravis and Roberts are also the members of the
Executive Committee of KKR Associates, L.P., and in
such capacity may be deemed to share beneficial
ownership of any shares of common stock of AutoZone,
Inc. that KKR Associates, L.P. may beneficially own or
be deemed to beneficially own, but disclaim any such
beneficial ownership.
(b) PERCENT OF CLASS:
See Item 11 of each cover page.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or direct the vote:
See Item 5 of each cover page.
(ii) Shared power to vote or to direct the vote:
See Item 6 of each cover page.
(iii) Sole power to dispose or to direct the disposition
of:
See Item 7 of each cover page.
(iv) Shared power to dispose or to direct the disposition
of:
See Item 8 of each cover page.
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
See Item 4 above.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
Page 6 of 9 pages
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Pittco Associates, L.P., Pittco Associates II, L.P. and KKR
Partners II, L.P. are Delaware limited partnerships, the sole
general partner of each of which is KKR Associates, L.P., a
New York limited partnership. As the sole general partner of
each of Pittco Associates, L.P., Pittco Associates II, L.P.
and KKR Partners II, L.P., KKR Associates, L.P. may be deemed
to be the beneficial owner of the securities held by such
limited partnerships. Pittco Associates, L.P., Pittco
Associates II, L.P. and KKR Partners II, L.P. may be deemed to
be a group in relation to their respective investments in
AutoZone, Inc. Pittco Associates, L.P., Pittco Associates II,
L.P. and KKR Partners II, L.P. do not affirm the existence of
a group.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
Page 7 of 9 pages
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SIGNATURES
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: February 13, 1997
PITTCO ASSOCIATES, L.P.
By: KKR ASSOCIATES, L.P.
Its: General Partner
By: /s/ Edward A. Gilhuly
-------------------------------
Name: Edward A. Gilhuly
Title: General Partner
PITTCO ASSOCIATES II, L.P.
By: KKR ASSOCIATES, L.P.
Its: General Partner
By: /s/ Edward A. Gilhuly
-------------------------------
Name: Edward A. Gilhuly
Title: General Partner
KKR PARTNERS II, L.P.
By: KKR ASSOCIATES, L.P.
Its: General Partner
By: /s/ Edward A. Gilhuly
-------------------------------
Name: Edward A. Gilhuly
Title: General Partner
Page 8 of 9 pages
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EXHIBITS
Exhibit 1 - Joint Filing Agreement (incorporated by reference to Exhibit 1
to the Statements on Schedule 13G of Pittco Associates, L.P.,
Pittco Associates II, L.P. and KKR Partners II, L.P. filed on
February 14, 1992).
Page 9 of 9 pages