SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported) June 19, 1996
THE PANTRY, INC.
(Exact name of registrant as specified in its charter)
Delaware 33-72574 56-1574463
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification Number)
incorporation)
1801 Douglas Drive, Sanford, North Carolina 27330
(Address of principal executive offices)
(919) 774-6700
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
The Pantry, Inc. (the "Company") recently has been informed by Montrose
Value Fund Limited Partnership ("MVF") and Montrose Financial No. 6 Limited
Partnership (Pantry) ("MF#6") (together with MVF, the "Montrose Group"), owners
of 48.1% of the capital stock of the Company, that they were exploring the
possibility of exercising an option to purchase the remaining 51.9% of the stock
of the Company from FS Equity Partnership, III, L.P., and FS Equity
International, L.P. (the "FS Funds") and Chase Capital Partners ("Chase") in
connection with the possible sale of all the capital stock of the Company. The
option is effective May 1, 1996 through July 31, 1996.
The Montrose Group is controlled by W. Clay Hamner, Chairman of the
Company's Board of Directors, and Wayne M. Rogers, a member of the Company's
Board of Directors.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE PANTRY, INC.
Date: July 11, 1996 /s/ Mark C. King
Mark C. King
Senior Vice President
Chief Financial Officer and Secretary
