<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )
SMITH'S FOOD & DRUG CENTERS, INC.
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(Name of Issuer)
Class B Common Stock, $0.01 par value
------------------------------------------------
(Title of Class of Securities)
83238810
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(CUSIP Number)
Mr. James T. Byrne, Jr.
Office of the Secretary
Bankers Trust New York Corporation
280 Park Avenue, New York, NY 10017
Tel. (212) 250-1869
---------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 2 , 1996*
---------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G 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 [ ].
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required if the reporting 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.)
*See Item 5.
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
CUSIP NO. 83238810
- ---------------------------------------------------------------------------------------------
<S> <C>
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BT Holdings (New York), Inc.
EIN No. 13-3553005
- ---------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ---------------------------------------------------------------------------------------------
3. SEC USE ONLY
- ---------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ X ]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 95,000
BENEFICIALLY _____________________________________________________________________
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
_____________________________________________________________________
9. SOLE DISPOSITIVE POWER
95,000
_____________________________________________________________________
10. SHARED DISPOSITIVE POWER
0
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
95,000
- ---------------------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.89%
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14. TYPE OF REPORTING PERSON
CO
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</TABLE>
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
CUSIP NO. 83238810
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<S> <C>
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bankers Trust International plc
- ---------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ---------------------------------------------------------------------------------------------
3. SEC USE ONLY
- ---------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 0
BENEFICIALLY _______________________________________________________________________
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
_______________________________________________________________________
9. SOLE DISPOSITIVE POWER
0
_______________________________________________________________________
10. SHARED DISPOSITIVE POWER
0
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ---------------------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
N/A
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14. TYPE OF REPORTING PERSON
CO
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</TABLE>
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
CUSIP NO. 83238810
- ---------------------------------------------------------------------------------------------
<S> <C>
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BT Securities Corporation
EIN No. 13-3311934
- ---------------------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ---------------------------------------------------------------------------------------------
3. SEC USE ONLY
- ---------------------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- ---------------------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ X ]
- ---------------------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------------------------------------------------------------------
NUMBERS OF 7. SOLE VOTING POWER
SHARES 7,529
BENEFICIALLY _______________________________________________________________________
OWNED BY EACH
REPORTING 8. SHARED VOTING POWER
PERSON WITH 0
_______________________________________________________________________
9. SOLE DISPOSITIVE POWER
7,529
_______________________________________________________________________
10. SHARED DISPOSITIVE POWER
0
- ---------------------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,529
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- ---------------------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.07%
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14. TYPE OF REPORTING PERSON
BD
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</TABLE>
<PAGE>
SCHEDULE 13D
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
CUSIP NO. 83238810
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<S> <C>
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bankers Trust New York Corporation EIN No. 13-6180473
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [ X ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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NUMBERS OF 7. SOLE VOTING POWER
SHARES 427,669/*/
BENEFICIALLY ___________________________________________
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING ___________________________________________
PERSON WITH 9. SOLE DISPOSITIVE POWER
0*
___________________________________________
10. SHARED DISPOSITIVE POWER
427,669*
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
427,669*
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.03*
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14. TYPE OF REPORTING PERSON
CO
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</TABLE>
- ------------------------------
/*/Bankers Trust International plc is an indirect wholly-owned subsidiary
of Bankers Trust New York Corporation. BT Holdings (New York), Inc. and BT
Securities Corporation are direct wholly-owned subsidiaries of Bankers
Trust New York Corporation. As a result, in addition to the shares of Class
B Common Stock beneficially owned directly by Bankers Trust New York
Corporation, Bankers Trust New York Corporation also may be deemed to be
the indirect beneficial owner of the shares of Class B Common Stock
beneficially owned by BT Holdings (New York), Inc., BT Securities
Corporation and Bankers Trust International plc.
<PAGE>
SMITH'S FOOD & DRUG CENTERS, INC.
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 1 amends a statement on Schedule 13D (the
"Original 13D") relating to the Class B Common Stock, par value $.01 per
-------------
share ("Class B Common Stock"), of Smith's Food & Drug Centers, Inc., a
--------------------
Delaware corporation (the "Issuer"), filed with the Securities Exchange
------
Commission on September 27, 1996 by the filing persons described under Item
2. The principal executive offices of the Issuer are located at 1550 South
Redwood Road, Salt Lake City, Utah 84104.
This Amendment No. 1 to the Original 13D relates to the disposition
by BT Holdings, Inc. of shares of Class B Common Stock as a result of which
the persons described under Item 2 in the Original 13D now hold less than
five percent (5%) of the outstanding shares of Class B Common Stock and are
no longer subject to the reporting requirements of Rule 13d.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2(a) through (c); Item 2(f).
--------------------------------
No change.
Items 2(d) and (e).
------------------
No change.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On the date of the Original 13D, BT Holdings (New York), Inc.
("BTH") held an aggregate of 300,000 shares of Class B Common Stock (rather
---
than the 235,200 shares reported in the Original 13D) as principal, using its
working capital to acquire such shares of Class B Common Stock.
Except as set forth herein, no other change is made to Item 3.
ITEM 4. PURPOSE OF TRANSACTION.
On the date of the filing of the Original 13D, Bankers Trust
International plc did not own any shares of Class B Common Stock.
In accordance with their statement in the Original 13D, the
Purchasers evaluated their investments and determined to dispose of shares of
Class B Common Stock.
Except as set forth herein, no other change is made to Item 4.
<PAGE>
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) BTH beneficially owns 95,000 shares of Class B Common Stock as
principal, constituting .89% of the issued and outstanding shares of Class B
Common Stock of the Issuer. On the date of the filing of the original 13D and
since such date, BTI did not and has not held any shares of Class B
Common Stock of the Issuer, although it was reported in the Original 13D that
BTI held one share on the date of such filing. The Purchasers beneficially
own an aggregate of 530,198 shares or 4.99% of the outstanding shares of
Class B Common Stock.
Except as set forth herein, no change is made to Item 5(a).
(b) No change.
(c) Annex D hereto sets forth all transactions in shares of Class B
Common Stock that were effected during the past sixty days by the persons
referred to in paragraph (a). All such transactions were effected in the
open market.
(d) No change.
(e) On October 2, 1996, BTH sold 205,000 shares of Class B Common
Stock and the Purchasers ceased to be the beneficial owners of more than 5%
of the Class B Common Stock.
Except as set forth herein, no other change is made to Item 5.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
No change.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
7.01. Joint filing statement pursuant to Rule 13d-1(f)(1).
<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: October 4, 1996
Signature: BANKERS TRUST NEW YORK CORPORATION
By: s/ James T. Byrne, Jr.
----------------------------------------
Name: James T. Byrne, Jr.
Title: Senior Vice President
<PAGE>
ANNEX D
Except as set forth below, none of BTH, BTNY, BTI or BT Securities
had any transactions in shares of Common Stock within the last 60 days. BTH
had the following transactions in shares of Common Stock during the sixty
days prior to the filing of this Schedule 13D. All of such transactions were
made in the open market and for cash.
<TABLE>
<CAPTION>
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Trade Date Transaction Quantity Price
- ------------ ----------- -------- -----
- -----------------------------------------------------------------
<S> <C> <C> <C>
17-Sep-96 Purchase 21,500 27.00
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18-Sep-96 Purchase 13,500 26.75
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19-Sep-96 Purchase 8,600 27.00
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20-Sep-96 Purchase 56,200 26.55
- -----------------------------------------------------------------
2 -Oct-96 Sale 205,000 27.00
- -----------------------------------------------------------------
</TABLE>
<PAGE>
EXHIBIT 7.01
JOINT FILING STATEMENT
Pursuant to Rule 13d-1(f)(1), each of the undersigned hereby consents to the
joint filing of Amendment No. 1 to the statement on Schedule 13D with
respect to shares of Class B Common Stock, $0.01 par value, of Smith's Food &
Drug Centers, Inc., on behalf of each of them.
Date: October 4, 1996
Signature: BANKERS TRUST NEW YORK CORPORATION
By: s/ James T. Byrne, Jr.
-----------------------------------------
Name: James T. Byrne, Jr.
Title: Senior Vice President
Signature: BT HOLDINGS (NEW YORK), INC.
By: s/ Mannuel J. Schnaidman
---------------------------------
Name: Mannuel J. Schnaidman
Title: Vice President
Signature: BANKERS TRUST COMPANY
By: s/ James T. Byrne, Jr.
--------------------------------------
Name: James T. Byrne, Jr.
Title: Senior Vice President
Signature: BANKERS TRUST INTERNATIONAL PLC
By: s/ James T. Byrne Jr.
---------------------------------------
Name: James T. Byrne, Jr.
Title: Attorney-in-fact
Signature: BT SECURITIES CORPORATION
By: s/ Thomas Quane
---------------------------------------------
Name: Thomas Quane
Title: Controller
