SC 13D/A 1 azoschedule13d_aamendmentno1.htm azoschedule13d_aamendmentno1.htm - Generated by SEC Publisher for SEC Filing

                                                                                                                                                             

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

SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 43)*

AutoZone, Inc.

                                                                                                                                                 

(Name of Issuer)

 

Common Stock, par value $0.01 per share

                                                                                                                                                 

(Title of Class of Securities)

 

053332102

                                                                                                                                                 

(CUSIP Number)

 

David A. Katz

Wachtell, Lipton, Rosen & Katz

51 West 52nd Street

New York, New York 10019

(212) 403-1000

                                                                                                                                                 

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

 

November 2, 2011

                                                                                                                                                 

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨ 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 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 disclosures provided in a prior cover page.

The information required on 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 17 Pages

                                                                                                                                                      


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

ESL Partners, L.P.

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

4,189,013

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

4,189,013

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
PN

             

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

ESL Institutional Partners, L.P.

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

998

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

998

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
PN

             

                                                                                                                                                             


 
 

CUSIP No. 053332102

1

NAME OF REPORTING PERSON

ESL Investors, L.L.C.

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

1,384,594

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

1,384,594

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
OO

           

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

Acres Partners, L.P.

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

2,000,000

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

2,000,000

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
PN

             

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON


RBS Investment Management, L.L.C.

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

998

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

998

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
OO

             

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

Tynan, LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

13,565

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

13,565

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
OO

             

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

RBS Partners, L.P.

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

5,573,607

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

5,573,607

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
PN

             

                                                                                                                                                             


 
 

CUSIP No. 053332102

1

NAME OF REPORTING PERSON

ESL Investments, Inc.

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

7

SOLE VOTING POWER

7,574,605

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

7,574,605

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
CO

             

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

Edward S. Lampert

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
United States

 

7

SOLE VOTING POWER

9,899,457

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

8,278,246

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
IN

             

                                                                                                                                                             


 
CUSIP No. 053332102

1

NAME OF REPORTING PERSON

William C. Crowley

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) X
(b) _

3

SEC USE ONLY

4

SOURCE OF FUNDS
                        N/A

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) £ 

6

CITIZENSHIP OR PLACE OF ORGANIZATION
United States

 

7

SOLE VOTING POWER

28,618

 

NUMBER OF SHARES BENEFICIALLY

8

SHARED VOTING POWER

0

OWNED BY EACH REPORTING PERSON WITH

9

SOLE DISPOSITIVE POWER

20,781

 

10

SHARED DISPOSITIVE POWER

0

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,928,075

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £ 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

24.9%

14

 

TYPE OF REPORTING PERSON
IN

             

                                                                                                                                                             


 
                

               This Amendment No. 43 to Schedule 13D (this “Amendment”) relates to shares of common stock, par value $0.01 per share (the "Shares"), of AutoZone, Inc., a Delaware corporation (the "Issuer").  This Amendment No. 43 amends the Schedule 13D, as previously amended, filed with the Securities and Exchange Commission by ESL Partners, L.P., a Delaware limited partnership (“Partners”), ESL Institutional Partners, L.P., a Delaware limited partnership (“Institutional”), ESL Investors, L.L.C., a Delaware limited liability company (“Investors”), Acres Partners, L.P., a Delaware limited partnership (“Acres”), RBS Investment Management, L.L.C., a Delaware limited liability company (“RBSIM”), Tynan, LLC, a Delaware limited liability company (“Tynan”), RBS Partners, L.P., a Delaware limited partnership (“RBS”), ESL Investments, Inc., a Delaware corporation (“Investments”), Edward S. Lampert and William C. Crowley, both United States citizens, by furnishing the information set forth below.  Partners, Institutional, Investors, Acres, RBSIM, Tynan, RBS, Investments, Mr. Lampert and Mr. Crowley are collectively defined as the “Filing Persons.”  Except as otherwise specified in this Amendment, all previous Items are unchanged.  Capitalized terms used herein which are not defined herein have the meanings given to them in the Schedule 13D, as previously amended, filed with the Securities and Exchange Commission. 

 

               The Filing Persons are filing this Amendment No. 43 to report recent open-market sales of Shares that have decreased the amount of Shares that the Filing Persons may be deemed to beneficially own by an amount greater than one percent of the outstanding Shares of the Issuer. 

 

Item 5.  Interest in Securities of the Issuer

Item 5 is hereby amended and restated in its entirety as follows:

(a)-(b) As of November 3, 2011, the Filing Persons may be deemed to beneficially own an aggregate of 9,928,075 Shares (which represents approximately 24.9% of the 39,888,099 Shares outstanding as of October 17, 2011, as disclosed in the Issuer’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on October 24, 2011).  

REPORTING PERSON

NUMBER OF SHARES BENEFICIALLY OWNED

Percentage of Outstanding Shares

SOLE VOTING POWER

SHARED VOTING POWER

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

 

ESL Partners, L.P.

 

 

9,928,075 (1)

 

 

24.9%

4,189,013

0

4,189,013

 

0

ESL Institutional Partners, L.P.

 

 

9,928,075 (1)

 

 

24.9%

998

 

0

998

 

0

ESL Investors, L.L.C.

 

 

9,928,075 (1)

 

 

24.9%

1,384,594

0

1,384,594

0

Acres Partners, L.P.

 

 

9,928,075 (1)

 

24.9%

2,000,000

0

2,000,000

0

 

RBS Investment Management, L.L.C.

 

 

9,928,075 (1)

 

 

24.9%

998 (2)

0

998 (2)

0

Tynan, LLC

 

9,928,075 (1)

 

24.9%

13,565

0

13,565

0

 

RBS Partners, L.P.

 

 

9,928,075 (1)

 

24.9%

 

5,573,607 (4)

 

0

 

5,573,607 (4)

 

0

ESL Investments, Inc.

 

 

9,928,075 (1)

 

 

24.9%

 

7,574,605 (5)

 

0

 

7,574,605 (5)

 

0

Edward S. Lampert

 

 

9,928,075 (1)

 

24.9%

9,899,457 (6)

0

8,278,246 (3)

0

William C. Crowley

 

9,928,075 (1)

 

24.9%

28,618 (7)

0

20,781 (3)

0

                                                                                                                                                             


 
           

(1)        This number consists of 4,189,013 Shares held by Partners, 998 Shares held by Institutional, 1,384,594 Shares held in an account established by the investment member of Investors, 2,000,000 Shares held by Acres, 13,565 Shares held by Tynan, 15,053 Shares held by Mr. Crowley, 2,275,322 Shares held by Mr. Lampert and 49,530 Shares held by The Lampert Foundation (formerly known as “The Edward and Kinga Lampert Foundation”), of which Mr. Lampert is a trustee.

(2)        This number consists of 998 Shares held by Institutional.

(3)        This number excludes Shares subject to the Lock-Up Agreement described herein.

(4)        This number consists of 4,189,013 Shares held by Partners and 1,384,594 Shares held in an account established by the investment member of Investors.

(5)        This number consists of 4,189,013 Shares held by Partners, 998 Shares held by Institutional, 1,384,594 Shares held in an account established by the investment member of Investors and 2,000,000 Shares held by Acres.

(6)        This number consists of 4,189,013 Shares held by Partners, 998 Shares held by Institutional, 1,384,594 Shares held in an account established by the investment member of Investors, 2,000,000 Shares held by Acres, 2,275,322 Shares held by Mr. Lampert and 49,530 Shares held by The Lampert Foundation (formerly known as “The Edward and Kinga Lampert Foundation”), of which Mr. Lampert is a trustee.

(7)        This number consists of 13,565 Shares held by Tynan and 15,053 Shares held by Mr. Crowley.

In addition, Mr. Crowley directly owns options, which are not exercisable in the next 60 days, to purchase 3,000 Shares.

            (c)        Other than as set forth in Annex A hereto, there have been no transactions in Shares by any of the Filing Persons since October 26, 2011, the record date of the last Amendment on Schedule 13D by the Filing Persons.

(d)        Not applicable.

(e)        Not applicable.                                                                                                                                                             


 
                                                                                      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.

Dated:  November 3, 2011

ESL PARTNERS, L.P.

 

By:  RBS Partners, L.P., as its general partner

 

By:  ESL Investments, Inc., as its general partner

 

By:  /s/ Adrian J. Maizey                                     

        Name:  Adrian J. Maizey
Title: Chief Financial Officer

 

 

ESL INSTITUTIONAL PARTNERS, L.P.

 

By:  RBS Investment Management, L.L.C., as its general partner

 

By:  ESL Investments, Inc., as its manager

 

By:  /s/ Adrian J. Maizey                                     

        Name:  Adrian J. Maizey
Title:  Chief Financial Officer

 

 

ESL INVESTORS, L.L.C.

 

By:  RBS Partners, L.P., as its managing member

 

By:  ESL Investments, Inc., as its general partner

 

By:  /s/ Adrian J. Maizey                                     

        Name:  Adrian J. Maizey
Title:  Chief Financial Officer

 

 

ACRES PARTNERS, L.P.

 

By:  ESL Investments, Inc., as its general partner

 

By:  /s/ Adrian J. Maizey                                     

        Name:  Adrian J. Maizey
Title:  Chief Financial Officer

                                                                                                                                                             


 
 

RBS INVESTMENT MANAGEMENT, L.L.C.

 

By:  ESL Investments, Inc., as its manager

 

By:  /s/ Adrian J. Maizey                                     

        Name:  Adrian J. Maizey
Title:  Chief Financial Officer

 

 

TYNAN, LLC

By:       /s/ William C. Crowley                                       
Name:  William C. Crowley
Title:  Manager

 

RBS PARTNERS, L.P.

 

By:  ESL Investments, Inc., as its general partner

 

By:  /s/ Adrian J. Maizey                                     

        Name:  Adrian J. Maizey
Title:  Chief Financial Officer

 

 

ESL INVESTMENTS, INC.

 

By:  /s/ Adrian J. Maizey        

        Name:  Adrian J. Maizey
Title:  Chief Financial Officer

 

 

EDWARD S. LAMPERT

 

 

/s/ Edward S. Lampert                     

 

WILLIAM C. CROWLEY

 

 

/s/ William C. Crowley                   

 

                                                                                                                                                             


 

 

ANNEX A

Recent Transactions by the Filing Persons in the Securities of AutoZONE, Inc.

Entity

Date of Transaction

Nature of Transaction

Number of Shares of Common Stock

Weighted Average Price per Share ($)

ESL Partners, L.P.

10/27/2011

Open Market Sales

35,425

$330.52

ESL Partners, L.P.

10/27/2011

Open Market Sales

58,703

$331.16

ESL Partners, L.P.

10/27/2011

Open Market Sales

6,136

$332.48

ESL Partners, L.P.

10/27/2011

Open Market Sales

154

$333.00

ESL Partners, L.P.

10/28/2011

Open Market Sales

9,453

$328.38

ESL Partners, L.P.

10/28/2011

Open Market Sales

1,909

$330.93

ESL Partners, L.P.

10/28/2011

Open Market Sales

380

$331.26

ESL Partners, L.P.

10/31/2011

Open Market Sales

17,979

$326.67

ESL Partners, L.P.

10/31/2011

Open Market Sales

33,972

$327.45

ESL Partners, L.P.

10/31/2011

Open Market Sales

462

$328.38

ESL Partners, L.P.

11/1/2011

Open Market Sales

28,144

$326.99

ESL Partners, L.P.

11/1/2011

Open Market Sales

2,672

$327.74

ESL Partners, L.P.

11/2/2011

Open Market Sales

45,520

$325.15

ESL Partners, L.P.

11/2/2011

Open Market Sales

2,215

$326.09

ESL Partners, L.P.

11/3/2011

Open Market Sales

41,994

$325.14

ESL Partners, L.P.

11/3/2011

Open Market Sales

784

$326.09

ESL Investors, L.L.C.

10/27/2011

Open Market Sales

12,754

$330.52

ESL Investors, L.L.C.

10/27/2011

Open Market Sales

21,133

$331.16

ESL Investors, L.L.C.

10/27/2011

Open Market Sales

2,209

$332.48

ESL Investors, L.L.C.

10/27/2011

Open Market Sales

56

$333.00

ESL Investors, L.L.C.

10/28/2011

Open Market Sales

8,014

$328.38

ESL Investors, L.L.C.

10/28/2011

Open Market Sales

1,618

$330.93

ESL Investors, L.L.C.

10/28/2011

Open Market Sales

323

$331.26

ESL Investors, L.L.C.

10/31/2011

Open Market Sales

4,420

$326.67

ESL Investors, L.L.C.

10/31/2011

Open Market Sales

8,352

$327.45

ESL Investors, L.L.C.

10/31/2011

Open Market Sales

114

$328.38

ESL Investors, L.L.C.

11/1/2011

Open Market Sales

8,559

$326.99

ESL Investors, L.L.C.

11/1/2011

Open Market Sales

813

$327.74

ESL Investors, L.L.C.

11/2/2011

Open Market Sales

14,308

$325.15

ESL Investors, L.L.C.

11/2/2011

Open Market Sales

697

$326.09

ESL Investors, L.L.C.

11/3/2011

Open Market Sales

15,508

$325.14

ESL Investors, L.L.C.

11/3/2011

Open Market Sales

289

$326.09

ESL Institutional Partners, L.P.

10/27/2011

Open Market Sales

8

$330.52

ESL Institutional Partners, L.P.

10/27/2011

Open Market Sales

15

$331.16

ESL Institutional Partners, L.P.

10/27/2011

Open Market Sales

2

$332.48

ESL Institutional Partners, L.P.

10/28/2011

Open Market Sales

3

$328.38

ESL Institutional Partners, L.P.

10/28/2011

Open Market Sales

1

$330.93

ESL Institutional Partners, L.P.

10/31/2011

Open Market Sales

4

$326.67

ESL Institutional Partners, L.P.

10/31/2011

Open Market Sales

7

$327.45

ESL Institutional Partners, L.P.

11/1/2011

Open Market Sales

6

$326.99

ESL Institutional Partners, L.P.

11/1/2011

Open Market Sales

1

$327.74

ESL Institutional Partners, L.P.

11/2/2011

Open Market Sales

10

$325.15

ESL Institutional Partners, L.P.

11/2/2011

Open Market Sales

1

$326.09

ESL Institutional Partners, L.P.

11/3/2011

Open Market Sales

11

$325.14

Edward S. Lampert

10/27/2011

Open Market Sales

20,206

$330.52

Edward S. Lampert

10/27/2011

Open Market Sales

33,483

$331.16

Edward S. Lampert

10/27/2011

Open Market Sales

3,499

$332.48

Edward S. Lampert

10/27/2011

Open Market Sales

88

$333.00

Edward S. Lampert

10/28/2011

Open Market Sales

9,106

$328.38

Edward S. Lampert

10/28/2011

Open Market Sales

1,839

$330.93

Edward S. Lampert

10/28/2011

Open Market Sales

366

$331.26

Edward S. Lampert

10/31/2011

Open Market Sales

8,598

$326.67

Edward S. Lampert

10/31/2011

Open Market Sales

16,246

$327.45

Edward S. Lampert

10/31/2011

Open Market Sales

221

$328.38

Edward S. Lampert

10/31/2011

Bona Fide Gift to the Lampert Foundation

15,335

N/A

Edward S. Lampert

11/1/2011

Open Market Sales

14,386

$326.99

Edward S. Lampert

11/1/2011

Open Market Sales

1,366

$327.74

Edward S. Lampert

11/2/2011

Open Market Sales

23,891

$325.15

Edward S. Lampert

11/2/2011

Open Market Sales

1,163

$326.09

Edward S. Lampert

11/3/2011

Open Market Sales

24,088

$325.14

Edward S. Lampert

11/3/2011

Open Market Sales

449

$326.09

The Lampert Foundation

10/27/2011

Open Market Sales

301

$330.52

The Lampert Foundation

10/27/2011

Open Market Sales

499

$331.16

The Lampert Foundation

10/27/2011

Open Market Sales

52

$332.48

The Lampert Foundation

10/27/2011

Open Market Sales

1

$333.00

The Lampert Foundation

10/28/2011

Open Market Sales

117

$328.38

The Lampert Foundation

10/28/2011

Open Market Sales

23

$330.93

The Lampert Foundation

10/28/2011

Open Market Sales

5

$331.26

The Lampert Foundation

10/31/2011

Open Market Sales

137

$326.67

The Lampert Foundation

10/31/2011

Open Market Sales

257

$327.45

The Lampert Foundation

10/31/2011

Open Market Sales

4

$328.38

The Lampert Foundation

10/31/2011

Bona Fide Gift from Edward S. Lampert

15,335

N/A

The Lampert Foundation

11/1/2011

Open Market Sales

322

$326.99

The Lampert Foundation

11/1/2011

Open Market Sales

31

$327.74

The Lampert Foundation

11/2/2011

Open Market Sales

529

$325.15

The Lampert Foundation

11/2/2011

Open Market Sales

26

$326.09

The Lampert Foundation

11/3/2011

Open Market Sales

514

$325.14

The Lampert Foundation

11/3/2011

Open Market Sales

10

$326.09

Tynan, LLC1

10/27/2011

Open Market Sales

118

$330.52

Tynan, LLC1

10/27/2011

Open Market Sales

195

$331.16

Tynan, LLC1

10/27/2011

Open Market Sales

20

$332.48

Tynan, LLC1

10/27/2011

Open Market Sales

1

$333.00

Tynan, LLC1

10/28/2011

Open Market Sales

46

$328.38

Tynan, LLC1

10/28/2011

Open Market Sales

9

$330.93

Tynan, LLC1

10/28/2011

Open Market Sales

2

$331.26

Tynan, LLC1

10/31/2011

Open Market Sales

54

$326.67

Tynan, LLC1

10/31/2011

Open Market Sales

101

$327.45

Tynan, LLC1

10/31/2011

Open Market Sales

1

$328.38

Tynan, LLC1

11/1/2011

Open Market Sales

89

$326.99

Tynan, LLC1

11/1/2011

Open Market Sales

8

$327.74

Tynan, LLC1

11/2/2011

Open Market Sales

145

$325.15

Tynan, LLC1

11/2/2011

Open Market Sales

7

$326.09

Tynan, LLC1

11/3/2011

Open Market Sales

141

$325.14

Tynan, LLC1

11/3/2011

Open Market Sales

3

$326.09

William C. Crowley

10/27/2011

Open Market Sales

65

$330.52

William C. Crowley

10/27/2011

Open Market Sales

107

$331.16

William C. Crowley

10/27/2011

Open Market Sales

11

$332.48

William C. Crowley

10/28/2011

Open Market Sales

6

$328.38

William C. Crowley

10/28/2011

Open Market Sales

1

$330.93

William C. Crowley

10/28/2011

Open Market Sales

1

$331.26

William C. Crowley

10/31/2011

Open Market Sales

37

$326.67

William C. Crowley

10/31/2011

Open Market Sales

71

$327.45

William C. Crowley

10/31/2011

Open Market Sales

1

$328.38

William C. Crowley

11/1/2011

Open Market Sales

57

$326.99

William C. Crowley

11/1/2011

Open Market Sales

5

$327.74

William C. Crowley

11/2/2011

Open Market Sales

33

$325.15

William C. Crowley

11/2/2011

Open Market Sales

2

$326.09

William C. Crowley2

11/2/2011

Open Market Sales

141

$325.15

William C. Crowley2

11/2/2011

Open Market Sales

7

$326.09

William C. Crowley2

11/3/2011

Open Market Sales

73

$325.14

William C. Crowley2

11/3/2011

Open Market Sales

1

$326.09


 1 William C. Crowley is the sole manager of and a member of Tynan, LLC.

 2 These Shares are held in a grantor retained annuity trust, of which William C. Crowley is the trustee.