-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001144204-05-007254.txt : 20050310
<SEC-HEADER>0001144204-05-007254.hdr.sgml : 20050310
<ACCEPTANCE-DATETIME>20050310201939
ACCESSION NUMBER:		0001144204-05-007254
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050308
FILED AS OF DATE:		20050310
DATE AS OF CHANGE:		20050310

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PANTRY INC
		CENTRAL INDEX KEY:			0000915862
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
		IRS NUMBER:				561574463
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1801 DOUGLAS DR
		STREET 2:		PO BOX 1410
		CITY:			SANFORD
		STATE:			NC
		ZIP:			27330
		BUSINESS PHONE:		9197746700

	MAIL ADDRESS:	
		STREET 1:		1801 DOUGLAS DR
		STREET 2:		PO BOX 1410
		CITY:			SANFORD
		STATE:			NC
		ZIP:			27330

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FS CAPITAL PARTNERS LLC
		CENTRAL INDEX KEY:			0001101229
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25813
		FILM NUMBER:		05673748

	BUSINESS ADDRESS:	
		STREET 1:		C/O FREEMAN SPOGLI & CO
		STREET 2:		11100 SANTA MONICA BLVD SUITE 1900
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025
		BUSINESS PHONE:		3104441822

	MAIL ADDRESS:	
		STREET 1:		C/O FREEMAN SPOGLI & CO
		STREET 2:		11100 SANTA MONICA BLVD SUITE 1900
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FS EQUITY PARTNERS IV LP
		CENTRAL INDEX KEY:			0001052506
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25813
		FILM NUMBER:		05673749

	BUSINESS ADDRESS:	
		STREET 1:		C/O FREEMAN SPOGLI & CO
		STREET 2:		11100 SANTA MONICA BLVD SUITE 1900
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025
		BUSINESS PHONE:		3104441822

	MAIL ADDRESS:	
		STREET 1:		C/O FREEMAN SPOGLI & CO
		STREET 2:		11100 SANTA MONICA BLVD SUITE 1900
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v014146_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-03-08</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000915862</issuerCik>
        <issuerName>PANTRY INC</issuerName>
        <issuerTradingSymbol>PTRY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001052506</rptOwnerCik>
            <rptOwnerName>FS EQUITY PARTNERS IV LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FREEMAN SPOGLI &amp; CO</rptOwnerStreet1>
            <rptOwnerStreet2>11100 SANTA MONICA BLVD SUITE 1900</rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001101229</rptOwnerCik>
            <rptOwnerName>FS CAPITAL PARTNERS LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FREEMAN SPOGLI &amp; CO</rptOwnerStreet1>
            <rptOwnerStreet2>11100 SANTA MONICA BLVD SUITE 1900</rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-03-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>690598</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>31.72</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>557093</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Form 4 is being filed by more than one reporting person. FS Equity Partners IV, L.P., a Delaware limited partnership
(the &quot;Partnership&quot;), is the record owner of the common stock listed above (the &quot;Common Stock&quot;). FS Capital Partners LLC, a
Delaware limited liability company (the &quot;General Partner&quot;), is the sole general partner of the Partnership. The General
Partner disclaims beneficial ownership of the Common Stock except to the extent of its pecuniary interest therein.</footnote>
        <footnote id="F2">On March 8, 2005 the Partnership entered into a purchase agreement with the Issuer and Merrill Lynch &amp; Co. (the
&quot;Underwriter&quot;) pursuant to which it agreed to sell 690,598 shares of Common Stock to the Underwriter. It is estimated that
the transaction will close on March 11, 2005.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ William M. Wardlaw, Vice President, on behalf of FS Capital Partners LLC , as the sole general partner of FS Equity Partners IV, L.P.</signatureName>
        <signatureDate>2005-03-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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