UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Hanemann, Thomas S.
123 South Front Street
Memphis, TN 38103
2. Issuer Name and Ticker or Trading Symbol
AutoZone, Inc. (AZO)
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
January 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
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Common Stock 01/15/97 S 65,100 D $20.7500 D
Common Stock 01/15/97 M 200,000 A $0.7925 142,741 D
Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
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Non-Qualified Stock Option $29.0000 11/06/96 J (2) V 100,000 (3) 05/01/04
(right to buy)(1)
Non-Qualified Stock Option $0.7925 01/15/97 M 200,000 01/16/92 01/17/97
(right to buy)(1)
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
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Non-Qualified Stock Option 01/15/97 Common Stock 200,000 0 D
(right to buy)(1)
Explanation of Responses:
(1)
Non-qualified Stock Option granted in accordance with the AutoZone, Inc., Amended and Restated Stock Option Plan.
(2)
Remaining stock options vest and are exercisable in two equal installments on April 30, 1998 and 1999, respectively.
SIGNATURE OF REPORTING PERSON
/S/ HARRY L. GOLDSMITH
as Attorney-in-Fact for Thomas S. Hanemann
DATE 2/10/97
POWER OF ATTORNEY
The undersigned hereby authorizes and designates Harry L. Goldsmith
as his true and lawful agent and attorney-in-fact to sign on his behalf
any and all statements of Form 3, Form 4, and Form 5 under Section 16
of the Securities Exchange Act of 1934, as amended, and the rules
promulgated thereunder, with respect to shares of Common Stock, or
other equity securities, of AutoZone, Inc. held by the undersigned
or with respect to transactions in such shares or other equity securities
by the undersigned, and to file on his behalf, any and all such reports
with the Securites and Exchange Commission, the New York Stock Exchange
and AutoZone, Inc.,a nd hereby ratifies any such action by such agent or
attorney-in-fact. This power of attorney shall become effective for so
long as the undersigned shall be an officer or director of AutoZone, Inc.,
unless sooner revoked by the undersigned in writing.
Thomas S. Hanemann
/s/ Thomas S. Hanemann
-------------------------
Dated: April 1, 1994
