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) Rhodes, William C., III 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 October 1999 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Senior Vice President 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 - - ------------------------------------------------------------------------------------------------------------------------------------ 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 - - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 10/25/1999 P 6,700 A $26.00 7,756 D Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) - - ------------------------------------------------------------------------------------------------------------------------------------ 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 - - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $25.5625 10/18/1999 A 37,000 (2) 10/19/2009 (right to buy) (1) Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) - - ------------------------------------------------------------------------------------------------------------------------------------ 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 - - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option 10/18/99 Common Stock 37,000.0 37,000.0 D (right to buy)Explanation of Responses: (1) Options granted in accordance with the AutoZone, Inc. Second Amended and Restated 1996 Stock Option Plan. (2) Options exercisable in one-third increments on October 18, 2002, 2003, and 2004, respectively. SIGNATURE OF REPORTING PERSON /S/ WILLIAM C. RHODES, III DATE November 5, 1999