Albert Saltiel - 02 Jul 2021 Form 4 Insider Report for AUTOZONE INC (AZO)

Role: Sr. Vice President
Signature: /s/Kristen C. Wright, as attorney-in-fact
Issuer symbol: AZO
Transactions as of: 02 Jul 2021
Net transactions value: -$3,332,570
Form type: 4
Filing time: 06 Jul 2021, 16:35:55 UTC
Next filing: 06 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZO	Common Stock	Options Exercise	$1,624,928	+3,200	+1631%	$507.79^*	3,396	02 Jul 2021	Direct
transaction	AZO	Common Stock	Sale	$156,597	-101	-3%	$1550.47	3,295	02 Jul 2021	Direct	F1
transaction	AZO	Common Stock	Sale	$596,280	-385	-12%	$1548.78	2,910	02 Jul 2021	Direct	F2
transaction	AZO	Common Stock	Sale	$891,533	-576	-20%	$1547.80	2,334	02 Jul 2021	Direct	F3
transaction	AZO	Common Stock	Sale	$3,313,088	-2,138	-92%	$1549.62	196	02 Jul 2021	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AZO	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-3,200	-100%	$0.000000^*	0	02 Jul 2021	Common Stock	3,200	$507.79	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $1,550.38-$1,550.75 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
F2	This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $1,548.31 - $1,549.25 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
F3	This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $1,547.20 - $1,548.15 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
F4	This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $1,549.33 - $1,550.23 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
F5	Options granted in accordance with the AutoZone, Inc. 2011 Equity Incentive Award Plan and exercisable in annual one-fourth increments beginning September 23, 2015.