Preston Frazer - 31 Mar 2023 Form 4 Insider Report for AUTOZONE INC (AZO)

Role: Executive Vice President
Signature: /s/ Priya A. Galante, as attorney-in-fact
Issuer symbol: AZO
Transactions as of: 31 Mar 2023
Net transactions value: -$3,459,398
Form type: 4
Filing time: 04 Apr 2023, 16:16:44 UTC
Previous filing: 04 Jan 2023
Next filing: 03 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZO	Common Stock	Award	$27,040	+11	+1.2%	$2458.15	944	31 Mar 2023	Direct	F1
transaction	AZO	Common Stock	Award	$0	+2	+0.21%	$0.000000	946	31 Mar 2023	Direct	F1
transaction	AZO	Common Stock	Options Exercise	$878,477	+1,730	+183%	$507.79^*	2,676	03 Apr 2023	Direct
transaction	AZO	Common Stock	Sale	$955,963	-379	-14%	$2522.33	2,297	03 Apr 2023	Direct	F2
transaction	AZO	Common Stock	Sale	$3,408,951	-1,351	-59%	$2523.28	946	03 Apr 2023	Direct	F3
holding	AZO	Common Stock						20	31 Mar 2023	By Spouse
holding	AZO	Common Stock						875	31 Mar 2023	Family Trust

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	-1,730	-100%	$0.000000^*	0	03 Apr 2023	Common Stock	1,730	$507.79	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Acquired pursuant to AutoZone, Inc. Sixth Amended and Restated Executive Stock Purchase Plan.
F2	This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $2,521.72 - $2,522.71 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 $2,522.75- $2,523.63 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	Options granted in accordance with the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan and exercisable in annual one-fourth increments beginning September 23, 2015.