UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 10)*
AutoNation, Inc.
------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 par share
------------------------------------------------------------------------------
(Title of Class of Securities)
05329W102
------------------------------------------------------------------------------
(CUSIP Number)
John G. Finley, Esq.
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, New York 10017
(212) 455-2000
------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 8, 2006
------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 18 Pages
CUSIP No. 05329W102 Page 2 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Partners, L.P., a Delaware limited partnership
IRS IDENTIFICATION NO.: 22-2875193
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
34,158,042
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
34,158,042
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
PN
________________________________________________________________________________
CUSIP No. 05329W102 Page 3 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Institutional Partners, L.P., a Delaware limited partnership
IRS IDENTIFICATION NO.: 06-1456821
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
231,107
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
231,107
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
PN
________________________________________________________________________________
CUSIP No. 05329W102 Page 4 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investors, L.L.C., a Delaware limited liability company
IRS IDENTIFICATION NO.: 13-4095958
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
11,494,559
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
11,494,559
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO
________________________________________________________________________________
CUSIP No. 05329W102 Page 5 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investments, Inc., a Delaware corporation
IRS IDENTIFICATION NO.:
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
51,972,218
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
51,972,218
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
CO
________________________________________________________________________________
CUSIP No. 05329W102 Page 6 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CBL Partners, L.P., a Delaware limited partnership
IRS IDENTIFICATION NO.: 06-1526810
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
5,954,408
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
5,954,408
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
PN
________________________________________________________________________________
CUSIP No. 05329W102 Page 7 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tynan, LLC, a Delaware limited liability company
IRS IDENTIFICATION NO.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
2,735
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
2,735
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO
________________________________________________________________________________
CUSIP No. 05329W102 Page 8 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investment Management, LLC, a Delaware limited liability company
IRS IDENTIFICATION NO.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
70,403
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
70,403
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO
________________________________________________________________________________
CUSIP No. 05329W102 Page 9 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RBS Partners, L.P., a Delaware limited partnership
IRS IDENTIFICATION NO.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
45,652,601
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
45,652,601
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
PN
________________________________________________________________________________
CUSIP No. 05329W102 Page 10 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RBS Investment Management, LLC, a Delaware limited liability company
IRS IDENTIFICATION NO.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
231,107
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
231,107
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
OO
________________________________________________________________________________
CUSIP No. 05329W102 Page 11 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edward S. Lampert
IRS IDENTIFICATION NO.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
52,172,621
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
52,172,621
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
________________________________________________________________________________
CUSIP No. 05329W102 Page 12 of 18
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William C. Crowley
IRS IDENTIFICATION NO.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
132,735
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
132,735
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,305,356
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
________________________________________________________________________________
Page 13 of 18
This Amendment No. 10 to Schedule 13D (this "Amendment") relates to
shares of common stock, par value $0.01 per share (the "Shares") of
AutoNation, Inc. (the "Issuer"). This Amendment No. 10 supplementally amends
the statement on Schedule 13D, as amended, filed by a group consisting of ESL
Partners, L.P., a Delaware limited partnership ("ESL"), ESL Institutional
Partners, L.P., a Delaware limited partnership ("Institutional"), ESL
Investors, L.L.C., a Delaware limited liability company ("Investors"), ESL
Investments, Inc. ("Investments"), CBL Partners, L.P., a Delaware limited
partnership ("CBL"), Tynan, LLC ("Tynan"), ESL Investment Management, LLC, a
Delaware limited liability company ("ESLIM"), RBS Partners, L.P. a Delaware
limited partnership ("RBS"), and RBS Investment Management, LLC, a Delaware
limited liability company ("RBSIM"), Edward S. Lampert and William C. Crowley,
both United States citizens, by furnishing the information set forth below.
ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, RBS, RBSIM, Mr.
Lampert and Mr. Crowley are collectively defined in this Amendment as the
"Filing Persons." Unless set forth below, all previous Items are unchanged.
Capitalized terms used herein which are not defined herein have the meanings
given to them in the Schedule 13D, as amended, previously filed with the
Securities and Exchange Commission. In Item 4 of Amendment No. 9 to Schedule
13D, filed on April 20, 2006, the Filing Persons disclosed their intention to
dispose of approximately 6.8 million additional Shares through sales and/or
distributions to their partners within the subsequent 12 months. Since that
time, the Filing Persons have sold 4,662,600 Shares. As a result of those
sales, the number of Shares the Filing Persons may be deemed to beneficially
own has decreased by an amount greater than one percent of the outstanding
Shares of the Issuer.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety to read as follows:
(a)-(b) The Filing Persons may be deemed to beneficially own an
aggregate of 52,305,356 Shares (approximately 24.3% of the outstanding Shares
based on the Issuer having 214,945,830 Shares outstanding on April 26, 2006,
as disclosed in the Issuer's last quarterly report on Form 10-Q).
NUMBER OF
SHARES PERCENTAGE OF SOLE SHARED
BENEFICIALLY OUTSTANDING SOLE VOTING SHARED DISPOSITIVE DISPOSITIVE
REPORTING PERSON OWNED SHARES POWER VOTING POWER POWER POWER
---------------- -------------- ------------- -------------- ------------ ----------- -----------
ESL Partners, 52,305,356(1) 24.3% 34,158,042 0 34,158,042 0
L.P.
ESL Institutional 52,305,356(1) 24.3% 231,107 0 231,107 0
Partners, L.P.
ESL Investors, 52,305,356(1) 24.3% 11,494,559 0 11,494,559 0
L.L.C.
ESL Investments, 52,305,356(1) 24.3% 51,972,218(2) 0 51,972,218(2) 0
Inc.
CBL Partners, 52,305,356(1) 24.3% 5,954,408 0 5,954,408 0
L.P.
Tynan, LLC 52,305,356(1) 24.3% 2,735 0 2,735 0
ESL Investment 52,305,356(1) 24.3% 70,403 0 70,403 0
Management, LLC
RBS Partners, 52,305,356(1) 24.3% 45,652,601(3) 0 45,652,601(3) 0
L.P.
RBS Investment 52,305,356(1) 24.3% 231,107(4) 0 231,107(4) 0
Management, LLC
Edward S. Lampert 52,305,356(1) 24.3% 52,172,621(5) 0 52,172,621(5) 0
William C. 52,305,356(1) 24.3% 132,735(6) 0 132,735(6) 0
Crowley
Page 14 of 18
(1) This number consists of 34,158,042 Shares held for the account of ESL,
231,107 Shares held for the account of Institutional, 11,494,559 Shares held
for the account of Investors, 134,102 Shares held for the account of
Investments, 5,954,408 Shares held for the account of CBL, 2,735 Shares held
for the account of Tynan, 70,403 Shares held for the account of ESLIM, 130,000
Shares issuable upon the exercise of director stock options held for the
account of Mr. Lampert and 130,000 Shares issuable upon the exercise of
director stock options held for the account of Mr. Crowley.
(2) This number consists of 34,158,042 Shares held for the account of ESL,
231,107 Shares held for the account of Institutional, 11,494,559 Shares held
for the account of Investors, 134,102 Shares held for the account of
Investments and 5,954,408 Shares held for the account of CBL.
(3) This number consists of 34,158,042 Shares held for the account of ESL and
11,494,559 Shares held for the account of Investors.
(4) This number consists of 231,107 Shares held for the account of
Institutional.
(5) This number consists of 34,158,042 Shares held for the account of ESL,
231,107 Shares held for the account of Institutional, 11,494,559 Shares held
for the account of Investors, 134,102 Shares held for the account of
Investments, 5,954,408 Shares held for the account of CBL, 70,403 Shares held
for the account of ESLIM and 130,000 Shares issuable upon the exercise of
director stock options held for the account of Mr. Lampert.
(6) This number consists of 2,735 Shares held for the account of Tynan and
130,000 Shares issuable upon the exercise of director stock options held for
the account of Mr. Crowley.
(c) Other than as set forth in Annex A hereto, there have been no
transactions in Shares by any of the Filing Persons during the past 60 days.
(d) Not applicable.
(e) Not applicable.
Page 15 of 18
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Dated: May 10, 2006
ESL PARTNERS, L.P.
By: RBS Partners, L.P., as its general partner
By: ESL Investments, Inc., as its general partner
By: /s/ Theodore W. Ullyot
-----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
ESL INSTITUTIONAL PARTNERS, L.P.
By: RBS Investment Management, L.L.C., as its
general partner
By: ESL Investments, Inc., as its manager
By: /s/ Theodore W. Ullyot
-----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
ESL INVESTORS, L.L.C.
By: RBS Partners, L.P., as its managing member
By: ESL Investments, Inc., as its general partner
By: /s/ Theodore W. Ullyot
-----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
ESL INVESTMENTS, INC.
By: /s/ Theodore W. Ullyot
-----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
PAGE 16 of 18
CBL PARTNERS, L.P.
By: ESL Investments, Inc., as its general partner
By: /s/ Theodore W. Ullyot
----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
TYNAN, LLC
By: /s/ William C. Crowley
----------------------------
Name: William C. Crowley
Title: Member
ESL INVESTMENT MANAGEMENT, LLC
By: /s/ Theodore W. Ullyot
----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
RBS PARTNERS, L.P.
By: ESL Investments, Inc., as its general partner
By: /s/ Theodore W. Ullyot
----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
RBS INVESTMENT MANAGEMENT, LLC
By: ESL Investments, Inc., as its manager
By: /s/ Theodore W. Ullyot
----------------------------
Name: Theodore W. Ullyot
Title: EVP & General Counsel
EDWARD S. LAMPERT
/s/ Edward S. Lampert
----------------------------------
Edward S. Lampert
WILLIAM C. CROWLEY
/s/ William C. Crowley
----------------------------------
William C. Crowley
Page 17 of 18
ANNEX A
RECENT TRANSACTIONS BY THE FILING PERSONS IN THE SECURITIES OF AUTONATION, INC.
Entity Date of Transaction Nature of Transaction Number of Shares of Price per Share
Common Stock
------ ------------------- --------------------- -------------------- ---------------
ESL Partners, L.P. 4/19/06 private sale to issuer 13,362,883 $23.00
in tender offer
ESL Institutional 4/19/06 private sale to issuer 90,411 $23.00
Partners, L.P. in tender offer
ESL Investors, L.L.C. 4/19/06 private sale to issuer 4,496,756 $23.00
in tender offer
CBL Partners, L.P. 4/19/06 private sale to issuer 2,329,409 $23.00
in tender offer
ESL Investment Management, 4/19/06 private sale to issuer 25,270 $23.00
LLC in tender offer
ESL Investments, Inc. 4/19/06 private sale to issuer 48,133 $23.00
in tender offer
Tynan, LLC 4/19/06 private sale to issuer 982 $23.00
in tender offer
ESL Partners, L.P. 5/1/06 open market sale 378,999 $22.50
Page 18 of 18
ESL Institutional 5/1/06 open market sale 2,564 $22.50
Partners, L.P.
ESL Investors, L.L.C. 5/1/06 open market sale 127,537 $22.50
ESL Partners, L.P. 5/4/06 open market sale 425,234 $22.65
ESL Institutional 5/4/06 open market sale 2,877 $22.65
Partners, L.P.
ESL Investors, L.L.C. 5/4/06 open market sale 143,096 $22.65
CBL Partners, L.P. 5/4/06 open market sale 140,193 $22.65
ESL Partners, L.P. 5/5/06 open market sale 197,681 $22.80
ESL Institutional 5/5/06 open market sale 1,337 $22.80
Partners, L.P.
ESL Investors, L.L.C. 5/5/06 open market sale 66,522 $22.80
CBL Partners, L.P. 5/5/06 open market sale 34,460 $22.80
ESL Partners, L.P. 5/8/06 open market sale 1,183,121 $22.77
ESL Institutional 5/8/06 open market sale 8,005 $22.77
Partners, L.P.
ESL Investors, L.L.C. 5/8/06 open market sale 398,133 $22.77
CBL Partners, L.P. 5/8/06 open market sale 206,241 $22.77
ESL Partners, L.P. 5/9/06 open market sale 530,510 $22.83
ESL Institutional 5/9/06 open market sale 3,590 $22.83
Partners, L.P.
ESL Investors, L.L.C. 5/9/06 open market sale 178,522 $22.83
CBL Partners, L.P. 5/9/06 open market sale 92,478 $22.83
ESL Partners, L.P. 5/10/06 open market sale 356,814 $22.82
ESL Institutional 5/10/06 open market sale 2,414 $22.82
Partners, L.P.
ESL Investors, L.L.C. 5/10/06 open market sale 120,072 $22.82
CBL Partners, L.P. 5/10/06 open market sale 62,200 $22.82