|
SECURITIES AND EXCHANGE COMMISSION
|
|
|
Washington, D.C. 20549
|
|
|
SCHEDULE 13G/A
|
|
|
(Rule 13d-102)
|
|
|
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
|
|
|
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
|
|
|
PURSUANT TO 13d-2(b)
|
|
|
(Amendment No. 1)*
|
|
|
Advance Auto Parts, Inc.
|
|
|
(Name of Issuer)
|
|
|
Common Stock (par value $0.0001 per share)
|
|
|
(Title of Class of Securities)
|
|
|
00751Y106
|
|
|
(CUSIP Number)
|
|
|
December 31, 2011
|
|
|
(Date of event which requires filing of this statement)
|
|
|
Check the appropriate box to designate the rule pursuant to which this Schedule 13G/A is filed:
|
|
|
¨
|
Rule 13d-1(b)
|
|
x
|
Rule 13d-1(c)
|
|
¨
|
Rule 13d-1(d)
|
|
(Page 1 of 9 Pages)
|
|
|
CUSIP No. 00751Y106
|
13G/A
|
Page 2 of 9 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Merchants’ Gate Capital LP
|
|||||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
|
(a) x
(b) ¨
|
||||
|
3
|
SEC USE ONLY
|
|||||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
-0-
|
||||
|
6
|
SHARED VOTING POWER
3,110,286
|
|||||
|
7
|
SOLE DISPOSITIVE POWER
-0-
|
|||||
|
8
|
SHARED DISPOSITIVE POWER
3,110,286
|
|||||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,286
|
|||||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
|
¨
|
||||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.29%
|
|||||
|
12
|
TYPE OF REPORTING PERSON**
PN, IA
|
|||||
|
CUSIP No. 00751Y106
|
13G/A
|
Page 3 of 9 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Merchants’ Gate Capital GP LLC
|
|||||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
|
(a) x
(b) ¨
|
||||
|
3
|
SEC USE ONLY
|
|||||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
-0-
|
||||
|
6
|
SHARED VOTING POWER
3,110,286
|
|||||
|
7
|
SOLE DISPOSITIVE POWER
-0-
|
|||||
|
8
|
SHARED DISPOSITIVE POWER
3,110,286
|
|||||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,286
|
|||||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
|
¨
|
||||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.29%
|
|||||
|
12
|
TYPE OF REPORTING PERSON**
OO
|
|||||
|
CUSIP No. 00751Y106
|
13G/A
|
Page 4 of 9 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mr. Jason Capello
|
|||||
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
|
(a) x
(b) ¨
|
||||
|
3
|
SEC USE ONLY
|
|||||
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
|
|||||
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
-0-
|
||||
|
6
|
SHARED VOTING POWER
3,110,286
|
|||||
|
7
|
SOLE DISPOSITIVE POWER
-0-
|
|||||
|
8
|
SHARED DISPOSITIVE POWER
3,110,286
|
|||||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,286
|
|||||
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
|
¨
|
||||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.29%
|
|||||
|
12
|
TYPE OF REPORTING PERSON**
IN
|
|||||
|
CUSIP No. 00751Y106
|
13G/A
|
Page 5 of 9 Pages
|
|
Item 1 (a).
|
NAME OF ISSUER:
|
|
The name of the issuer is Advance Auto Parts, Inc. (the "Company").
|
|
Item 1(b).
|
ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
|
|
The Company's principal executive office is located at 5008 Airport Road, Roanoke, Virginia 24012.
|
|
Item 2 (a).
|
NAME OF PERSON FILING:
|
|
This statement is filed by:
|
||
|
(i)
|
Merchants’ Gate Capital LP, a Delaware limited partnership (the "Investment Manager"), which serves as the investment manager to, and may be deemed to have beneficial ownership over the securities held by, Merchants’ Gate Offshore Limited Partnership, a Cayman Islands limited partnership (the "Offshore Master") and Merchants’ Gate Onshore Fund LP, a Delaware limited partnership (the “Onshore Fund”) with respect to the shares of Common Stock directly held by the Offshore Master and the Onshore Fund;
|
|
|
(ii)
|
Merchants’ Gate Capital GP LLC, a Delaware limited liability company (the "General Partner"), which serves as the general partner to the Investment Manager. As such, it may be deemed to control the Investment Manager and therefore it may be deemed to have beneficial ownership with respect to the shares of Common Stock directly owned by the Offshore Master and the Onshore Fund;
|
|
|
(iii)
|
Mr. Jason Capello ("Mr. Capello") who is the Senior Managing Member of the Investment Manager and the General Partner. As such, Mr. Capello may be deemed to control the Investment Manager and the General Partner and may be deemed to have beneficial ownership with respect to the shares of Common Stock directly owned by the Offshore Master and the Onshore Fund.
|
|
|
The Investment Manager, the General Partner and Mr. Capello are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
|
||
|
CUSIP No. 00751Y106
|
13G/A
|
Page 6 of 9 Pages
|
|
Item 2(b).
|
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
|
|
The address of the business office of each of the Reporting Persons is
|
|
|
712 Fifth Avenue, New York, New York 10019.
|
|
Item 2(c).
|
CITIZENSHIP:
|
|
The Investment Manager and the General Partner are organized under the laws of the State of Delaware. Mr. Capello is a citizen of Canada.
|
|
Item 2(d).
|
TITLE OF CLASS OF SECURITIES:
|
|
Common Stock (par value $0.0001 per share) (the "Common Stock")
|
|
Item 2(e).
|
CUSIP NUMBER:
|
|
00751Y106
|
|
Item 3.
|
IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
|
|
(a)
|
¨
|
Broker or dealer registered under Section 15 of the Act,
|
|
|
(b)
|
¨
|
Bank as defined in Section 3(a)(6) of the Act,
|
|
|
(c)
|
¨
|
Insurance Company as defined in Section 3(a)(19) of the Act,
|
|
|
(d)
|
¨
|
Investment Company registered under Section 8 of the Investment Company Act of 1940,
|
|
|
(e)
|
¨
|
Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E),
|
|
|
(f)
|
¨
|
Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F),
|
|
|
(g)
|
¨
|
Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G),
|
|
|
(h)
|
¨
|
Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
|
|
|
(i)
|
¨
|
Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,
|
|
|
(j)
|
¨
|
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
|
|
CUSIP No. 00751Y106
|
13G/A
|
Page 7 of 9 Pages
|
|
If this statement is filed pursuant to Rule 13d-1(c), check this box: x
|
|
Item 4.
|
OWNERSHIP.
|
|
A.
|
The Investment Manager
|
||||
|
(a)
|
Amount beneficially owned: 3,110,286
|
||||
|
(b)
|
Percent of class: 4.29%
|
||||
|
The percentages used in this Item 4 and elsewhere in this Schedule 13G/A are calculated based upon the 72,445,870 outstanding shares of Common Stock reported in the Company's Form 10-Q filed on November 16, 2011.
|
|||||
|
(c)
|
Number of shares as to which such person has:
|
||||
|
(i)
|
Sole power to vote or direct the vote: -0-
|
||||
|
(ii)
|
Shared power to vote or direct the vote: 3,110,286
|
||||
|
(iii)
|
Sole power to dispose or direct the disposition: -0-
|
||||
|
(iv)
|
Shared power to dispose or direct the disposition of: 3,110,286
|
||||
|
B.
|
The General Partner
|
||||
|
(a)
|
Amount beneficially owned: 3,110,286
|
||||
|
(b)
|
Percent of class: 4.29%
|
||||
|
(c)
|
Number of shares as to which such person has:
|
||||
|
(i)
|
Sole power to vote or direct the vote: -0-
|
||||
|
(ii)
|
Shared power to vote or direct the vote: 3,110,286
|
||||
|
(iii)
|
Sole power to dispose or direct the disposition: -0-
|
||||
|
(iv)
|
Shared power to dispose or direct the disposition: 3,110,286
|
||||
|
C.
|
Mr. Capello
|
||||
|
(a)
|
Amount beneficially owned: 3,110,286
|
||||
|
(b)
|
Percent of class: 4.29%
|
||||
|
(c)
|
Number of shares as to which such person has:
|
||||
|
(i)
|
Sole power to vote or direct the vote: -0-
|
||||
|
(ii)
|
Shared power to vote or direct the vote: 3,110,286
|
||||
|
(iii)
|
Sole power to dispose or direct the disposition: -0-
|
||||
|
(iv)
|
Shared power to dispose or direct the disposition: 3,110,286
|
||||
|
CUSIP No. 00751Y106
|
13G/A
|
Page 8 of 9 Pages
|
|
Item 5.
|
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
|
|
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
|
|
Item 6.
|
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
|
|
Not applicable.
|
|
Item 7.
|
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
|
|
Not applicable.
|
|
Item 8.
|
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
|
|
See Item 2.
|
|
Item 9.
|
NOTICE OF DISSOLUTION OF GROUP.
|
|
Not applicable.
|
|
Item 10.
|
CERTIFICATION.
|
|
Each of the Reporting Persons hereby makes the following certification:
|
|
|
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
|
|
CUSIP No. 00751Y106
|
13G/A
|
Page 9 of 9 Pages
|
|
/s/ Jason Capello
|
|
|
Jason Capello,
|
|
|
Individually, and as Senior Managing
|
|
|
Member of Merchants’ Gate Capital LP
|
|
|
and Merchants’ Gate Capital GP LLC
|
|