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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Employee Stock Options | $ 6.52 | 04/30/2012 | D | 1,503 | 04/30/2012 | 12/04/2016 | Common Stock | 1,503 (9) | (11) | 0 | D | ||||
| Employee Stock Options | $ 10 | 04/30/2012 | D | 19,900 | 04/20/2014 | 04/20/2020 | Common Stock | 19,900 (10) | (12) | 0 | D | ||||
| Employee Stock Options | $ 12 | 04/30/2012 | D | 19,900 | 04/20/2014 | 04/20/2020 | Common Stock | 19,900 (10) | (13) | 0 | D | ||||
| Employee Stock Options | $ 14 | 04/30/2012 | D | 19,900 | 04/20/2014 | 04/20/2020 | Common Stock | 19,900 (10) | (14) | 0 | D | ||||
| Employee Stock Options | $ 16 | 04/30/2012 | D | 10,900 | 04/20/2015 | 04/20/2021 | Common Stock | 10,900 (10) | (15) | 0 | D | ||||
| Employee Stock Options | $ 17 | 04/30/2012 | D | 11,700 | 04/20/2015 | 04/20/2021 | Common Stock | 11,700 (10) | (16) | 0 | D | ||||
| Employee Stock Options | $ 18 | 04/30/2012 | D | 12,600 | 04/20/2015 | 04/20/2021 | Common Stock | 12,600 (10) | (17) | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Ledlow David C/O RSC HOLDINGS INC. 6929 E. GREENWAY PARKWAY, SUITE 200 SCOTTSDALE, AZ 85254 |
SVP, Operations | |||
| /s/ Kevin J. Groman, Attorney-in-Fact for David Ledlow | 05/01/2012 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | This represents an award of performance based restricted stock units, a contingent right to receive the specified number of shares of Issuer's common stock upon vesting. A total of 45,300 performance based restricted stock units were granted subject to a combination of time and performance vesting based on continued service through the 15th day following the last day of the Performance Period which is December 31, 2012. As a result of the merger between United Rentals, Inc. ("URI") and Issuer, 30,200 of such restricted stock units were deemed "earned" and the balance was forfeited. The original service vesting schedule shall continue to apply to earned restricted stock units, subject to "double-trigger" accelerated vesting if the reporting person is either involuntarily terminated or constructively terminated following the merger. |
| (2) | This represents an award of time based restricted stock units, a contingent right to receive the specified number of shares of Issuer's common stock upon vesting. The original service vesting schedule shall continue to apply to these restricted stock units, subject to "double-trigger" accelerated vesting if the reporting person is either involuntarily terminated or constructively terminated following the merger. |
| (3) | This represents an award of performance based restricted stock units, a contingent right to receive the specified number of shares of Issuer's common stock upon vesting. A total of 26,550 performance based restricted stock units were granted subject to a combination of time and performance vesting based on continued service through the 15th day following the last day of the Performance Period which is December 31, 2013. As a result of the merger, 17,700 of such restricted stock units were deemed "earned" and the balance was forfeited. The original service vesting schedule shall continue to apply to earned restricted stock units, subject to "double-trigger" accelerated vesting if the reporting person is either involuntarily terminated or constructively terminated following the merger. |
| (4) | The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 15,586 shares of URI common stock. |
| (5) | The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 13,831 shares of URI common stock. |
| (6) | The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 9,134 shares of URI common stock. |
| (7) | The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 8,102 shares of URI common stock. |
| (8) | Disposed of pursuant to the merger agreement between Issuer and URI. In the merger, each share of Issuer's common stock was exchanged for $10.80 plus 0.2783 shares of URI common stock having a market value of $46.68 per share on the effective date of the merger. |
| (9) | The vesting of the option was accelerated as of the closing of the merger. |
| (10) | The original vesting schedule continues to apply to the option subject to "double-trigger" accelerated vesting if the reporting person is either involuntary terminated or constructively terminated following the merger. |
| (11) | This option was assumed by URI in the merger and replaced with an option to purchase 775 shares of URI common stock for $12.64 per share. |
| (12) | This option was assumed by URI in the merger and replaced with an option to purchase 10,270 shares of URI common stock for $19.38 per share. |
| (13) | This option was assumed by URI in the merger and replaced with an option to purchase 10,270 shares of URI common stock for $23.26 per share. |
| (14) | This option was assumed by URI in the merger and replaced with an option to purchase 10,270 shares of URI common stock for $27.13 per share. |
| (15) | This option was assumed by URI in the merger and replaced with an option to purchase 5,625 shares of URI common stock for $31.01 per share. |
| (16) | This option was assumed by URI in the merger and replaced with an option to purchase 6,038 shares of URI common stock for $32.94 per share. |
| (17) | This option was assumed by URI in the merger and replaced with an option to purchase 6,502 shares of URI common stock for $34.88 per share. |