Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Parallel 2005 Equity Partners, LLC
   2. Issuer Name and Ticker or Trading Symbol
Regional Management Corp. [RM] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2100 MCKINNEY AVENUE, SUITE 1200, 		 3. Date of Earliest Transaction (Month/Day/Year)
03/27/2012
(Street)

DALLAS, TX 75201		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 15 03/27/2012   A   20,000     (1) 03/27/2022 Common Stock 20,000 $ 0 20,000 (2) I See footnote (3)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Parallel 2005 Equity Partners, LLC
2100 MCKINNEY AVENUE, SUITE 1200
DALLAS, TX 75201		   X   X    
Parallel 2005 Equity Fund LP
2100 MCKINNEY AVENUE,
SUITE 1200
DALLAS, TX 75201		   X   X    
Parallel 2005 Equity Partners, LP
2100 MCKINNEY AVENUE
SUITE 1200
DALLAS, TX 75201		   X   X    
FLETCHER FRANK BARRON III
2100 MCKINNEY AVENUE,
SUITE 1200
DALLAS, TX 75201		   X   X    

Signatures

 Parallel 2005 Equity Fund, LP By: Parallel 2005 Equity Partners, LP, its General Partner for Parallel 2005 Equity Fund, LP, /s/ F. Barron Fletcher, Authorized Person   03/29/2012
**Signature of Reporting Person Date
 Parallel 2005 Equity Partners, LP By: Parallel 2005 Equity Partners, LLC, its General Partner for Parallel 2005 Equity Partners, LP, /s/ F. Barron Fletcher, III, Authorized Person   03/29/2012
**Signature of Reporting Person Date
 Parallel 2005 Equity Partners, LLC, /s/ F. Barron Fletcher, III, Authorized Person   03/29/2012
**Signature of Reporting Person Date
 /s/ F. Barron Fletcher, III   03/29/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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) The option vests in five equal annual installments beginning on the first anniversary of the grant date.
(2) The Reporting Persons received the option award from Regional Management Corp. (the "Issuer") as a director by deputization of the Issuer. The grant to the Reporting Persons was approved by the Board of Directors of the Issuer.
(3) The securities reported herein are held by Richard T. Dell'Aquila and Jared L. Johnson as nominee holders. Mr. Johnson is a Managing Director of Parallel 2005 Equity Fund, LP. Mr. Dell'Aquila is a Principal of Parallel 2005 Equity Fund, LP. The general partner of Parallel 2005 Equity Fund, LP is Parallel 2005 Equity Partners, LP. The general partner of Parallel 2005 Equity Fund, LP is Parallel 2005 Equity Partners, LLC. F. Barron Fletcher, III is the managing member of Parallel 2005 Equity Partners, LLC.
 
Remarks:
Jared L. Johnson and Richard T. Dell'Aquila serve on the board of directors of the Issuer as representatives of the Reporting Persons.  Jared L. Johnson is a Managing Director of Parallel 2005 Equity Fund, LP.  Richard T. Dell'Aquila is a Principal of Parallel 2005 Equity Fund, LP.
Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Persons state that this filing shall not be an admission that the Reporting Persons are the beneficial owners of any of the securities reported herein, and the Reporting Persons disclaim beneficial ownership of such securities except to the extent of the Reporting Persons' pecuniary interest therein.

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