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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 | ||||||||
Warrants | $ 10 | 08/23/2007 | X(1) | 400,000 | 09/12/1997 | 09/12/2007 | Common Stock | 400,000 | $ 0 | 0 | D | ||||
Warrants | $ 10 | 08/23/2007 | X(1) | 3,271,000 | 09/12/1997 | 09/12/2007 | Common Stock | 3,271,000 | $ 0 | 0 | I | By LLC. |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BRADLEY S JACOBS C/O UNITED RENTALS, INC. FIVE GREENWICH OFFICE PARK GREENWICH, CT 06830 |
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/s/ Bradley S. Jacobs | 08/27/2007 | |
**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) | The transactions reported in this Form 4 reflect the exercise of 3,671,000 warrants by Mr. Jacobs on August 23, 2007, in a cashless exercise pursuant to the terms thereof and in accordance with Rules 16b-6(b) and 16b-3(e). These warrants were issued to Mr. Jacobs and entities controlled by Mr. Jacobs on September 12, 1997. The warrants were due to expire on September 12, 2007. The purchase price of common stock under all of the warrants was $10.00. |
(2) | Mr. Jacobs directly held warrants to purchase 400,000 shares of common stock at $10.00 a share, and exercised all of these warrants on a cashless basis. As a result, 124,128 shares of common stock otherwise deliverable upon the exercise of the warrant, representing the aggregate purchase price of $4,000,000, were withheld to pay the aggregate purchase price of the 400,000 shares purchased. The withholding of these shares was deemed to be a disposition to United Rentals, Inc., pursuant to Rule 16b-3(e). |
(3) | Mr. Jacobs indirectly held warrants to purchase 3,271,000 shares of common stock at $10.00 a share, and exercised all of these warrants on a cashless basis. As a result, 1,015,051 shares of common stock otherwise deliverable upon the exercise of the warrant, representing the aggregate purchase price of $32,710,000.00 were withheld to pay the aggregate purchase price of the 3,271,000 shares purchased. The withholding of these shares was deemed to be a disposition to United Rentals, Inc., pursuant to Rule 16b-3(e). |
(4) | Determined in accordance with the terms of the warrants, and represents the average of the high and low sale prices of United Rentals, Inc. common stock on August 23, 2007. |