Filing Details

Accession Number:
0000921895-17-000825
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-23 18:26:55
Reporting Period:
2017-03-21
Filing Date:
2017-03-23
Accepted Time:
2017-03-23 18:26:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
933036 Rent A Center Inc De RCII Services-Equipment Rental & Leasing, Nec (7359) 450491516
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1559771 Engaged Capital Llc 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No Yes No
1559850 Engaged Capital Flagship Fund, L.p. 610 Newport Center Drive
Suite 250
Newport Beach CA 90272
No No No Yes
1580761 Engaged Capital Flagship Master Fund, Lp Cricket Square, Hutchins Drive
P.o. Box 2681
Grand Cayman E9 KY1-1111
No No No Yes
1580769 Engaged Capital Holdings, Llc 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No Yes No
1580771 W. Glenn Welling 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No Yes No
1619827 Engaged Capital Flagship Fund, Ltd. 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
1688224 Engaged Capital Co-Invest V, Lp 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
1700254 Engaged Capital Co-Invest V-A, Lp 610 Newport Center Drive
Suite 250
Newport Beach CA 92660
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-03-21 20,804 $8.55 1,715,719 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-21 683,100 $8.61 2,398,819 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-21 195,000 $8.61 2,593,819 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-22 512,697 $8.63 3,106,516 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-22 4,700 $8.64 3,111,216 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-22 45,932 $8.54 3,157,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-23 45,000 $8.82 3,202,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-23 50,000 $8.85 3,252,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-23 30,000 $8.86 3,282,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-23 33,000 $8.82 3,315,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-23 35,000 $8.89 3,350,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Common Stock Acquisiton 2017-03-23 40,000 $8.82 3,390,148 No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
No 4 P Indirect By: Engaged Capital Co-Invest V-A, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,519,969 Indirect By: Engaged Capital Flagship Master Fund, LP
Common Stock 2,703,611 Indirect By: Engaged Capital Co-Invest V, LP
Common Stock 369,881 Indirect By: Managed Account of Engaged Capital, LLC
Footnotes
  1. This Form 4 is filed jointly by Engaged Capital Flagship Master Fund, LP ("Engaged Capital Flagship Master"), Engaged Capital Co-Invest V, LP ("Engaged Capital Co-Invest V"), Engaged Capital Co-Invest V-A, LP ("Engaged Capital Co-Invest V-A"), Engaged Capital Flagship Fund, LP ("Engaged Capital Fund"), Engaged Capital Flagship Fund, Ltd. ("Engaged Capital Offshore"), Engaged Capital, LLC ("Engaged Capital"), Engaged Capital Holdings, LLC ("Engaged Holdings") and Glenn W. Welling (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  2. Securities owned directly by Engaged Capital Flagship Master. As feeder funds of Engaged Capital Flagship Master, each of Engaged Capital Fund and Engaged Capital Offshore may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. As the general partner and investment adviser of Engaged Capital Flagship Master, Engaged Capital may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master.
  3. Securities owned directly by Engaged Capital Co-Invest V. As the general partner and investment adviser of Engaged Capital Co-Invest V, Engaged Capital may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest V. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest V. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest V.
  4. Securities owned directly by Engaged Capital Co-Invest V-A. As the general partner and investment adviser of Engaged Capital Co-Invest V-A, Engaged Capital may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest V-A. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest V-A. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest V-A.
  5. Securities held in an account separately managed by Engaged Capital (the "Engaged Capital Account"). Engaged Capital, as the investment adviser of the Engaged Capital Account, may be deemed to beneficially own the securities held in the Engaged Capital Account. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities held in the Engaged Capital Account. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the securities held in the Engaged Capital Account.