-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LbgjaSypM8qgCZhuC8Zt/SVhhhdCwsC6CcbyYA1qhQ6pM34XYw4jobo8zb0I2vxH 0lRBoSiowcbziCv4nHKtMg== 0000898822-03-000177.txt : 20030304 0000898822-03-000177.hdr.sgml : 20030304 20030304145519 ACCESSION NUMBER: 0000898822-03-000177 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030304 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNITED RENTALS INC /DE CENTRAL INDEX KEY: 0001067701 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 061522496 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54791 FILM NUMBER: 03591258 BUSINESS ADDRESS: STREET 1: FOUR GREENWICH OFFICE PARK CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2036223131 MAIL ADDRESS: STREET 1: FOUR GREENWICH OFFICE PARK CITY: GREENWICH STATE: CT ZIP: 06830 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: APOLLO INVESTMENT FUND IV LP CENTRAL INDEX KEY: 0001068331 IRS NUMBER: 133985622 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: TWO MANHATTANVILLE ROAD CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: TWO MANHATTANVILLE ROAD CITY: PURCHASE STATE: NY ZIP: 10577 SC 13D/A 1 march3-form13d.txt SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________ Schedule 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* ______________ UNITED RENTALS, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $.01 PER SHARE (Title of Class of Securities) 911 363 109 (CUSIP Number) ____________________ MICHAEL D. WEINER APOLLO MANAGEMENT IV, L.P. TWO MANHATTANVILLE ROAD PURCHASE, NEW YORK 10577 (914) 694-8000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) ________________ Copy to: FEBRUARY 28, 2003 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7, for other parties to whom copies are to be sent. (Continued on the following pages) (Page 1 of 8 pages) ------------------------------- * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes) - --------------------- ---------------------- CUSIP No. 911 363 109 13D (Page 2 of 8) - --------------------- ---------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons Apollo Investment Fund IV, L.P. S.S. or I.R.S. Identification Nos. of above persons - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [ ] (b) |X| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds* oo - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Sole Voting Power 15,712,349 Number of ---------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially Owned by ---------------------------------------------------------------- Each 9. Sole Dispositive Power Reporting 15,712,349 Person ---------------------------------------------------------------- With 10. Shared Dispositive Power - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 15,712,349 - -------------------------------------------------------------------------------- 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [X] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 17.1% - -------------------------------------------------------------------------------- 14. Type of Reporting Person* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - --------------------- ---------------------- CUSIP No. 911 363 109 13D (Page 3 of 8) - --------------------- ---------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons Apollo Overseas Partners IV, L.P. SS. or I.R.S. Identification Nos. of above persons - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [_] (b) |X| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds* 00 - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 7. Sole Voting Power 849,284 Number of ------------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially Owned by ------------------------------------------------------------------- Each 9. Sole Dispositive Power Reporting 849,284 Person ------------------------------------------------------------------- With 10. Shared Dispositive Power - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 849,284 - -------------------------------------------------------------------------------- 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [X] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) .9% - -------------------------------------------------------------------------------- 14. Type of Reporting Person* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - --------------------- ---------------------- CUSIP No. 911 363 109 13D (Page 4 of 8) - --------------------- ---------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons Apollo Advisors IV, L.P. SS. or I.R.S. Identification Nos. of above persons - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [_] (b) |X| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds* oo - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Sole Voting Power Number of ------------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 16,561,633 Owned by ------------------------------------------------------------------- Each 9. Sole Dispositive Power Reporting Person ------------------------------------------------------------------- With 10. Shared Dispositive Power 16,561,633 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 16,561,633 - -------------------------------------------------------------------------------- 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 18.0% - -------------------------------------------------------------------------------- 14. Type of Reporting Person* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - --------------------- ---------------------- CUSIP No. 911 363 109 13D (Page 5 of 8) - --------------------- ---------------------- - -------------------------------------------------------------------------------- 1. Name of Reporting Persons Apollo Managemement IV, L.P. SS. or I.R.S. Identification Nos. of above persons - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group* (a) [_] (b) |X| - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds* oo - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Sole Voting Power Number of ------------------------------------------------------------------- Shares 8. Shared Voting Power Beneficially 16,561,633 Owned by ------------------------------------------------------------------- Each 9. Sole Dispositive Power Reporting Person ------------------------------------------------------------------- With 10. Shared Dispositive Power 16,561,633 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 16,561,633 - -------------------------------------------------------------------------------- 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 18.0% - -------------------------------------------------------------------------------- 14. Type of Reporting Person* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! This Amendment No. 2 filed on March 4, 2003 amends and supplements, as provided herein, the following Items of the Statement on Schedule 13D (the "Schedule 13D") of Apollo Investment Fund IV, L.P., a Delaware limited partnership ("AIFIV"), Apollo Overseas Partners IV, L.P., an exempted limited partnership registered in the Cayman Islands ("Overseas IV"), and Apollo Advisors IV, L.P., a Delaware limited partnership ("Advisors IV"), filed on October 29, 2001 with respect to the shares of common stock, par value $0.01 per share ("Common Stock") of United Rentals, Inc., a Delaware corporation (the "Issuer"). Apollo Management IV, L.P. (together with AIFIV, Overseas IV and Advisors IV, the "Reporting Persons"), a Delaware limited partnership is the manager of Overseas IV and AIFIV. Unless otherwise indicated, all capitalized terms used but not defined herein have the meanings set forth in the Schedule 13D. Responses to each item below are incorporated by reference into each other item, as applicable. ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION. Item 3 of the Schedule 13D is hereby amended and supplemented with the following: On February 28 and March 3, 2003, AIFIV and Overseas IV (collectively, the "Purchasers") purchased in ordinary course secondary market transactions an aggregate of 768,800 shares of Common Stock at per share purchase prices ranging from $8.55 to $8.75 (the "Transactions"). The purchases were financed with cash on hand. ITEM 4. PURPOSE OF THE TRANSACTION. Item 4 of the Schedule 13D is hereby amended and supplemented with the following: The Purchasers entered into the Transactions in the ordinary course based on the market price of the Common Stock and the Purchasers' expectations of the future price of the Common Stock. The Purchasers entered into the Transactions described in this statement as an investment in the Issuer. Notwithstanding the foregoing, the Reporting Persons retain the right to change their investment intent, to propose one or more possible transactions to the Issuer's board, to acquire additional shares of preferred stock or Common Stock from time to time or to sell or otherwise dispose of all or part of the shares of Common Stock, in any manner permitted by law. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) The Reporting Persons beneficially own an aggregate of 1,228,300 shares of Common Stock as of the date hereof. The Reporting Persons beneficially own an aggregate of 300,000 shares of the Series C Preferred. Each share of Series C Preferred Stock is initially convertible into 40 shares of Common Stock as described in Item 4, or an aggregate of 12,000,000 shares of Common Stock. The Reporting Persons beneficially own an aggregate of 100,000 shares of the D-1 Preferred. Each share of D-1 Preferred is initially convertible into 33-1/3 shares of Common Stock as described in Item 4, or an aggregate of 3,333,333 shares of Page 6 of 8 Common Stock. Assuming the conversion of all of the shares of Series C Preferred and D-1 Preferred owned by the Reporting Persons, as of the date hereof, the Reporting Persons would beneficially own in the aggregate 16,561,633 shares of Common Stock of United Rentals, representing approximately 18.0% of the outstanding Common Stock of United Rentals, assuming conversion of all of the shares of Series C Preferred and D-1 Preferred owned by the Reporting Persons. Beneficial ownership of such shares was acquired as described in Item 3 and Item 4 to the Schedule 13D. See also the information contained on the cover pages to this Schedule 13D which is incorporated herein by reference. (b) See the information contained on the cover pages to this Schedule 13D which is incorporated herein by reference. (c) On February 28 and March 3, 2003, the Purchasers purchased 768,800 shares of Common Stock in the following amounts and per share prices: Trading Date Total Shares Price ------------ ------------ ----- 2/28/03 200 $8.62 2/28/03 800 $8.63 2/28/03 200 $8.64 2/28/03 14,600 $8.65 2/28/03 18,000 $8.66 2/28/03 3,800 $8.67 2/28/03 1,000 $8.68 2/28/03 552,900 $8.70 2/28/03 400 $8.71 2/28/03 900 $8.74 2/28/03 27,200 $8.75 3/03/03 7,300 $8.55 3/03/03 8,800 $8.60 3/03/03 132,700 $8.68 The Purchases were financed with cash on hand. (d) Not applicable. (e) Not applicable. Page 7 of 8 SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: March 4, 2003 APOLLO INVESTMENT FUND IV, L.P. By: Apollo Advisors IV, L.P., its General Partner By: Apollo Capital Management IV, Inc., its General Partner By: /s/ MICHAEL D. WEINER --------------------- Name: Michael D. Weiner Title: Vice President, Apollo Capital Management IV, Inc. APOLLO OVERSEAS PARTNERS IV, L.P. By: Apollo Advisors IV, L.P., its Managing General Partner By: Apollo Capital Management IV, Inc., its General Partner By: /s/ MICHAEL D. WEINER --------------------- Name: Michael D. Weiner Title: Vice President, Apollo Capital Management IV, Inc. APOLLO ADVISORS IV, L.P. By: Apollo Capital Management IV, Inc., its General Partner By: /s/MICHAEL D. WEINER --------------------- Name: Michael D. Weiner Title: Vice President, Apollo Capital Management IV, Inc. APOLLO MANAGEMENT IV, L.P. By: AIF IV Management, Inc., its General Partner By: /s/ MICHAEL D. WEINER --------------------- Name: Michael D. Weiner Title: Vice President, AIF IV Management, Inc. Page 8 of 8 -----END PRIVACY-ENHANCED MESSAGE-----