-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BSCsooJm2ZTsSNXTv/KlvOlY8Kn05XS/R+7LuFq5t5IpZQ8o1IhxdFnHt40ZW/ay
 IJKukH023rCzC98CWErrDg==

<SEC-DOCUMENT>0001181431-04-015604.txt : 20040315
<SEC-HEADER>0001181431-04-015604.hdr.sgml : 20040315
<ACCEPTANCE-DATETIME>20040315160533
ACCESSION NUMBER:		0001181431-04-015604
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040311
FILED AS OF DATE:		20040315

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ABS PARTNERS III LLC
		CENTRAL INDEX KEY:			0001077302

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28009
		FILM NUMBER:		04669650

	BUSINESS ADDRESS:	
		STREET 1:		ONE SOUTH STREET
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RAINMAKER SYSTEMS INC
		CENTRAL INDEX KEY:			0001094007
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MANAGEMENT SERVICES [8741]
		IRS NUMBER:				330442860
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1800 GREEN HILLS ROAD
		CITY:			SCOTTS VALLEY
		STATE:			CA
		ZIP:			95006
		BUSINESS PHONE:		8314617299

	MAIL ADDRESS:	
		STREET 1:		1800 GREEN HILLS ROAD
		CITY:			SCOTTS VALLEY
		STATE:			CA
		ZIP:			95006
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd36724.xml
<DESCRIPTION>FORM 4 - RAINMAKER
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-03-11</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001094007</issuerCik>
        <issuerName>RAINMAKER SYSTEMS INC</issuerName>
        <issuerTradingSymbol>RMKR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001077302</rptOwnerCik>
            <rptOwnerName>ABS PARTNERS III LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>400 EAST PRATT STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 910</rptOwnerStreet2>
            <rptOwnerCity>BALTIMORE</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>21202-3116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-03-11</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2100000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.55</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>9607248</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote 1</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents the entire holding of ABS Capital Partners III, L.P. (&quot;ABS&quot;).  The reporting person is the General Partner of ABS which owns such shares.  The Reporting Person disclaims beneficial ownership of all these shares except to the extent of its pecuniary interest therein.  This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Donald B. Hebb, Jr.</signatureName>
        <signatureDate>2004-03-15</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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