0001567619-20-010512.txt : 20200515 0001567619-20-010512.hdr.sgml : 20200515 20200515161356 ACCESSION NUMBER: 0001567619-20-010512 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200513 FILED AS OF DATE: 20200515 DATE AS OF CHANGE: 20200515 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD PARTNERS, L.L.C. CENTRAL INDEX KEY: 0001269758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 20885342 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD PARTNERS LLC DATE OF NAME CHANGE: 20031110 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Regional Management Corp. CENTRAL INDEX KEY: 0001519401 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 570847115 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 979 BATESVILLE ROAD STREET 2: SUITE B CITY: GREER STATE: SC ZIP: 29651 BUSINESS PHONE: 864-448-7000 MAIL ADDRESS: STREET 1: 979 BATESVILLE ROAD STREET 2: SUITE B CITY: GREER STATE: SC ZIP: 29651 4 1 doc1.xml FORM 4 X0306 4 2020-05-13 0 0001519401 Regional Management Corp. RM 0001269758 BASSWOOD PARTNERS, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization Common Stock, par value $0.10 per share ("Common Stock") 2020-05-13 4 P 0 5416 11.32 A 134705 I See footnotes Common Stock 2020-05-13 4 P 0 31865 11.32 A 343500 I See footnotes Common Stock 2020-05-13 4 P 0 2748 11.32 A 49857 I See footnotes See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 Exhibit List: ------------ Exhibit 99.1 - Explanation of Responses BASSWOOD PARTNERS, L.L.C., /s/ Matthew Lindenbaum 2020-05-15 EX-99.1 2 r34995941a.htm EXPLANATION OF RESPONSES
Designated Filer:
Basswood Partners, L.L.C.
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
May 13, 2020

Explanation of Responses

1.
 
This Form 4 is filed on behalf of Basswood Partners, L.L.C. (the “Reporting Person”). Basswood Partners, L.L.C. is the general partner of BFF, BOP and BFLOF (as defined below and together, the “Funds”), and may be deemed to have a pecuniary interest in the Common Stock held directly by BFF, BOP and BFLOF. In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by the Funds is reported herein. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by the Funds, except to the extent, if any, of any direct or indirect pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise.
Jonathan D. Brown, a senior analyst at Basswood Capital Management, L.L.C., serves on the board of directors of the Issuer as a representative of the Reporting Person.  As a result, the Reporting Person is a “director-by-deputization” solely for purposes of Section 16 of the Exchange Act.  By reason of the provisions of Rule 16a-1 of the Exchange Act, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock issued to Jonathan D. Brown.  The Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by Jonathan D. Brown.

2.
Common Stock held directly by Basswood Financial Fund, LP (“BFF”).
3.
Common Stock held directly by Basswood Opportunity Partners, LP (“BOP”).
4.
Common Stock held directly by Basswood Financial Long Only Fund, LP (“BFLOF”).

Due to the limitations on the number of Reporting Persons allowed on Form 4, BFF, BOP, BFLOF and certain other affiliates of the Reporting Person, which may be deemed to have pecuniary interests in the shares of Common Stock reported herein by the Reporting Person, are reporting their beneficial ownership on a separate Form 4.