SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Rhone Capital L.L.C.

(Last) (First) (Middle)
630 5TH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ELIZABETH ARDEN INC [ RDEN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/02/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 par value per share 12/02/2015 A 11,400(1) A $0.00 4,075,487(1) I See footnotes(3)(4)
Common Stock, $.01 par value per share 12/02/2015 A 9,410(2) A $10.52 4,084,897(2) I See footnotes(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Rhone Capital L.L.C.

(Last) (First) (Middle)
630 5TH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Nightingale Onshore Holdings L.P.

(Last) (First) (Middle)
630 FIFTH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Nightingale Offshore Holdings L.P.

(Last) (First) (Middle)
630 FIFTH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Nightingale GP LLC

(Last) (First) (Middle)
630 FIFTH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Rhone Capital IV L.P.

(Last) (First) (Middle)
630 FIFTH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Rhone Holdings IV L.L.C.

(Last) (First) (Middle)
630 FIFTH AVENUE, 27TH FLOOR

(Street)
NEW YORK NY 10111

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Grant of Restricted Stock Units issued pursuant to the Issuer's 2014 Non-Employee Director Stock Award Plan (the "Plan") to persons who are managing directors of Rhone Group L.L.C. and, at the time of grant, directors of the Issuer. This grant will vest in full three years from the date of grant, subject to the terms and conditions of the Plan. These persons each have an understanding with entities affiliated with Rhone Capital L.L.C. pursuant to which they each hold reported securities for the benefit of entities affiliated with Rhone Capital L.L.C.
2. Shares issued pursuant to the Plan in lieu of a cash payment of the annual director retainer to persons who are managing directors of Rhone Group L.L.C. and, at the time of grant, directors of the Issuer. These persons each have an understanding with entities affiliated with Rhone Capital L.L.C. pursuant to which they each hold reported securities for the benefit of entities affiliated with Rhone Capital L.L.C.
3. Nightingale GP LLC is the General Partner of Nightingale Onshore Holdings L.P. and Nightingale Offshore Holdings L.P. and may be deemed the beneficial owner of securities beneficially owned by Nightingale Onshore Holdings L.P. and Nightingale Offshore Holdings L.P. Rhone Capital IV L.P. indirectly controls Nightingale GP LLC and may be deemed the beneficial owner of securities beneficially owned by Nightingale GP LLC. Rhone Holdings IV L.L.C. is the General Partner of Rhone Capital IV L.P. and may be deemed the beneficial owner of securities beneficially owned by Rhone Capital IV L.P. Rhone Capital L.L.C. is the sole member of Rhone Holdings IV L.L.C. and may be deemed the beneficial owner of securities beneficially owned by Rhone Holdings IV L.L.C.
4. This Statement is being filed by Nightingale Onshore Holdings L.P., Nightingale Offshore Holdings L.P., Nightingale GP LLC, Rhone Capital IV L.P., Rhone Holdings IV L.L.C., and Rhone Capital L.L.C. (collectively, the "Reporting Persons"). One or more of the Reporting Persons are party to a shareholders agreement that relate to the voting of the shares covered by this Report and, as such, may be deemed to be a member, or members, of a group holding over 10% of the outstanding Common Stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934. The filing of this Report is not an admission that the Reporting Persons are members of a group or beneficial owners of any shares other than those in which they have a pecuniary interest.
/s/ M. Allison Steiner, Authorized Signatory for Rhone Capital L.L.C 12/04/2015
/s/ M. Allison Steiner, Authorized Signatory for Nightingale Onshore Holdings L.P 12/04/2015
/s/ M. Allison Steiner, Authorized Signatory for Nightingale Offshore Holdings L.P. 12/04/2015
/s/ M. Allison Steiner, Authorized Signatory for Nightingale GP LLC 12/04/2015
/s/ M. Allison Steiner, Authorized Signatory for Rhone Capital IV L.P. 12/04/2015
/s/ M. Allison Steiner, Authorized Signatory for Rhone Holdings IV L.L.C. 12/04/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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