-----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, BmERlJ/+EkviJJ+zToABoRbKliYJcBBefOHqnjVPhfd6dDUiL36UCmYmOFXfjBut SrBnu3l/l8jU5SK+mykx0A== 0000897226-01-000024.txt : 20010223 0000897226-01-000024.hdr.sgml : 20010223 ACCESSION NUMBER: 0000897226-01-000024 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ELECTRO RENT CORP CENTRAL INDEX KEY: 0000032166 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 952412961 STATE OF INCORPORATION: CA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-31397 FILM NUMBER: 1545603 BUSINESS ADDRESS: STREET 1: 6060 SEPULVEDA BLVD CITY: VAN NUYS STATE: CA ZIP: 91411-2512 BUSINESS PHONE: 8187872100 MAIL ADDRESS: STREET 1: 6060 SEPULVEDA BLVD CITY: VAN NUYS STATE: CA ZIP: 91411 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRIVATE CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0000897226 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 592756929 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3003 TAMIAMI TRAIL NORTH CITY: NAPLES STATE: FL ZIP: 33940 BUSINESS PHONE: 9414344069 MAIL ADDRESS: STREET 1: 3003 TAMIAMI TRAIL NORTH STREET 2: 3003 TAMIAMI TRAIL NORTH CITY: NAPLES STATE: FL ZIP: 33940 FORMER COMPANY: FORMER CONFORMED NAME: PRIVATE CAPITAL MANAGEMENT INC /FL DATE OF NAME CHANGE: 19950223 SC 13G/A 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Amendment No. 7 (Name of Issuer) ELECTRO RENT CORP. (Title of Class of Securities) Common Stock (CUSIP Number) 285218103 NAME OF REPORTING PERSON Private Capital Management I.R.S. IDENTIFICATION NO. 59-3654603 MEMBER OF A GROUP? (b) X PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 25000 SHARED VOTING POWER 5228014 SOLE DISPOSITIVE POWER 25000 SHARED DISPOSITIVE POWER 5228014 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5253014 PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 21.5% TYPE OF REPORTING PERSON IA NAME OF REPORTING PERSON Bruce S. Sherman I.R.S. IDENTIFICATION NO. ###-##-#### MEMBER OF A GROUP? (b) X CITIZENSHIP U.S. Citizen NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 86600 SHARED VOTING POWER 5639514 SOLE DISPOSITIVE POWER 86600 SHARED DISPOSITIVE POWER 5639514 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5726114 AGGREGATE AMOUNT BENEFICIALLY OWNED EXCLUDES CERTAIN SHARES (yes) PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 23.5% TYPE OF REPORTING PERSON IN NAME OF REPORTING PERSON Gregg J. Powers I.R.S. IDENTIFICATION NO. ###-##-#### MEMBER OF A GROUP? (b) X CITIZENSHIP U.S. Citizen NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 34000 SHARED VOTING POWER 5630514 SOLE DISPOSITIVE POWER 34000 SHARED DISPOSITIVE POWER 5630514 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5664514 AGGREGATE AMOUNT BENEFICIALLY OWNED EXCLUDES CERTAIN SHARES (yes) PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 23.2% TYPE OF REPORTING PERSON IN NAME OF REPORTING PERSON SPS Partners, L.P. I.R.S. IDENTIFICATION NO. 65-0496234 MEMBER OF A GROUP? (b) X PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 0 SHARED VOTING POWER 402500 SOLE DISPOSITIVE POWER 0 SHARED DISPOSITIVE POWER 402500 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 402500 PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 1.7% TYPE OF REPORTING PERSON IA ITEMS 1 - 10 OF GENERAL INSTRUCTIONS Item 1. (a)Name of Issuer: ELECTRO RENT CORP. (b)Address of Issuer: 6060 Sepulveda Blvd, Van Nuys, CA 91411 Item 2. (a)Name of Person Filing: See Exhibit 1 (b)Address of Person Filing: 3003 Tamiami Trail N., Naples, FL 34103 (c)Citizenship: See Exhibit 1 (d)Title of Class of Securities: Common Stock (e)CUSIP Number: 285218103 Item 3. The reporting person is filing as an Investment Adviser registered under section 203 of the Investment Advisers Act of 1940. Item 4. Ownership (a)Amount Beneficially Owned: See Exhibit 1 (b)Percent of Class: See Exhibit 1 (c)Number of Shares as to which such person has: (i)sole power to vote or to direct the vote: See Exhibit 1 (ii)shared power to vote or to direct the vote: See Exhibit 1 (iii)sole power to dispose or to direct the disposition of: See Exhibit 1 (iv)shared power to dispose or to direct the disposition of: See Exhibit 1 Item 5. Ownership of Five Percent or Less of Class: N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person: N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: See Exhibit 1 Item 9. Notice of Dissolution of Group: N/A Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: See Exhibit 2 Signature: See Exhibit 2 Name/Title: See Exhibit 2 Exhibit 1 Item 2. (a) Name of Person Filing 1) Private Capital Management, Inc. 2) *Bruce S. Sherman 3) *Gregg J. Powers 4) SPS Partners, L.P. (c)Citizenship 1) Florida 2) U.S. 3) U.S. 4) Maryland Item 4. (a) Amount Beneficially Owned 1) 5253014 2) 5726114 3) 5664514 4) 402500 (b) Percent of Class 1) 0.215421223 2) 0.234822615 3) 0.232296456 4) 0.016506151 (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 1) 25000 2) 86600 3) 34000 4) 0 (ii) shared power to vote or to direct the vote 1) 5228014 2) 5639514 3) 5630514 4) 402500 (iii) sole power to dispose or to direct the disposition of 1) 25000 2) 86600 3) 34000 4) 0 (iv) shared power to dispose or to direct the disposition of 1) 5228014 2) 5639514 3) 5630514 4) 402500 * Bruce S. Sherman is Chairman of Private Capital Management (PCM) and Gregg J. Powers is President of PCM. In these capacities, Messrs. Sherman and Powers exercise shared dispositive and shared voting power with respect to shares held by PCM's clients and managed by PCM. Messrs. Sherman and Powers are also general partners of SPS Partners, LP PS), the investment advisor to the Entrepreneurial Value Fund, L.P. (EVF). In this capacity, Messrs. Sherman and Powers exercise shared dispositive and voting powers over shares held by EVF. Messrs. Sherman and Powers disclaim beneficial ownership for the shares held by EVF and by PCM's clients and disclaim the existence of a group. Exhibit 2 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2001 _____________________________________ Bruce S. Sherman as Chairman, PCM as Managing Director, SPS as, individual, as applicable ______________________________________ Gregg J. Powers as President, PCM as General Partner, SPS as, individual, as applicable -----END PRIVACY-ENHANCED MESSAGE-----