SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person* ACCIPITER CAPITAL MANAGEMENT, LLC (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/30/2007	3. Issuer Name and Ticker or Trading Symbol RURAL/METRO CORP /DE/ [ (RURL) ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	446,010	I	By ALSF (Offshore), Ltd.(1)
Common Stock	787,613	I	By ALSF II (Offshore), Ltd.(2)
Common Stock	454,348	I	By ALSF II (QP), LP(3)
Common Stock	381,691	I	By ALSF II, LP(4)
Common Stock	443,536	I	By ALSF, LP(5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* ACCIPITER CAPITAL MANAGEMENT, LLC (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ACCIPITER LIFE SCIENCES FUND II L P (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Accipiter Life Sciences Fund II Offshore Ltd (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ACCIPITER LIFE SCIENCES FUND II QP L P (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ACCIPITER LIFE SCIENCES FUND LP (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ACCIPITER LIFE SCIENCES FUND OFFSHORE LTD (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Candens Capital LLC (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* HOFFMAN GABE (Last) (First) (Middle) 399 PARK AVENUE 38TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Held by Accipiter Life Sciences Fund (Offshore), Ltd. Accipiter Capital Management, LLC, the investment manager of Accipiter Life Sciences Fund (Offshore), Ltd. and Gabe Hoffman, the managing member of Accipiter Capital Management, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

2. Held by Accipiter Life Sciences Fund II (Offshore), Ltd. Accipiter Capital Management, LLC, the investment manager of Accipiter Life Sciences Fund (Offshore), Ltd. and Gabe Hoffman, the managing member of Accipiter Capital Management, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

3. Held by Accipter Life Sciences Fund II (QP), LP. Candens Capital, LLC, the general partner of Accipter Life Sciences Fund II (QP), LP and Gabe Hoffman, the managing member of Candens Capital, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

4. Held by Accipiter Life Sciences Fund II, LP. Candens Capital, LLC, the general partner of Accipiter Life Sciences Fund II, LP and Gabe Hoffman, the managing member of Candens Capital, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

5. Held by Accipiter Life Sciences Fund, LP. Candens Capital, LLC, the general partner of Accipiter Life Sciences Fund, LP and Gabe Hoffman, the managing member of Candens Capital, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Remarks:

	By: By Gabe Hoffman, managing member	04/06/2007
	By: By Candens Capital, LLC, by Gabe Hoffman, managing member	04/06/2007
	By: By Accipiter Capital Management, LLC, by Gabe Hoffman, managing member	04/06/2007
	By: By Candens Capital, LLC, by Gabe Hoffman, managing member	04/06/2007
	By: By Candens Capital, LLC, by Gabe Hoffman, managing member	04/06/2007
	By: By Accipiter Capital Management, LLC, by Gabe Hoffman, managing member	04/06/2007
	By: Gabe Hoffman, managing member	04/06/2007
	/s/ Hoffman, Gabe	04/06/2007
	** Signature of Reporting Person	Date
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