0001567619-19-016391.txt : 20190812 0001567619-19-016391.hdr.sgml : 20190812 20190812175403 ACCESSION NUMBER: 0001567619-19-016391 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20190808 FILED AS OF DATE: 20190812 DATE AS OF CHANGE: 20190812 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD FINANCIAL LONG ONLY FUND, L.P. CENTRAL INDEX KEY: 0001538637 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017779 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE, 10TH FL. CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE, 10TH FL. CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD FINANCIAL ENHANCED FUND, L.P. DATE OF NAME CHANGE: 20120104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD FINANCIAL FUND, INC. CENTRAL INDEX KEY: 0001576092 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017780 BUSINESS ADDRESS: STREET 1: 3RD FL., HARBOUR CENTRE, P.O. BOX 61 CITY: GEORGE TOWN STATE: E9 ZIP: KY1-1102 BUSINESS PHONE: 345-949-4244 MAIL ADDRESS: STREET 1: 3RD FL., HARBOUR CENTRE, P.O. BOX 61 CITY: GEORGE TOWN STATE: E9 ZIP: KY1-1102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD FINANCIAL FUND, L.P. CENTRAL INDEX KEY: 0001519641 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017781 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD OPPORTUNITY FUND INC CENTRAL INDEX KEY: 0001269757 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017782 MAIL ADDRESS: STREET 1: 645 MADISON AVE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD OPPORTUNITY PARTNERS, L.P. CENTRAL INDEX KEY: 0001085394 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017783 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125219500 MAIL ADDRESS: STREET 1: BASSWOOD CAPITAL MANAGEMENT LLC STREET 2: 645 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD FINANCIAL PARTNERS LP DATE OF NAME CHANGE: 19990428 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD ENHANCED LONG SHORT GP, LLC CENTRAL INDEX KEY: 0001541970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017784 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD ENHANCED LONG SHORT FUND LP CENTRAL INDEX KEY: 0001525955 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017785 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LINDENBAUM BENNETT D CENTRAL INDEX KEY: 0000927942 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017786 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LINDENBAUM MATTHEW A CENTRAL INDEX KEY: 0000927943 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017787 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD CAPITAL MANAGEMENT, L.L.C. CENTRAL INDEX KEY: 0001085393 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35477 FILM NUMBER: 191017788 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: Basswood Capital Management LLC DATE OF NAME CHANGE: 20130814 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 19990428 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 2019-08-08 0 0001519401 Regional Management Corp. RM 0001085393 BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0000927943 LINDENBAUM MATTHEW A BASSWOOD CAPITAL MANAGEMENT L.L.C. 645 MADISON AVENUE 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0000927942 LINDENBAUM BENNETT D BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001525955 BASSWOOD ENHANCED LONG SHORT FUND LP BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001541970 BASSWOOD ENHANCED LONG SHORT GP, LLC BASSWOOD CAPITAL MANAGEMENT L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001085394 BASSWOOD OPPORTUNITY PARTNERS, L.P. BASSWOOD CAPITAL MANAGEMENT, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001269757 BASSWOOD OPPORTUNITY FUND INC BASSWOOD CAPITAL MANAGEMENT L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001519641 BASSWOOD FINANCIAL FUND, L.P. BASSWOOD CAPITAL MANAGEMENT L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001576092 BASSWOOD FINANCIAL FUND, INC. BASSWOOD CAPITAL MANAGEMENT L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization 0001538637 BASSWOOD FINANCIAL LONG ONLY FUND, L.P. BASSWOOD CAPITAL MANAGEMENT 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") 2019-08-08 4 P 0 20297 27.13 A 298622 I See footnotes Common Stock 2019-08-08 4 P 0 2529 27.13 A 39474 I See footnotes Common Stock 2019-08-08 4 P 0 8923 27.13 A 120728 I See footnotes Common Stock 2019-08-08 4 S 0 31749 27.10 D 281431 I See footnotes Common Stock 2019-08-09 4 J 0 74609 27.44 D 206822 I See footnotes Common Stock 2019-08-09 4 J 0 69926 27.44 A 697621 I See footnotes Common Stock 2019-08-09 4 J 0 1644 27.44 A 21188 I See footnotes Common Stock 2019-08-09 4 J 0 3039 27.44 A 39504 I See footnotes Common Stock 7056 I See footnotes See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 Exhibit List: ------------ Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filer Information Exhibit 99.3 - Joint Filers' Signatures BASSWOOD CAPITAL MANAGEMENT, L.L.C., /s/ Matthew Lindenbaum 2019-08-12 EX-99.1 2 b30770068a.htm EXPLANATION OF RESPONSES
Explanation of Responses:

 1.
This Form 4 is filed on behalf of Matthew Lindenbaum, Bennett Lindenbaum, Basswood Capital Management, L.L.C. (“BCM”), Basswood Opportunity Partners, LP (“BOP”), Basswood Opportunity Fund, Inc. (“BOF”), Basswood Financial Fund, LP (“BFF”), Basswood Enhanced Long Short Fund, L.P. (“BELS”), Basswood Enhanced Long Short GP, LLC (“BELS GP”), Basswood Financial Fund, Inc. (“BFF, Inc.”) and Basswood Financial Long Only Fund, LP (“BFLOF”) (collectively, the “Reporting Persons”). BCM is the investment manager or adviser to BFF, Inc., BOF, BFF, BFLOF, BOP and BELS (collectively, the “Funds”) and certain separate managed accounts managed by BCM (the “Managed Accounts”) and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts. BELS GP is the general partner of BELS and may be deemed to have a pecuniary interest in the Common Stock held directly by BELS. Matthew Lindenbaum and Bennett Lindenbaum are the managing members of BCM and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts.  In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by the Funds or Managed Accounts are reported herein. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by the Funds or Managed Accounts, except to the extent of any direct or indirect pecuniary interest therein.

Jonathan D. Brown, a senior analyst at BCM, serves on the board of directors of the Issuer as a representative of the Reporting Persons.  As a result, each of the Reporting Persons 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 Securities Exchange Act of 1934, as amended (the “Exchange Act”), each of the Reporting Persons may be deemed to be a beneficial owner of the shares of Common Stock issued to Jonathan D. Brown. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by Jonathan D. Brown.

2.
Represents a cross-trade of Common Stock between certain of the Funds or Managed Accounts and BELS, in which BELS disposed of and certain of the Funds or Managed Accounts acquired the reported shares.

3.
Common Stock held directly by BOP.

4.
Common Stock held directly by BOF.

5.
Common Stock held directly by BFF.

6.
Common Stock held directly by BELS.

7.
Common Stock held directly by certain of the Managed Accounts.

8.
Common Stock held directly by BFF, Inc.

9.
Common Stock held directly by BFLOF.

10.
Common Stock held directly by Jonathan D. Brown.
EX-99.2 3 b30770068b.htm JOINT FILER INFORMATION
Joint Filers:

1. Name:
Matthew Lindenbaum
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
2. Name:
Bennett Lindenbaum
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
3. Name:
Basswood Capital Management, L.L.C.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
4. Name:
Basswood Enhanced Long Short Fund, L.P.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
5. Name:
Basswood Enhanced Long Short GP, LLC
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
6. Name:
Basswood Opportunity Partners, LP
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
7. Name:
Basswood Opportunity Fund, Inc.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
8. Name:
Basswood Financial Fund, LP
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
9. Name:
Basswood Financial Fund, Inc.
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
   
10. Name:
Basswood Financial Long Only Fund, LP
 
Address: c/o Basswood Capital Management, LLC
 
645 Madison Avenue, 10th Floor
 
New York, NY 10022
EX-99.3 4 b30770068c.htm JOINT FILERS' SIGNATURES
Designated Filer:
Basswood Capital Management, L.L.C.
 
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
August 8, 2019


Joint Filers’ Signatures

   
  /s/ Matthew Lindenbaum                                       
  Matthew Lindenbaum
   
   
  /s/ Bennett Lindenbaum                                         
  Bennett Lindenbaum
   
   
   
  Basswood Capital Management, L.L.C.
     
     
  By: /s/ Matthew Lindenbaum                       
    Name: Matthew Lindenbaum
    Title: Managing Member
     
     
 
Basswood Enhanced Long Short Fund, L.P.
   
   
 
By:
/s/ Matthew Lindenbaum                       
   
Name: Matthew Lindenbaum
   
Title: Managing Member





Designated Filer:
Basswood Capital Management, L.L.C.
 
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
August 8, 2019



 
Basswood Enhanced Long Short GP, LLC
   
 
By:
/s/ Matthew Lindenbaum                       
   
Name: Matthew Lindenbaum
   
Title: Managing Member
   
   
  Basswood Financial Fund, Inc.
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum                       
   
Name: Matthew Lindenbaum
   
Title: Managing Member
   
   
 
Basswood Financial Fund, LP
 
By: Basswood Capital Management, L.L.C.
   
  By: /s/ Matthew Lindenbaum                       
    Name: Matthew Lindenbaum
    Title: Managing Member
   
   




Designated Filer:
Basswood Capital Management, L.L.C.
 
Issuer & Ticker Symbol:
Regional Management Corp. [RM]
Date of Event Requiring Statement:
August 8, 2019


 
Basswood Financial Long Only Fund, LP
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum                       
   
Name: Matthew Lindenbaum
   
Title: Managing Member
   
   
 
Basswood Opportunity Fund, Inc.
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum                       
   
Name: Matthew Lindenbaum
   
Title: Managing Member
   
   
  Basswood Opportunity Partners, LP
 
By: Basswood Capital Management, L.L.C.
   
 
By:
/s/ Matthew Lindenbaum                       
   
Name: Matthew Lindenbaum
   
Title: Managing Member