0001144204-15-066582.txt : 20151117
0001144204-15-066582.hdr.sgml : 20151117
20151117215018
ACCESSION NUMBER: 0001144204-15-066582
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151109
FILED AS OF DATE: 20151117
DATE AS OF CHANGE: 20151117
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RCS Capital Corp
CENTRAL INDEX KEY: 0001568832
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
IRS NUMBER: 383894716
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212.415.6500
MAIL ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KAHANE WILLIAM M
CENTRAL INDEX KEY: 0001189690
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35924
FILM NUMBER: 151239531
MAIL ADDRESS:
STREET 1: AMERICAN REALTY CAPITAL
STREET 2: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
v425081_4.xml
OWNERSHIP DOCUMENT
X0306
4
2015-11-09
0
0001568832
RCS Capital Corp
RCAP
0001189690
KAHANE WILLIAM M
C/O AR CAPITAL, LLC
405 PARK AVE., 14TH FLOOR
NEW YORK
NY
10022
0
0
1
0
Series D-1 Convertible Preferred Stock
2015-11-09
4
J
0
1000000
A
Common Stock
5000000
1000000
I
By AR Capital, LLC
On November 9, 2015, pursuant to a termination agreement and release, AR Capital, LLC ("ARC") purchased from Apollo Principal Holdings I, L.P. ("APH I") 1,000,000 shares of 11% Series D-1 Convertible Preferred Stock (the "Series D-1 Preferred Stock") of the issuer for a purchase price of $25,666,845. Mr. Kahane is a managing member of ARC.
The holders of shares of Series D-1 Preferred Stock have the right, at their option at any time and from time to time, to convert some or all of their shares of Series D-1 Preferred Stock into the number of shares of the issuer's Class A Common Stock obtained by dividing the aggregate liquidation preference of such shares plus an amount equal to all accrued and unpaid dividends from the date immediately following the immediately preceding dividend payment date to the date of conversion by an initial conversion price of $5.00, which will be adjustable upon the occurrence of certain events and transactions to prevent dilution.
/s/ William M. Kahane
2015-11-17