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*
Ledlow David

(Last) (First) (Middle)
C/O RSC HOLDINGS INC.
6929 E. GREENWAY PARKWAY, SUITE 200

(Street)
SCOTTSDALE AZ 85254

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RSC Holdings Inc. [ RRR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Operations
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 04/30/2012 D 30,200(1) D (4) 0 D
Common Stock 04/30/2012 D 26,800(2) D (5) 0 D
Common Stock 04/30/2012 D 17,700(3) D (6) 0 D
Common Stock 04/30/2012 D 15,700(2) D (7) 0 D
Common Stock 04/30/2012 D 53,642 D (8) 0 D
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
Employee Stock Options $6.52 04/30/2012 D 1,503 04/30/2012 12/04/2016 Common Stock 1,503(9) (11) 0 D
Employee Stock Options $10 04/30/2012 D 19,900 04/20/2014 04/20/2020 Common Stock 19,900(10) (12) 0 D
Employee Stock Options $12 04/30/2012 D 19,900 04/20/2014 04/20/2020 Common Stock 19,900(10) (13) 0 D
Employee Stock Options $14 04/30/2012 D 19,900 04/20/2014 04/20/2020 Common Stock 19,900(10) (14) 0 D
Employee Stock Options $16 04/30/2012 D 10,900 04/20/2015 04/20/2021 Common Stock 10,900(10) (15) 0 D
Employee Stock Options $17 04/30/2012 D 11,700 04/20/2015 04/20/2021 Common Stock 11,700(10) (16) 0 D
Employee Stock Options $18 04/30/2012 D 12,600 04/20/2015 04/20/2021 Common Stock 12,600(10) (17) 0 D
Explanation of Responses:
1. This represents an award of performance based restricted stock units, a contingent right to receive the specified number of shares of Issuer's common stock upon vesting. A total of 45,300 performance based restricted stock units were granted subject to a combination of time and performance vesting based on continued service through the 15th day following the last day of the Performance Period which is December 31, 2012. As a result of the merger between United Rentals, Inc. ("URI") and Issuer, 30,200 of such restricted stock units were deemed "earned" and the balance was forfeited. The original service vesting schedule shall continue to apply to earned restricted stock units, subject to "double-trigger" accelerated vesting if the reporting person is either involuntarily terminated or constructively terminated following the merger.
2. This represents an award of time based restricted stock units, a contingent right to receive the specified number of shares of Issuer's common stock upon vesting. The original service vesting schedule shall continue to apply to these restricted stock units, subject to "double-trigger" accelerated vesting if the reporting person is either involuntarily terminated or constructively terminated following the merger.
3. This represents an award of performance based restricted stock units, a contingent right to receive the specified number of shares of Issuer's common stock upon vesting. A total of 26,550 performance based restricted stock units were granted subject to a combination of time and performance vesting based on continued service through the 15th day following the last day of the Performance Period which is December 31, 2013. As a result of the merger, 17,700 of such restricted stock units were deemed "earned" and the balance was forfeited. The original service vesting schedule shall continue to apply to earned restricted stock units, subject to "double-trigger" accelerated vesting if the reporting person is either involuntarily terminated or constructively terminated following the merger.
4. The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 15,586 shares of URI common stock.
5. The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 13,831 shares of URI common stock.
6. The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 9,134 shares of URI common stock.
7. The restricted stock units were assumed by URI in the merger and replaced with restricted stock units in respect of 8,102 shares of URI common stock.
8. Disposed of pursuant to the merger agreement between Issuer and URI. In the merger, each share of Issuer's common stock was exchanged for $10.80 plus 0.2783 shares of URI common stock having a market value of $46.68 per share on the effective date of the merger.
9. The vesting of the option was accelerated as of the closing of the merger.
10. The original vesting schedule continues to apply to the option subject to "double-trigger" accelerated vesting if the reporting person is either involuntary terminated or constructively terminated following the merger.
11. This option was assumed by URI in the merger and replaced with an option to purchase 775 shares of URI common stock for $12.64 per share.
12. This option was assumed by URI in the merger and replaced with an option to purchase 10,270 shares of URI common stock for $19.38 per share.
13. This option was assumed by URI in the merger and replaced with an option to purchase 10,270 shares of URI common stock for $23.26 per share.
14. This option was assumed by URI in the merger and replaced with an option to purchase 10,270 shares of URI common stock for $27.13 per share.
15. This option was assumed by URI in the merger and replaced with an option to purchase 5,625 shares of URI common stock for $31.01 per share.
16. This option was assumed by URI in the merger and replaced with an option to purchase 6,038 shares of URI common stock for $32.94 per share.
17. This option was assumed by URI in the merger and replaced with an option to purchase 6,502 shares of URI common stock for $34.88 per share.
/s/ Kevin J. Groman, Attorney-in-Fact for David Ledlow 05/01/2012
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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