SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
13d-2(a)
Amendment No. 4
Rent-A-Center, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
76009N 10 0
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(CUSIP Number)
John F. Hartigan, Esq.
Morgan, Lewis & Bockius LLP
300 S. Grand Avenue
Los Angeles, CA 90071
(213) 612-2500
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 29, 2002
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box. [_]
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Investment Fund IV, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
6,597,774
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8 SHARED VOTING POWER
277,684
NUMBER OF SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING PERSON 6,597,774
WITH
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10 SHARED DISPOSITIVE POWER
277,684
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,875,458 shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.0%
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14 TYPE OF REPORTING PERSON
PN
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CUSIP No. 76 009N 10 0 13D Page 2 of 7
Page 2 of 7
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Overseas Partners IV, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
354,016
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8 SHARED VOTING POWER
277,684
NUMBER OF SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING PERSON 354,016
WITH
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10 SHARED DISPOSITIVE POWER
277,684
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
631,700 shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.8%
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14 TYPE OF REPORTING PERSON
PN
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CUSIP No. 76 009N 10 0 13D Page 3 of 7
Page 3 of 7
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION OF ABOVE PERSON
Apollo Advisors IV, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
6,951,790
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8 SHARED VOTING POWER
277,684
NUMBER OF SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING PERSON 6,951,790
WITH
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10 SHARED DISPOSITIVE POWER
277,684
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,229,474 SHARES OF COMMON STOCK
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* /X/
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.6%
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14 TYPE OF REPORTING PERSON
PN
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CUSIP No. 76 009N 10 0 13D Page 4 of 7
Page 4 of 7
This Amendment No. 4 to Schedule 13D supplements and amends the following
items of the Statement on Schedule 13D of Apollo Investment Fund IV, L.P.,
Apollo Overseas Partners IV, L.P. and Apollo Advisors IV, L.P. (the "Reporting
Persons") originally filed on August 17, 1998, Amendment No. 1 filed on August
27, 1998, Amendment No. 2 filed on October 8, 2001 and Amendment No. 3 filed on
May 14, 2002 with respect to the shares of common stock, par value $.01 per
share (the "Common Stock"), of Rent-A-Center, Inc. ("Rent-A-Center" or the
"Issuer").
Responses to each item of this Schedule, as applicable, are incorporated by
reference into the response to each other item.
Item 1. Security and Issuer
Item 2. Identity and Background
Item 3. Source and Amount of Funds or Other Consideration
Item 4. Purpose of Transaction
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended by deleting it in its entirety and substituting
the following therefor:
On May 29, 2002, AIFIV, Overseas IV and Bear Stearns (collectively, the
"Selling Stockholders") sold an aggregate of 3,500,000 shares of Common Stock
pursuant to an underwritten offering as discussed in the registration statement
on Form S-3 (File No. 333-87752) filed by the Issuer with the Securities and
Exchange Commission on May 7, 2002 (thereafter amended on May 9, 2002, May 20,
2002 and May 22, 2002, as amended, the "Registration Statement").
In the sale, AIFIV sold 3,194,174 shares of Common Stock and Overseas IV
sold 171,384 shares of Common Stock. If the underwriters of the offering
exercise the overallotment option granted to them by the Selling Stockholders in
the underwriting agreement governing the transaction, AIFIV may sell up to an
additional 479,126 shares of Common Stock and Overseas IV may sell up to an
additional 25,707 shares of Common Stock. The underwriters must exercise their
overallotment option, if at all, prior to June 21, 2002.
Following such sale (and without giving effect to any exercise of the
underwriters' overallotment option), the Reporting Persons beneficially own
193,050 shares of Series A Preferred Stock and 44 shares of Common Stock. Each
share of Series A Preferred Stock is convertible into approximately 36.01 shares
of Common Stock for an aggregate of 6,951,746 shares of Common Stock. Assuming
the conversion of all of the shares of Series Preferred Stock as of the date
hereof, the Common Stock beneficially owned by the Reporting Persons would
represent approximately 20.0% of the outstanding Common Stock of the Issuer.
Beneficial ownership of such shares of Series A Preferred Stock was acquired as
described in Item 3 and Item 4.
Pursuant to an agreement entered into among AIFIV, Overseas IV, Bear
Stearns MB 1998-1999 Pre-Fund, LLC, as successor in interest of RC Acquisition
Corp. ("Bear Stearns") and the Issuer, the Reporting Persons may be deemed to
have shared voting and/or dispositive power with respect to an
Page 5 of 7
additional 7,711 shares of Series A Preferred Stock, which are convertible into
approximately 277,684 shares of Common Stock. The Reporting Persons disclaim any
beneficial ownership except to the extent of their pecuniary interest.
See also the information contained on the cover pages to this Amendment No.
4 to Schedule 13D which is incorporated hereby by reference.
(a) See the information contained on the cover pages to this Amendment
No. 4 to Schedule 13D which is incorporated herein by reference.
(b) There have been no reportable transactions with respect to the
Common Stock of the Issuer within the last 60 days by the Reporting
Persons, except as described in this Amendment No. 4 to Schedule 13D.
(c) Not applicable.
(d) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Item 6 is hereby amended and supplemented as follows:
On May 22, 2002, the Selling Stockholders entered into an Underwriting
Agreement with Morgan Stanley & Co. Incorporated, Bear Stearns & Co. Inc.,
Lehman Brothers Inc., Sun Trust Capital Markets, Inc. and Wachovia Securities,
Inc. (collectively, the "Underwriters") and the Issuer for the sale of 3,500,000
shares of Common Stock beneficially owned by the Selling Stockholders. Pursuant
to the Underwriting Agreement, the Selling Stockholders have granted the
Underwriters the right to purchase up to an additional 525,000 shares of Common
Stock to cover over-allotments.
Item 7. Material to Be Filed as Exhibits
Page 6 of 7
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of each of
the undersigned, each of the undersigned certifies that the information set
forth in this statement with respect to such person is true, complete and
correct.
Date: June 3, 2002 APOLLO INVESTMENT FUND IV, L.P.
By: APOLLO ADVISORS IV, L.P.
Its General Partner
By: APOLLO CAPITAL
MANAGEMENT IV, INC.
Its General Partner
By: /s/ Michael D. Weiner
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Michael D. Weiner
Vice President
Date: June 3, 2002 APOLLO OVERSEAS PARTNERS IV, L.P.
By: APOLLO ADVISORS IV, L.P.
Its Managing General Partner
By: APOLLO CAPITAL
MANAGEMENT IV, INC.
Its General Partner
By: /s/ Michael D. Weiner
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Michael D. Weiner
Vice President
Date: June 3, 2002 APOLLO ADVISORS IV, L.P.
By: APOLLO CAPITAL MANAGEMENT IV,
INC.
Its General Partner
By: /s/ Michael D. Weiner
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Michael D. Weiner
Vice President