Sec Form 4 Filing - Palladium Equity Partners III, L.L.C. @ Regional Management Corp. - 2013-09-25

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Palladium Equity Partners III, L.L.C.
2. Issuer Name and Ticker or Trading Symbol
Regional Management Corp. [ RM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
ROCKEFELLER CENTER, 1270 AVENUE OF THE AMERICAS, SUITE 2200
3. Date of Earliest Transaction (MM/DD/YY)
09/25/2013
(Street)
NEW YORK, NY10020
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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, par value $0.10 per share 09/25/2013 S 2,547,335 D $ 26.2625 ( 1 ) 1,143,240 ( 2 ) I See footnote ( 3 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Palladium Equity Partners III, L.L.C.
ROCKEFELLER CENTER
1270 AVENUE OF THE AMERICAS, SUITE 2200
NEW YORK, NY10020
X X
Palladium Equity Partners III L P
ROCKEFELLER CENTER
1270 AVENUE OF THE AMERICAS, SUITE 2200
NEW YORK, NY10020
X X
Rodriguez Marcos A
ROCKEFELLER CENTER
1270 AVENUE OF THE AMERICAS, SUITE 2200
NEW YORK, NY10020
X X
Signatures
Palladium Equity Partners III, L.P. * Name: Marcos A. Rodriguez Title: Managing Member, Palladium Equity Partners III, L.L.C. 09/27/2013
Signature of Reporting Person Date
Palladium Equity Partners III, L.L.C. * Name: Marcos A. Rodriguez Title: Managing Member 09/27/2013
Signature of Reporting Person Date
* Signature of Reporting Person 09/27/2013
Signature of Reporting Person Date
*By: /s/ Erik A. Scott Attorney-in-Fact for Marcos A. Rodriguez 09/27/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This amount represents the $27.50 public offering price per share of the common stock of Regional Management Corp. (the "Issuer") less the underwriting discount of $1.2375 per share.
( 2 )The amount stated includes 4,000 shares subject to options either currently exercisable or exercisable within 60 days of the date hereof, over which Palladium Equity Partners III, L.P. will not have voting or investment power until the options are exercised. The Issuer granted such options to David Perez and Erik A. Scott, who are designees of Palladium Equity Partners III, L.P. serving on the Issuer's board of directors, on March 27, 2012. Pursuant to arrangements between Palladium Equity Partners III, L.P., Mr. Perez, and Mr. Scott, Messrs. Perez and Scott are not permitted to retain stock options granted by the Issuer to each of Messrs. Perez and Scott, and each of Messrs. Perez and Scott is required to hold such securities for the benefit of Palladium Equity Partners III, L.P.
( 3 )These shares of common stock of the Issuer are held by Palladium Equity Partners III, L.P. The general partner of Palladium Equity Partners III, L.P. is Palladium Equity Partners III, L.L.C. Marcos A. Rodriguez is the managing member of Palladium Equity Partners III, L.L.C.

Remarks:
David Perez and Erik A. Scott serve on the board of directors of the Issuer as representatives of the Reporting Persons. Mr. Perezis chairman of the board of directors of the Issuer and a Managing Director of Palladium Equity Partners III, L.P. Mr. Scott is a memberof the board of directors of the Issuer and a Managing Director of Palladium Equity Partners III, L.P.Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Persons state that this filing shallnot be an admission that the Reporting Persons are the beneficial owners of any of the securities reported herein, and the ReportingPersons disclaim beneficial ownership of such securities except to the extent of the Reporting Persons' pecuniary interest therein.

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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