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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Gabriel Gary L. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) NationsRent, Inc. ("NRI") (Month/Day/Year)
(Last) (First) (Middle) 8/6/98 ----------------------------------
450 East Las Olas Blvd., Suite 1400 ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS Identification Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Fort Lauderdale, FL 33301 Person, if an Entity X Director 10% Owner applicable line)
- ---------------------------------------- (Voluntary) ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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*If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect
Exercis- tion Title Number (I)
able Date of Shares (Instr.
5)
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Convertible Promissory Notes 8/6/98 -- Common Stock shs.(1) (1) (D) -N/A-
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Options 8/6/98 8/6/08 Common Stock 50,000 shs. $8.00/sh.(2) (D) -N/A-
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Explanation of Responses: (1) These promissory notes, in an aggregate principal amount of $3.69 million, became convertible in full
upon the consummation of the Company's initial public offering at the initial offering price. The
number of shares has been determined based on the initial public offering price of $8.00 per share.
These promissory notes became pre-payable by the Company following the Company's initial public
offering based on the achievement of certain target trading prices of the Common Stock over specified
periods.
(2) The per share exercise price is equal to the Company's initial public offering price.
/s/ Gary L. Gabriel 8/6/98
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- ------------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Gary L. Gabriel
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure.
(Print or Type Responses)
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