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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
<TABLE>
<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 Trading Symbol |
| | Statement | |
| Gabriel Troy L. | (Month/Day/Year) | |
|------------------------------------------| | NationsRent, Inc. (NRI) |
| (Last) (First) (Middle) | |-----------------------------------------------------------|
| | 05/12/00 |5. Relationship of Reporting | 6. If Amendment, Date |
| 450 East Las Olas Boulevard |---------------------------| Person to Issuer | of Original |
|------------------------------------------|3. IRS Identification | (Check all applicable) | (Month/Day/Year) |
| (Street) | Number of Reporting | | |
| | Person, if an Entity |[ ] Director [ ] 10% Owner | |
| | (Voluntary) | | |
| | |[X] Officer [ ] Other (specify| |
| | | (give below) |-------------------------|
| | | title below) | 7. Individual or Joint/ |
| | | Vice President and | Group Filing (Check |
| Ft. Lauderdale, Florida 33301 | | Chief Operating Officer | applicable line) |
|--------------------------------------------------------------------------------------------------------| |
| (City) (State) (Zip) | [X] Form Filed by |
| | One Reporting |
| | Person |
| | [ ] Form Filed by |
| | More than One |
| | Reporting Person |
|----------------------------------------------------------------------------------------------------------------------------------|
| TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED |
|----------------------------------------------------------------------------------------------------------------------------------|
|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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</TABLE>
* 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.
(Print or Type Responses)
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<TABLE>
<CAPTION>
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 Owner- |
| | Expiration Date | Derivative Securities | Exercise | Form of | ship (Instr. 5) |
| | (Month/Day/Year )| (Instr. 4) | Price of | Deriva- | |
| | | | Deriva- | tive | |
| | | | tive | Security:| |
| | | | Security | Direct | |
| |--------------------|--------------------------| | (D) or | |
| | Date | Expira- | | Amount or | | Indirect | |
| | Exercis-| tion | Title | Number of | | (I) | |
| | able | Date | | Shares | | (Instr. | |
| | | | | | | 5) | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| Unsecured Convertible | | | | | | | |
| Subordinated Promissory Note | 08/12/98 |10/01/01 | Common Stock | 250,000 | $8.00/sh. | (I) | (1) |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| Stock Options | (2) |12/31/07 | Common Stock | 56,876 |$4.39558/sh.| (D) | -N/A- |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| Stock Options | (3) |06/29/09 | Common Stock | 100,000 |$5.5625/sh. | (D) | -N/A- |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| Stock Options | (4) |03/22/10 | Common Stock | 150,000 |$4.625/sh. | (D) | -N/A- |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
|---------------------------------|----------|---------|--------------|-----------|------------|-------------|---------------------|
| | | | | | | | |
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Explanation of Responses:
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(1) Held by the Gary L. Gabriel Grantor Retained Annuity Trust Alpha, of which
Troy L. Gabriel is trustee.
(2) These options were granted on 12/31/97 and vest in four equal annual
installments beginning 12/31/98.
(3) These options were granted on 06/29/99 and vest in four equal annual
installments beginning 06/29/00.
(4) These options were granted on 03/22/00 and vest in four equal annual
installments beginning 03/22/01.
/s/ Troy L. Gabriel 5/22/2000
** 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
Troy L. Gabriel
Note. File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
(Print or Type Responses) Page 2
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