------------ FORM 4 ------------ ------------------------- OMB APPROVAL ------------------------- OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response....0.5 ------------------------- 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 |_| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See instruction 1(b). (Print or Type Responses) -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Apollo Investment Fund IV, L.P. -------------------------------------------------------------------------------- (Last) (First) (Middle) Two Manhattanville Road -------------------------------------------------------------------------------- (Street) Purchase NY 10577 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name Ticker or Trading Symbol United Rental, Inc. (URI) -------------------------------------------------------------------------------- 3. I.R.S. or Identification of Reporting Person if an entity (Voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Day/Year 12/13/2002 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer [_] Other (give title below) (specify below) -------------------------------------------------------------------------------- 7. 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 ================================================================================ 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of 3. Transaction or Disposed of (D) Securities Form: Direct Indirect Code(Instr.8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial 1. Title of -------------- ------------------------ Owned at End of Indirect (I) Ownership Security 2. Transaction Date Code V Amount (A) Price Month (Instr. 4) (Instr. 4) (Instr. 3) (Month/Day/Year) or (Instr. 3 and 4) Common Stock, par (D) value $0.01 per share ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 12/13/02 P 4935 (A) $8.29 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 12/13/02 P 2088 (A) $8.30 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 12/13/02 P 5029 (A) $8.35 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 435,108 (D)(1) ------------------------------------------------------------------------------------------------------------------------------------ ------------------ (1) Apollo Advisors IV, L.P. ("Advisors IV") is the general partner of the Reporting Person. Apollo Capital Management IV, Inc. ("Management") is the general partner of Advisors IV. Leon D. Black and John J. Hannan are the directors and principal executive officers of Management IV. The Reporting Person, Advisors IV and Messrs. Black and Hannan and their respective affiliates disclaim beneficial ownership of all shares of the Issuer in excess of their respective pecuniary interests, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. 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) Potential persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. (Over) SEC 1474 (9-02) FORM 4 (continued) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------- 1. Title of 2. Conver- 3. Trans- 4. Trans 5. Number of 6. Date 7. Title and 8. Price of 9. Num 10. Ownership 11. Nature Derivative sion or action action Derivative Exercisable Amount of Deriv- ber Form of of In- Security Exercise Date Code Securities and Expiration Under- ative of Deriv- direct (Instr. 3) Price of (Month/ (Instr. Acquired (A) Date lying Security Deriv- ative Benefi- Deriva- Day/ 8) or Disposed (Month/ (Securities (Instr. 5) ative Security: cial tive Year) -------- of (D) Day/Year) (Instr. Secur- Direct Owner- Security Code V (Instr. --------------- 3 and 4) ities (D) or ship 3, 4, Date Expira- -------------- Bene- Indirect (Instr. and 5) Exer- tion Title Amount ficially (I) 4) ----------- cisable Date or Owned (Instr. 4) (A) (D) Number at End of of Month Shares (Instr. 4) --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- Explanation of Responses: ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Michael D. Weiner December 16, 2002 ------------------------------- ----------------- **Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 SEC 1474 (9-02)