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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Aaron’s, Inc.
(Name of Issuer)
Common Stock, Par Value $0.50 Per Share
(Title of Class of Securities)
002535300
(CUSIP Number)
December 31, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ Rule 13d-1(d)

* 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 the disclosures provided in a prior cover page.

The information required in 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 (“Act”) 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).

 
 

 

                     
CUSIP No.
  
002535300 
  

 

           
1   NAMES OF REPORTING PERSONS
R. CHARLES LOUDERMILK
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  UNITED STATES OF AMERICA
       
  5   SOLE VOTING POWER
     
NUMBER OF   6,719,974 shares of Common Stock
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   N/A
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   6,719,974 shares of Common Stock
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    N/A
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,719,974 shares of Common Stock
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  8.29% of the outstanding Common Stock
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

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Item 1.
  (a)   Name of Issuer:
 
            
 
      Aaron’s, Inc.
 
            
 
  (b)   Address of Issuer’s Principal Executive Offices:
 
            
 
      309 E. Paces Ferry Road, N.E.
Atlanta’ Georgia 30305
 
            
Item 2.
  (a)   Name of Person Filing:
 
            
 
      R. Charles Loudermilk
 
            
 
  (b)   Address of Principal Business Office or, if None, Residence:
 
            
 
      Aaron’s, Inc.
309 E. Paces Ferry Road, N.E.
Atlanta’ Georgia 30305
 
            
 
  (c)   Citizenship:
 
            
 
      United States of America
 
            
 
  (d)   Title of Class of Securities:
 
            
 
      Common Stock, Par Value $0.50 Per Share
 
            
 
  (e)   CUSIP Number:
 
            
 
      002535300  
Item 3.  
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
Not applicable.
Item 4.  
Ownership.
  (a)  
Amount beneficially owned: 6,719,974 shares of Common Stock
 
  (b)  
Percent of class: 8.29% of the outstanding Common Stock

 

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  (c)  
Number of shares as to which such person has:
  (i)  
Sole power to vote or to direct the vote: 6,719,974 shares of Common Stock
 
  (ii)  
Shared power to vote or to direct the vote: Not applicable.
 
  (iii)  
Sole power to dispose or to direct the disposition of: 6,719,974 shares of Common Stock
 
  (iv)  
Shared power to dispose or to direct the disposition of: Not applicable.
Item 5.  
Ownership of Five Percent or Less of a Class.
   
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
Item 6.  
Ownership of More than Five Percent on Behalf of Another Person.
   
Not applicable.
Item 7.  
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not applicable.
Item 8.  
Identification and Classification of Members of the Group.
Not applicable.
Item 9.  
Notice of Dissolution of Group.
Not applicable.
Item 10.  
Certification.
Not applicable. This Schedule is being filed pursuant to 13d-1(d).

 

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Signature
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this Statement is true, complete and correct.
         
February 14, 2011   
   
/s/ R. Charles Loudermilk    
  R. Charles Loudermilk   
     
 

 

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