REGIS CORP — Director's Dealing 2012

Sep 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REGIS CORP (rgs)
CIK: 0000716643
Period of Report: 2012-08-30

Reporting Person: Beltzman Daniel Gordon (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-30	Common Stock	P	55236	$18.0369	Acquired	745021	Indirect
2012-08-30	Common Stock	P	226675	$18.0369	Acquired	3725431	Indirect
2012-08-30	Common Stock	P	245489	$18.0369	Acquired	2024145	Indirect
2012-08-31	Common Stock	P	1204	$17.932	Acquired	746225	Indirect
2012-08-31	Common Stock	P	4973	$17.932	Acquired	3730404	Indirect
2012-08-31	Common Stock	P	5351	$17.932	Acquired	2029496	Indirect
2012-09-04	Common Stock	P	1355	$17.9812	Acquired	747580	Indirect
2012-09-04	Common Stock	P	5579	$17.9812	Acquired	3735983	Indirect
2012-09-04	Common Stock	P	6021	$17.9812	Acquired	2035517	Indirect

Footnotes

F1: These securities are owned directly by Birch Run Capital Partners, L.P., Walnut BRC, L.P. and Torch BRC, L.P. (collectively, "the Funds"). As of the date of this filing: Birch Run Capital Partners, L.P. is the record owner of 747,580 shares; Walnut BRC, L.P. is the record owner of 3,735,983 shares; and Torch BRC, L.P. is the record owner of 2,035,517 shares.

F2: Birch Run Capital GP, LLC serves as General Partner to Birch Run Capital Partners, L.P. Walnut BRC GP, LLC serves as General Partner to Walnut BRC, L.P. Torch BRC GP, LLC serves as General Partner to Torch BRC, L.P. (collectively, "the General Partners"). Birch Run Capital, LLC ("Birch") serves as the registered investment adviser to the Funds. Daniel Beltzman (the "Reporting Person") and Gregory Smith are the co-Managing Members of Birch Run Capital, LLC and the General Partners. The General Partners, Birch, the Reporting Person, Gregory Smith and the Funds may be deemed to share voting and dispositive power over the report securities.

F3: Each of the Reporting Person, Birch, the Funds, Gregory Smith and the General Partners disclaim beneficial ownership of any interests of the reported securities in excess of such person's or entity's respective pecuniary interest in the securities. This report shall not be deemed an admission that the Reporting Person, Birch, the Funds, Gregory Smith or each of the General Partners is the beneficial owner of such interests for purposes of Section 16 or any other purpose.