Washington, D.C. 20549

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

(Date of Event Which Requires Filing of this Statement)

 

 

CUSIP No.		208242107

CUSIP No.		208242107

CUSIP No.		208242107

CUSIP No.		208242107

CUSIP No.		208242107

CUSIP No.		208242107

Preliminary Note: This Amendment No. 2 to Schedule 13D relates to shares of common stock, par value $.01 per share (“Common Stock”) of Conn’s Inc., a Delaware corporation. This Amendment No. 2 amends and supplements (i) the Schedule 13D originally filed on February 6, 2009 with the Securities and Exchange Commission (the “Commission”) and (ii) Amendment No. 1 filed on February 12, 2010 with the Commission (collectively the “Prior Filings” and collectively with this Amendment No. 2 the “Statement”). Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed thereto in the Prior Filings. Except as set forth below, there are no changes to the Prior Filings with respect to the reporting persons.

ITEM 4 PURPOSE OF TRANSACTION

Item 4 of the Statement is supplemented by adding the following:

On October 22, 2010 the Issuer issued a press release, a copy of which was filed on such date by the Issuer with the Commission on Form 8-K, announcing that its board of directors had approved a possible rights offering (the “Rights Offering”) whereby shareholders of record as of the close of business on November 1, 2010 would receive one right for every share of Common Stock held by them as of such date. The press release stated that the Issuer expects the rights to carry a basic subscription right and an oversubscription right. As stated in the press release, certain affiliates of The Stephens Group, LLC that own approximately 25.97% of the outstanding shares of Common Stock have indicated to the Issuer that it is their present intention to exercise their basic subscription rights and oversubscription rights in full, subject to their review of the final terms of the possible Rights Offering as determined by the Issuer and announced on the commencement date of the Rights Offering. Such affiliates are comprised of the following reporting persons: W.R. Stephens, Jr. Revocable Trust, Snow Lake Holdings, Inc., Jon E.M. Jacoby, and SG-1890, LLC. Except as provided in Item 4 of this Statement, the reporting persons do not have any plans or proposals which relate to or would result in (i) any extraordinary corporate transactions involving the Issuer, or (ii) any of the other actions set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D.

ITEM 5 INTEREST IN SECURITIES OF THE ISSUER

Items 5(a) and 5(b) of the Statement are amended and restated to read in their entirety as follows:

(a, b) The following table discloses the beneficial ownership of the Common Stock by the reporting persons and their respective directors and control persons. Because of interrelationships among the various reporting persons, certain shares of the Common Stock may be reported as being beneficially owned by more than one person.

		Number of
		Shares				Percent of
		Beneficially				Outstanding				Voting Power								Dispositive Power
Name		Owned				Shares				Sole				Shared				Sole				Shared
SG-1890, LLC			5,767,060				25.63	%			5,767,060				0				0				0
Snow Lake Holdings, Inc			785				0.00	%			785				0				0				0
W.R. Stephens, Jr. Revocable Trust			424				0.00	%			424				0				0				0
Jon E.M. Jacoby			73,588				0.33	%			73,588				0				73,588				0

ITEM 7 MATERIAL TO BE FILED AS EXHIBITS

Exhibit 1 Agreement to File Joint Schedule 13D

CUSIP No.		208242107

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CUSIP No.		208242107

EXHIBIT INDEX

Exhibit 1		Agreement to File Joint Schedule 13D

CUSIP No.		208242107

EXHIBIT 1

AGREEMENT TO FILE JOINT SCHEDULE 13D

Each of the undersigned (the “Reporting Persons”), being a record owner or “beneficial owner’ of the common stock on Conn’s Inc. (“Common Stock”), hereby agrees to jointly file a Schedule 13D with respect to their respective holdings of the Common Stock and to include this agreement as an exhibit to such Schedule 13D.

[Signature Page Follows]

CUSIP No.		208242107

IN WITNESS WHEREOF, each of the undersigned has executed and delivered this agreement as of the 12^th day of February.

THE STEPHENS GROUP, LLC						W. R. STEPHENS, JR. REVOCABLE TRUST
By:						By:
		Ronald M. Clark Senior Vice President & General Counsel						W. R. Stephens, Jr. Trustee
SNOW LAKE HOLDINGS, INC.
By:						By:
		Robert L. Schulte Director						Jon E. M. Jacoby
SG-1890, LLC
By:		The Stephens Group, LLC
		Its Manager
By:
		Ronald M. Clark Senior Vice President & General Counsel