4//SEC Filing
INVESCO WLR IV Associates LLC 4
Accession 0001209191-14-010980
CIK 0001360683other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 6:47 PM ET
Size
117.2 KB
Accession
0001209191-14-010980
Insider Transaction Report
Form 4
ROSS WILBUR L JR
Director10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
El Vedado, LLC
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
Invesco Private Capital, Inc.
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
INVESCO WLR IV Associates LLC
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
WL ROSS & CO LLC
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
WL Ross Group, L.P.
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
WLR IV PARALLEL ESC LP
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
WLR Recovery Associates IV LLC
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
WLR Recovery Fund IV LP
10% Owner
Transactions
- Sale
Class A Common Stock, par value $1.00 per share
2014-02-14$13.00/sh−3,615,065$46,995,845→ 10,424,022 total(indirect: See Footnotes)
Footnotes (5)
- [F1]Reflects the sale of Class A Common Stock of the issuer consisting of 3,600,605 shares sold by WLR Recovery Fund IV, L.P. and 14,460 shares sold by WLR IV Parallel ESC, L.P. on February 14, 2014.
- [F2]Each of the Reporting Persons disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.
- [F3]WLR Recovery Fund IV, L.P. ("Fund IV") owns 10,382,326 shares of Class A Common Stock of the issuer and warrants to purchase 2,519,298 shares of Class A Common Stock of the issuer (1,616,669 expiring on April 30, 2020, 108,686 expiring on February 21, 2022 and 793,943 expiring on December 27, 2022). Wilbur L. Ross, Jr. is the president and chief executive officer of WL Ross & Co. LLC and the managing member of El Vedado, LLC. El Vedado, LLC is the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC. WLR Recovery Associates IV LLC is the general partner of Fund IV. WL Ross & Co. LLC serves as the investment manager to Fund IV. Accordingly, each of WL Ross & Co. LLC, Wilbur L. Ross, Jr., El Vedado, LLC, WL Ross Group, L.P. and WLR Recovery Associates IV LLC may be deemed to be a beneficial owner of some or all the shares of Class A Common Stock owned by Fund IV.
- [F4](FN 3 con'td) WLR IV Parallel ESC, L.P. (the "Parallel Fund") owns 41,696 shares of Class A Common Stock of the issuer and warrants to purchase 10,118 shares of Class A Common Stock of the issuer (6,493 expiring on April 30, 2020, 436 expiring on February 21, 2022 and 3,189 expiring on December 27, 2022). Wilbur L. Ross, Jr. is the managing member of El Vedado, LLC and the chairman and president of Invesco Private Capital, Inc. El Vedado, LLC is the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC. Invesco Private Capital, Inc. is the managing member of INVESCO WLR IV Associates LLC, which in turn is the general partner of the Parallel Fund.
- [F5](FN 4 cont'd) INVESCO WLR IV Associates LLC and WLR Recovery Associates IV LLC have entered into a parallel investment agreement pursuant to which WLR Recovery Associates IV LLC has been appointed as representative and attorney of the Parallel Fund to, among other things, exercise all rights, powers and privileges with respect to the Class A Common Stock owned by the Parallel Fund and to take whatever action, including voting such Class A Common Stock, as WLR Recovery Associates IV LLC in its discretion deems fit. Accordingly, each of Wilbur L. Ross, Jr., El Vedado, LLC, WL Ross Group, L.P., WLR Recovery Associates IV LLC, Invesco Private Capital, Inc. and INVESCO WLR IV Associates LLC may be deemed to be a beneficial owner of some or all the shares of Class A Common Stock owned by the Parallel Fund.
Issuer
TALMER BANCORP, INC.
CIK 0001360683
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001429294
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 6:47 PM ET
- Size
- 117.2 KB