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TLMR Talmer Bancorp, Inc.

23.26
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Talmer Bancorp, Inc. NASDAQ:TLMR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 23.26 23.50 23.99 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

21/02/2014 9:48pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ROSS WILBUR L JR
2. Issuer Name and Ticker or Trading Symbol

TALMER BANCORP, INC. [ TLMR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

319 CLEMATIS STREET, ROOM 1000 (10TH FLOOR)
3. Date of Earliest Transaction (MM/DD/YYYY)

2/21/2014
(Street)

WEST PALM BEACH, FL 33401
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $1.00 per share   2/21/2014     S (1)    759443   D $13.00   9664579   (1) (2) (3) (4) (5) I   See Footnotes   (1) (2) (3) (4) (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Reflects the sale of Class A Common Stock of the issuer consisting of 756,405 shares sold by WLR Recovery Fund IV, L.P. and 3,038 shares sold by WLR IV Parallel ESC, L.P. on February 21, 2014 pursuant to the underwriters' full exercise of their option to purchase additional shares of Class A Common Stock in connection with the initial public offering of the issuer.
( 2)  Each of the Reporting Persons disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.
( 3)  WLR Recovery Fund IV, L.P. ("Fund IV") owns 9,625,921 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.
( 4)  (FN 3 con'td) WLR IV Parallel ESC, L.P. (the "Parallel Fund") owns 38,658 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.
( 5)  (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.

Remarks:
Exhibit 99.1 (Joint Filer Information) incorporated herein by reference.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ROSS WILBUR L JR
319 CLEMATIS STREET
ROOM 1000 (10TH FLOOR)
WEST PALM BEACH, FL 33401
X X

El Vedado, LLC
319 CLEMATIS STREET
ROOM 1000 (10TH FLOOR)
WEST PALM BEACH, FL 33401

X

Invesco Private Capital, Inc.
C/O WL ROSS & CO. LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X

INVESCO WLR IV Associates LLC
C/O WL ROSS & CO. LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X

WL ROSS & CO LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X

WL Ross Group, L.P.
C/O WL ROSS & CO. LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X

WLR IV PARALLEL ESC LP
C/O WL ROSS & CO. LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X

WLR Recovery Associates IV LLC
C/O WL ROSS & CO. LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X

WLR Recovery Fund IV LP
C/O WL ROSS & CO. LLC
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036

X


Signatures
/s/ Wilbur L. Ross, Jr. 2/21/2014
** Signature of Reporting Person Date


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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.

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