-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ABr94tJQYIuU6/erlPNaDWXZWRT7QJ8q7CJ8r6k3ftOXAxxa16uI/DgJ/UkLvv0f 78hjHHjrkxHQDBGt9AJCDg== 0001019056-10-000809.txt : 20100629 0001019056-10-000809.hdr.sgml : 20100629 20100629144646 ACCESSION NUMBER: 0001019056-10-000809 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100629 DATE AS OF CHANGE: 20100629 GROUP MEMBERS: ARIEL WARSZAWSKI GROUP MEMBERS: FIREFLY MANAGEMENT COMPANY GP, LLC GROUP MEMBERS: FIREFLY VALUE PARTNERS, LP GROUP MEMBERS: FVP GP, LLC GROUP MEMBERS: FVP MASTER FUND, L.P. GROUP MEMBERS: FVP US-Q, LP GROUP MEMBERS: RYAN HESLOP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEMECULA VALLEY BANCORP INC CENTRAL INDEX KEY: 0001172678 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 460476193 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80342 FILM NUMBER: 10922784 BUSINESS ADDRESS: STREET 1: 27710 JEFFERSON AVENUE STREET 2: SUITE A-100 CITY: TEMECULA STATE: CA ZIP: 92590 BUSINESS PHONE: 9096949940 MAIL ADDRESS: STREET 1: 27710 JEFFERSON AVENUE STREET 2: SUITE A-100 CITY: TEMECULA STATE: CA ZIP: 92590 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Firefly Value Partners, LP CENTRAL INDEX KEY: 0001438637 IRS NUMBER: 721616675 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 551 FIFTH AVENUE, 36TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 212-672-9600 MAIL ADDRESS: STREET 1: 551 FIFTH AVENUE, 36TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10176 SC 13D/A 1 temecula_13da6.htm SCHEDULE 13D/A Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
 
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)

Under the Securities Exchange Act of 1934
 
(Amendment No. 6)*

Temecula Valley Bancorp Inc.
(Name of Issuer)
 
Preferred Stock
(Title of Class of Securities)
 
879734200
(CUSIP Number)

Neil M. Cleveland
28046 Del Rio Road, Suite C
Temecula, California 92590
(951) 676-4148
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
 
June 25, 2010
(Date of Event which Requires Filing of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f), or 240.13d-1(g), check the following box: x.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent.
 
* 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 disclosures provided in a prior cover page.
 
The information required on 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.
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
Ryan Heslop
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
N/A
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
United States
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
885,435
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
885,435
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  885,435
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                          40.0%
14
Type of Reporting Person (See Instructions)
IN
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
Ariel Warszawski
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
N/A
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
United States
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
885,435
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
885,435
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  885,435
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                        40.0%
14
Type of Reporting Person (See Instructions)
IN
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
Firefly Value Partners, LP
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
N/A
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
Delaware
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
885,435
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
885,435
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  885,435
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                          40.0%
14
Type of Reporting Person (See Instructions)
PN
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
FVP GP, LLC
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
N/A
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
Delaware
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
885,435
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
885,435
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  885,435
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                          40.0%
14
Type of Reporting Person (See Instructions)
OO
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
Firefly Management Company GP, LLC
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
N/A
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
Delaware
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
885,435
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
885,435
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  885,435
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                          40.0%
14
Type of Reporting Person (See Instructions)
OO
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
FVP Master Fund, L.P.
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
WC
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
371,9 21
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
371,921
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  371,921
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                          16.8%
14
Type of Reporting Person (See Instructions)
PN
 
 
 

 
 
CUSIP No. 879734200
 
 1
Names of Reporting Persons.
 
FVP US-Q, LP
 2
Check the Appropriate Box if a Member of a Group (See Instruction)
 
(a) o
(b) x
 3
SEC Use Only
 4
Source of Funds
WC
 5
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
 6
Citizenship or Place of Organization
Delaware
Number of
Shares
Beneficially
by
Owned by
Each
Reporting
Person
With
7
 Sole Voting Power  
0
8
 Shared Voting Power
513,514
9
 Sole Dispositive Power 
0
10
 Shared Dispositive Power 
513,5 14
 11
Aggregate Amount Beneficially Owned by Each Reporting Person                  513,514
12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
13
Percent of Class Represented by Amount in Row (11)                          23.2%
14
Type of Reporting Person (See Instructions)
PN
 
 
 

 
 
Introduction
 
This Amendment No. 6 (“Amendment No. 6”) amends Items 3 and 5 of the Schedule 13D originally filed by (i) FVP Master Fund, L.P., a Cayman Islands exempted limited partnership (“FVP Master Fund”), (ii) FVP US-Q, LP, a Delaware limited partnership (“FVP Fund” and, together with the FVP Master Fund, “Funds”), (iii) Firefly Value Partners, LP, a Delaware limited partnership (“Firefly Partners”), which serves as the investment manager of the Funds pursuant to investment management agreements, (iv) FVP GP, LLC, a Delaware limited liability company (“FVP GP”), which serves as the general partner of the Funds, (v) Firefly Management Company GP, LLC, a Delaware limited liability company (“Firefly Management”), which serves as the general partner of Firefly Partners, and (vi) Messrs. Ryan Heslop and Ariel Warszawski, the managing members of FVP GP and Firefly Management (all of the foregoing, collectively, “Reporting Persons”) on April 23, 2010 (the “Original Statement”), Amendment No. 1 to the Original Statement filed on May 5, 2010 (“Amendment No. 1”), Amendment No. 2 to the Original Statement filed on May 7, 2010 (“Amendment No. 2”), Amendment No. 3 to the Original Statement filed on May 11, 2010 (“Amendment No. 3”), Amendment No. 4 to the Original Statement filed on June 4, 2010 (“Amendment No. 4”) and Amendment No. 5 to the Original Statement filed on June 9, 2010 (“Amendment No. 5”). This Amendment No. 6 relates to Trust Preferred Securities (“Shares”) of Temecula Valley Bancorp, Inc. Unless specifically amended hereby, the disclosure set forth in the Original Statement, as amended by Amendment No. 1, Amendment No. 2, Am endment No. 3, Amendment No. 4 and Amendment No. 5, shall remain unchanged.
 
Item 3 Source and Amount of Funds or Other Consideration
 
The gross investment costs (including commissions, if any) of the Shares purchased by the Reporting Persons is approximately $387,499.34, at purchase prices ranging from $0.05 to $0.7766 per Share. The source of these funds was the working capital of the Funds, for which Firefly Partners act as investment manager.
 
Item 5. Interest in Securities of the Issuer
 
a.
The responses of the Reporting Persons to Items (11) and (13) on the cover pages of this Amendment No. 6 are incorporated herein by reference. The total number of Shares outstanding is 2,213,750.
   
b.
The responses of the Reporting Persons to Items (7) through (10) on the cover pages of this Amendment No. 6 are incorporated herein by reference.
   
c.
See Item 3, above, and Item 4 in the Original Statement. The transactions in the Issuer’s securities by each of FVP Master Fund and FVP Fund in the last sixty days are listed as ANNEX A attached hereto and made a part hereof.
   
d.
None.
   
e.
Not applicable.
 
 
 

 
 
ANNEX A
 
Account
 
Date
 
Buy/Sell
 
Number of
Shares1
 
Price per
Share ($)
FVP Master Fund
 
May 4, 2010
 
Buy
  12,581     0.4767  
FVP Fund
 
May 4, 2010
 
Buy
  18,919     0.4767  
FVP Master Fund
 
May 4, 2010
 
Buy
  20,196     0.4800  
FVP Fund
 
May 4, 2010
 
Buy
  30,369     0.4800  
FVP Master Fund
 
May 5, 2010
 
Buy
  1,997     0.5000  
FVP Fund
 
May 5, 2010
 
Buy
  3,003     0.5000  
FVP Master Fund
 
May 5, 2010
 
Buy
  2,698     0.4912  
FVP Fund
 
May 5, 2010
 
Buy
  4,057     0.4912  
FVP Master Fund
 
May 6, 2010
 
Buy
  1,997     0.4800  
FVP Fund
 
May 6, 2010
 
Buy
  3,003     0.4800  
FVP Master Fund
 
May 7, 2010
 
Buy
  3,994     0.4800  
FVP Fund
 
May 7, 2010
 
Buy
  6,006     0.4800  
FVP Master Fund
 
May 7, 2010
 
Buy
  1,358     0.4800  
FVP Fund
 
May 7, 2010
 
Buy
  2,042     0.4800  
FVP Master Fund
 
May 10, 2010
 
Buy
  1,198     0.5000  
FVP Fund
 
May 10, 2010
 
Buy
  1,802     0.5000  
FVP Master Fund
 
May 10, 2010
 
Buy
  499     0.4500  
FVP Fund
 
May 10, 2010
 
Buy
  751     0.4500  
FVP Master Fund
 
May 11, 2010
 
Buy
  53,440     0.7766  
FVP Fund
 
May 11, 2010
 
Buy
  80,361     0.7766  
FVP Master Fund
 
May 11, 2010
 
Buy
  2,037     0.7078  
FVP Fund
 
May 11, 2010
 
Buy
  3,063     0.7078  
FVP Master Fund
 
May 12, 2010
 
Buy
  399     0.4500  
FVP Fund
 
May 12, 2010
 
Buy
  601     0.4500  
FVP Master Fund
 
May 13, 2010
 
Buy
  381     0.4600  
FVP Fund
 
May 13, 2010
 
Buy
  572     0.4600  
FVP Master Fund
 
May 26, 2010
 
Buy
  4,254     0.5344  
FVP Fund
 
May 26, 2010
 
Buy
  6,396     0.5344  
FVP Master Fund
 
June 2, 2010
 
Buy
  3,768     0.5500  
FVP Fund
 
June 2, 2010
 
Buy
  6,232     0.5500  
FVP Master Fund
 
June 2, 2010
 
Buy
  489     0.5500  
FVP Fund
 
June 2, 2010
 
Buy
  810     0.5500  
FVP Master Fund
 
June 3, 2010
 
Buy
  1,168     0.5800  
FVP Fund
 
June 3, 2010
 
Buy
  1,932     0.5800  
FVP Master Fund
 
June 4, 2010
 
Buy
  6,039     0.6900  
FVP Fund
 
June 4, 2010
 
Buy
  9,987     0.6900  
FVP Master Fund
 
June 7, 2010
 
Buy
  22,608     0.6800  
FVP Fund
 
June 7, 2010
 
Buy
  37,392     0.6800  
FVP Master Fund
 
June 7, 2010
 
Buy
  1,130     0.6200  
FVP Fund
 
June 7, 2010
 
Buy
  1,870     0.6200  
FVP Master Fund
 
June 10, 2010
 
Buy
  2,643     0.7573  
FVP Fund
 
June 10, 2010
 
Buy
  4,372     0.7573  
FVP Master Fund
 
June 11, 2010
 
Buy
  3,354     0.7699  
FVP Fund
 
June 11, 2010
 
Buy
  5,546     0.7699  
FVP Master Fund
 
June 17, 2010
 
Buy
  754     0.5500  
FVP Fund
 
June 17, 2010
 
Buy
  1,246     0.5500  
FVP Master Fund
 
June 22, 2010
 
Buy
  1,130     0.7000  
FVP Fund
 
June 22, 2010
 
Buy
  1,870     0.7000  
FVP Master Fund
 
June 25, 2010
 
Buy
  2,466     0.7709  
FVP Fund
 
June 25, 2010
 
Buy
  4,079     0.7709  
 
1 All transactions relate to Trust Preferred shares, as described in Item 1 on the Original Statement.
 
 
 

 
 
Signature
 
After reasonable inquiry, and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Dated: June 29, 2010
/s/ Ryan Heslop
 
Ryan Heslop
   
 
Ariel Warszawski
 
Firefly Value Partners, LP
 
FVP GP, LLC
 
Firefly Management Company GP, LLC
 
FVP Master Fund, L.P.
 
FVP US-Q, LP
   
 
/s/ Ariel Warszawski
 
Ariel Warszawski, for himself and as
 
Managing Member of FVP GP (for itself and as general partner of each of the Funds) and Firefly Management (for itself and as general partner of Firefly Partners)
 
 
 

 
 

 
 
 
-----END PRIVACY-ENHANCED MESSAGE-----