-----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, U3751ID1UoEo93I4Zt1ovjU0s1UWEaiF+L0yX/dAUVrmFjhzqzotbGE6r27vTmLO coFvz5bXhO9WCG1yqFwXfg== 0000950170-01-000254.txt : 20010224 0000950170-01-000254.hdr.sgml : 20010224 ACCESSION NUMBER: 0000950170-01-000254 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010216 GROUP MEMBERS: FROST PHILLIP MD ET AL GROUP MEMBERS: FROST-NEVADA CORPORATION GROUP MEMBERS: FROST-NEVADA, LIMITED PARTNERSHIP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANKUNITED FINANCIAL CORP CENTRAL INDEX KEY: 0000894490 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 650377773 STATE OF INCORPORATION: FL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-43701 FILM NUMBER: 1549204 BUSINESS ADDRESS: STREET 1: 255 ALHAMBRA CIRCLE CITY: CORAL GABLES STATE: FL ZIP: 33134 BUSINESS PHONE: 3055692000 MAIL ADDRESS: STREET 1: 255 ALHAMBRA CIRCLE CITY: CORAL GABLES STATE: FL ZIP: 33134 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FROST PHILLIP MD ET AL CENTRAL INDEX KEY: 0000898860 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 4400 BISCAYNE BLVD CITY: MIAMI STATE: FL ZIP: 33137-3227 BUSINESS PHONE: 3055756001 MAIL ADDRESS: STREET 1: 4400 BISCAYNE BLVD CITY: MIAMI STATE: FL ZIP: 33137-3227 SC 13G/A 1 0001.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 BANKUNITED FINANCIAL CORPORATION -------------------------------- (Name of Issuer) Class A Common Stock -------------------- (Title of Class of Securities) 06652B-10-3 ----------- (Cusip Number) December 31, 2000 ----------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filed 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 (however, see the Notes). (Continued on following page(s)) Page 1 - ---------------------- ------------------------ CUSIP No. 06652B-10-3 13G Page 2 - ---------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PHILLIP FROST, M.D. - -------------------------------------------------------------------------------- 2 Check the appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFI- --------------------------------------------------------- CIALLY 6 SHARED VOTING POWER OWNED BY 1,222,545 EACH --------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 WITH --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,222,545 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,222,545 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - ---------------------- ------------------------ CUSIP No. 06652B-10-3 13G Page 3 - ---------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FROST-NEVADA, LIMITED PARTNERSHIP IRS I.D. #59-2749083 - -------------------------------------------------------------------------------- 2 Check the appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION NEVADA - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFI- --------------------------------------------------------- CIALLY 6 SHARED VOTING POWER OWNED BY 1,222,545 EACH --------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 WITH --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,222,545 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,222,545 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ---------------------- ------------------------ CUSIP No. 06652B-10-3 13G Page 4 - ---------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FROST-NEVADA CORPORATION IRS I.D. #59-274-9057 - -------------------------------------------------------------------------------- 2 Check the appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION NEVADA - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFI- -------------------------------------------------------- CIALLY 6 SHARED VOTING POWER OWNED BY 1,222,545 EACH -------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,222,545 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,222,545 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Item 1. (a) Name of Issuer: -------------- BankUnited Financial Corporation (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 255 Alhambra Circle Coral Gables, FL 33134 Item 2. (a) Name of Persons Filing: ---------------------- Phillip Frost, M.D. ("Frost") Frost Nevada Limited Partnership ("FNLP") Frost Nevada Corporation ("FNC") (b) Address of Principal Business Office or, if none, Residence: ----------------------------------------------------------- The address of the principal office of Frost is: 4400 Biscayne Boulevard Miami, Florida 33137 The address of the principal office of FNLP is: 3500 Lakeside Court, Suite 200 Reno, Nevada 89509 The address of the principal office of FNC is: 3500 Lakeside Court, Suite 200 Reno, Nevada 89509 (c) Citizenship: ----------- Frost is a United States citizen FNLP is a limited partnership organized in the state of Nevada FNC is a Nevada corporation (d) Title of Class of Securities: ---------------------------- Class A Common Stock, $.01 par value (the "Shares") (e) CUSIP Number: ------------ 06652B-10-3 Page 5 Item 3. If this statement is filed pursuant to (section) 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(G). Item 4. Ownership: Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owed: 1,222,545* (b) Percent of class: 6.9%** (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct vote: 1,222,545* (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,222,545* - ---------------------------- * Except as described below, these Shares are owned of record by one or more of the Reporting Persons. As the sole limited partner of FNLP and the sole shareholder of FNC, the general partner of FNLP, Dr. Frost may be deemed a beneficial owner of the Shares. Record ownership of the Shares may be transferred from time to time among any or all of Dr. Frost, FNLP and FNC. Accordingly, solely for purposes of reporting beneficial ownership of the Shares pursuant to section 13(d) under the Securities Page 6 Exchange Act of 1934, as amended, each of Dr. Frost, FNLP and FNC will be deemed to be the beneficial owner of Shares held by any of them. Also includes 9,671 Shares owned by Dr. Frost's wife of which the Reporting Persons disclaim beneficial ownership. ** Based on 17,794,408 Shares outstanding as of December 13, 2000, as reported on the Issuer's Annual Report on Form 10-K for the year ended September 30, 2000 as filed with the Securities and Exchange Commission on December 28, 2000. Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |_| . Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not Applicable. Item 8. Identification and Classification of Members of the Group: Not Applicable. Item 9. Notice of Dissolution of Group: Not Applicable. Item 10. Certification: By signing below the undersigned certify that, to the best of the undersigned's knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 7 SIGNATURES After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. /s/Phillip Frost, M.D. -------------------------------------------- Date: February 16, 2001 Phillip Frost, M.D. FROST-NEVADA, LIMITED PARTNERSHIP /s/David Moskowitz -------------------------------------------- Date: February 16, 2001 David Moskowitz President of Frost-Nevada Corporation, General Partner FROST-NEVADA CORPORATION /s/David Moskowitz -------------------------------------------- Date: February 16, 2001 David Moskowitz President Page 8 EXHIBIT INDEX Exhibit Description - ------- ----------- 1 Joint Filing Agreement. Page 9 EX-1 2 0002.txt EXHIBIT 1 The undersigned hereby agree that this Schedule 13G filed by us with respect to the Class A Common Stock, $.01 par value, of BankUnited Financial Corporation is filed on behalf of each of us. /s/Phillip Frost, M.D. -------------------------------------------- Date: February 16, 2001 Phillip Frost, M.D. FROST-NEVADA, LIMITED PARTNERSHIP /s/David Moskowitz -------------------------------------------- Date: February 16, 2001 David Moskowitz President of Frost-Nevada Corporation, General Partner FROST-NEVADA CORPORATION /s/David Moskowitz -------------------------------------------- Date: February 16, 2001 David Moskowitz President Page 10 -----END PRIVACY-ENHANCED MESSAGE-----