SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
WC CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
300 DRAKES LANDING RD
STE 230

(Street)
GREENBRAE CA 94904

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/26/2008
3. Issuer Name and Ticker or Trading Symbol
SUNRISE TELECOM INC [ SRTI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 950,901 I See Note(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These securities represent the pecuniary interest of WC Capital Management, LLC, a California limited liability company ("WC"), Aaron H. Braun (collectively with WC, the "Filers") and their affiliates in securities held directly by an investment limited partnership of which WC is the general partner and investment adviser, for the benefit of that partnership's investors. WC is an investment adviser certified in the State of California. Mr. Braun is the manager and controlling owner of WC. The Filers are filing this Form 3 jointly, but not as a group, and each of them expressly disclaims membership in a group within the meaning of rule 13d-5(b)(1) under the Securities Exchange Act of 1934. These securities are held by a different partnership than those reported on the Filers' Form 3 for the same date filed with respect to that other partnership's holdings of the Issuer's common stock. Neither partnership holds more than 10% of such common stock.
WC Capital Management, LLC, by Aaron H. Braun, Manager 04/20/2009
** 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 5 (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.
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