-----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, RiJSspVAnHZ5u6crLBsHiqYNFjhCbbtnpbDQH3XwXHX4KdREQvCdBoKnhqUnavbj rc0ZA2XoxoGeX+MJLEyllQ== 0001021102-01-500009.txt : 20010421 0001021102-01-500009.hdr.sgml : 20010421 ACCESSION NUMBER: 0001021102-01-500009 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010419 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANKATLANTIC BANCORP INC CENTRAL INDEX KEY: 0000921768 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 650507804 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-43699 FILM NUMBER: 1606303 BUSINESS ADDRESS: STREET 1: 1750 E SUNRISE BLVD CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 BUSINESS PHONE: 9547605000 MAIL ADDRESS: STREET 1: 1750 EAST SUNRISE BOULEVARD CITY: FORT LAUDERVALE STATE: FL ZIP: 33304 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AIG SOUNDSHORE HOLDINGS LTD CENTRAL INDEX KEY: 0001021102 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 980191909 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1281 EAST MAIN STREET CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 4412952121 MAIL ADDRESS: STREET 1: 29 RICHMOND ROAD STREET 2: PEMBROKE HM11 CITY: BERMUDA STATE: D0 FORMER COMPANY: FORMER CONFORMED NAME: SOUNDSHORE HOLDINGS LTD DATE OF NAME CHANGE: 19981124 FORMER COMPANY: FORMER CONFORMED NAME: SOUNDSHORE PARTNERS LP /BD DATE OF NAME CHANGE: 19980309 FORMER COMPANY: FORMER CONFORMED NAME: SOUNDSHORE PARTNERS LP /BD DATE OF NAME CHANGE: 19980303 SC 13G 1 bankatlantic.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c)AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) BANKATLANTIC BANCORP INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 065908501 (CUSIP Number) AIG SoundShore Holdings Ltd. c/o DKR Management Company Inc. 1281 East Main Street Stamford, Connecticut 06902 (203) 324-8400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 10, 2001 (Date of Event Which Requires Filing of this Statement) Check the following 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 information required in the remainder of this cover page shall 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. 065908501 1. Name of Reporting Person I.R.S. Identification Nos. of Above Persons (entities only) AIG SoundShore Holdings Ltd. IRS # - 98-0191909 2. Check the Appropriate Box If A Member Of A Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizen Or Place Of Organization: Delaware Number of Shares beneficially owned by each reporting Person with 5. Sole Voting Power 9,731,000 corporate bonds convertible into 1,707,193 shares of common stock 6. Shared Voting Power 0 7. Sole Dispositive Power 9,731,000 corporate bonds convertible into 1,707,193 sharesof common stock 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 9,731,000 corporate bonds convertible into 1,707,193 shares of common stock 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instruction) 11. Percent of Class Represented by Amount in Row 9 5.10% of Common Stock 12. Type of Reporting Person (See Instructions) CO CUSIP No. 065908501 Item 1: Security and Issuer 1(a) Name of Issuer BankAtlantic Bancorp Inc. 1(b) Address of Issuer's Principal Executive Offices 1750 East Sunrise Boulevard Fort Lauderdale, Florida 33304 United States Item 2: Identity and Background 2(a) Name of person Filing: AIG SoundShore Holdings Ltd. 2(b) Address of Principal Business Office or, if none, Residence: The address of the reporting person is: 29 Richmond Road Pembroke, HM08 Bermuda 2(c) Citizenship/ Corporation organized A corporation organized and existing under the Companies Act of 1981 of Bermuda 2(d) Title of Class of Security Common Stock 2(e) Cusip Number 065908501 Item 3: If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(c) promulgated under the Securities Exchange Act of 1934, check whether the filing is a: N/A (Filing as a Passive Investor) a. Broker or Dealer registered under Section 15 of the Act, b. Bank as defined in Section 3(a)(6) of the Act, b. Insurance Company as defined in Section 3(a)(19) of the Act, c. Investment Company registered under Section 8 of the Investment Company Act, d. Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E), f. Employee Benefit Plan, or Endowment Fund in accordance with Rule 13d-1(b)(ii)(F), g. Parent Holding Company or Control Person, in accordance with Rule 13d-1(b)(ii)(G); (Note: see Item 7) h. A saving 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 form the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; j. Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4: Ownership 4(a) Amount Beneficially Owned The corporate bonds do not have any voting rights. As of May 10, 2001, an aggregate of 9,731,000 corporate bonds convertible into 1,707,193 shares of common stock were beneficially owned by AIG SoundShore Holdings Ltd. AIG SoundShore Holdings Ltd. disclaims beneficial ownership of the holdings reported herein. 4(b) Percent of Class 5.10 % (The percentage was calculated by dividing 1,707,193 shares if common stock held by AIG SoundShore Holdings Ltd. upon exercise of the corporate bonds by 33,448,197 (which represents the sum of 31,741,000 shares (outstanding based on the latest information provided by Bloomberg) and 1,707,193 shares(representing the number of shares that would be held by AIG SoundShore Holdings Ltd. upon the exercise of the corporate bond). 4(c) Number of shares as to which the person has (i) Sole Power to vote or to direct the vote 9,731,000 corporate bonds convertible into 1,707,193 shares of common stock CUSIP No. 065908501 (ii) Shared power to vote or to direct the vote 0 (iii) Sole power to dispose or to direct the disposition of 9,731,000 corporate bonds convertible into 1,707,193 shares of common stock (iv) Shared power to dispose or to direct the disposition of 0 Instruction: For computation regarding securities which represent a right to acquire an underlying security see Rule 13d-3(d)(1). 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 Instruction: Dissolution of a group requires a response to this item. Item 6: Ownership of More than Five percent on Behalf of Another Person. Basso Securities Ltd. ("Basso") has entered into an Advisory Services Agreement with DKR Management Company Inc.(DKRMCI), a registered investment adviser, to act as the portfolio manager to AIG SoundShore Holdings Ltd. (the "Fund"), a fund managed by DKRMCI. As such, DKRMCI, the investment advisor to the Fund and Basso Securities Ltd., the portfolio manager, has more than five percent interest in the security and has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such security. Form 13G has been filed by DKRMCI and Basso reflecting AIG SoundShore Holdings Ltd.'s position in this security and positions in this security held by other funds to which DKRMCI acts as the investment manager and Basso acts as the portfolio manager. Item 7: Reported on By the Parent Holding Company. If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identity of each member of the group. Not Applicable CUSIP No. 065908501 Item 8: Identification and Classification of Members of the Group. If a group his filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so indicate under item 3(h) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identity of each member of the group. Not Applicable Item 9: Notice of Dissolution of Group Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of he group, in their individual capacity. See item 5. Not Applicable Item 10: Certification By signing below I certify that, to the best of my 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 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. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: April 17, 2001 /s/ Anthony Giordano Anthony Giordano Director -----END PRIVACY-ENHANCED MESSAGE-----