0001209191-14-006347.txt : 20140203
0001209191-14-006347.hdr.sgml : 20140203
20140203100852
ACCESSION NUMBER: 0001209191-14-006347
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140131
FILED AS OF DATE: 20140203
DATE AS OF CHANGE: 20140203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BankUnited, Inc.
CENTRAL INDEX KEY: 0001504008
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 270162450
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 14817 OAK LANE
CITY: MIAMI LAKES
STATE: FL
ZIP: 33016
BUSINESS PHONE: (305) 569-2000
MAIL ADDRESS:
STREET 1: 14817 OAK LANE
CITY: MIAMI LAKES
STATE: FL
ZIP: 33016
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROSS WILBUR L JR
CENTRAL INDEX KEY: 0001026610
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35039
FILM NUMBER: 14566764
MAIL ADDRESS:
STREET 1: 328 EL VEDADO ROAD
CITY: PALM BEACH
STATE: FL
ZIP: 33480
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-01-31
0
0001504008
BankUnited, Inc.
BKU
0001026610
ROSS WILBUR L JR
319 CLEMATIS STREET
ROOM 1000 (10TH FLOOR)
WEST PALM BEACH
FL
33401
1
0
0
0
Common Stock, par value $0.01 per share
2014-01-31
4
S
0
2113378
31.40
D
3448314
I
See Footnotes
Common Stock, par value $0.01 per share
100
D
Reflects the sale of BankUnited, Inc.'s common stock, par value $0.01 per share ("Common Stock"), consisting of 1,916,141 shares sold by WLR Recovery Fund IV, L.P., 7,696 shares sold by WLR IV Parallel ESC, L.P. and 189,541 shares sold by WLR/GS Master Co-Investment, L.P. on January 31, 2014.
Each of the reporting person and the entities referenced in these footnotes disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.
WLR Recovery Fund IV, L.P. ("Fund IV") owns 3,126,492 shares of Common Stock of the issuer. 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 Common Stock owned by Fund IV.
WLR IV Parallel ESC, L.P. (the "Parallel Fund") owns 12,556 shares of Common Stock of the issuer. 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. 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 Common Stock owned by the Parallel Fund and to take whatever action, including voting such Common Stock, (continued in footnote 5)
(continued from footnote 4) 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 Common Stock owned by the Parallel Fund.
WLR/GS Master Co-Investment, L.P. (the "Co-Invest Fund") owns 309,266 shares of Common Stock of the issuer. 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 Master Co-Investment GP, LLC. WLR Master Co-Investment GP, LLC is the general partner of the Co-Invest Fund. WL Ross & Co. LLC serves as the investment manager to the Co-Invest Fund. Accordingly, each of WL Ross & Co. LLC, Wilbur L. Ross, Jr., El Vedado, LLC, WL Ross Group, L.P. and WLR Master Co-Investment GP, LLC may be deemed to be a beneficial owner of some or all the shares of Common Stock owned by the Co-Invest Fund.
/s/ Susan Greenfield, as Attorney-in-Fact
2014-02-03