0000902664-15-003658.txt : 20150916 0000902664-15-003658.hdr.sgml : 20150916 20150916163419 ACCESSION NUMBER: 0000902664-15-003658 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150909 FILED AS OF DATE: 20150916 DATE AS OF CHANGE: 20150916 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC MERCANTILE BANCORP CENTRAL INDEX KEY: 0001109546 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 330898238 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 949 SOUTH COAST DRIVE STREET 2: THIRD FLOOR CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 714-438-2500 MAIL ADDRESS: STREET 1: 949 SOUTH COAST DRIVE STREET 2: THIRD FLOOR CITY: COSTA MESA STATE: CA ZIP: 92626 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SBAV GP LLC CENTRAL INDEX KEY: 0001627209 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30777 FILM NUMBER: 151110597 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP INC. STREET 2: 601 LEXINGTON AVE., 51ST FL. CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC. STREET 2: 601 LEXINGTON AVE., 51ST FL. CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SBAV LP CENTRAL INDEX KEY: 0001519604 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30777 FILM NUMBER: 151110598 BUSINESS ADDRESS: STREET 1: 601 LEXINGTON AVENUE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: 601 LEXINGTON AVENUE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hall George E. CENTRAL INDEX KEY: 0001566939 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30777 FILM NUMBER: 151110599 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC, 601 LEXINGTON AVE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10021 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Relational Opportunity LLC CENTRAL INDEX KEY: 0001577073 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30777 FILM NUMBER: 151110600 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP INC. STREET 2: 601 LEXINGTON AVENUE, 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC. STREET 2: 601 LEXINGTON AVENUE, 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLINTON GROUP INC CENTRAL INDEX KEY: 0001134119 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30777 FILM NUMBER: 151110602 BUSINESS ADDRESS: STREET 1: 601 LEXINGTON AVE. STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128250400 MAIL ADDRESS: STREET 1: 601 LEXINGTON AVE. STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Relational Opportunity Master Fund, L.P. CENTRAL INDEX KEY: 0001567108 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30777 FILM NUMBER: 151110601 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP, INC. STREET 2: 601 LEXINGTON AVE., 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP, INC. STREET 2: 601 LEXINGTON AVE., 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 p15-1880form4.xml PACIFIC MERCANTILE BANCORP X0306 4 2015-09-09 0 0001109546 PACIFIC MERCANTILE BANCORP PMBC 0001134119 CLINTON GROUP INC 601 LEXINGTON AVE. 51ST FLOOR NEW YORK NY 10022 0 0 0 1 See remarks. 0001519604 SBAV LP 601 LEXINGTON AVENUE 51ST FLOOR NEW YORK NY 10022 0 0 0 1 See remarks. 0001627209 SBAV GP LLC C/O CLINTON GROUP INC. 601 LEXINGTON AVE., 51ST FL. NEW YORK NY 10022 0 0 0 1 See remarks. 0001566939 Hall George E. C/O CLINTON GROUP INC, 601 LEXINGTON AVE 51ST FLOOR NEW YORK NY 10021 0 0 0 1 See remarks. 0001567108 Clinton Relational Opportunity Master Fund, L.P. C/O CLINTON GROUP, INC. 601 LEXINGTON AVE, 51ST FLOOR NEW YORK NY 10022 0 0 0 1 See remarks. 0001577073 Clinton Relational Opportunity LLC C/O CLINTON GROUP INC. 601 LEXINGTON AVENUE, 51ST FLOOR NEW YORK NY 10022 0 0 0 1 See remarks. Common Stock 2015-09-09 4 S 0 1100 6.90 D 151370 I See footnotes Common Stock 2015-09-10 4 S 0 63792 6.90 D 87578 I See footnotes Common Stock 2015-09-11 4 S 0 24116 6.70 D 63462 I See footnotes The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.90 to $6.903, inclusive. The Reporting Person undertakes to provide to Pacific Mercantile Bancorp, any security holder of Pacific Mercantile Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (5) and (6) to this Form 4. By virtue of (i) its ownership of Clinton Relational Opportunity, LLC, a Delaware limited liability company ("CRO"), which serves as the investment manager of Clinton Relational Opportunity Master Fund, L.P., a Cayman Islands exempted limited partnership ("CREL"), (ii) serving as the investment manager of SBAV LP, a Delaware limited partnership ("SBAV") and (iii) a sub-advisory agreement governing a mutual fund portfolio ("WKCAX"), Clinton Group, Inc., a Delaware corporation ("Clinton") has voting power and investment discretion with respect to the securities reported herein which are held by CREL, SBAV and WKCAX. By virtue of serving as the general partner of SBAV, SBAV GP (as defined below) has voting power and investment discretion with respect to the securities reported herein which are held by SBAV. By virtue of serving as the investment manager of CREL, CRO has voting power and investment discretion with respect to the securities reported herein which are held by CREL. Mr. George Hall serves as the Chief Executive Officer of Clinton and as the managing member of SBAV GP, LLC, a Delaware limited liability company ("SBAV GP"). Mr. George E. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his direct and indirect control of Clinton. The Reporting Persons disclaim beneficial ownership of such securities, and this report shall not be deemed an admission that any Reporting Person is the beneficial owners of the securities for the purpose of Section 16 or for any other purpose, except to the extent of such Reporting Person's pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.8148 to $6.90, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.701 to $6.7046, inclusive. Mr. Daniel Strauss, an employee of Clinton, serves as a member of the board of directors of the Issuer. The Reporting Persons may therefore be deemed to be a director by deputization. Clinton Group, Inc., By: /s/ George Hall, its President 2015-09-16 /s/ George Hall 2015-09-16 /s/ SBAV LP, By: SBAV GP LLC, its General Partner, By: George Hall, its Managing Member 2015-09-16 SBAV GP LLC, By: George Hall, its Managing Member 2015-09-16 Clinton Relational Opportunity Master Fund, L.P., By: Clinton Relational Opportunity, LLC, its Investment Manager, By :/s/ John Hall, its Authorized Signatory 2015-09-16 Clinton Relational Opportunity, LLC, By: /s/ John Hall, its Authorized Signatory 2015-09-16