Filing Details

Accession Number:
0001209191-11-006544
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-02 19:43:13
Reporting Period:
2011-02-02
Filing Date:
2011-02-02
Accepted Time:
2011-02-02 19:43:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1504008 Bankunited Inc. BKU Savings Institution, Federally Chartered (6035) 270162450
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1026610 Jr L Wilbur Ross 319 Clematis Street
Room 1000 (10Th Floor)
West Palm Beach FL 33401
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Disposition 2011-02-02 6,703,558 $27.00 13,671,169 No 4 S Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share Disposition 2011-02-02 24,499 $27.00 49,962 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
No 4 S Direct
Footnotes
  1. WLR Recovery Fund IV, L.P. ("Fund IV") sold 6,100,144 shares of common stock and, as a result of the sale, holds directly 12,440,575 shares of common stock. WLR/GS Master Co-Investment, L.P. ("WLR/GS Fund") sold 603,414 shares of common stock and, as a result of the sale, holds directly 1,230,594 shares of common stock. Wilbur L. Ross, Jr. is the Chairman and Chief Executive Officer of WL Ross & Co. LLC and the managing member of El Vedado, LLC, the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC and WLR Master Co-Investment GP, LLC. WLR Recovery Associates IV LLC is the general partner of Fund IV and WLR Master Co-Investment GP, LLC is the general partner of WLR/GS Fund. WL Ross & Co. LLC is the investment manager of Fund IV and WLR/GS Fund.
  2. Each of the Reporting Persons disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.
  3. WLR IV Parallel ESC, L.P. ("Parallel Fund") sold 24,499 shares of common stock and, as a result of the sale, holds directly 49,962 shares of common stock. Invesco Private Capital, Inc. is the managing member of INVESCO WLR IV Associates LLC, which is in turn the general partner of Parallel Fund. WL Ross & Co. LLC is the investment manager of the Parallel Fund.