SEC Form 4 · accession 0000899243-16-021254
CASCADE BANCORP · CACB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F Vassallo
10% Owner
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 7:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000865911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 26, 2016 | A | 4,569 | $0.00 | A | 27,661 | I | See Footnote |
| Common StockF3 | holding | — | — | — | 11,438,500 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 30,250 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were granted to Lightyear Capital II, LLC in respect of director compensation to Mr. Chris Casciato.
- F2The shares are held directly by Lightyear Capital II, LLC. The sole member of Lightyear Capital II, LLC is Lightyear Capital LLC. The managing member of Lightyear Capital LLC is Mr. Mark F. Vassallo. As sole member of Lightyear Capital II, LLC, Lightyear Capital LLC may also be deemed to be the beneficial owner of such securities. As the managing member of Lightyear Capital LLC, Mr. Mark F. Vassallo may also be deemed to be the beneficial owner of such securities.
- F3The shares are held directly by Lightyear Fund II, L.P. The general partner of Lightyear Fund II, L.P. is Lightyear Fund II GP, L.P. The general partner of Lightyear Fund II GP, L.P. is Lightyear Fund II GP Holdings, LLC. The managing member of Lightyear Fund II GP Holdings, LLC is LY Holdings, LLC. The managing member of LY Holdings, LLC is Mr. Mark F. Vassallo. As the sole general partner of Lightyear Fund II, L.P., Lightyear Fund II GP, L.P. may also be deemed to be the beneficial owner of such securities. As the general partner of Lightyear Fund II GP, L.P., Lightyear Fund II GP Holdings, LLC may also be deemed to be the beneficial owner of such securities. As the managing member of Lightyear Fund II GP Holdings, LLC, LY Holdings, LLC may also be deemed to be the beneficial owner of such securities. As the managing member of LY Holdings, LLC, Mr. Mark F. Vassallo may also be deemed to be the beneficial owner of such securities.
- F4The shares are held directly by Lightyear Co-Invest Partnership II, L.P. The general partner of Lightyear Co-Invest Partnership II, L.P. is Lightyear Fund II GP Holdings, LLC. The managing member of Lightyear Fund II GP Holdings, LLC is LY Holdings, LLC. The managing member of LY Holdings, LLC is Mr. Mark F. Vassallo. As the general partner of Lightyear Co-Invest Partnership II, L.P., Lightyear Fund II GP Holdings, LLC may also be deemed to be the beneficial owner of such securities. As the managing member of Lightyear Fund II GP Holdings, LLC, LY Holdings, LLC may also be deemed to be the beneficial owner of such securities. As the managing member of LY Holdings, LLC, Mr. Mark F. Vassallo may also be deemed to be the beneficial owner of such securities.
Remarks
Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Securities Exchange Act of 1934, as amended (the "Act"), the Reporting Person may be deemed to be the beneficial owner of the securities reported herein only to the extent of his pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount.