SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Trustcorp (Jersey) Ltd as Trustee of the E D & F Man 2009 Employee Trust

(Last) (First) (Middle)
PO BOX 393, 7-11 BRITANNIA PLACE
BATH STREET

(Street)
ST. HELIER JE4 8US

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Shermen WSC Acquisition Corp [ SACQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/28/2009 S 5,015,244 D (1) 1,056 D(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The consideration for the sale of these shares was 11,191,526 shares of E D & F Man Holdings Limited, a privately held English limited liability company ("ED&F"). The closing price of Westway Group, Inc.'s (f/k/a Shermen WSC Acquisition Corp.) common stock on the date of the reported transaction, May 28, 2009, was $5.95 per share.
2. The shares sold in the reported transaction were directly beneficially owned by Trustcorp (Jersey) Limited, as trustee of E D & F Man 2009 Employee Trust (the "Trustee"), and indirectly beneficially owned, for purposes of Rule 13d-3 under the Securities Exchange Act 1934, as amended, by ED&F, as settlor of E D & F Man 2009 Employee Trust (the "Trust"). The Trustee disclaims any pecuniary interest in the shares sold in the reported transaction and the shares it continues to hold. The Trustee held the shares sold in the reported transaction, and continues to hold the remaining shares not sold, for the benefit of the beneficiaries of the Trust who are employees and former employees of ED&F and its subsidiaries excluding UK persons. ED&F has no ownership of the Trust property, is not a beneficiary of the Trust and has no legal title to the Trust fund.
/s/ Denize M. Mitchinson and James W. Howe, for and on behalf of Trustcorp (Jersey) Limited as Trustee of E D & F Man 2009 Employee Trust 06/03/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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