-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EFZ0vQZOzFUY4NhpCfRJaPDICsST6fmxLtMF+HdsP28tiz8aTjFu2bzuMgOQ2Vkl tK/sD9bebCYjtvlIzzsamg== 0001144204-08-032839.txt : 20080530 0001144204-08-032839.hdr.sgml : 20080530 20080530115755 ACCESSION NUMBER: 0001144204-08-032839 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080530 DATE AS OF CHANGE: 20080530 GROUP MEMBERS: MOMAR CORPORATION GROUP MEMBERS: UNITED EQUITIES COMPANY, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANKUNITED FINANCIAL CORP CENTRAL INDEX KEY: 0000894490 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 650377773 STATE OF INCORPORATION: FL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43701 FILM NUMBER: 08869223 BUSINESS ADDRESS: STREET 1: 255 ALHAMBRA CIRCLE CITY: CORAL GABLES STATE: FL ZIP: 33134 BUSINESS PHONE: 3055692000 MAIL ADDRESS: STREET 1: 255 ALHAMBRA CIRCLE CITY: CORAL GABLES STATE: FL ZIP: 33134 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARX MOSES CENTRAL INDEX KEY: 0000941992 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: BUSINESS PHONE: 2123492875 MAIL ADDRESS: STREET 1: 160 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10038 SC 13D/A 1 v116141_sc13da.htm Unassociated Document
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
 
BANKUNITED FINANCIAL CORPORATION
(Name of Issuer)
 

CLASS A COMMON STOCK
(Title of Class of Securities)


06652B103
(CUSIP Number)

Emanuel J. Adler, Esq.
Blank Rome LLP
405 Lexington Avenue
New York, NY 10174
212-885-5000
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)


May 28, 2008
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
 
The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes)
 
PAGE 1 OF 7

 
      
     
CUSIP No. 06652B103
 
 
     
1
NAMES OF REPORTING PERSONS.
 
     
 
MOSES MARX
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
   
(a) x
   
(b) o
3
SEC USE ONLY
 
     
     
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
     
 
PF
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
     
   
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
United States
 
 
7
SOLE VOTING POWER
 
   
 
  
1,684,450
Number of
8
SHARED VOTING POWER
Shares
   
Beneficially
  
N/A
Owned by
9
SOLE DISPOSITIVE POWER
Each Reporting
   
Person With
  
1,684,450
 
10 Shared Dispositive Power
 
   
    
N/A
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
1,684,450
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
     
      
o
13
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
 
4.79%
 
14
Type of Reporting Person
 
     
 
IN
 
 
PAGE 2 OF 7

 
      
     
CUSIP No. 06652B103
 
 
     
1
NAMES OF REPORTING PERSONS.
 
     
 
MOMAR CORPORATION
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
   
(a) x
   
(b) o
3
SEC USE ONLY
 
     
     
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
     
 
WC
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
     
   
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
Maryland
 
 
7
SOLE VOTING POWER
 
   
 
  
1,000,000
Number of
8
SHARED VOTING POWER
Shares
   
Beneficially
  
N/A
Owned by
9
SOLE DISPOSITIVE POWER
Each Reporting
   
Person With
  
1,000,000
 
10 Shared Dispositive Power
 
   
    
N/A
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
1,000,000
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
     
      
o
13
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
 
2.84%
 
14
Type of Reporting Person
 
     
 
CO
 
 
PAGE 3 OF 7

 
      
     
CUSIP No. 06652B103
 
 
     
1
NAMES OF REPORTING PERSONS.
 
     
 
UNITED EQUITIES COMPANY, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 
   
(a) x
   
(b) o
3
SEC USE ONLY
 
     
     
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
     
 
WC
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
     
   
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
     
 
New York
 
 
7
SOLE VOTING POWER
 
   
 
  
95,000
Number of
8
SHARED VOTING POWER
Shares
   
Beneficially
  
N/A
Owned by
9
SOLE DISPOSITIVE POWER
Each Reporting
   
Person With
  
95,000
 
10 Shared Dispositive Power
 
   
    
N/A
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
95,000
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
     
      
o
13
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
     
 
0.27%
 
14
Type of Reporting Person
 
     
 
OO
 
 
PAGE 4 OF 7

 
Item 2.
Identity and Background
 
(a) This Amendment No. 1 amends and supplements the Schedule 13D (the “Schedule 13D”), of Moses Marx, an individual, Momar Corporation, a Maryland corporation (“Momar”), and United Equities Company, LLC, a New York limited liability company (“United Equities”), with respect to the Class A Common Stock, $.01 par value (“Class A Common Stock”) of BankUnited Financial Corporation, a Florida corporation (the “Company”). Except as amended hereby, there has been no change in the information contained in the Schedule 13D. Pursuant to Rule 13d-1(f)(1) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this Schedule 13D is being filed by Mr. Marx, Momar and United Equities (collectively called the "Reporting Persons"), which are making this single, joint filing because they may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Information regarding the Reporting Persons in response to Item 2 of Schedule 13D has been previously submitted in prior filings of this Schedule 13D.
 
Item 5.
Interest in Securities of the Issuer.
 
(a) - (b)
 
According to the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2008, there were, as of April 30, 2008, 35,170,983 shares of Class A Common Stock of the Company issued and outstanding.
 
Moses Marx
 
Moses Marx beneficially owns 1,684,450 shares of Class A Common Stock, comprising 4.79% of the issued and outstanding shares of the Class A Common Stock, including (i) 589,450 shares (1.68%) owned directly by Mr. Marx; (ii) 1,000,000 shares (2.84%) owned of record by Momar, and (iii) 95,000 shares (0.27%) owned of record by United Equities, of which, with respect to the shares described in clause (ii) and (iii), Mr. Marx may be deemed to be a beneficial owner by virtue of his being the only person in a position to determine the investment and voting decisions of Momar and United Equities with respect to such shares.
 
Mr. Marx has the sole power to vote and dispose of all such shares.
 
Momar
 
Momar owns 1,000,000 shares of Class A Common Stock, comprising 2.84% of the issued and outstanding shares of the Class A Common Stock.
 
Momar has the sole power to vote and dispose of all such shares.
 
United Equities
 
United Equities owns 95,000 shares of Class A Common Stock, comprising 0.27% of the issued and outstanding shares of the Class A Common Stock.
 
United Equities has the sole power to vote and dispose of all such shares.
 
PAGE 5 OF 7

 
 
(c) (i) Since the last filing of this Schedule 13D, Mr. Marx has made the following sales of shares of Class A Common Stock:
 
 
Date
 
Number of
Shares Sold
 
 
Price Per Share
05/21/2008
 
19,350    
 
$3.15
05/22/2008
 
9,660    
 
$3.20
05/23/2008
 
602    
 
$3.18
05/23/2008
 
39,738    
 
$3.16
05/23/2008
 
1,200    
 
$3.30
05/27/2008
 
57,366    
 
$3.20
05/27/2008
 
42,634    
 
$3.15
05/28/2008
 
800    
 
$3.20
05/28/2008
 
99,200   
 
$3.15

 
Other than as set forth above, since the last filing of this Schedule 13D, none of the Reporting Persons effected any transactions in the shares of Class A Common Stock.
 
(d) Each of the Reporting Persons affirms that no person other than the Reporting Persons has the right to receive, or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A Common Stock owned by the Reporting Persons.
 
(e) On May 28, 2008, the Reporting Persons ceased to be the owners of more than five percent of the Class A Common Stock.
 

PAGE 6 OF 7


SIGNATURE
 
After reasonable inquiry, and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 
Date: May 29, 2008    
   
 
 
 
 
 
 
  By:   /s/ Moses Marx
 
MOSES MARX
   
 
     
  MOMAR CORP.
 
 
 
 
 
 
  By:   /s/ Moses Marx
 
Moses Marx, President
   
   
     
  UNITED EQUITIES COMPANY, LLC
 
 
 
 
 
 
  By:   /s/ Moses Marx
 
Moses Marx, Manager
   
 
PAGE 7 OF 7

 
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