-----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, KHc67gbRwtGYTE9OHnBiWD6O7Tnv+0TLRigGVdHvtaftH7Y8ly5R0DTBvEiS0iEh QJOih0aqi8s8XKJCmkKVeA== 0001140361-06-017222.txt : 20061130 0001140361-06-017222.hdr.sgml : 20061130 20061130143630 ACCESSION NUMBER: 0001140361-06-017222 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061130 DATE AS OF CHANGE: 20061130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERVEST BANCSHARES CORP CENTRAL INDEX KEY: 0000927807 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 133699013 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-53519 FILM NUMBER: 061247916 BUSINESS ADDRESS: STREET 1: 1 ROCKEFELLER PLAZA STREET 2: SUITE 400 CITY: NEW YORK STATE: NY ZIP: 10020-2002 BUSINESS PHONE: 2122182800 MAIL ADDRESS: STREET 1: 1 ROCKEFELLER PLAZA STREET 2: SUITE 400 CITY: NEW YORK STATE: NY ZIP: 10020-2002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Estate of Jerome Dansker CENTRAL INDEX KEY: 0001382221 IRS NUMBER: 207108648 FISCAL YEAR END: 0809 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 860 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10021 BUSINESS PHONE: 212-218-2800 MAIL ADDRESS: STREET 1: 860 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10021 SC 13D 1 doc1.htm Schedule 13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No.    )*



Intervest Bancshares Corporation
(Name of Issuer)

Class A Common Stock
(Title of Class of Securities)

460927 106
(CUSIP Number)


Thomas E. Willett
Harris Beach PLLC
99 Garnsey Road
Pittsford, NY 14534
585-419-8646
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

September 29, 2006
(Date of Event which Requires Filling 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.   (    )



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).



 



SCHEDULE 13D
CUSIP No. 460927 106
  1. Names of Reporting Persons.
Estate of Jerome Dansker
I.R.S. Identification No. 20-7108648
  2. Check the Appropriate Box if a Member of a Group*
(a.)  (    )       (b.)  (    )
  3. SEC USE ONLY
  4. Source of Funds*
OO
  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )
  6. Citizenship or Place of Organization
New York
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With		 7. Sole Voting Power
994,965
8. Shared Voting Power
9. Sole Dispositive Power
994,965
10. Shared Dispositive Power
  11. Aggregate Amount Beneficially Owned by Each Reporting Person
994,965
  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )
  13. Percent of Class Represented by Amount in Row (11)
11.97
  14. Type of Reporting Person
OO


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Item 1. Security and Issuer

         This Schedule relates to the Class A Common Stock, par value $1.00 per share, of Intervest Bancshares Corporation (the "Issuer"). The address of the Issuer's principal offices is: One Rockefeller Plaza, Suite 400, New York, New York 10020.


Item 2. Identity and Background.


(a)

Name:  Estate of Jerome Dansker


(b)

Residence or business address:  c/o Jean Dansker, Executor
860 Fifth Avenue
New York, New York 10021


(c)

Present Principal Occupation or Employment:  The shares are held by the Estate of Jerome Dansker. Mr. Jerome Dansker, who previously served as Chairman and Chief Executive Officer of the Issuer passed away on August 9, 2006.


(d)

Criminal Conviction:  Not applicable.


(e)

Court or Administrative Proceedings:  Not applicable.


(f)

 Citizenship:  Not applicable.


Item 3. Source and Amount of Funds or Other Consideration:

         This schedule is being filed in connection with the acquisition by the Estate of Jerome Dansker of the shares of the Issuer owned by Jerome Dansker.


Item 4. Purpose of Transaction

         The shares remaining in the Estate will be distributed to the beneficiary of Mr. Dansker's estate in connection with the settlement of the estate.




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(a)

The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;

Not appliable.


(b)

An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;

Not applicable.


(c)

A sale or transfer of a material amount of assets of the issuer or any of its subsidiaries;

Not applicable.


(d)

Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

Not applicable.


(e)

Any material change in the present capitalization or dividend policy of the issuer;

Not applicable.


(f)

Any other material change in the issuer's business or corporate structure including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940;

Not applicable.


(g)

Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person;

Not applicable.


(h)

Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

Not applicable.


(i)

A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

Not applicable.


(j)

Any action similar to any of those enumerated above.

Not applicable.



Item 5. Interest in Securities of the Issuer.


(a)

994,965 shares of Class A Common Stock, which constitutes approximately 11.97 % of the Issuer's total number of outstanding shares of Class A Common Stock. This amount includes 325,000 shares issuable upon conversion of 325,000 shares of Class B Common Stock. Included in the 325,000 shares of Class B Common Stock are 195,000 shares issuable upon the exercise of currently exercisable warrants to purchase shares of Class B Common Stock. Also included in that amount are 201,565 shares acquired upon the exercise by the Estate of outstanding warrants to purchase shares of Class A Common Stock. Not included in that amount are 300,000 shares of Class A Common Stock sold by Estate prior to the date hereof. The shares were sold in privately negotiated transactions pursuant to a Registration Statement on Form S-3.


(b)

The Estate of Jerome Dansker has sole power to vote and to dispose of the 994,965 shares of Class A Common Stock of the Issuer.


(c)

On November 27, 2006, the Estate exercise outstanding warrants to purchase 501,565 shares of Class A Common Stock at a purchase price of $6.67 per share and on November 28, 2006, the Estate sold 300,000 shares at a price of $34.75 per share, as set forth below.


 

Transaction
Date

Shares or Units
Purchased (Sold)

Price per
Share or Unit

 

 

November 27, 2006
November 28, 2006

501,565
(300,000)

  

$6.67
$34.75

  

 

 

 


(d)

Not applicable.


(e)

Not applicable.


Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.


         Not applicable.



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Item 7. Material to be Filed as Exhibits.


         Nota applicable.


Signature

        After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
Date:   November 29, 2006
  Estate of Jerome Dansker
  By: /s/ Jean Dansker
      Jean Dansker
  Title:    Executor 
 


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