UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
Under the Securities Exchange Act of 1934
Temecula Valley Bancorp Inc.
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(Name of Issuer)
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Preferred Stock
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(Title of Class of Securities)
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879734200
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(CUSIP Number)
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Neil M. Cleveland
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28046 Del Rio Road, Suite C
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Temecula, California 92590
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(951) 676-4148
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(Name, Address and Telephone Number of Person Authorized
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to Receive Notices and Communications)
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September 1, 2010
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(Date of Event which Requires Filing of this Statement)
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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:
x
.
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 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.
Introduction
This Amendment No. 9 (“Amendment No. 9”) amends Items 3 and 5 of the Schedule 13D originally filed by (i) FVP Master Fund, L.P., a Cayman Islands exempted limited partnership (“FVP Master Fund”), (ii) FVP US-Q, LP, a Delaware limited partnership (“FVP Fund” and, together with the FVP Master Fund, “Funds”), (iii) Firefly Value Partners, LP, a Delaware limited partnership (“Firefly Partners”), which serves as the investment manager of the Funds pursuant to investment management agreements, (iv) FVP GP, LLC, a Delaware limited liability company (“FVP GP”), which serves as the general partner of the Funds, (v) Firefly Management Company GP, LLC, a Delaware limited liability company (“Firefly Management”), which serves as the general partner of Firefly Partners, and (vi) Messrs. Ryan Heslop and Ariel Warszawski, the managing members of FVP GP and Firefly Management (all of the foregoing, collectively, “Reporting Persons”) on April 23, 2010 (the “Original Statement”), Amendment No. 1 to the Original Statement filed on May 5, 2010 (“Amendment No. 1”), Amendment No. 2 to the Original Statement filed on May 11, 2010 (“Amendment No. 2”), Amendment No. 3 to the Original Statement filed on May 13, 2010 (“Amendment No. 3”), Amendment No. 4 to the Original Statement filed on June 4, 2010 (“Amendment No. 4”), Amendment No. 5 to the Original Statement filed on June 9, 2010 (“Amendment No. 5”), Amendment No. 6 to the Original Statement filed on June 29, 2010 (“Amendment No. 6”), Amendment No. 7 to the Original Statement filed on July 15, 2010 (“Amendment No. 7”) and Amendment No. 8 to the Original Statement filed on August 31, 2010 (“Amendment No. 8”). This Amendment No. 9 relates to Trust Preferred Securities (“Shares”) of Temecula Valley Bancorp, Inc. Unless specifically amended hereby, the disclosure set forth in the Original Statement, as amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7 and Amendment No. 8, shall remain unchanged.
Item 3. Source and Amount of Funds or Other Consideration
The gross investment costs (including commissions, if any) of the Shares purchased by the Reporting Persons is approximately $781,147.90, at purchase prices ranging from $0.05 to $1.3489 per Share. The source of these funds was the working capital of the Funds, for which Firefly Partners act as investment manager.
Item 5. Interest in Securities of the Issuer
a.
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The responses of the Reporting Persons to Items (11) and (13) on the cover pages of this Amendment No. 9 are incorporated herein by reference. The total number of Shares outstanding is 2,213,750.
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b.
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The responses of the Reporting Persons to Items (7) through (10) on the cover pages of this Amendment No. 9 are incorporated herein by reference.
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c.
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See Item 3, above, and Item 4 in the Original Statement. The transactions in the Issuer’s securities by each of FVP Master Fund and FVP Fund in the last sixty days are listed as ANNEX A attached hereto and made a part hereof.
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d.
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None.
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e.
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Not applicable.
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ANNEX A
Account
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Date
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Buy/Sell
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Number of Shares
1
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Price per
Share ($)
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FVP Master Fund
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July 13, 2010
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Buy
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70,873
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1.0935
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FVP Fund
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July 13, 2010
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Buy
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118,577
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1.0935
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FVP Master Fund
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July 20, 2010
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Buy
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1,092
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1.0000
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FVP Fund
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July 20, 2010
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Buy
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1,828
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1.0000
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FVP Master Fund
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July 21, 2010
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Buy
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337
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0.9900
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FVP Fund
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July 21, 2010
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Buy
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563
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0.9900
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FVP Master Fund
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July 28, 2010
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Buy
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516
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1.0000
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FVP Fund
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July 28, 2010
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Buy
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864
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1.0000
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FVP Master Fund
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July 29, 2010
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Buy
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374
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1.1000
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FVP Fund
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July 29, 2010
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Buy
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626
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1.1000
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FVP Master Fund
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July 29, 2010
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Buy
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374
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1.0000
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FVP Fund
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July 29, 2010
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Buy
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626
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1.0000
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FVP Master Fund
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July 30, 2010
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Buy
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1,122
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1.0000
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FVP Fund
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July 30, 2010
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Buy
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1,878
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1.0000
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FVP Master Fund
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August 2, 2010
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Buy
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851
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1.1000
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FVP Fund
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August 2, 2010
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Buy
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1,449
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1.1000
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FVP Master Fund
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August 10, 2010
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Buy
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1,851
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1.0000
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FVP Fund
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August 10, 2010
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Buy
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3,149
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1.0000
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FVP Master Fund
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August 16, 2010
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Buy
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592
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1.0000
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FVP Fund
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August 16, 2010
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Buy
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1,008
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1.0000
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FVP Master Fund
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August 25, 2010
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Buy
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926
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1.0200
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FVP Fund
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August 25, 2010
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Buy
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1,574
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1.0200
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FVP Master Fund
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August 27, 2010
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Buy
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925
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1.0000
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FVP Fund
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August 27, 2010
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Buy
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1,575
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1.0000
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FVP Master Fund
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September 1, 2010
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Buy
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34,734
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1.3489
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FVP Fund
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September 1, 2010
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Buy
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66,266
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1.3489
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FVP Master Fund
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September 1, 2010
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Buy
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4,815
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1.2643
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FVP Fund
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September 1, 2010
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Buy
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9,185
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1.2643
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1
All transactions relate to Trust Preferred shares, as described in Item 1 on the Original Statement.