Sec Form 4 Filing - SUN GORDMANS, LP @ Gordmans Stores, Inc. - 2012-05-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SUN GORDMANS, LP
2. Issuer Name and Ticker or Trading Symbol
Gordmans Stores, Inc. [ GMAN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SUN CAPITAL PARTNERS, INC., 5200 TOWN CIRCLE CENTER, SUITE 600
3. Date of Earliest Transaction (MM/DD/YY)
05/31/2012
(Street)
BOCA RATON, FL33486
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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, par value $0.001 05/31/2012 S 3,456,529 D $ 15.8707 9,873,719 I ( 1 ) See footnote ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SUN GORDMANS, LP
C/O SUN CAPITAL PARTNERS, INC.
5200 TOWN CIRCLE CENTER, SUITE 600
BOCA RATON, FL33486
X
SUN CAPITAL PARTNERS V LP
5200 TOWN CIRCLE CENTER
SUITE 600
BOCA RATON, FL33486
X
LEDER MARC J
5200 TOWN CIRCLE CENTER
SUITE 600
BOCA RATON, FL33486
X
KROUSE RODGER R
5200 TOWN CIRCLE CENTER
SUITE 600
BOCA RATON, FL33486
X
Sun Capital Partners V, Ltd
5200 TOWN CIRCLE CENTER
SUITE 600
BOCA RATON, FL33486
X
Sun Capital Advisors V, L.P.
5200 TOWN CIRCLE CENTER
SUITE 600
BOCA RATON, FL33486
X
Sun Holdings V, LLC
5200 TOWN CIRCLE CENTER
SUITE 600
BOCA RATON, FL33486
X
Signatures
/s/ Kevin J. Calhoun, attorney-in-fact for Marc J. Leder 06/01/2012
Signature of Reporting Person Date
/s/ Kevin J. Calhoun, attorney-in-fact for Rodger R. Krouse 06/01/2012
Signature of Reporting Person Date
/s/ Kevin J. Calhoun, Vice President, CFO & Secretary for Sun Capital Partners V, Ltd. 06/01/2012
Signature of Reporting Person Date
/s/ Kevin J. Calhoun, Vice President, CFO & Secretary for Sun Capital Partners V, Ltd., General Partner for Sun Capital Advisors V, L.P. 06/01/2012
Signature of Reporting Person Date
/s/ Kevin J. Calhoun, Vice President, CFO & Secretary for Sun Capital Advisors V, L.P., General Partner for Sun Capital Partners V, L.P. 06/01/2012
Signature of Reporting Person Date
/s/ Kevin J. Calhoun, Vice President, CFO & Secretary for Sun Capital Partners V, L.P., Managing Member for Sun Holdings V, LLC 06/01/2012
Signature of Reporting Person Date
/s/ Kevin J. Calhoun, Vice President & Chief Financial Officer for Sun Holdings V, LLC, General Partner for Sun Gordmans, LP 06/01/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents Common Stock directly held by Sun Gordmans, LP ("Sun Gordmans").
( 2 )Sun Holdings V, LLC ("Sun Holdings V") is the general partner of Sun Gordmans. Sun Capital Partners V, L.P. ("SCP V") is the sole member of Sun Holdings V. SCP V owns all of the ownership interests of Sun Gordmans. Marc J. Leder ("Leder") and Rodger R. Krouse ("Krouse") each own fifty percent (50%) of Sun Capital Partners V, Ltd., which is the general partner of Sun Capital Advisors V, L.P., which is the general partner of SCP V. As a result, Sun Holdings V, SCP V, Leder, Krouse, Sun Capital Partners V, Ltd. and Sun Capital Advisors V, L.P. (collectively, the "Indirect Sun Owners") may be deemed to have indirect beneficial ownership of the securities owned directly by Sun Gordmans. Each Indirect Sun Owner expressly disclaims beneficial ownership of any securities in which they do not have a pecuniary interest.

Remarks:
Exhibit 24.1--Power of Attorney of Marc J. LederExhibit 24.2--Power of Attorney of Rodger R. Krouse

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