BankCap Partners Fund I Form 3 Atlantic Capital Bancshares / Scott A. Reed ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

BankCap Equity Fund, LLC

(Last) (First) (Middle)

5910 N CENTRAL EXPRESSWAY, STE. 1580

(Street)

DALLAS TX 75206

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/31/2015

3. Issuer Name and Ticker or Trading Symbol
Atlantic Capital Bancshares, Inc. [ ACBI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,800,000	I	BCP Fund I Southeast Holdings, LLC(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (Right to Buy)	05/14/2007(2)	05/14/2017	Common Stock	350,000	10	I	BCP Fund I Southeast Holdings, LLC(1)

1. Name and Address of Reporting Person^*

BankCap Equity Fund, LLC

(Last) (First) (Middle)

5910 N CENTRAL EXPRESSWAY, STE. 1580

(Street)

DALLAS TX 75206

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BCP Fund I Southeast Holdings, LLC

(Last) (First) (Middle)

5910 N CENTRAL EXPRESSWAY, STE. 1580

(Street)

DALLAS TX 75206

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BankCap Partners GP, L.P.

(Last) (First) (Middle)

5910 N CENTRAL EXPRESSWAY, STE. 1580

(Street)

DALLAS TX 75206

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BankCap Partners Fund I, L.P.

(Last) (First) (Middle)

5910 N CENTRAL EXPRESSWAY, STE. 1580

(Street)

DALLAS TX 75206

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Reed Scott A.

(Last) (First) (Middle)

5910 N CENTRAL EXPRESSWAY, STE. 1580

(Street)

DALLAS TX 75206

(City) (State) (Zip)

Explanation of Responses:

1. BCP Fund I Southeast Holdings, LLC ("BCP Fund LLC") is the direct beneficial owner of the shares. BankCap Partners Fund I, L.P. ("BankCap Partners Fund") is the sole member of BCP Fund LLC. The general partner of BankCap Partners Fund is BankCap Partners GP, L.P. ("BankCap Partners GP"). The general partner of BankCap Partners GP is BankCap Equity Fund, LLC ("BankCap LLC"). Brian D. Jones and Scott A. Reed are the managing members of BankCap LLC. BankCap Partners Fund, BankCap Partners GP, BankCap LLC and Messrs. Jones and Reed are indirect beneficial owners of the shares. Messrs. Jones and Reed share voting and investment control over the shares beneficially owned by BCP Fund LLC.

2. Warrants became fully vested three years after the date of grant listed.

Remarks:

Exhibit 24.1 Power of Attorney BankCap Equity Fund, LLC Exhibit 24.2 Power of Attorney Scott A. Reed

	/s/ Brian D. Jones, Managing Member of BankCap Equity Fund, LLC	10/25/2016
	/s/ Scott A. Reed, individually and as Managing Member of BankCap Equity Fund, LLC	10/25/2016
	** Signature of Reporting Person	Date
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