SEC Form 4 · accession 0000919574-17-003172

PEABODY ENERGY CORP · BTU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

Discovery Global Opportunity Partners, L.P.

10% Owner

DISCOVERY CAPITAL MANAGEMENT, LLC / CT

10% Owner

Robert K. Citrone

10% Owner

Period of report

Apr 3, 2017

Accepted (ET)

Apr 5, 2017 · 7:28 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001064728

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $0.01 par value^F1	Apr 3, 2017	C	7,192,536	$0.00	A	14,192,991	I	See Footnote
Common Stock, $0.01 par value^F2	Apr 3, 2017	C	7,445,754	$0.00	A	12,444,728	I	See Footnote
Common Stock, $0.01 par value^F1	Apr 5, 2017	X	870,363	$0.01	A	15,063,354	I	See Footnote
Common Stock, $0.01 par value^F2	Apr 5, 2017	X	600,774	$0.01	A	13,045,502	I	See Footnote
Common Stock, $0.01 par value^F1	Apr 5, 2017	S	320	$27.25	D	15,063,034	I	See Footnote
Common Stock, $0.01 par value^F2	Apr 5, 2017	S	220	$27.25	D	13,045,282	I	See Footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Series A Convertible Preferred Stock^F1,F3	—	Apr 3, 2017	C	3,641,992	D	Apr 3, 2017	—	Common Stock, $0.01 par value	7,192,536	I
Series A Convertible Preferred Stock^F2,F3	—	Apr 3, 2017	C	3,770,211	D	Apr 3, 2017	—	Common Stock, $0.01 par value	7,445,754	I
Warrant^F1	$0.01	Apr 5, 2017	X	870,363	D	Apr 3, 2017	Jul 3, 2017	Common Stock, $0.01 par value	870,363	I
Warrant^F2	$0.01	Apr 5, 2017	X	600,774	D	Apr 3, 2017	Jul 3, 2017	Common Stock, $0.01 par value	600,774	I

Explanation of responses

F1The securities are held in the accounts of various clients of Discovery Capital Management, LLC ("Discovery") and may be deemed to be beneficially owned by Discovery, as the investment manager to such clients, and Robert K. Citrone, as the managing member of Discovery.
F2The securities are held in the account of Discovery Global Opportunity Partners, LP (the "Fund") and may be deemed to be beneficially owned by Discovery, as the general partner of the Fund, and Robert K. Citrone, as the managing member of Discovery.
F3The Series A Convertible Preferred Stock has no expiration date and is convertible at a price of $16.25 per share, subject to adjustment as set forth in the Certificate of Designation attached as Exhibit 3.2 to the Issuer's Form 8-K filed on April 3, 2017. Each share of Series A Convertible Preferred Stock converted to approximately 1.975 shares of Common Stock, $0.01 par value.
F4On April 5, 2017, the Reporting Person exercised Warrants to purchase 870,363 shares of Common Stock, $0.01 par value. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 320 shares to pay the exercise price and issuing the Reporting Person the remaining 870,043 shares.
F5On April 5, 2017, the Reporting Person exercised Warrants to purchase 600,774 shares of Common Stock, $0.01 par value. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 220 shares to pay the exercise price and issuing the Reporting Person the remaining 600,554 shares.

Remarks

Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.