SEC Form 4 · accession 0001209191-15-049368
DUNE ENERGY INC · DUNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
BlueMountain GP Holdings, LLC
10% Owner
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 11:02 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092839
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jun 1, 2015 | S$0 | 2,846,056 | $0.00 | D | 9,166,258 | I | Footnotes |
| Common StockF1,F2,F3 | Jun 1, 2015 | S$0 | 2,846,056 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The filing of this Form 4 shall not be construed as an admission that either GP Holdings or BMLSC GP (each as defined below) is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any shares of Common Stock, par value $0.001 per share (the "Common Stock"), of Dune Energy, Inc. (the "Issuer"). Pursuant to Rule 16a-1(a)(4) of the Exchange Act, each of GP Holdings and BMLSC GP disclaims such beneficial ownership, except to the extent of its respective pecuniary interest. BlueMountain Long/Short Credit GP, LLC ("BMLSC GP") is the general partner of BlueMountain Long/Short Credit Master Fund L.P. ("BMLSC") and has an indirect profits interest in the Common Stock beneficially owned by it. BlueMountain GP Holdings, LLC ("GP Holdings") is the sole owner of BMLSC GP and thus has an indirect profits interest in the Common Stock beneficially owned by BMLSC.
- F2On June 1, 2015, BMLSC sold 2,846,056 shares of Common Stock to BlueMountain Montenvers Master Fund SCA SICAV-SIF ("BMM"). BlueMountain Capital Management, LLC ("BMCM") is the investment manager of BMM and BMLSC, and in that capacity directs the voting and disposition of securities held by each of them and receives an asset-based fee with respect to their investment activities. As BMCM acts as investment manager for each of BMM and BMLSC, its pecuniary interest in the Common Stock did not change. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, BMCM disclaims any beneficial ownership of the Common Stock, except to the extent of its pecuniary interest.
- F3The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act.