SEC Form 4 · accession 0000902664-17-002671
Eco-Stim Energy Solutions, Inc. · ESES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
FIR TREE INC.
Director · 10% Owner · Other
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001135657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par value per share ("Common Stock")F1,F2 | Jun 15, 2017 | A | 29,538,786 | — | A | 31,569,222 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person acquired beneficial ownership of 29,538,786 shares of Common Stock upon conversion of certain Notes held by a Fund (as defined below), as described in Amendment No. 1 to the Reporting Person's Schedule 13D filed with the Securities and Exchange Commission on June 19, 2017. The Conversion Price of the Notes was $1.4.
- F2The securities to which this filing relates are held directly by certain private-pooled investment vehicles for which the Reporting Person serves as the investment manager (the "Funds"). The Reporting Person is the investment manager of the Funds, and has been granted investment discretion over portfolio investments, including the Common Stock held by the Funds. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except as to such extent of the Reporting Person's pecuniary interest in the securities.
Remarks
Because David Proman, Andrew Teno and Andrew Colvin, each an employee of the Reporting Person, serve as members of the board of directors of the Issuer, the Reporting Person may be deemed to be a director by deputization.