SEC Form 4 · accession 0001398344-17-005075

Eco-Stim Energy Solutions, Inc. · ESES

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

Reporting owner

Donald Stoltz III

Director · 10% Owner

Period of report

Apr 11, 2016

Accepted (ET)

Apr 20, 2017 · 2:12 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^F1	Apr 11, 2016	P	2,693	$2.3187	A	2,400,081	I	By Argentina Fund
Common Stock^F1	Apr 12, 2016	P	1,340	$2.528	A	2,401,421	I	By Argentina Fund
Common Stock^F1	Apr 13, 2016	P	1,708	$2.5959	A	2,403,129	I	By Argentina Fund
Common Stock^F1	Apr 19, 2016	P	1,000	$2.61	A	2,404,129	I	By Argentina Fund
Common Stock^F1	Apr 20, 2016	P	1,300	$2.7915	A	2,405,429	I	By Argentina Fund
Common Stock^F1	Jun 2, 2016	P	18,408	$2.6932	A	2,423,837	I	By Argentina Fund
Common Stock^F1	Jun 3, 2016	P	5,331	$2.8039	A	2,429,168	I	By Argentina Fund
Common Stock^F1	Jun 6, 2016	P	11,149	$2.829	A	2,440,317	I	By Argentina Fund
Common Stock^F1	Jun 7, 2016	P	5,031	$2.731	A	2,445,348	I	By Argentina Fund
Common Stock^F1	Jun 8, 2016	P	2,500	$2.792	A	2,447,848	I	By Argentina Fund
Common Stock^F1	Jun 13, 2016	P	3,177	$2.65	A	2,451,025	I	By Argentina Fund
Common Stock^F1	Jun 15, 2016	P	1,100	$2.78	A	2,452,125	I	By Argentina Fund
Common Stock^F1	Jun 16, 2016	P	6,666	$2.7509	A	2,458,791	I	By Argentina Fund
Common Stock^F1	Jun 23, 2016	P	9,861	$2.8999	A	2,468,652	I	By Argentina Fund
Common Stock^F1	Jun 28, 2016	P	4,977	$2.895	A	2,473,629	I	By Argentina Fund
Common Stock^F1	Jun 30, 2016	P	7,297	$2.8507	A	2,480,926	I	By Argentina Fund
Common Stock^F1	Jul 1, 2016	P	13,600	$2.7529	A	2,494,526	I	By Argentina Fund
Common Stock^F1	Aug 17, 2016	P	20,000	$2.3982	A	2,514,526	I	By Argentina Fund
Common Stock^F1	Aug 18, 2016	P	300,000	$2.25	A	2,814,526	I	By Argentina Fund
Common Stock^F1	Aug 23, 2016	P	50,000	$2.40	A	2,864,526	I	By Argentina Fund
Common Stock^F1	Sep 13, 2016	P	38,683	$2.0818	A	2,903,209	I	By Argentina Fund
Common Stock^F1	Sep 15, 2016	P	25,451	$2.119	A	2,928,660	I	By Argentina Fund
Common Stock^F1	Sep 22, 2016	P	50,874	$2.2781	A	2,979,534	I	By Argentina Fund
Common Stock^F3,F1	holding	—	—		—	1,471,838	I	By Argentina Fund
Common Stock^F3,F2	holding	—	—		—	1,507,696	I	By Argentina Fund 2

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1By Bienville Argentina Opportunities Master Fund, LP ("Argentina Fund"). The Reporting Person serves as the portfolio manager of the registered investment adviser to Argentina Fund, and as such he could be deemed to indirectly beneficially own the shares held by Argentina Fund. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or any other purposes.
F2By Bienville Argentina Opportunities Fund 2.0, LP ("Argentina Fund 2"). The Reporting Person serves as the portfolio manager of the registered investment adviser to Argentina Fund 2, and as such he could be deemed to indirectly beneficially own the shares held by Argentina Fund 2. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or any other purposes.
F3On April 3, 2017, 1,507,696 shares of the Issuer were transferred by Argentina Fund to Argentina Fund 2 as part of an in-kind distribution of assets by Argentina Fund to certain of its investors who have elected to rollover all or a portion of their investment in Argentina Fund to Argentina Fund 2 via an in-kind contribution of securities to Argentina Fund 2. Accordingly, there was no change in beneficial ownership of any investors in either Fund with respect to the shares of the Issuer as a result of the transaction. With respect to the Reporting Person, the transaction only effected a change in the form of beneficial ownership without changing the Reporting Person's pecuniary interest in the shares and was exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13.