SEC Form 4 · accession 0001493152-15-003001

Eco-Stim Energy Solutions, Inc. · ESES

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

Reporting owner

Director

Period of report

Jul 15, 2015

Accepted (ET)

Jul 16, 2015 · 4:23 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,F2	Jul 15, 2015	J	523,192	$4.75	A	2,030,436	I	See footnotes (1) and

No Table II lines on this filing.

F1Eco-Stim Energy Solutions, Inc. (the "Issuer") previously entered into a First Amendment to the Convertible Note Facility Agreement (as amended, the "Note Agreement") with ACM Emerging Markets Master Funds I, L.P. (the "Fund"), pursuant to which the Fund elected to have the interest payable on the Note Agreement on May 28, 2015 (the "Deferred Interest") paid in the form of shares of the Issuer's Common Stock issuable upon the consummation of a Specified Equity Offering (as defined in the Note Agreement). On July 15, 2015, upon consummation of an underwritten public offering by the Issuer and pursuant to the Note Agreement, Deferred Interest in the amount of $2,485,163 was converted into 523,192 shares of the Issuer's Common Stock at a price of $4.75 per share.
F2The Reporting Person is a managing director of Albright Capital Management LLC (the "GP"), the general partner of the Fund, and accordingly may have an indirect pecuniary interest in the securities of the Issuer beneficially owned by the Fund. Such indirect pecuniary interest cannot be calculated through a proportionate allocation of securities of the Issuer. Therefore, the entire amount of the Fund's interest is being reported. The Reporting Person disclaims beneficial ownership of the securities of the Issuer held by the Fund, except to the extent of his pecuniary interest therein.