SEC Form 4 · accession 0001493152-15-004525
Eco-Stim Energy Solutions, Inc. · ESES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Albright Capital Management LLC
10% Owner
Period of report
Sep 18, 2015
Accepted (ET)
Sep 25, 2015 · 7:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001135657
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F3,F1 | $4.75 | Sep 18, 2015 | A | 45,000 | A | — | Sep 18, 2025 | Common Stock | 45,000 | 45,000 | D |
Explanation of responses
- F1This represents three separate Stock Options, each consisting of the right and option to purchase 15,000 shares of Common Stock of Eco-Stim Energy Solutions, Inc. (the "Issuer"), granted to each of Ahmad Al-Sati, Wai Chan Lap and John Yonemoto, respectively, on September 18, 2015. Each Stock Option vests as to 3,750 shares on each of March 18, 2016, September 18, 2016, March 18, 2017, and September 18, 2017.
- F2Ahmad Al-Sati, Wai Chan Lap and John Yonemoto have each irrevocably transferred their right, title and interest under their Stock Option agreements to ACM Emerging Markets Master Fund I, L.P. (the "Fund").
- F3Albright Capital Management LLC (the "GP"), as general partner of the Fund, may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect interest in the Fund. Pursuant to Rule 16a-1(a)(4) under the Securities Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the GP is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities in excess of its pecuniary interests, if any.