SEC Form 4 · accession 0001567619-19-006526
StealthGas Inc. · GASS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 7:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001328919
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2019 | P | 493,536 | $3.202 | A | 5,946,902 | I | See Footnote |
| Common StockF1 | Mar 7, 2019 | P | 3,600 | $3.1133 | A | 5,950,502 | I | See Footnote |
| Common StockF1 | Mar 8, 2019 | P | 2,400 | $3.0554 | A | 5,952,902 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares are directly owned by Glendon Opportunities Fund, L.P. (the "Fund"), Altair Global Credit Opportunities Fund LLC (the "Sub-Advised Fund") and a separately managed account. The Glendon Opportunities Fund, L.P. became a beneficial owner of over 10% of the issuer's securities on an individual basis as of the dates of the reported trades. The Sub-Advised Fund and the separately managed account do not own 10% of the issuer's securities on an individual basis. Glendon Capital Management LP ("GCM") is the investment manager to the Fund and the separately managed account and the investment sub-adviser to the Sub-Advised Fund, and may be deemed to beneficially own the reported securities under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Remarks
On behalf of Glendon Capital Management, L.P. and Glendon Opportunities Fund, L.P.