SEC Form 4 · accession 0001062993-16-009865
North American Energy Partners Inc. · NOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Polar Asset Management Partners Inc.
10% Owner
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 3:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | May 17, 2016 | S | 513,300 | $3.39 | D | 2,719,757 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.39 to $3.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth herein.
- F2Polar Asset Management Partners Inc. ("PAMP") serves as investment manager to Polar Multi-Strategy Master Fund, a Cayman Islands exempted company ("MSF") and has sole voting and investment discretion with respect to the securities reported herein which are held by MSF. PAMP disclaims beneficial ownership of the securities reported herein, and this report shall not be deemed an admission that PAMP is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose, except to the extent of PAMP's pecuniary interest therein.