SEC Form 4 · accession 0000899243-18-027901
Nuverra Environmental Solutions, Inc. · NES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Gates Capital Management, Inc.
10% Owner
Jeffrey L Gates
10% Owner
Gates Capital Management, L.P.
10% Owner
Gates Capital Management GP, LLC
10% Owner
Period of report
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403853
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 30, 2018 | P | 12,455 | $11.28 | A | 5,413,534 | D | |
| Common StockF1,F2 | Oct 31, 2018 | P | 7,793 | $11.22 | A | 5,421,327 | D | |
| Common StockF1,F2 | Nov 1, 2018 | P | 5,951 | $11.28 | A | 5,427,278 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Gates Capital Management, L.P. ("Gates Capital"), acts as the investment manager to certain funds directly holding common stock, par value $0.01, of the issuer (the "Gates Capital Funds"). Gates Capital Management GP, LLC (the "General Partner") is the general partner of Gates Capital, with respect to the shares of common stock directly held by the Gates Capital Funds. Gates Capital Management, Inc. ("the Corporation"), is the managing member of the General Partner with respect to the shares of common stock directly held by the Gates Capital Funds. Jeffrey L. Gates serves as President of the Corporation with respect to the shares of common stock directly held by the Gates Capital Funds.
- F2Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, may be deemed to share beneficial ownership of the common stock of the issuer held by the Funds. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, disclaims beneficial ownership of the common stock held by the Funds except to the extent of its pecuniary interests.