SEC Form 3 · accession 0001104659-15-047415
Euronav MI II Inc. · GNRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ethan Auerbach
Director
Period of report
Jun 24, 2015
Accepted (ET)
Jun 24, 2015 · 7:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001443799
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | holding | — | — | — | 3,228,527 | I | See Explanation of Responses |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is a Portfolio Manager and a Partner at BlueMountain Capital Management, LLC ("BlueMountain"). The 3,228,527 shares set forth on the table above consist of shares owned by certain investment funds managed by BlueMountain, including 3,069,462 shares held by BlueMountain Credit Alternatives Master Fund L.P. ("BMCA"); 58,045 shares held by BlueMountain Distressed Master Fund L.P. ("BMDF"); and 101,020 shares held by BlueMountain Summit Trading L.P. ("SOF").
- F2Mr. Auerbach may be deemed to have an indirect pecuniary interest in such 3,228,527 shares through his proportionate ownership of (i) limited partnership interests in Blue Mountain Credit Alternatives Fund L.P., which in turn owns limited partnership interests in BMCA, which is the direct beneficial owner of 3,069,462 shares, (ii) limited partnership interests in BlueMountain Summit Opportunities Fund II (U.S.) L.P., which in turn owns a limited partnership interest in SOF which is the direct beneficial owner of 101,020 shares, (iii) limited partnership interests in BlueMountain Distressed Fund L.P., which in turn owns a limited partnership interest in BMDF, which is the direct beneficial owner of 58,045 shares.
- F3This Form 3 excludes shares owned by certain otherinvestment funds managed by BlueMountain, consisting of 405,336 shares held by BlueMountain Kicking Horse Fund L.P. ("KHF"); 1,179,786 shares held by BlueMountain Credit Opportunities Master Fund I L.P. ("COF"); 1,589,139 shares held by BlueMountain Montenvers Master Fund SCA SICAV-SIF ("BMMF"); 332,992 shares held by BlueMountain Guadalupe Peak Fund L.P. ("BMGP"); 928,885 shares held by BlueMountain Timberline Ltd and 178,264 shares held by BlueMountain Strategic Credit Master Fund L.P. ("SCF" and together with BMCA, BMDF, SOF, KHF, COF, BMMF and BMGP, the "BlueMountain Funds"). Mr. Auerbach holds membership interests in BlueMountain GP Holdings, LLC, the sole beneficial owner of the general partners of each BlueMountain Fund and which has an indirect profits interest in each of the BlueMountain Funds.
- F4The filing of this Form 3 shall not be construed as an admission that Mr. Auerbach is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any shares of common stock of Gener8 Maritime, Inc. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, Mr. Auerbach disclaims such beneficial ownership, except to the extent of his pecuniary interest, if any.