SEC Form 3 · accession 0001213900-15-003739

ARABELLA EXPLORATION, INC. · AXPLF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · 10% Owner

Period of report

Jan 1, 2015

Accepted (ET)

May 14, 2015 · 8:30 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001506374

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Ordinary Shares	holding	—	—		—	8,927	D
Ordinary Shares^F1,F2	holding	—	—		—	345,928	I	By BBS Capital Fund, LP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Options (right to buy)^F3	$6.15	holding	—	—	—	—	May 5, 2019	Ordinary Shares	50,000	—	D
Warrants (right to buy)^F1,F2	$5.00	holding	—	—	—	Dec 24, 2013	Dec 24, 2016	Ordinary Shares	2,932,500	—	I

F1BBS Capital Fund, LP holds the reported securities. BBS Capital Management, LP, as the investment manager of BBS Capital Fund, LP, has the shared power to vote and dispose of the ordinary shares held by BBS Capital Fund, LP. BBS Capital GP, LP, as the general partner of BBS Capital Fund, LP, has the shared power to vote and dispose of the ordinary shares held by BBS Capital Fund, LP. BBS Capital, LLC, as the general partner of BBS Capital Management, LP and BBS Capital GP, LP, has the shared power to vote and dispose of the ordinary shares held by BBS Capital Fund, LP.
F2The Reporting Person, as the manager of BBS Capital, LLC, has the shared power to vote and dispose of the ordinary shares held by BBS Capital Fund, LP. The Reporting Person may be deemed to be the indirect beneficial owner of the reported securities by virtue of his indirect control of BBS Capital Fund, LP. The Reporting Person disclaims beneficial ownership of the reported securities to the extent such beneficial ownership exceeds his pecuniary interests therein.
F3The options vest in equal quarterly increments over a 24-month period, beginning on March 31, 2014.