SEC Form 4 · accession 0001567460-18-000009
FTS International, Inc. · FTSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CHK ENERGY HOLDINGS INC
Director · 10% Owner · Other
Period of report
Feb 6, 2018
Accepted (ET)
Feb 7, 2018 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001529463
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 6, 2018 | S | 4,348,484 | $16.965 | D | 21,998,789 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Common Stock was sold by the reporting person in a registered underwritten offering pursuant to an underwriting agreement entered into on February 1, 2018.
- F2Represents public offering price of $18.00 per share of Common Stock less the underwriters discount of $1.035 per share of Common Stock.
- F3The reported securities are owned directly by CHK Energy Holdings, Inc., and indirectly by Chesapeake Energy Corporation, as 100% owner of CHK Energy Holdings, Inc. Chesapeake Energy Corporation may therefore be deemed to beneficially own the Common Stock owned directly by CHK Energy Holdings, Inc., but disclaims beneficial ownership except to the extent of its pecuniary interest therein.
Remarks
CHK Energy Holdings, Inc. has the right to appoint two directors of the Board of Directors of FTS International, Inc., and therefore each of it and Chesapeake Energy Corporation may be deemed a director by deputization.