SEC Form 4 · accession 0000316300-16-000124
EXCO RESOURCES INC · XCOOQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Wilder Jr.
Director
Period of report
Nov 3, 2016
Accepted (ET)
Nov 7, 2016 · 3:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000316300
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Nov 3, 2016 | A | 142,610 | $0.00 | A | 271,870 | D | |
| Common Stock, par value $0.001 per shareF2,F3 | holding | — | — | — | 18,346,483 | I | See Footnotes (2) and (3) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock automatically issued to Mr. Wilder pursuant to the Amended and Restated 2007 Director Plan of EXCO Resources, Inc., as amended (the "Plan"). All of these shares of restricted common stock vest on November 3, 2017. These shares of restricted stock are subject to forfeiture, accelerated vesting and other restrictions as more fully set forth in the Plan.
- F2Energy Strategic Advisory Services, LLC ("ESAS") is the registered owner of these shares. Effective September 20, 2016, ESAS is owned by Bluescape Energy Recapitalization and Restructuring Fund III LP (the "Fund"), and the Fund is directed by its general partner, Bluescape Energy Partners III GP LLC ("Bluescape"). Mr. Charles John Wilder, Jr. (the "Reporting Person") serves as the Sole Manager of Bluescape and has the power to direct the affairs of Bluescape.
- F3The Reporting Person states that neither the filing of this statement nor anything herein shall be deemed an admission that he is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owner of these securities. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest in such securities.