SEC Form 4 · accession 0000947871-17-000623
EXCO RESOURCES INC · XCOOQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
10% Owner
V Prem Et Al Watsa
10% Owner
SIXTY TWO INVESTMENT CO LTD
10% Owner
FFHL GROUP LTD
10% Owner
810679 ONTARIO LTD
10% Owner
1109519 ONTARIO LTD
10% Owner
Period of report
Jun 20, 2017
Accepted (ET)
Aug 9, 2017 · 3:05 pm EDT
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,F2 | Jun 20, 2017 | J | 1,657,330 | $10.05 | A | 3,493,258 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Issuer common stock received indirectly by the Reporting Persons in payment for accrued interest pursuant to an indenture governing each of the Issuer's 8.0% / 11.0% 1.5 Lien Senior Secured PIK Toggle Notes and 1.75 Lien Term Loan Credit Agreement.
- F2These securities are held by wholly-owned subsidiaries of Fairfax Financial Holdings Limited. V. Prem Watsa is the CEO and controlling person of Fairfax Financial Holdings Ltd through the other Reporting Persons. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.