SEC Form 3 · accession 0000899243-15-006370

VAALCO ENERGY INC /DE/ · EGY

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

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1This Form 3 is filed jointly by Group 42, Inc. ("Group 42") and Paul A. Bell (collectively, the "Reporting Persons") who are filing this report because each of the Reporting Persons is a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Persons and certain other stockholders of the Issuer on September 25, 2015. Each Reporting Person is a member of a reporting group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. As such, each Reporting Person may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The securities reported herein do not include any securities held by any group member other than the Reporting Persons, as such shares are being reported in a separate Form 3 filing.
• F2All of the reported shares are beneficially owned by Group 42. Paul A. Bell, in his capacity as President, Chief Executive Officer and controlling stockholder of Group 42, may be deemed the beneficial owner of the shares beneficially owned by Group 42. Mr. Bell disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.

Remarks

Exhibit 24 - Confirming Statement of Paul A. Bell.