4//SEC Filing
EXCO RESOURCES INC 4
Accession 0000316300-17-000016
CIK 0000316300operating
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 4:04 PM ET
Size
6.7 KB
Accession
0000316300-17-000016
Insider Transaction Report
Form 4
Wilder John C Jr
Director
Transactions
- Purchase
Warrants (right to buy)
2017-05-31+75,268,818→ 75,268,818 total(indirect: See footnotes 2 and 3.)Exercise: $0.93From: 2017-05-31Exp: 2022-05-31→ Common Stock (75,268,818 underlying)
Footnotes (3)
- [F1]The warrants being reported herein were received by Energy Strategic Advisory Services, LLC ("ESAS") in connection with its purchase from EXCO Resources, Inc. ("Issuer") of $70,000,000 principal amount of the Issuer's 8.0%/11.0% 1.5 Lien Senior Secured PIK Toggle Notes due 2022 pursuant to that certain Purchase Agreement dated March 15, 2017 by and among Issuer, the subsidiary guarantors named therein and certain purchasers named therein. The warrants were issued subject to approval by the Issuer's shareholders. Shareholder approval of the warrants was received on May 31, 2017.
- [F2]ESAS is the registered owner of the warrants herein reported. 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.
- [F3]The 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, 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.
Documents
Issuer
EXCO RESOURCES INC
CIK 0000316300
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0000316300
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 4:04 PM ET
- Size
- 6.7 KB