4//SEC Filing
Seventy Seven Energy Inc. 4
Accession 0000899243-17-010653
CIK 0001532930operating
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 5:32 PM ET
Size
6.8 KB
Accession
0000899243-17-010653
Insider Transaction Report
Form 4
Axelrod Andrew
Director
Transactions
- Disposition to Issuer
Common Stock
2017-04-20−3,579,743→ 0 total(indirect: See Footnote)
Footnotes (3)
- [F1]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]Pursuant to the Agreement, at the effective time of the Merger, 3,579,743 shares of common stock of the Issuer were each converted into the right to receive the Merger Consideration.
- [F3]These shares of Common Stock are held for the accounts of Axar Master Fund, Ltd. and Star V. Partners LLC. Axar Capital Management, LP serves as investment manager to each of Axar Master Fund, Ltd. and Star V. Partners LLC. Axar GP, LLC, is the sole general partner of Axar Capital Management, LP. Mr. Axelrod is the sole members of Axar GP, LLC and is the managing partner, portfolio manager and majority control person of Axar Capital Management, LP.
Documents
Issuer
Seventy Seven Energy Inc.
CIK 0001532930
Entity typeoperating
IncorporatedOK
Related Parties
1- filerCIK 0001532930
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 5:32 PM ET
- Size
- 6.8 KB