4//SEC Filing
ENERGY XXI (BERMUDA) LTD 4
Accession 0000929638-08-000362
CIK 0001343719operating
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 6:16 PM ET
Size
14.0 KB
Accession
0000929638-08-000362
Insider Transaction Report
Form 4
Seneca Capital International Ltd
10% Owner
Transactions
- Purchase
Common Stock, par value $.001
2008-06-20+8,076,390→ 13,576,390 total(indirect: See Footnotes) - Sale
Warrants
2008-06-20−9,225,000→ 0 total(indirect: See Footnote)Exercise: $5.00From: 2006-07-25Exp: 2009-10-20→ Common Stock, par value $.001 (9,225,000 underlying)
Seneca Capital Investments, LLC
10% Owner
Transactions
- Purchase
Common Stock, par value $.001
2008-06-20+8,076,390→ 13,576,390 total(indirect: See Footnotes) - Sale
Warrants
2008-06-20−9,225,000→ 0 total(indirect: See Footnote)Exercise: $5.00From: 2006-07-25Exp: 2009-10-20→ Common Stock, par value $.001 (9,225,000 underlying)
SENECA CAPITAL INVESTMENTS, L.P.
10% Owner
Transactions
- Sale
Warrants
2008-06-20−9,225,000→ 0 total(indirect: See Footnote)Exercise: $5.00From: 2006-07-25Exp: 2009-10-20→ Common Stock, par value $.001 (9,225,000 underlying) - Purchase
Common Stock, par value $.001
2008-06-20+8,076,390→ 13,576,390 total(indirect: See Footnotes)
Hirsch Douglas A
10% Owner
Transactions
- Purchase
Common Stock, par value $.001
2008-06-20+8,076,390→ 13,576,390 total(indirect: See Footnotes) - Sale
Warrants
2008-06-20−9,225,000→ 0 total(indirect: See Footnote)Exercise: $5.00From: 2006-07-25Exp: 2009-10-20→ Common Stock, par value $.001 (9,225,000 underlying)
Footnotes (3)
- [F1]The securities reported on this filing are held in the accounts of Seneca Capital International, Ltd. ("Seneca International") and other private investment vehicles (collectively, the "Vehicles"). Securities reported for Seneca Capital Investments, L.P. ("Seneca LP") reflect the securities held of record by Seneca International and certain of the other Vehicles, of which Seneca LP is the investment manager. Securities reported for Seneca Capital Investments, LLC ("Seneca LLC") include the securities held of record by the Vehicles, and include those reported for Seneca LP, of which Seneca LLC is the general partner. Seneca LLC also is the manager of one of the Vehicles. Securities reported for Douglas A. Hirsch include the securities reported for Seneca LLC, of which Mr. Hirsch is the managing member (Seneca International, Seneca LP, Seneca LLC and Mr. Hirsch are, collectively, the "Reporting Persons").
- [F2]Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose.
- [F3]Pursuant to an issuer exchange offer, the Reporting Persons disposed of 9,225,000 Warrants and paid an aggregate of $30,410,353.50 in exchange for 8,076,390 shares of Common Stock.
Issuer
ENERGY XXI (BERMUDA) LTD
CIK 0001343719
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001343719
Filing Metadata
- Form type
- 4
- Filed
- Jun 23, 8:00 PM ET
- Accepted
- Jun 24, 6:16 PM ET
- Size
- 14.0 KB