4//SEC Filing
Oasis Petroleum Inc. 4
Accession 0001181431-15-006382
$CHRDCIK 0001486159operating
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 6:17 PM ET
Size
13.1 KB
Accession
0001181431-15-006382
Insider Transaction Report
Form 4
MCDERMOTT EDWARD H
10% Owner
Transactions
- Sale
Common Stock
2015-04-30−0→ 20,387,500 total(indirect: See Footnotes)
SCULLY JOHN H
10% Owner
Transactions
- Sale
Common Stock
2015-04-30−0→ 20,387,500 total(indirect: See Footnotes)
WEINBERG ELI J
10% Owner
Transactions
- Sale
Common Stock
2015-04-30−0→ 20,387,500 total(indirect: See Footnotes)
Edward & Elizabeth McDermott Trust
10% Owner
Transactions
- Sale
Common Stock
2015-04-30−0→ 20,387,500 total(indirect: See Footnotes)
JOHN H SCULLY LIVING TRUST
10% Owner
Transactions
- Sale
Common Stock
2015-04-30−0→ 20,387,500 total(indirect: See Footnotes)
Footnotes (4)
- [F1]This form is being filed as part of an internal restructuring that occurred on April 30, 2015 in which Edward H. McDermott ("EHM") ceased to be, for purposes of Section 13D of the Securities and Exchange Act of 1934, a controlling person of SPO Advisory Corp. ("SPO Corp."), which also involved the Edward & Elizabeth McDermott Trust ("EHM Trust"), the John H. Scully Living Trust ("JHS Trust"), and Eli J. Weinberg ("EJW"). Following the transaction which caused this filing, EHM directly owns 13,000 shares of the Issuer's common stock. These shares are no longer included in the SPO filing group.
- [F2]Additionally, following the transaction which caused this filing 19,066,100 shares of the issuer's common stock are owned directly by SPO Partners II, L.P. ("SPO Partners") and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Corp., the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS") and EJW, the two controlling persons of SPO Corp. Additionally 1,308,400 shares are owned directly by San Francisco Partners, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS and EJW, the two controlling persons of SPO Corp.
- [F3]Additionally, following the transaction which caused this filing, Phoebe Snow Foundation ("PSF") owns 198,600 shares of the Issuer's common stock and Scully Memorial Foundation ("SMF") owns 698,000 shares of the Issuer's common stock. These shares may be deemed to be beneficially owned by JHS solely in his capacity as a controlling person, director and executive officer of PSF and SMF, respectively. Additionally, 1,842 shares are owned directly by Ian R. McGuire.
- [F4]A portion of the shares involved in the transaction causing this filing is a transaction that is matchable under section 16(b) of the Securities Exchange Act of 1934. The matchable shares represent less than 0.01% of the outstanding shares held by the reporting persons and are matchable as a result of an internal restructuring that amounted to an indirect sale. A reporting person included in the filing is disgorging the deemed profits from this transaction to the issuer from the sale of these shares.
Documents
Issuer
Oasis Petroleum Inc.
CIK 0001486159
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001486159
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 6:17 PM ET
- Size
- 13.1 KB