Filing Details

Accession Number:
0001181431-14-018715
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-08 18:50:35
Reporting Period:
2014-05-06
Filing Date:
2014-05-08
Accepted Time:
2014-05-08 18:50:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1060990 Quicksilver Resources Inc KWK Crude Petroleum & Natural Gas (1311) 752756163
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
919468 Spo Advisory Corp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
948279 Sf Advisory Partners Lp 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
No No Yes No
1046206 Spo Partners Ii Lp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1202553 H John Scully 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1252456 Spo Advisory Partners Lp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1252458 San Francisco Partners Lp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1252462 J Eli Weinberg 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
No No Yes No
1252464 H Edward Mcdermott 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-05-06 3,500,000 $2.83 21,485,154 No 4 S Indirect See footnotes
Common Stock Disposition 2014-05-07 2,700,000 $2.63 18,785,154 No 4 S Indirect See footnotes
Common Stock Disposition 2014-05-08 1,150,000 $2.53 17,635,154 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Footnotes
  1. The entities directly selling the shares reported in this filing are SPO Partners II, L.P. ("SPO Partners"), which sold 6,857,600 shares, and San Francisco Partners, L.P. ("SF Partners"), which sold 492,400 shares. The range of prices for the sales on 5/6/14, reported in Line 1 above, was $2.75-$3.04; the range of prices for the sales on 5/7/14, reported in Line 2 above, was $2.59-$2.83; and the range of prices for the sales on 5/8/14, reported in Line 3 above, was $2.41-$2.67. (full detailed information regarding the shares sold at each price will be provided upon request ).
  2. As a result of the sales causing this filing, 16,453,654 shares are owned directly by SPO Partners, and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, LP ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), Edward H. McDermott ("EHM") and Eli J. Weinberg ("EJW") the three controlling persons of SPO Corp. Additionally, 1,181,500 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, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, EHM and EJW, the three controlling persons of SPO Corp.
  3. Additionally, (i) 19,900 shares are directly owned by JHS and are held in an IRA, which is self-directed, and (ii) 2,300 shares are directly owned by EHM and are held in an IRA, which is self-directed.