13D Filing: Carl H Westcott and Comstock Resources Inc (NYSE:CRK)

Page 2 of 17 – SEC Filing

 

CUSIP No. 205768203

13D

 

 

 

1.

Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (Entities Only).

 

Carl H. Westcott

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
PF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
588,500 (1)

 

8.

Shared Voting Power
307,000 (1)

 

9.

Sole Dispositive Power
588,500 (1)

 

10.

Shared Dispositive Power
337,558 (1) (2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
926,058 (1) (2)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
6.06% (3)

 

 

14.

Type of Reporting Person
IN

 


(1)                                 Carl H. Westcott directly holds 588,500 shares of common stock, par value $0.50 per share (the Common Stock), of Comstock Resources, Inc., a Nevada corporation (the Issuer). Additionally, Mr. Westcott exercises shared voting and disposition power over 307,000 shares of Common Stock with Court H. Westcott as managers of Carl Westcott, LLC, the general partner of each of Commodore Partners, Ltd. (Commodore Partners), which directly owns 288,000 shares of Common Stock, and G.K. Westcott LP (GK Westcott), which directly owns 19,000 shares of Common Stock.

 

(2)                                 Carl H. Westcott has shared discretionary authority to purchase and dispose of shares of Common Stock under various accounts for the benefit of the following persons, who directly hold the following amounts of shares of Common Stock: Court H. Westcott, 4,000 shares; Carla Westcott, 9,008 shares; Peter Underwood, 13,500 shares; Francisco Trejo, Jr., 2,050 shares; and Rosie Greene, 2,000 shares. Carl H. Westcott does not exercise any voting power over any such shares of Common Stock owned by the aforementioned individuals and expressly disclaims beneficial ownership of such shares.

 

(3)                                 The percentage ownership is based on 15,283,541 shares of Common Stock outstanding, as reported by the Issuer in its definitive proxy statement on Schedule 14A filed on April 3, 2017.

 

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