13D Filing: Varde Partners Inc and Lilis Energy Inc. (LLEX)

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You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
The V rde Fund XI (Master) 19,429,044 0 18,134,353 0 19,429,044 25.4%
The V rde Fund XI G.P. 19,429,044 0 18,134,353 0 19,429,044 25.4%
The V rde Fund XII (Master) 13,824,512 0 12,903,290 0 13,824,512 19.5%
The V rde Fund XII G.P. 13,824,512 0 12,903,290 0 13,824,512 19.5%
The V rde Fund XII UGP 13,824,512 0 12,903,290 0 13,824,512 19.5%
The V rde Skyway Master Fund 6,071,576 0 5,666,985 0 6,071,576 9.6%
The V rde Skyway Fund G.P. 6,071,576 0 5,666,985 0 6,071,576 9.6%
V rde Investment Partners (Offshore) Master 2,802,266 0 2,615,531 0 2,802,266 4.7%
The V rde Fund VI-A 1,401,133 0 1,307,765 0 1,401,133 2.4%
V rde Investment Partners 3,175,901 0 2,964,269 0 3,175,901 5.3%
V rde Investment Partners G.P. 7,379,300 0 6,887,566 0 7,379,300 12.3%
V rde Partners 46,704,434 0 43,592,196 0 46,704,434 45.0%
V rde Partners, Inc 46,704,434 0 43,592,196 0 46,704,434 45.0%
George G. Hicks 0 46,704,434 0 43,592,196 46,704,434 45.0%

Page 1 of 23 – SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

under the Securities Exchange Act of 1934

(Amendment No. 5)

LILIS ENERGY,
INC.

(Name of Issuer)

Common Stock,
Par Value $0.001

(Title of Class of Securities)

532403201

(CUSIP Number)

David A. Marple

Värde Partners, Inc.

901 Marquette Ave. S, Suite 3300

Minneapolis, MN 55402

(952) 893-1554

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

Copies to:

Justin Fitzgerald Hoffman

Kirkland & Ellis LLP

609 Main Street

Houston,
TX 77002

(713) 836-3664

January 31, 2018

(Date of Event which Requires Filing of this Statement)

If the filing person has
previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box.   ☐

Note: Schedules filed in paper format shall
include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (Securities Exchange Act) or otherwise subject to the liabilities of that section of the Securities Exchange Act but
shall be subject to all other provisions of the Securities Exchange Act (however, see the Notes).

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