Home > Insider Trading > Filing (0001493152-15-001385)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1135657	Eco-Stim Energy Solutions Inc.	ESES	Oil & Gas Field Services, Nec (1389)	208203420

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1512374	Ahmad Al-Sati	C/O Albright Capital Management Llc 1101 New York Avenue, Nw Washington DC 20005		Yes	No	No	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	Acquisiton	2015-02-19	173,911	$5.75	1,507,244	No	4	P	Indirect	See footnotes 1 and 3

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnotes 1 and 3

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Notes	Acquisiton	2014-10-28	0	$0.00	1,689,351	$6.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2014-10-28	2018-05-28	No	4	J	Indirect

Footnotes

On February 19, 2015, ACM Emerging Markets Master Funds I, L.P. (the "Fund") purchased 173,911 shares of Common Stock at a price of $5.75 per share in an underwritten public offering by Eco-Stim Energy Solutions, Inc. (the "Issuer").
The Issuer previously issued to the Fund a multiple draw secured promissory note (the "Convertible Note") with a maximum aggregate principal amount of $22,000,000, convertible into Common Stock at a price of $6 per share. On October 28, 2014, the Issuer drew $10,136,115, the remainder of the Convertible Note, convertible into 1,689,351 shares of Common Stock at the option of the Fund, for a total balance of $22,000,000, such total balance convertible into 3,666,666 shares of Common Stock at the option of the Fund.
The Reporting Person is a managing director of Albright Capital Management LLC (the "GP"), the general partner of the Fund, and accordingly may have an indirect pecuniary interest in the securities of the Issuer beneficially owned by the Fund. Such indirect pecuniary interest cannot be calculated through a proportionate allocation of securities of the Issuer. Therefore, the entire amount of the Fund's interest is being reported. The Reporting Person disclaims beneficial ownership of the securities of the Issuer held by the Fund, except to the extent of his pecuniary interest therein.