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Filing Details

Accession Number:
0001104659-17-052762
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-08-18 21:38:19
Reporting Period:
2017-08-16
Filing Date:
2017-08-18
Accepted Time:
2017-08-18 21:38:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1699039 Ranger Energy Services Inc. RNGR Oil & Gas Field Services, Nec (1389) 815449572
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1715070 Csl Energy Opportunity Gp I, Llc 1000 Louisiana Street, Suite 3850
Houston TX 77002
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
Class A Common Stock Acquisiton 2017-08-16 612,069 $14.50 2,250,455 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 5,621,491 Indirect See Footnotes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock RNGR Energy Services, LLC Units $0.00 5,621,491 5,621,491 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
5,621,491 5,621,491 Indirect
Footnotes
  1. 612,069 shares were purchased pursuant to the initial public offering of Ranger Energy Services, Inc. (the "Issuer") and are held by CSL Energy Opportunities Master Fund, LLC ("CSL MF"). CSL Energy Opportunity GP I, LLC (the "Reporting Person") is the managing member of CSL MF. Therefore, the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of these shares in excess of its pecuniary interest therein.
  2. 1,325,261 of these shares are held directly by Ranger Energy Holdings II, LLC ("REH II"). Subject to the terms of the Amended and Restated Limited Liability Company Agreement of REH II, CSL Energy Holdings I, LLC ("CSL HI"), together with CSL Energy Holdings II, LLC, has the right to appoint the sole manager of REH II. The Reporting Person is the managing member of CSL HI. Therefore, CSL HI and the Reporting Person may be deemed to share voting and dispositive power over the shares held by REH II and may also be deemed to be the indirect beneficial owners of such shares. CSL HI and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
  3. 313,125 of these shares are held directly by Torrent Energy Holdings II, LLC ("TEH II"). Subject to the terms of the Amended and Restated Limited Liability Company Agreement of TEH II, CSL HI is the sole managing member of TEH II. The Reporting Person is the managing member of CSL HI. Therefore, CSL HI and the Reporting Person may be deemed to share voting and dispositive power over the shares held by TEH II and may also be deemed to be the indirect beneficial owners of such shares. CSL HI and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
  4. Each share of Class B common stock has no economic rights, but entitles its holder to one vote on all matters to be voted on by stockholders generally.
  5. 4,482,641 of these shares are held directly by Ranger Energy Holdings, LLC ("REH"). Subject to the terms of the Third Amended and Restated Limited Liability Company Agreement of REH, CSL Energy Opportunities Fund I, L.P. ("CSL OI"), together with CSL Energy Opportunities Fund II, L.P., has the right to appoint managers of REH, which managers hold the right to cast a majority of the votes entitled to be cast by all managers of REH. The Reporting Person is the general partner of CSL OI. Therefore, CSL OI and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL OI and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
  6. 1,138,850 of these shares are held directly by Torrent Energy Holdings, LLC ("TEH"). Subject to the terms of the Third Amended and Restated Limited Liability Company Agreement of TEH, CSL OI is the sole managing member of TEH. The Reporting Person is the general partner of CSL OI. Therefore, CSL OI and the Reporting Person may be deemed to share voting and dispositive power over the shares held by TEH and may also be deemed to be the indirect beneficial owners of such shares. CSL OI and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
  7. Subject to the terms of the Amended and Restated Limited Liability Company Agreement of RNGR Energy Services, LLC ("Ranger LLC"), shares of the Class B common stock of the Issuer (together with a corresponding number of units issued by Ranger LLC) are exchangeable from time to time for shares of Class A common stock of the Issuer. Each of Ranger LLC and the Issuer has the option to deliver cash in lieu of shares of Class A common stock upon the exercise of such exchange rights, subject to certain reclassification and retraction rights, as applicable.