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Filing Details

Accession Number:: 0001104659-19-047182
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-08-23 18:17:18
Reporting Period:: 2019-08-21

Accepted Time:: 2019-08-23 18:17:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1282648	Halcon Resources Corp	HKRSQ	Investment Advice (6282)	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1176948	Ares Management Corp	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1259313	Ares Management Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1536937	L.p. Holdings Management Ares	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1620263	Ares Partners Holdco Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1620264	Ares Management Gp Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1620317	Ares Holdings Inc.	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1669983	Ares Holdco Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No
1761656	Ares Voting Llc	2000 Avenue Of The Stars 12Th Floor Los Angeles CA 90067	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value	Disposition	2019-08-21	350,000	$0.10	16,474,008	No	4	S	Indirect	See footnotes
Common Stock, $0.0001 Par Value	Disposition	2019-08-22	57,800	$0.10	16,416,208	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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value	86,857	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, $0.0001 Par Value	Warrants to Purchase Common Stock	$14.04	2016-09-09	2020-09-09	332,811	332,811	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-09-09	332,811	332,811	Indirect

Footnotes

The amount reported reflects an aggregate of 350,000 shares of the Issuer's Common Stock, $0.0001 par value ("Common Stock") sold in open market transactions on August 21, 2019 by the following entities in the following amounts: 94,735 shares by AF IV Energy II AIV B1, L.P., 15,037 shares by AF IV Energy II AIV A1, L.P., 22,553 shares by AF IV Energy II AIV A2, L.P., 9,522 shares by AF IV Energy II AIV A3, L.P., 9,737 shares by AF IV Energy II AIV A4, L.P., 12,479 shares by AF IV Energy II AIV A5, L.P., 9,773 shares by AF IV Energy II AIV A6, L.P., 5,012 shares by AF IV Energy II AIV A7, L.P., 9,723 shares by AF IV Energy II AIV A8, L.P., 10,079 shares by AF IV Energy II AIV A9, L.P., (continued in footnote 2)
15,037 shares by AF IV Energy II AIV A10, L.P., 5,638 shares by AF IV Energy II AIV A11, L.P., 10,022 shares by AF IV Energy II AIV A12, L.P., 4,311 shares by SSF III Halcon AIV B1, L.P., 18,476 shares by SSF III Halcon AIV 1, L.P., 2,772 shares by SSF III Halcon AIV 2, L.P., 5,297 shares by SSF III Halcon AIV 3, L.P., 31,830 shares by SSF IV Halcon AIV B1, L.P., 1,481 shares by SSF IV Halcon AIV 1, L.P., 10,915 shares by SSF IV Halcon AIV 2, L.P., 11,854 shares by SSF IV Halcon AIV 3, L.P., 2,964 shares by SSF IV Halcon AIV 4, L.P., 6,538 shares by SSF IV Halcon AIV 5, L.P., 10,998 shares by SSF IV Halcon AIV 6, L.P. and 13,217 shares by SSF IV Halcon AIV 7, L.P.
The amount reported reflects an aggregate of 57,800 shares of Common Stock sold in open market transactions on August 22, 2019 by the following entities in the following amounts: 15,643 shares by AF IV Energy II AIV B1, L.P., 2,483 shares by AF IV Energy II AIV A1, L.P., 3,724 shares by AF IV Energy II AIV A2, L.P., 1,572 shares by AF IV Energy II AIV A3, L.P., 1,608 shares by AF IV Energy II AIV A4, L.P., 2,061 shares by AF IV Energy II AIV A5, L.P., 1,614 shares by AF IV Energy II AIV A6, L.P., 828 shares by AF IV Energy II AIV A7, L.P., 1,606 shares by AF IV Energy II AIV A8, L.P., 1,665 shares by AF IV Energy II AIV A9, L.P., (continued in footnote 4)
2,483 shares by AF IV Energy II AIV A10, L.P., 931 shares by AF IV Energy II AIV A11, L.P., 1,655 shares by AF IV Energy II AIV A12, L.P., 712 shares by SSF III Halcon AIV B1, L.P., 3,051 shares by SSF III Halcon AIV 1, L.P., 458 shares by SSF III Halcon AIV 2, L.P., 875 shares by SSF III Halcon AIV 3, L.P., 5,256 shares by SSF IV Halcon AIV B1, L.P., 245 shares by SSF IV Halcon AIV 1, L.P., 1,803 shares by SSF IV Halcon AIV 2, L.P., 1,958 shares by SSF IV Halcon AIV 3, L.P., 490 shares by SSF IV Halcon AIV 4, L.P., 1,080 shares by SSF IV Halcon AIV 5, L.P., 1,816 shares by SSF IV Halcon AIV 6, L.P. and 2,183 shares by SSF IV Halcon AIV 7, L.P.
The amount reported reflects an aggregate of 16,416,208 shares of Common Stock held on August 23, 2019 by the following entities in the following amounts: 4,443,439 shares by AF IV Energy II AIV B1, L.P., 705,267 shares by AF IV Energy II AIV A1, L.P., 1,057,793 shares by AF IV Energy II AIV A2, L.P., 446,599 shares by AF IV Energy II AIV A3, L.P., 456,675 shares by AF IV Energy II AIV A4, L.P., 585,298 shares by AF IV Energy II AIV A5, L.P., 458,368 shares by AF IV Energy II AIV A6, L.P., 235,101 shares by AF IV Energy II AIV A7, L.P., 456,063 shares by AF IV Energy II AIV A8, L.P., 472,751 shares by AF IV Energy II AIV A9, L.P., 705,267 shares by AF IV Energy II AIV A10, L.P., (continued in footnote 6)
264,430 shares by AF IV Energy II AIV A11, L.P., 470,078 shares by AF IV Energy II AIV A12, L.P., 202,220 shares by SSF III Halcon AIV B1, L.P., 866,594 shares by SSF III Halcon AIV 1, L.P., 130,007 shares by SSF III Halcon AIV 2, L.P., 248,441 shares by SSF III Halcon AIV 3, L.P., 1,492,915 shares by SSF IV Halcon AIV B1, L.P., 69,464 shares by SSF IV Halcon AIV 1, L.P., 511,958 shares by SSF IV Halcon AIV 2, L.P., 556,009 shares by SSF IV Halcon AIV 3, L.P., 139,039 shares by SSF IV Halcon AIV 4, L.P., 306,678 shares by SSF IV Halcon AIV 5, L.P., 515,838 shares by SSF IV Halcon AIV 6, L.P., and 619,916 shares by SSF IV Halcon AIV 7, L.P.
The Issuer's securities held by the entities listed in footnotes 5, 6, 10 and 11 hereto (collectively, the "Purchasers") is managed by Ares Management LLC. The sole member of Ares Management LLC is Ares Management Holdings L.P. ("Ares Management Holdings") and the general partner of Ares Management Holdings is Ares Holdco LLC ("Ares Holdco"). The sole member of Ares Holdco is Ares Holdings Inc. ("Ares Holdings"). The sole stockholder of Ares Holdings is Ares Management Corporation ("Ares Management"). Ares Management GP LLC ("Ares Management GP") is the sole holder of the Class B common stock, $0.01 par value per share, of Ares Management (the "Class B Common Stock") and Ares Voting LLC ("Ares Voting") is the sole holder of the Class C common stock, $0.01 par value per share, of Ares Management (the "Class C Common Stock"). (continued in footnote 8)
Pursuant to Ares Management's Certificate of Incorporation in effect as of the date of this Form 4, the holders of the Class B Common Stock and the Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners Holdco LLC ("Ares Partners," and together with the Purchasers, Ares Management LLC, Ares Management Holdings, Ares Holdco, Ares Holdings, Ares Management, Ares Management GP and Ares Voting, the "Ares Entities"). Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Michael R. McFerran, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). (continued in footnote 9)
Mr. Ressler generally has veto authority over Board Members' decisions. Each of the Ares Entities (other than the Purchasers and Ares Management LLC with respect to the securities held directly by them) and the Board Members and the other directors, officers, partners, stockholders, members and managers of the Ares Entities expressly disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. The address of each Ares Entity is c/o Ares Management LLC, 2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067.
The amount reported reflects warrants exercisable for an aggregate of 332,811 shares, in the following amounts: 105,620 shares by AF IV Energy II AIV B1, L.P., 16,764 shares by AF IV Energy II AIV A1, L.P., 25,136 shares by AF IV Energy II AIV A2, L.P., 10,613 shares by AF IV Energy II AIV A3, L.P., 10,846 shares by AF IV Energy II AIV A4, L.P., 13,916 shares by AF IV Energy II AIV A5, L.P., 10,899 shares by AF IV Energy II AIV A6, L.P., 5,591 shares by AF IV Energy II AIV A7, L.P., 10,840 shares by AF IV Energy II AIV A8, L.P., 11,236 shares by AF IV Energy II AIV A9, L.P., 16,764 shares by AF IV Energy II AIV A10, L.P., (continued in footnote 11)
6,279 shares by AF IV Energy II AIV A11, L.P., 11,166 shares by AF IV Energy II AIV A12, L.P., 2,691 shares by SSF III Halcon AIV B1, L.P., 11,540 shares by SSF III Halcon AIV 1, L.P., 1,735 shares by SSF III Halcon AIV 2, L.P., 3,314 shares by SSF III Halcon AIV 3, L.P., 11. 20,518 shares by SSF IV Halcon AIV B1, L.P., 949 shares by SSF IV Halcon AIV 1, L.P., 7,031 shares by SSF IV Halcon AIV 2, L.P., 7,637 shares by SSF IV Halcon AIV 3, L.P., 1,910 shares by SSF IV Halcon AIV 4, L.P., 4,211 shares by SSF IV Halcon AIV 5, L.P., 7,089 shares by SSF IV Halcon AIV 6, L.P., and 8,516 shares by SSF IV Halcon AIV 7, L.P.
These securities were issued in connection with the bankruptcy reorganization plan (the "Plan") of the Issuer and its affiliates effective September 9, 2016 (the "Effective Date"). Pursuant to the Plan, the Reporting Persons were issued 17,981,822 shares of common stock and warrants to purchase 340,906 shares of common stock. Also pursuant to the Plan, on the Effective Date, total debt obligations of the Issuer and its subsidiaries held by the Reporting Persons or their affiliates in the aggregate of $314,929,000 were cancelled.