Filing Details

Accession Number:
0000905718-19-000953
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-18 16:56:32
Reporting Period:
2019-11-14
Accepted Time:
2019-11-18 16:56:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1705873 Berry Petroleum Corp BRY () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1543160 Benefit Street Partners Llc 9 West 57Th Street, Suite 4920
New York NY 10019
Yes No Yes No
1610124 Thomas Gahan 9 West 57Th Street, Suite 4920
New York NY 10019
Yes 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
Common Stock Disposition 2019-11-14 1,100,000 $11.30 900,000 No 4 S Indirect By Benefit Street Credit Alpha Master Fund Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Benefit Street Credit Alpha Master Fund Ltd.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,193,538 Indirect By Providence Debt Fund III L.P.
Common Stock 1,700,678 Indirect By BSP Berry DF3 3 LLC
Common Stock 444,302 Indirect By SEI Institutional Investments Trust - High Yield Bond Fund
Common Stock 330,509 Indirect By SEI Institutional Managed Trust - High Yield Bond Fund
Common Stock 167,757 Indirect By SEI Global Master Fund plc - The SEI High Yield Fixed Income Fund
Common Stock 77,223 Indirect By U.S. High Yield Bond Fund
Common Stock 1,846,227 Indirect By BSP Berry Special Situations 3 LLC
Common Stock 1,974,368 Indirect By BSP Berry SEI 2 LLC
Common Stock 1,044,435 Indirect By fund-of-one managed by BSP on behalf of institutional client
Common Stock 1,019,301 Indirect By BSP Special Situations Master A L.P.
Footnotes
  1. The reported shares are held in the respective quantities indicated by Benefit Street Credit Alpha Master Fund Ltd., Providence Debt Fund III L.P., BSP Berry DF3 3 LLC, SEI Institutional Investments Trust - High Yield Bond Fund, SEI Institutional Managed Trust - High Yield Bond Fund, SEI Global Master Fund plc - The High Yield Fixed Income Fund, U.S. High Yield Bond Fund, BSP Berry Special Situations 3 LLC, BSP Berry SEI 2 LLC, a fund-of-one managed by Benefit Street Partners L.L.C. ("BSP") on behalf of an institutional client, and BSP Special Situations Master A L.P. (collectively, the "BSP Funds"). BSP serves as the investment adviser to each of the BSP Funds. Mr. Gahan controls BSP through his indirect ownership of membership interests of BSP and as Chief Executive Officer of BSP's sole managing member (continued in footnote 2).
  2. (continued from footnote 1) As a result, each of BSP and Mr. Gahan may be deemed to beneficially own the securities held by each of the BSP Funds. Each reporting person disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Pursuant to a stockholders agreement between Berry Petroleum Corporation (the "Issuer") and certain holders party thereto, BSP has the right to designate a director to the Issuer's board of directors. Brent S. Buckley currently serves as BSP's designee.