Filing Details

Accession Number:
0001104659-20-072150
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-10 20:32:40
Reporting Period:
2020-06-08
Accepted Time:
2020-06-10 20:32:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1517342 Pacific Drilling S.a. PACD () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1301912 Strategic Value Partners, Llc 100 West Putnam Avenue
Greenwich CT 06830
No No Yes No
1473996 Victor Khosla 100 West Putnam Avenue
Greenwich CT 06830
No No Yes No
1614274 Svp Special Situations Iii Llc 100 West Putnam Avenue
Greenwich CT 06830
No No Yes No
1614275 Svp Special Situations Iii-A Llc 100 West Putnam Avenue
Greenwich CT 06830
No No Yes No
1726861 Svp Special Situations Iv Llc 100 West Putnam Avenue
Greenwich CT 06830
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
Common Stock Disposition 2020-06-08 1,471,582 $1.04 4,733,015 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-08 1,338,125 $1.04 4,303,786 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-08 1,301,724 $1.04 4,186,709 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-08 628,890 $1.04 2,022,688 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-09 2,024,564 $0.80 2,708,451 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-09 1,840,959 $0.80 2,462,827 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-09 1,790,879 $0.80 2,395,830 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-09 865,212 $0.80 1,157,476 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-10 2,708,451 $0.58 0 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-10 2,462,827 $0.58 0 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-10 2,395,830 $0.58 0 No 4 S Indirect See footnotes
Common Stock Disposition 2020-06-10 1,157,476 $0.58 0 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
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Footnotes
  1. The reported securities are held directly by Rathgar, S.a.r.l., Yellow Sapphire, S.a.r.l., Queens Gate, S.a.r.l. and Kings Forest, S.a.r.l. (together, the "Funds") and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations IV LLC ("Special Situations IV") and SVP Special Situations III-A LLC ("Special Situations III-A"), each as an investment manager, and Victor Khosla ("Mr. Khosla" and, together with Strategic Value Partners, Special Situations III, Special Situations IV, and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.
  2. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons or the Funds are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owners of any securities of Pacific Drilling S.A. The Reporting Persons and the Funds disclaim such beneficial ownership, except to the extent of their pecuniary interest.
  3. Held directly by Rathgar, S.a.r.l., a Luxembourg limited liability company. Special Situations IV is the investment manager of, and exercises discretion over Strategic Value Special Situations Master Fund IV, LP, a Cayman Islands exempted limited partnership, which has an ownership interest in Ranelagh, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Rathgar, S.a.r.l. Strategic Value Partners is the managing member of Special Situations IV. Strategic Value Partners and Special Situations IV are both indirectly majority owned and controlled by Mr. Khosla.
  4. Held directly by Yellow Sapphire, S.a.r.l., a Luxembourg limited liability company. Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, LP, a Cayman Islands exempted limited partnership, which has an ownership interest in Blue Sapphire, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Yellow Sapphire, S.a.r.l. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.
  5. Held directly by Queens Gate, S.a.r.l., a Luxembourg limited liability company. Strategic Value Partners is the investment manager of, and exercises investment discretion over Strategic Value Master Fund, Ltd., a Cayman Islands exempted company, which has an ownership interest in Field Point (Europe) II, LLC, a Delaware limited liability company, which has an ownership interest in Field Point IV, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Queens Gate, S.a.r.l. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.
  6. Held directly by Kings Forest, S.a.r.l., a Luxembourg limited liability company. Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Opportunities Fund, LP, a Cayman Islands exempted limited partnership, which has an ownership interest in Kings Valley, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Kings Forest, S.a.r.l. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.