Filing Details

Accession Number:
0000899243-20-034979
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-23 16:05:31
Reporting Period:
2020-12-21
Accepted Time:
2020-12-23 16:05:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1403853 Nuverra Environmental Solutions Inc. NES () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1312908 Gates Capital Management, Inc. 1177 Avenue Of The Americas, 46Th Floor
New York NY 10036
No No Yes No
1394416 L Jeffrey Gates 1177 Avenue Of The Americas, 46Th Floor
New York NY 10036
No No Yes No
1630228 Gates Capital Management, L.p. 1177 Avenue Of The Americas, 46Th Floor
New York NY 10036
No No Yes No
1714043 Gates Capital Management Gp, Llc 1177 Avenue Of The Americas, 46Th Floor
New York NY 10036
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 2020-12-21 150,000 $4.66 6,906,917 No 4 S Direct
Common Stock Disposition 2020-12-21 185,811 $4.03 6,721,106 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Footnotes
  1. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $4.36 to $5.25. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  2. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $3.77 to $4.18. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  3. Gates Capital Management, L.P. ("Gates Capital"), acts as the investment manager to certain funds directly holding common stock, par value $0.01, of the issuer (the "Gates Capital Funds"). Gates Capital Management GP, LLC (the "General Partner") is the general partner of Gates Capital, with respect to the shares of common stock directly held by the Gates Capital Funds. Gates Capital Management, Inc. ("the Corporation"), is the managing member of the General Partner with respect to the shares of common stock directly held by the Gates Capital Funds. Jeffrey L. Gates serves as President of the Corporation with respect to the shares of common stock directly held by the Gates Capital Funds.
  4. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, may be deemed to share beneficial ownership of the common stock of the issuer held by the Funds. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, disclaims beneficial ownership of the common stock held by the Funds except to the extent of its pecuniary interests.