Filing Details
- Accession Number:
- 0001104659-23-126423
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-15 16:31:18
- Reporting Period:
- 2023-12-14
- Accepted Time:
- 2023-12-15 16:31:18
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 351817 | Silverbow Resources Inc. | SBOW | Crude Petroleum & Natural Gas (1311) | 203940661 |
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 | No | Yes | |
| 1473996 | Victor Khosla | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | No | Yes | |
| 1614274 | Svp Special Situations Iii Llc | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | No | Yes | |
| 1614275 | Svp Special Situations Iii-A Llc | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | No | Yes |
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 | 2023-12-14 | 2,530,000 | $26.90 | 393,351 | No | 4 | S | Indirect | See footnotes |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See footnotes |
Footnotes
- Represents 2,530,000 shares of Common Stock sold at a price of $26.90 per share to the underwriters pursuant to the Underwriting Agreement filed with the SEC as Exhibit 1.1 to the Current Report on Form 8-K filed by the Issuer on December 14, 2023, in connection with a registered public offering of shares of Common Stock by SVMF 71 LLC, as selling stockholder.
- The reported shares are held directly by SVMF 71 LLC. Strategic Value Partners, LLC (i) is the investment manager of Strategic Value Master Fund, Ltd., which has an ownership interest in SVMF 70 LLC, which has an ownership interest in SVMF 71 LLC, (ii) is the managing member of SVP Special Situations III LLC, which is the investment manager of Strategic Value Special Situations Master Fund III, L.P., which has an ownership interest in SVMF 70 LLC, which has an ownership interest in SVMF 71 LLC, and (iii) is the managing member of SVP Special Situations III-A LLC, which is the investment manager of Strategic Value Opportunities Fund, L.P., which has an ownership interest in SVMF 71 LLC.
- Mr. Khosla is the managing member of Milestone Holding Company, LLC, which in turn is the sole managing member of Midwood Holdings, LLC. Midwood Holdings, LLC is the managing member of Strategic Value Partners, LLC. Mr. Khosla is also the indirect majority owner and control person of Strategic Value Partners, LLC, SVP Special Situations III LLC and SVP Special Situations III-A LLC.
- The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Exchange Act, or otherwise, the beneficial owners of any of the shares of common stock of the Issuer. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest, if any.
Billionaire Hedge Funds
