Filing Details

Accession Number:
0001209191-12-008180
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-07 16:54:49
Reporting Period:
2012-02-02
Filing Date:
2012-02-07
Accepted Time:
2012-02-07 16:54:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1092839 Dune Energy Inc DUNR Oil & Gas Field Services, Nec (1389) 954737507
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1540859 Bluemountain Gp Holdings, Llc 280 Park Avenue
5Th Floor East
New York NY 10017
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 Acquisiton 2012-02-02 40 $3.00 1,851,155 No 4 P Direct
Common Stock Acquisiton 2012-02-02 241 $3.00 1,635,692 No 4 P Direct
Common Stock Acquisiton 2012-02-02 281 $3.00 7,310,200 No 4 P Indirect See Explanation of Responses
Common Stock Acquisiton 2012-02-03 10 $2.95 1,851,165 No 4 P Direct
Common Stock Acquisiton 2012-02-03 60 $2.95 1,635,752 No 4 P Direct
Common Stock Acquisiton 2012-02-03 70 $2.95 7,310,270 No 4 P Indirect See Explanation of Responses
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Indirect See Explanation of Responses
No 4 P Direct
No 4 P Direct
No 4 P Indirect See Explanation of Responses
Footnotes
  1. The filing of this Form 4 shall not be construed as an admission that BlueMountain Capital Management, LLC ("BMCM") or any of the General Partners (as defined in Footnote 4 below) is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any of the shares of Common Stock, par value $0.001 per share (the "Common Stock") of Dune Energy Inc. (the "Issuer"). Pursuant to Rule 16a-1(a)(4) of the Exchange Act, BMCM and the General Partners disclaim such beneficial ownership, except to the extent of their pecuniary interest
  2. BMCM is the investment manager of each of (i) Blue Mountain Credit Alternatives Master Fund L.P. ("BMCA"), which directly owns 1,896,955 shares of Common Stock (the "BMCA Shares"), (ii) BlueMountain Long/Short Credit Master Fund L.P. ("Long/Short Credit") which directly owns 1,851,115 shares of Common Stock (the "Long/Short Credit Shares"), (iii) BlueMountain Distressed Master Fund L.P. ("Distressed"), which directly owns 1,635,451 shares of Common Stock (the "Distressed Shares"), (iv) BlueMountain Strategic Credit Master Fund L.P. ("Strategic Credit"), which directly owns 252,612 shares of Common Stock (the "Strategic Credit Shares") and (v) BlueMountain Timberline Ltd. ("Timberline" and together with BMCA, Long/Short Credit, Distressed and Timberline, the "BlueMountain Funds"), which directly owns 1,673,786 shares of Common Stock (the "Timberline Shares"). The shareholding information set forth in this Footnote 2 is as of 02/01/2012.
  3. BMCM, although it directs the voting and disposition of the shares held by the BlueMountain Funds, only receives an asset-based fee relating to such shares of Common Stock
  4. (i) Blue Mountain CA Master Fund GP, Ltd. ("BMCA GP") is the general partner of BMCA and has an indirect profits interest in the BMCA Shares owned by BMCA; (ii) BlueMountain Long/Short Credit GP, LLC ("Long/Short Credit GP") is the general partner of Long/Short Credit and has an indirect profits interest in the Long/Short Credit Shares owned by Long/Short Credit; (iii) BlueMountain Distressed GP, LLC ("Distressed GP") is the general partner of Distressed and has an indirect profits interest in the Distressed Shares owned by Distressed; (iv) BlueMountain Strategic Credit GP, LLC ("Strategic Credit GP" and together with BMCA GP, Long/Short Credit GP and Distressed GP, the "General Partners") is the general partner of Strategic Credit and has an indirect profits interest in the Strategic Credit Shares owned by Strategic Credit
  5. BlueMountain GP Holdings, LLC ("GP Holdings") is the ultimate general partner of each of BMCA, Long/Short Credit, Distressed and Strategic Credit (the "Partnerships") and has an indirect profits interest in the Common Stock owned by each of the Partnerships
  6. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act. The Form 4 for BMCM, the General Partners and the BlueMountain Funds is being filed separately and simulaneously with this Form 4 due to the limitation of ten Reporting Persons per each filing.
  7. On February 2, 2012, Long/Short Credit purchased an additional 40 shares of Common Stock and Distressed purchased an additional 241 shares of Common Stock
  8. On February 3, 2012, Long/Short Credit purchased an additional 10 shares of Common Stock and Distressed purchased an additional 60 shares of Common Stock