This Amendment No. 2 (“Amendment No. 2”) amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission (the “SEC”) by the Reporting Persons on April 12, 2021, as amended and supplemented by Amendment No. 1 to the Schedule 13D as filed with the SEC by the Reporting Persons on November 23, 2021 (the “Original Schedule 13D,” and as amended, the “Schedule 13D”). Capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule 13D. Except as expressly set forth herein, there have been no changes to the information set forth in the Schedule 13D.
Item 5. | Interest in Securities of the Issuer |
Item 5 of the Schedule 13D is hereby amended and restated as follows:
(a) and (b) As a result of the transactions disclosed in Item 5(c) below, the Reporting Persons no longer beneficially own any securities of the Issuer nor have sole or shared power to vote, direct the vote, dispose or direct the disposition with respect to any securities of the Issuer, and the filing of this Amendment No. 2 represents the final amendment to the Schedule 13D and constitutes an “exit” filing for each Reporting Person.
(c) The Blackstone Funds sold the following shares of Common Stock on February 16, 2022 at a price of $8.07 per share pursuant to Rule 144 promulgated under the Securities Act of 1933, as amended:
| | | | |
Seller | | Number of Shares of Common Stock Sold | |
Blackstone Capital Partners VI-NQ L.P. | | | 455,487 | |
Blackstone Energy Family Investment Partnership SMD L.P. | | | 45,860 | |
BEP CTOS Holdings L.P. | | | 472,446 | |
Blackstone Energy Family Investment Partnership NQ ESC L.P. | | | 23,457 | |
BCP CTOS Holdings L.P. | | | 466,472 | |
Blackstone Family Investment Partnership VI-NQ ESC L.P. | | | 2,264 | |
Blackstone Energy Partners NQ L.P. | | | 382,460 | |
Except as set forth in this Amendment No. 2, none of the Reporting Persons has effected any transaction in shares of Common Stock during the past 60 days.
(d) Not applicable.
(e) As of February 16, 2022, the Reporting Persons ceased to beneficially own more than 5% of the Issuer’s outstanding Common Stock and may no longer be deemed to be a member of a Section 13(d) group beneficially owning more than 5% of the Issuer’s outstanding Common Stock.