SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol Gener8 Maritime, Inc. [ GNRT ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 05/07/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) 06/29/2015 | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 05/07/2015 | J(1) | 9,800,560 | D | (1) | 0 | D(3)(4)(5)(6)(7) | |||
Common Stock | 05/07/2015 | J(1) | 9,800,560 | A | (1) | 9,800,560 | D(3)(4)(5)(6)(7) | |||
Class B Common Stock | 05/07/2015 | J(1) | 1,684,047 | D | (1) | 0 | D(3)(4)(5)(6)(7) | |||
Common Stock | 05/07/2015 | J(1) | 1,684,047 | A | (1) | 11,484,607 | D(3)(4)(5)(6)(7) | |||
Common Stock | 05/07/2015 | J(2) | 52,269 | A | $12.48 | 11,536,876 | D(3)(4)(5)(6)(7) | |||
Common Stock | 06/25/2015 | P | 104,985 | A | $13.12 | 11,641,861 | D(3)(4)(5)(6)(7) | |||
Common Stock | 06/25/2015 | P | 98,139 | A | $13.05 | 11,740,000 | D(3)(4)(5)(6)(7) | |||
Common Stock | 06/26/2015 | P | 183,244 | A | $13.44 | 11,923,244 | D(3)(4)(5)(6)(7) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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Explanation of Responses: |
1. Pursuant to a reclassification exempt under Rule 16b-7, each share of Class A Common Stock and each share of Class B Common Stock of General Maritime Corporation held by OCM Marine Holdings TP, L.P. ("OCM Marine") was reclassified into one share of Common Stock of the Issuer on May 7, 2015. |
2. Represents shares issued by the Issuer in respect of a commitment fee in connection with the Equity Purchase Agreement, dated as of February 24, 2015 (as amended on March 19, 2015), by and between General Maritime Corporation, Navig8 Crude Tankers, Inc. and the commitment parties thereto. |
3. OCM Marine directly owns the common stock (the "Common Stock") of the Issuer. This Form 4 is also being filed by: (i) OCM Marine GP CTB, Ltd. ("OCM Marine GP") in its capacity as the general partner of OCM Marine; (ii) Oaktree Capital Management, L.P. ("OCM LP") in its capacity as the sole director of OCM Marine, GP (iii) Oaktree Holdings, Inc. ("Holdings, Inc.") in its capacity as the general partner of OCM LP; (iv) Oaktree Capital Group, LLC ("OCG") in its capacity as the sole shareholder of Holdings, Inc. and the managing member of Oaktree Holdings, LLC ("Holdings LLC"); (v) Oaktree Capital Group Holdings GP, LLC ("OCGH GP") in its capacity as the duly appointed manager of OCG; (vi) Oaktree Principal Fund V, L.P. ("PFV") in its capacity as the majority shareholder of OCM Marine GP; |
4. (vii) Oaktree Principal Fund V GP, L.P. ("PFV GP") in its capacity as the general partner of PFV; (viii) Oaktree Principal Fund V GP Ltd. ("PFV GP GP") in its capacity as the general partner of PFV GP; (ix) Oaktree Fund GP I, L.P. ("GP I") in its capacity as the sole shareholder of PFV GP GP; (x) Oaktree Capital I, L.P. ("Capital I") in its capacity as the general partner of GP I; (xi) OCM Holdings I, LLC ("Holdings I") in its capacity as the general partner of Capital I; and (xii) Holdings LLC in its capacity as the managing member of Holdings I (each of OCM Marine GP, OCM LP, Holdings, Inc., OCG, OCGH GP, PFV, PFV GP, PFV GP GP, GP I, Capital I, Holdings I and Holdings LLC, a "Reporting Person" and collectively, "Reporting Persons"). |
5. Each Reporting Person disclaims beneficial ownership of all Common Stock reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any Common Stock covered by this Form 4. |
6. OCGH GP is a limited liability company managed by an executive committee consisting of Howard S. Marks, Bruce A. Karsh, Sheldon M. Stone, Stephen A. Kaplan, John B. Frank, David Kirchheimer, and Jay S. Wintrob (the "OCGH GP Members"). In such capacity, the OCGH GP Members may be deemed to have indirect beneficial ownership of the Common Stock held directly by OCM Marine. Each OCGH GP Member expressly disclaims beneficial ownership of the Common Stock held directly by OCM Marine, except to the extent of his respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any Common Stock covered by this Form 4. |
7. Adam Pierce, a managing director at OCM LP, serves on the board of directors of the Issuer and, as a result, the Reporting Persons may be deemed directors by deputization. |
Remarks: |
This Form 4 is being filed in two parts due to the large number of reporting persons. This filing is being filed by OCM Marine Holdings TP, L.P., OCM Marine GP CTB, Ltd., Oaktree Principal Fund V, L.P., Oaktree Principal Fund V GP, L.P., Oaktree Principal Fund V GP Ltd., Oaktree Fund GP I, L.P., Oaktree Capital I, L.P., OCM Holdings I, LLC and Oaktree Holdings, LLC. An accompanying filing is being filed, on the date hereof, by Oaktree Capital Group Holdings GP, LLC, Oaktree Capital Group, LLC, Oaktree Capital Management, L.P. and Oaktree Holdings, Inc. All filings relate to the same holdings described above. Adam Pierce, a managing director at OCM LP, serves on the board of directors of the Issuer and, as a result, the Reporting Persons may be deemed directors by deputization. This Form 4/A amends and restates in its entirety the Form 4 filed on June 29, 2015 to reflect such status. |
OCM MARINE HOLDINGS TP, L.P. By: OCM Marine GP CTB, Ltd. Its: General Partner By: Oaktree Capital Management, L.P. Its: Dir. By: /s/ Jamie Toothman Name: Jamie Toothman Title: VP | 08/17/2016 | |
OCM MARINE GP CTB, LTD. By: Oaktree Capital Management, L.P. Its: Director By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE PRINCIPAL FUND V, L.P. By: Oaktree Principal Fund V GP, L.P. Its: GP By: Oaktree Principal Fund V GP Ltd. Its: GP By: Oaktree Capital Management, L.P. Its: Dir. By: /s/ Jamie Toothman, Vice President | 08/17/2016 | |
OAKTREE PRINCIPAL FUND V GP, L.P. By: Oaktree Principal Fund V GP Ltd. Its: GP By: Oaktree Capital Management, L.P. Its: Dir. By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE PRINCIPAL FUND V GP LTD. By: Oaktree Capital Management, L.P. Its: Director By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE FUND GP I, L.P. By: /s/ Jamie Toothman Name: Jamie Toothman Title: Authorized Signatory | 08/17/2016 | |
OAKTREE CAPITAL I, L.P. By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OCM HOLDINGS I, LLC By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE HOLDINGS, LLC By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |