UNITED STATES |
SECURITIES AND EXCHANGE COMMISSION |
Washington, D.C. 20549 |
SCHEDULE 13D |
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
California resources corporation
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
13057Q305
(CUSIP Number)
Naseem Sagati Aghili
Ares Management Corporation
2000 Avenue of the Stars, 12th Floor,
Los Angeles, California 90067
(310) 201-4165
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 6, 2022
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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 control number.
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons AF V Energy IV AIV 1A, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 585,254 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 585,254 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 585,254 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 0.7%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 12, 2021 (“10-Q”). |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons AF V Energy IV AIV 1B, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 2,141,731 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 2,141,731 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 2,141,731 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 2.7%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons AF V Energy IV AIV 2, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 2,181,788 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 2,181,788 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 2,181,788 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 2.7%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons AEOF ECR AIV A-B, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 1,894,861 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 1,894,861 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,894,861 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 2.4%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons AEOF ECR AIV C, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 804,524 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 804,524 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 804,524 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 1.0%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons AF Energy Feeder, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 2,549,710 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 2,549,710 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 2,549,710 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 3.2%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons ACOF Investment Management LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) OO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Management LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) OO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Management Holdings L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨ | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) PN | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Holdco LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) OO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Management Corporation | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) CO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Voting LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) OO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Management GP LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) OO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October 31, 2021 as disclosed by the Issuer in its 10-Q. |
CUSIP No. 13057Q305 | ||||||
1. | Names of Reporting Persons Ares Partners Holdco LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
(a) | ¨ | |||||
(b) | x | |||||
3. | SEC Use Only | |||||
4. | Source of Funds (See Instructions) OO | |||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||||
6. | Citizenship or Place of Organization Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 0 | ||||
8. | Shared Voting Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
9. | Sole Dispositive Power 0 | |||||
10. | Shared Dispositive Power 10,157,868 (See Items 3, 4, 5 and 6) | |||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 10,157,868 (See Items 3, 4, 5 and 6) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||||
13. | Percent of Class Represented by Amount in Row (11) 12.6%* (See Items 3, 4, 5 and 6) | |||||
14. | Type of Reporting Person (See Instructions) OO | |||||
* | The calculation of the percentage of outstanding shares is based on 80,392,897 shares of Common Stock outstanding as of October��31, 2021 as disclosed by the Issuer in its 10-Q. |
This Amendment No. 6 (this “Amendment No. 6”) to the statement on Schedule 13D amends and supplements the statement on Schedule 13D filed by the Reporting Persons on November 6, 2020 (the “Original Schedule 13D”), as amended by Amendment No. 1 to the Original Schedule 13D filed by the Reporting Persons on May 25, 2021, Amendment No. 2 to the Original Schedule 13D filed by the Reporting Persons on June 9, 2021, Amendment No. 3 to the Original Schedule 13D filed by the Reporting Persons on June 16, 2021, Amendment No. 4 to the Original Schedule 13D filed by the Reporting Persons on June 24, 2021 and Amendment No. 5 to the Original Schedule 13D filed by the Reporting Persons on September 23, 2021 (as so amended, the “13D Filing,” and, together with this Amendment No. 6, this “Schedule 13D”). Except as amended in this Amendment No. 6, the 13D Filing remains in full force and effect. Terms defined in the 13D Filing are used in this Amendment No. 6 as so defined, unless otherwise defined in this Amendment No. 6.
Item 2. Identity and Background
The last sentence of Item 2(a) of the 13D Filing is hereby amended and restated as follows:
The Reporting Persons have entered into a joint filing agreement, dated as of January 10, 2022, a copy of which is attached to this Schedule 13D as Exhibit 99.1.
Item 5. Interest in Securities of the Issuer
Items 5(a) and 5(c) of the 13D Filing are hereby amended and restated in its entirety as follows:
(a) Aggregate Number and Percentage of Securities. As of the date that this Schedule 13D is filed, (i) ACOF AIV 1A directly holds 585,254 shares of Common Stock, (ii) ACOF AIV 1B directly holds 2,141,731 shares of Common Stock, (iii) ACOF AIV 2 directly holds 2,181,788 shares of Common Stock, (iv) AEOF AIV A-B directly holds 1,894,861 shares of Common Stock, (v) AEOF AIV C directly holds 804,524 shares of Common Stock and (vi) AF Energy Feeder, L.P. directly holds 2,549,710 shares of Common Stock. The Reporting Persons, as a result of the relationships described in Item 2, may be deemed to directly or indirectly beneficially own the shares of Common Stock directly held by the ACOF AIVs, the AEOF AIVs and AF Energy Feeder, L.P. (as applicable). See Items 11 and 13 of the cover pages to, and Item 2 of, this Schedule 13D for the aggregate number of Common Stock and the percentage of Common Stock beneficially owned by each of the Reporting Persons.
(c) Transactions within the past 60 days. On December 13, 2021, the Reporting Persons collectively wrote, or may be deemed to have written, in the aggregate 3,500 exchange-traded call options. ACOF AIV 1A wrote 275 call options; ACOF AIV 1B wrote 1,005 call options; ACOF AIV 2 wrote 1,024 call options; and AF Energy Feeder, L.P. wrote 1,196 call options. Each call option represents 100 shares of Common Stock and was sold for $5.00. The call options have an exercise price of $60.00 per share and expire on December 16, 2022.
Since the filing of the Amendment No. 5 to the Original Schedule 13D, the ACOF AIVs and AF Energy Feeder, L.P. sold Common Stock in the transactions set forth in Exhibit 4 attached to this Schedule 13D, which is incorporated by reference into this Item 5(c) in its entirety. Except as set forth in this Item 5(c) and Exhibit 4 attached to this Schedule 13D, none of the Reporting Persons has effected any transaction in Common Stock during the past 60 days.
Item 7. Material to be Filed as Exhibits
Exhibit 4 | Trading Data | |
Exhibit 99.1 | Joint Filing Agreement, dated as of January 10, 2022, by and among the Reporting Persons. |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: January 10, 2022
AF V Energy IV AIV 1A, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AF V Energy IV AIV 1B, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AF V Energy IV AIV 2, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AEOF ECR AIV A-B, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
AEOF ECR AIV C, L.P. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
AF energy feeder, l.p. | |||
By: | ACOF Investment Management llc | ||
Its: | Manager | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ACOF Investment Management llc | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT HOLDINGS L.P. | |||
By: | ARES HOLDCO LLC | ||
Its: | General Partner | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES HOLDCO LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES MANAGEMENT CORPORATION | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
ARES MANAGEMENT GP LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES VOTING LLC | |||
By: | ARES PARTNERS HOLDCO LLC | ||
Its: | Sole Member | ||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory | ||
ARES PARTNERS HOLDCO LLC | |||
/s/ Naseem Sagati Aghili | |||
By: | Naseem Sagati Aghili | ||
Its: | Authorized Signatory |
EXHIBIT INDEX
Exhibit 4 | Trading Data | |
Exhibit 99.1 | Joint Filing Agreement, dated as of January 10, 2022, by and among the Reporting Persons. |