13D Filing: Blue Mountain Capital and SAExploration Holdings Inc. (SAEX)

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Page 10 of 17 – SEC Filing

CUSIP No.   78636X204
1

NAMES OF REPORTING PERSONS

BlueMountain Summit Trading L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
     (a)   x (b)   o
3 SEC USE ONLY
4 SOURCE OF FUNDS (See instructions)      WC
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, United States of America
NUMBER OF SHARES 7 SOLE VOTING POWER 0       
BENEFICIALLY OWNED 8 SHARED VOTING POWER 160,171(1)
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER 0     
PERSON WITH 10 SHARED DISPOSITIVE POWER 160,171(1)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
160,171(1)
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)
  1.1%(1)
14 TYPE OF REPORTING PERSON (See Instructions)  
  PN

 (1)
The percentage set forth in Row 13 of this Cover Page is based on the 14,913,837 shares of Common Stock (as defined in Item
1) outstanding as of March 8, 2018, as disclosed in the Form 8-K filed by the Issuer on March 8, 2018. The above ownership excludes
shares that may be received pursuant to (i) the conversion of the Series A perpetual convertible preferred stock into Common Stock,
(ii) the exercise of Series C Warrants to purchase shares of Common Stock, and (iii) the exercise of Series D Warrants to purchase
shares of Common Stock (the “Series D Warrants”). Please see Item 3 for a detailed description of the terms of the
Series D Warrants.

 

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