13D Filing: Silver Point Capital and Basic Energy Services Inc (BAS)

Page 2 of 7 – SEC Filing


SCHEDULE 13D

CUSIP NO. 06985P209
  1 

NAMES OF
REPORTING PERSONS

Silver Point Capital, L.P.

  2

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☒

  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*

4,883,649

  8

SHARED VOTING POWER*

-0-

  9

SOLE DISPOSITIVE POWER*

4,883,649

10

SHARED DISPOSITIVE POWER*

-0-

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON*

4,883,649

12

CHECK IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

13

PERCENT OF CLASS REPRESENTED IN
ROW (11)*

18.8%(1)

14

TYPE OF REPORTING PERSON (SEE
INSTRUCTIONS)

IA, PN

* See Item 5.
1 This percentage is calculated based upon 26,000,513 shares of Common Stock outstanding as of April 26, 2017, as reported in the Issuers Form 10-Q filed on April 27, 2017.

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