13G Filing: Huber Capital Management and Teekay Tankers Ltd (TNK)

(i)

Sole power to vote or to direct the vote: 8,539,211

(ii)

Shared power to vote or to direct the vote: 0

(iii)

Sole power to dispose or to direct the disposition of: 14,408,242

(iv)

Shared power to dispose or to direct the disposition of: 0

In addition, Mr. Joseph R. Huber,
who is the managing member and majority indirect owner of Huber Capital Holdings, LLC, which is in turn the owner of 100% of the
membership interests of HCM, individually owns shares of Common Stock and may be deemed to own the shares of Common Stock on behalf
of clients of HCM, of which he has, in the aggregate, sole power to vote or to direct the vote of 8,680,537 shares and sole power
to dispose or to direct the disposition of 14,549,568 shares of Common Stock, all of which he no longer holds with any
purpose, or with the effect of, changing or influencing control of the Issuer or in connection with or as a participant in any
transaction having that purpose or effect.

Item 5.

Ownership of Five Percent or Less of a Class:

N/A

If this statement is being filed
to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent
of the class of securities, check the following.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

N/A

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

N/A

Item 8.

Identification and Classification of Members of the Group:

N/A

 

Item 9.

Notice of Dissolution of Group:

N/A