Page 23 of 34 – SEC Filing SCHEDULE 13D CUSIP No. 269279402 Page 23 of 34 Pages
negotiated transactions. On August 11, 2016, Fund III sold 311,812 shares of Common Stock, Fund IIIA sold 5,716 shares of Common Stock and Fund IV sold 2,082,472 shares of Common Stock, in each case for $1.25 per share, in privately negotiated transactions. Fund III, Fund IIIA and Fund IV, together with the other Reporting Persons, may seek to sell additional shares. Item 5. Interest in Securities of the Issuer Item 5 is hereby amended and restated in its entirety as follows: (a) and (b) The information contained on the cover pages of this Amendment No. 6 is incorporated herein by reference. Based upon information provided in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2016 (the “Form 10-Q”) filed with the Securities and Exchange Commission on August 3, 2016, the Issuer has 282,776,414 shares of Common Stock outstanding. All calculations of percentage ownership in this Amendment No. 6 are based on a total of 282,857,664 shares of Common Stock outstanding, which is the sum of (a) 282,776,414 shares of Common Stock, as set forth in the Form 10-Q, plus (b) 81,250 shares of Common Stock issuable upon the exercise of vested Stock Options issued to B. James Ford (a Managing Director of Oaktree LP), the economic, pecuniary and voting rights of which have been assigned to certain Oaktree Funds. All references to 77,500 shares of Common Stock issuable upon the exercise of vested Stock Options in Item 5 of this Schedule 13D are hereby amended to refer to 81,250 shares of Common Stock issuable upon the exercise of vested Stock Options. The Reporting Persons Fund IV Delaware beneficially owns 14,565,886 shares of Common Stock (approximately 5.2% of the total number of shares of Common Stock outstanding). Fund IV Delaware has the sole power to vote or direct the vote, and the sole power to dispose or direct the disposition of, all such shares of Common Stock.
SCHEDULE 13D
| CUSIP No. 269279402 | Page 23 of 34 Pages |
negotiated transactions. On August 11, 2016, Fund III sold 311,812 shares of Common Stock, Fund IIIA sold 5,716 shares of Common Stock and Fund IV sold 2,082,472 shares of Common Stock, in each case for $1.25 per share, in privately negotiated transactions. Fund III, Fund IIIA and Fund IV, together with the other Reporting Persons, may seek to sell additional shares.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety as follows:
(a) and (b)
The information contained on the cover pages of this Amendment No. 6 is incorporated herein by reference.
Based upon information provided in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2016 (the “Form 10-Q”) filed with the Securities and Exchange Commission on August 3, 2016, the Issuer has 282,776,414 shares of Common Stock outstanding. All calculations of percentage ownership in this Amendment No. 6 are based on a total of 282,857,664 shares of Common Stock outstanding, which is the sum of (a) 282,776,414 shares of Common Stock, as set forth in the Form 10-Q, plus (b) 81,250 shares of Common Stock issuable upon the exercise of vested Stock Options issued to B. James Ford (a Managing Director of Oaktree LP), the economic, pecuniary and voting rights of which have been assigned to certain Oaktree Funds. All references to 77,500 shares of Common Stock issuable upon the exercise of vested Stock Options in Item 5 of this Schedule 13D are hereby amended to refer to 81,250 shares of Common Stock issuable upon the exercise of vested Stock Options.
The Reporting Persons
Fund IV Delaware beneficially owns 14,565,886 shares of Common Stock (approximately 5.2% of the total number of shares of Common Stock outstanding). Fund IV Delaware has the sole power to vote or direct the vote, and the sole power to dispose or direct the disposition of, all such shares of Common Stock.
Follow Exco Resources Inc (NYSE:XCOOQ)
Follow Exco Resources Inc (NYSE:XCOOQ)
We may use your email to send marketing emails about our services. Click here to read our privacy policy.
