Filing Details
- Accession Number:
- 0000902664-18-001118
- Form Type:
- 13G Filing
- Publication Date:
- 2018-02-14 12:45:49
- Filed By:
- Shenkman Capital Management Inc
- Company:
- Goodrich Petroleum Corp (NYSE:GDP)
- Filing Date:
- 2018-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Shenkman Capital Management, Inc | 0 | 1,088,421 | 0 | 1,088,421 | 1,088,421 | 9.8% |
| Shenkman Energy Opportunity Master Fund Ltd | 0 | 168,094 | 0 | 168,094 | 168,094 | 1.6% |
| Four Points Multi-Strategy Master Fund, Inc | 0 | 374,998 | 0 | 374,998 | 374,998 | 3.5% |
| Mark R. Shenkman | 0 | 1,088,421 | 0 | 1,088,421 | 1,088,421 | 9.8% |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| | |
| SCHEDULE 13G/A | |
| Under the Securities Exchange Act of 1934 | |
| (Amendment No. 1)* | |
| Goodrich Petroleum Corporation | |
| (Name of Issuer) | |
| Common Stock, $0.01 par value | |
| (Title of Class of Securities) | |
| 382410843 | |
| (CUSIP Number) | |
| December 31, 2017 | |
| (Date of Event Which Requires Filing of this Statement) | |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: | |
| ¨ | Rule 13d-1(b) |
| ý | Rule 13d-1(c) |
| ¨ | Rule 13d-1(d) |
| (Page 1 of 9 Pages) | |
______________________________
*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 the disclosures provided in a prior cover page.
The information required in 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).
| 1 | NAME OF REPORTING PERSON Shenkman Capital Management, Inc. | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ¨ (b) ý | ||
| 3 | SEC USE ONLY | |||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION New York | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | ||
| 6 | SHARED VOTING POWER 1,088,421 shares of Common Stock (including 562,500 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 1,088,421 shares of Common Stock (including 562,500 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,088,421 shares of Common Stock (including 562,500 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.8% | |||
| 12 | TYPE OF REPORTING PERSON IA; CO | |||
| 1 | NAME OF REPORTING PERSON Shenkman Energy Opportunity Master Fund Ltd. | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ¨ (b) ý | ||
| 3 | SEC USE ONLY | |||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | ||
| 6 | SHARED VOTING POWER 168,094 shares of Common Stock issuable upon conversion of certain convertible notes | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 168,094 shares of Common Stock issuable upon conversion of certain convertible notes | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 168,094 shares of Common Stock issuable upon conversion of certain convertible notes | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% | |||
| 12 | TYPE OF REPORTING PERSON OO | |||
| 1 | NAME OF REPORTING PERSON Four Points Multi-Strategy Master Fund, Inc. | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ¨ (b) ý | ||
| 3 | SEC USE ONLY | |||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | ||
| 6 | SHARED VOTING POWER 374,998 shares of Common Stock (including 160,781 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 374,998 shares of Common Stock (including 160,781 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 374,998 shares of Common Stock (including 160,781 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.5% | |||
| 12 | TYPE OF REPORTING PERSON OO | |||
| 1 | NAME OF REPORTING PERSON Mark R. Shenkman | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ¨ (b) ý | ||
| 3 | SEC USE ONLY | |||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | ||
| 6 | SHARED VOTING POWER 1,088,421 shares of Common Stock (including 562,500 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 1,088,421 shares of Common Stock (including 562,500 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,088,421 shares of Common Stock (including 562,500 shares of Common Stock issuable upon conversion of certain convertible notes) | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.8% | |||
| 12 | TYPE OF REPORTING PERSON IN | |||
| Item 1(a). | NAME OF ISSUER |
| Goodrich Petroleum Corporation (the "Issuer"). |
| Item 1(b). | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES |
| 801 Louisiana St., Suite 700 Houston, Texas 77002. |
| Item 2(a). | NAME OF PERSON FILING | |
| This Statement is filed by each of the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons": | ||
| (i) | Shenkman Capital Management, Inc. ("Shenkman Capital"), a New York corporation; | |
| (ii) | Shenkman Energy Opportunity Master Fund Ltd. ("Shenkman Master Fund"), a Cayman Islands exempted company; | |
| (iii) | Four Points Multi-Strategy Master Fund, Inc. ("Four Points Master Fund"), a Cayman Islands exempted company; and | |
| (iv) | Mark R. Shenkman ("Mr. Shenkman"). | |
| Shenkman Capital serves as the investment advisor to various investment funds and separately managed accounts, including Shenkman Master Fund and Four Points Master Fund (collectively, the "Clients") and, as such, may be deemed to have voting and dispositive power with respect to the securities held by such Clients. Mr. Shenkman is the indirect principal owner of Shenkman Capital. | ||
| Each of Shenkman Master Fund, Four Points Master Fund and Mr. Shenkman hereby disclaims any beneficial ownership of any shares of Common Stock reported herein. | ||
| Item 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE |
| The address of the principal business office of Shenkman Capital is:
461 Fifth Ave, 22nd Floor New York, NY 10017. | |
| The principal business address of each of Shenkman Master Fund and Four Points Master Fund is:
c/o Mourant Ozannes Corporate Services (Cayman) Limited 94 Solaris Avenue, Camana Bay, PO Box 1348 Grand Cayman, Cayman Islands KY1-1108 |
| The principal business address of Mr. Shenkman is:
c/o Shenkman Capital Management, Inc. 461 Fifth Ave, 22nd Floor New York, NY 10017 |
| Item 2(c). | CITIZENSHIP |
| Shenkman Capital is organized under the laws of the State of New York. Each of Shenkman Master Fund and Four Points Master Fund is organized under the laws of the Cayman Islands. Mr. Shenkman is a citizen of the United States of America. |
| Item 2(d). | TITLE OF CLASS OF SECURITIES |
| Common Stock, $0.01 par value (the "Common Stock") |
| Item 2(e). | CUSIP NUMBER: |
| 382410843 |
| Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: |
| (a) | ¨ | Broker or dealer registered under Section 15 of the Act; | |
| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Act; | |
| (c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Act; | |
| (d) | ¨ | Investment company registered under Section 8 of the Investment Company Act of 1940; | |
| (e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | |
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
| |
| (g) | ¨ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); | |
| (h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
| |
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
| |
| (j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | |
| (k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
| If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:__________________ |
| Item 4. | OWNERSHIP. |
| The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. | |
| Such information does not include additional shares of Common Stock issuable upon the exercise of certain other warrants that the Reporting Persons have the right to exercise only upon the satisfaction of certain conditions precedent outside the control of the Reporting Persons, because such conditions precedent have not yet been satisfied. | |
| The percentages used in this Schedule 13G/A as of December 31, 2017 are calculated based upon 10,538,513 shares of Common Stock outstanding as of November 8, 2017, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2017 filed with the Securities and Exchange Commission on November 8, 2017, and assume the conversion of the reported convertible notes. | |
| Item 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. |
| Not applicable. |
| Item 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. |
| See Item 2. |
| Item 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON. |
| Not applicable. |
| Item 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. |
| Not applicable. |
| Item 9. | NOTICE OF DISSOLUTION OF GROUP. |
| Not applicable. |
| Item 10. | CERTIFICATION. |
| Each of the Reporting Persons hereby makes the following certification: | |
| By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
| DATE: February 14, 2018 | SHENKMAN CAPITAL MANAGEMENT, INC. |
| /s/ Mark R. Shenkman | |
| Name: Mark R. Shenkman | |
| Title: President | |
| SHENKMAN ENERGY OPPORTUNITY MASTER FUND LTD. | |
| /s/ Mark R. Shenkman | |
| Name: Mark R. Shenkman | |
| Title: Director | |
| FOUR POINTS MULTI-STRATEGY MASTER FUND, INC. | |
| /s/ Mark R. Shenkman | |
| Name: Mark R. Shenkman | |
| Title: Director | |
| /s/ Mark R. Shenkman | |
| MARK R. SHENKMAN |