Filing Details

Accession Number:
0001209191-14-038493
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-02 21:30:23
Reporting Period:
2014-05-30
Filing Date:
2014-06-02
Accepted Time:
2014-06-02 21:30:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1283843 Emerald Oil Inc. EOX Crude Petroleum & Natural Gas (1311) 770639000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
935356 J Thomas Edelman 667 Madison Avenue, 4Th Floor
New York NY 10065
Yes No Yes No
1201989 A Ben Guill 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
1467859 L.p. Energy Deer White 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
1477741 L.p. Te Energy Deer White 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
1492479 White Deer Energy Fi, L.p. 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
1500937 Ltd. Energy Guill & Edelman 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
1500938 L.p. Energy Guill & Edelman 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
1570857 Wde Emerald Holdings Llc 700 Louisiana Street, Suite 4770
Houston TX 77002
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-05-30 10,663 $6.45 12,934,267 No 4 P Indirect WDE Emerald Holdings LLC
Common Stock Acquisiton 2014-05-30 369 $6.45 490,125 No 4 P Indirect White Deer Energy FI L.P.
Common Stock Acquisiton 2014-06-02 18,068 $6.44 12,952,335 No 4 P Indirect WDE Emerald Holdings LLC
Common Stock Acquisiton 2014-06-02 625 $6.44 490,750 No 4 P Indirect White Deer Energy FI L.P.
Common Stock Acquisiton 2014-06-02 96,659 $6.31 13,048,994 No 4 P Indirect WDE Emerald Holdings LLC
Common Stock Acquisiton 2014-06-02 3,341 $6.31 494,091 No 4 P Indirect White Deer Energy FI L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect WDE Emerald Holdings LLC
No 4 P Indirect White Deer Energy FI L.P.
No 4 P Indirect WDE Emerald Holdings LLC
No 4 P Indirect White Deer Energy FI L.P.
No 4 P Indirect WDE Emerald Holdings LLC
No 4 P Indirect White Deer Energy FI L.P.
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.445 to $6.45, inclusive. The reporting person undertakes to provide to Emerald Oil, Inc., any security holder of Emerald Oil, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1), footnote (6) and footnote (7) to this Form 4.
  2. The amount of securities beneficially owned following the reported transactions includes one warrant entitling WDE Emerald Holdings LLC ("WDE Holdings") to purchase up to 4,943,729 shares of the Issuer's common stock
  3. Pursuant to a Securities Purchase Agreement dated May 13, 2013 between the WDE Holdings, White Deer Energy FI L.P. ("White Deer FI", and together with WDE Holdings, the "Investors") and the Issuer, the Investors acquired 2,785,600 shares of the Issuer's common stock. The Investors are members of a "group" for purposes of Section 13(d) of the Exchange Act. Such group includes Edelman & Guill Energy L.P., Edelman & Guill Energy Ltd., White Deer Energy L.P. ("White Deer"), White Deer Energy TE L.P. ("White Deer TE", and together with White Deer and White Deer FI, the "Funds"), Thomas J. Edelman and Ben A. Guill.
  4. Mr. Edelman has been appointed as a director of the Issuer. White Deer and White Deer TE are the members of WDE Emerald Holdings, Edelman & Guill Energy L.P. is the general partner of the Funds, Edelman & Guill Energy Ltd. is the general partner of Edelman & Guill Energy L.P., and Messrs. Edelman and Guill are the directors of Edelman & Guill Energy Ltd. Accordingly, each of Edelman & Guill Energy Ltd, Edelman & Guill Energy L.P., and Messrs. Edelman and Guill may be deemed to control the investment decisions of the Funds and, therefore, the Investors. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests therein, and this report shall not be deemed an admission that the reporting persons are beneficial owners of the reported securities for purposes of Section 16 or for any other purpose.
  5. The amount of securities beneficially owned following the reported transactions includes one warrant entitling White Deer FI to purchase up to 170,904 shares of the Issuer's common stock.
  6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.43 to $6.45, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.255 to $6.3, inclusive.