Filing Details
- Accession Number:
- 0001104659-16-140281
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2016-08-17 17:05:23
- Reporting Period:
- 2015-05-07
- Filing Date:
- 2016-08-17
- Accepted Time:
- 2016-08-17 17:05:23
- Original Submission Date:
- 2015-06-29
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1443799 | Gener8 Maritime Inc. | GNRT | () | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
949509 | Oaktree Capital Management Lp | C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071 | Yes | No | Yes | No | |
1403382 | Oaktree Holdings, Inc. | C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071 | Yes | No | Yes | No | |
1403525 | Oaktree Capital Group Holdings Gp, Llc | C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071 | Yes | No | Yes | No | |
1403528 | Oaktree Capital Group, Llc | C/O Oaktree Capital Management, L.p. 333 South Grand Avenue, 28Th Floor Los Angeles CA 90071 | Yes | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2015-05-07 | 9,800,560 | $0.00 | 0 | No | 4 | J | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-05-07 | 9,800,560 | $0.00 | 9,800,560 | No | 4 | J | Indirect | See Footnotes |
Class B Common Stock | Disposition | 2015-05-07 | 1,684,047 | $0.00 | 0 | No | 4 | J | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-05-07 | 1,684,047 | $0.00 | 11,484,607 | No | 4 | J | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-05-07 | 52,269 | $12.48 | 11,536,876 | No | 4 | J | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-06-25 | 104,985 | $13.12 | 11,641,861 | No | 4 | P | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-06-25 | 98,139 | $13.05 | 11,740,000 | No | 4 | P | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-06-26 | 183,244 | $13.44 | 11,923,244 | No | 4 | P | Indirect | See Footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Indirect | See Footnotes |
No | 4 | J | Indirect | See Footnotes |
No | 4 | J | Indirect | See Footnotes |
No | 4 | J | Indirect | See Footnotes |
No | 4 | J | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
Footnotes
- Pursuant to a reclassification exempt under Rule 16b-7, each share of Class A Common Stock and each share of Class B Common Stock of General Maritime Corporation held by OCM Marine Holdings TP, L.P. ("OCM Marine") was reclassified into one share of Common Stock of the Issuer on May 7, 2015.
- Represents shares issued by the Issuer in respect of a commitment fee in connection with the Equity Purchase Agreement, dated as of February 24, 2015 (as amended on March 19, 2015), by and between General Maritime Corporation, Navig8 Crude Tankers, Inc. and the commitment parties thereto.
- OCM Marine directly owns the common stock (the "Common Stock") of the Issuer. This Form 4 is also being filed by: (i) OCM Marine GP CTB, Ltd. ("OCM Marine GP") in its capacity as the general partner of OCM Marine; (ii) Oaktree Capital Management, L.P. ("OCM LP") in its capacity as the sole director of OCM Marine GP, (iii) Oaktree Holdings, Inc. ("Holdings, Inc.") in its capacity as the general partner of OCM LP; (iv) Oaktree Capital Group, LLC ("OCG") in its capacity as the sole shareholder of Holdings, Inc. and the managing member of Oaktree Holdings, LLC ("Holdings LLC"); (v) Oaktree Capital Group Holdings GP, LLC ("OCGH GP") in its capacity as the duly appointed manager of OCG; (vi) Oaktree Principal Fund V, L.P. ("PFV") in its capacity as the majority shareholder of OCM Marine GP;
- (vii) Oaktree Principal Fund V GP, L.P. ("PFV GP") in its capacity as the general partner of PFV; (viii) Oaktree Principal Fund V GP Ltd. ("PFV GP GP") in its capacity as the general partner of PFV GP; (ix) Oaktree Fund GP I, L.P. ("GP I") in its capacity as the sole shareholder of PFV GP GP; (x) Oaktree Capital I, L.P. ("Capital I") in its capacity as the general partner of GP I; (xi) OCM Holdings I, LLC ("Holdings I") in its capacity as the general partner of Capital I; and (xii) Holdings LLC in its capacity as the managing member of Holdings I (each of OCM Marine GP, OCM LP, Holdings, Inc., OCG, OCGH GP, PFV, PFV GP, PFV GP GP, GP I, Capital I, Holdings I and Holdings LLC, a "Reporting Person" and collectively, "Reporting Persons").
- Each Reporting Person disclaims beneficial ownership of all Common Stock reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any Common Stock covered by this Form 4.
- OCGH GP is a limited liability company managed by an executive committee consisting of Howard S. Marks, Bruce A. Karsh, Sheldon M. Stone, Stephen A. Kaplan, John B. Frank, David Kirchheimer, and Jay S. Wintrob (the "OCGH GP Members"). In such capacity, the OCGH GP Members may be deemed to have indirect beneficial ownership of the Common Stock held directly by OCM Marine. Each OCGH GP Member expressly disclaims beneficial ownership of the Common Stock held directly by OCM Marine, except to the extent of his respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any Common Stock covered by this Form 4.
- Adam Pierce, a managing director at OCM LP, serves on the board of directors of the Issuer and, as a result, the Reporting Persons may be deemed directors by deputization.