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Filing Details

Accession Number:: 0001104659-17-052761
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-08-18 21:33:49
Reporting Period:: 2017-08-16

Filing Date:: 2017-08-18
Accepted Time:: 2017-08-18 21:33:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1699039	Ranger Energy Services Inc.	RNGR	Oil & Gas Field Services, Nec (1389)	815449572

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1708727	S. Charles Leykum	1000 Louisiana Street, Suite 3850 Houston TX 77002		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2017-08-16	612,069	$14.50	2,818,350	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class B Common Stock	6,416,154	Indirect	See Footnotes

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	RNGR Energy Services, LLC Units	$0.00			6,416,154	6,416,154	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	6,416,154	6,416,154	Indirect

Footnotes

612,069 shares were purchased pursuant to the initial public offering of Ranger Energy Services, Inc. (the "Issuer") and are held by CSL Energy Opportunities Master Fund, LLC ("CSL MF"). CSL Energy Opportunity GP I, LLC ("CSL GP I") is the managing member of CSL MF and the Reporting Person is the managing member of CSL GP I. Therefore, CSL GP I and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL GP I and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
567,895 of these shares are held directly by CSL Energy Holdings II, LLC ("CSL HII"). CSL Energy Opportunity GP II, LLC ("CSL GP II") is the managing member of CSL HII and the Reporting Person is the managing member of CSL GP II. Therefore, CSL GP II and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL GP II and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
1,325,261 of these shares are held directly by Ranger Energy Holdings II, LLC ("REH II"). Subject to the terms of the Amended and Restated Limited Liability Company Agreement of REH II, CSL Energy Holdings I, LLC ("CSL HI") and CSL HII have the right to appoint the sole manager of REH II. Each of CSL HI and CSL HII is managed by its sole general partner, CSL GP I and CSL GP II, respectively, the managing member of which, in each case, is the Reporting Person. Therefore, CSL HI, CSL HII, CSL GP I, CSL GP II and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL HI, CSL HII, CSL GP I, CSL GP II and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
313,125 of these shares are held directly by Torrent Energy Holdings II, LLC ("TEH II"). Subject to the terms of the Amended and Restated Limited Liability Company Agreement of TEH II, CSL HI is the sole managing member of TEH II. CSL HI is managed by its general partner, CSL GP I, the managing member of which is the Reporting Person. Therefore, CSL HI, CSL GP I and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL HI, CSL GP I and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
Each share of Class B common stock has no economic rights, but entitles its holder to one vote on all matters to be voted on by stockholders generally.
4,482,641 of these shares are held directly by Ranger Energy Holdings, LLC ("REH"). Subject to the terms of the Third Amended and Restated Limited Liability Company Agreement of REH, CSL Energy Opportunities Fund I, L.P. ("CSL OI") and CSL Energy Opportunities Fund II, L.P. ("CSL OII") collectively have the right to appoint managers of REH, which managers hold the right to cast a majority of the votes entitled to be cast by all managers of REH. Each of CSL OI and CSL OII is managed by its sole general partner, CSL GP I and CSL GP II, respectively, the managing member of which, in each case, is the Reporting Person. Therefore, CSL OI, CSL OII, CSL GP I, CSL GP II and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL OI, CSL OII, CSL GP I, CSL GP II and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
1,138,850 of these shares are held directly by Torrent Energy Holdings, LLC ("TEH"). Subject to the terms of the Third Amended and Restated Limited Liability Company Agreement of TEH, CSL OI is the sole managing member of TEH. CSL OI is managed by its general partner, CSL GP I, the managing member of which is the Reporting Person. Therefore, CSL OI, CSL GP I and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL OI, CSL GP I and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
794,663 of these shares are held directly by CSL OII. CSL GP II is the general partner of CSL OII and the Reporting Person is the managing member of CSL GP II. Therefore, CSL GP II and the Reporting Person may be deemed to share voting and dispositive power over these shares and may also be deemed to be the indirect beneficial owners of such shares. CSL GP II and the Reporting Person disclaim beneficial ownership of these shares in excess of their pecuniary interest therein.
Subject to the terms of the Amended and Restated Limited Liability Company Agreement of RNGR Energy Services, LLC ("Ranger LLC"), shares of the Class B common stock of the Issuer (together with a corresponding number of units issued by Ranger LLC) are exchangeable from time to time for shares of Class A common stock of the Issuer. Each of Ranger LLC and the Issuer has the option to deliver cash in lieu of shares of Class A common stock upon the exercise of such exchange rights, subject to certain reclassification and retraction rights, as applicable.