Filing Details

Accession Number:
0001209191-19-020131
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-18 19:46:54
Reporting Period:
2019-03-14
Accepted Time:
2019-03-18 19:46:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
318996 Key Energy Services Inc KEG Oil & Gas Field Services, Nec (1389) 042648081
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1634372 Platinum Equity Investment Holdings, Llc C/O Platinum Equity Advisors, Llc,
360 North Crescent Drive, South Building
Beverly Hills CA 90210
No No Yes No
1703043 Soter Capital, Llc 360 North Crescent Drive
South Building
Beverly Hills CA 90210
No No Yes No
1756330 Platinum Equity Investment Holdings Ic (Cayman), Llc C/O Platinum Equity Advisors, Llc
360 North Crescent Drive, South Building
Beverly Hills CA 90210
No No Yes No
1757175 Platinum Equity Investment Holdings Iii Manager, Llc C/O Platinum Equity Advisors, Llc,
360 North Crescent Drive, South Building
Beverly Hills CA 90210
No No Yes No
1766567 Platinum Investco (Cayman), Llc C/O Platinum Equity Advisors, Llc
360 North Crescent Drive, South Building
Beverly Hills CA 90210
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 2019-03-14 100,000 $4.74 10,304,609 No 4 P Direct
Common Stock Acquisiton 2019-03-15 5,000 $5.14 10,309,609 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide KEG, any security holder of KEG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.
  2. Includes 9,800,630 shares issued to Soter Capital, LLC ("Soter) in connection with issuer's emergence from bankruptcy on December 15, 2016 and Soter's participation in the related rights offering.
  3. Soter Capital Holdings, LLC ("SCH") is the sole member of Soter and may be deemed to beneficially own the common stock beneficially owned by Soter. PE Soter Holdings, LLC ("PESH") holds a majority membership interest in SCH and may be deemed to beneficially own the common stock beneficially owned by SCH. Platinum Equity Capital Soter Partners, L.P. ("PECSP") holds a majority membership interest in PESH and may be deemed to beneficially own the common stock beneficially owned by PESH. Platinum Equity Partners III, LLC ("PEP III") is the general partner of PECSP and may be deemed to beneficially own the common stock beneficially owned by PECSP.
  4. (Continued from Footnote 3) Platinum Equity Investment Holdings III, LLC ("PEIH III") is the senior managing member of PEP III and may be deemed to beneficially own the common stock beneficially owned by PEP III. Platinum Equity InvestCo, L.P. ("PEI LP") owns all of the economic interests in PEIH III and may be deemed to beneficially own the common stock beneficially owned by PEIH III. Platinum Equity Investment Holdings IC (Cayman), LLC ("PEIH IC LLC") is the general partner of PEI LP and may be deemed to beneficially own the common stock beneficially owned by PEI LP. Platinum InvestCo (Cayman), LLC ("PIC LLC") holds a controlling interest in PEI LP and may be deemed to beneficially own common stock beneficially owned by PEI LP.
  5. (Continued from Footnote 4) Platinum Equity Investment Holdings, LLC ("PEIH LLC") is the sole member of PEIH IC LLC and may be deemed to beneficially own the common stock beneficially owned by PEIH IC LLC. Platinum Equity Investment Holdings III Manager, LLC ("PEIH III Manager") is the sole manager of PEIH III and may be deemed to beneficially own the common stock beneficially owned by PEIH III. Platinum Equity, LLC ("Platinum Equity") is the sole member of PEIH III Manager and PEIH LLC and may be deemed to beneficially own the common stock beneficially owned by each of PEIH III Manager and PEIH LLC. Platinum Equity and Tom Gores, together, hold a controlling interest in PIC LLC and may be deemed to beneficially own the common stock beneficially owned by PIC LLC.
  6. (Continued from Footnote 5) Tom Gores is the Chairman and Chief Executive Officer of Platinum Equity and may be deemed to beneficially own the common stock beneficially owned by Platinum Equity. Mr. Gores disclaims beneficial ownership of all the shares of common stock held by each of the entities listed above with respect to which he does not have a pecuniary interest.
  7. Includes the 100,000 shares that were purchased on March 14, 2019.