Filing Details
- Accession Number:
- 0000905718-19-000953
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-18 16:56:32
- Reporting Period:
- 2019-11-14
- Accepted Time:
- 2019-11-18 16:56:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1705873 | Berry Petroleum Corp | BRY | () | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1543160 | Benefit Street Partners Llc | 9 West 57Th Street, Suite 4920 New York NY 10019 | Yes | No | Yes | No | |
1610124 | Thomas Gahan | 9 West 57Th Street, Suite 4920 New York NY 10019 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2019-11-14 | 1,100,000 | $11.30 | 900,000 | No | 4 | S | Indirect | By Benefit Street Credit Alpha Master Fund Ltd. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Benefit Street Credit Alpha Master Fund Ltd. |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 3,193,538 | Indirect | By Providence Debt Fund III L.P. |
Common Stock | 1,700,678 | Indirect | By BSP Berry DF3 3 LLC |
Common Stock | 444,302 | Indirect | By SEI Institutional Investments Trust - High Yield Bond Fund |
Common Stock | 330,509 | Indirect | By SEI Institutional Managed Trust - High Yield Bond Fund |
Common Stock | 167,757 | Indirect | By SEI Global Master Fund plc - The SEI High Yield Fixed Income Fund |
Common Stock | 77,223 | Indirect | By U.S. High Yield Bond Fund |
Common Stock | 1,846,227 | Indirect | By BSP Berry Special Situations 3 LLC |
Common Stock | 1,974,368 | Indirect | By BSP Berry SEI 2 LLC |
Common Stock | 1,044,435 | Indirect | By fund-of-one managed by BSP on behalf of institutional client |
Common Stock | 1,019,301 | Indirect | By BSP Special Situations Master A L.P. |
Footnotes
- The reported shares are held in the respective quantities indicated by Benefit Street Credit Alpha Master Fund Ltd., Providence Debt Fund III L.P., BSP Berry DF3 3 LLC, SEI Institutional Investments Trust - High Yield Bond Fund, SEI Institutional Managed Trust - High Yield Bond Fund, SEI Global Master Fund plc - The High Yield Fixed Income Fund, U.S. High Yield Bond Fund, BSP Berry Special Situations 3 LLC, BSP Berry SEI 2 LLC, a fund-of-one managed by Benefit Street Partners L.L.C. ("BSP") on behalf of an institutional client, and BSP Special Situations Master A L.P. (collectively, the "BSP Funds"). BSP serves as the investment adviser to each of the BSP Funds. Mr. Gahan controls BSP through his indirect ownership of membership interests of BSP and as Chief Executive Officer of BSP's sole managing member (continued in footnote 2).
- (continued from footnote 1) As a result, each of BSP and Mr. Gahan may be deemed to beneficially own the securities held by each of the BSP Funds. Each reporting person disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Pursuant to a stockholders agreement between Berry Petroleum Corporation (the "Issuer") and certain holders party thereto, BSP has the right to designate a director to the Issuer's board of directors. Brent S. Buckley currently serves as BSP's designee.