Filing Details
- Accession Number:
- 0001104659-20-072150
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-10 20:32:40
- Reporting Period:
- 2020-06-08
- Accepted Time:
- 2020-06-10 20:32:40
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1517342 | Pacific Drilling S.a. | PACD | () | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1301912 | Strategic Value Partners, Llc | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1473996 | Victor Khosla | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1614274 | Svp Special Situations Iii Llc | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1614275 | Svp Special Situations Iii-A Llc | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1726861 | Svp Special Situations Iv Llc | 100 West Putnam Avenue Greenwich CT 06830 | 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 | Disposition | 2020-06-08 | 1,471,582 | $1.04 | 4,733,015 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-08 | 1,338,125 | $1.04 | 4,303,786 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-08 | 1,301,724 | $1.04 | 4,186,709 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-08 | 628,890 | $1.04 | 2,022,688 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-09 | 2,024,564 | $0.80 | 2,708,451 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-09 | 1,840,959 | $0.80 | 2,462,827 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-09 | 1,790,879 | $0.80 | 2,395,830 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-09 | 865,212 | $0.80 | 1,157,476 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-10 | 2,708,451 | $0.58 | 0 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-10 | 2,462,827 | $0.58 | 0 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-10 | 2,395,830 | $0.58 | 0 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2020-06-10 | 1,157,476 | $0.58 | 0 | No | 4 | S | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
Footnotes
- The reported securities are held directly by Rathgar, S.a.r.l., Yellow Sapphire, S.a.r.l., Queens Gate, S.a.r.l. and Kings Forest, S.a.r.l. (together, the "Funds") and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations IV LLC ("Special Situations IV") and SVP Special Situations III-A LLC ("Special Situations III-A"), each as an investment manager, and Victor Khosla ("Mr. Khosla" and, together with Strategic Value Partners, Special Situations III, Special Situations IV, and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.
- The filing of this Form 4 shall not be construed as an admission that the Reporting Persons or the Funds are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owners of any securities of Pacific Drilling S.A. The Reporting Persons and the Funds disclaim such beneficial ownership, except to the extent of their pecuniary interest.
- Held directly by Rathgar, S.a.r.l., a Luxembourg limited liability company. Special Situations IV is the investment manager of, and exercises discretion over Strategic Value Special Situations Master Fund IV, LP, a Cayman Islands exempted limited partnership, which has an ownership interest in Ranelagh, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Rathgar, S.a.r.l. Strategic Value Partners is the managing member of Special Situations IV. Strategic Value Partners and Special Situations IV are both indirectly majority owned and controlled by Mr. Khosla.
- Held directly by Yellow Sapphire, S.a.r.l., a Luxembourg limited liability company. Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, LP, a Cayman Islands exempted limited partnership, which has an ownership interest in Blue Sapphire, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Yellow Sapphire, S.a.r.l. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.
- Held directly by Queens Gate, S.a.r.l., a Luxembourg limited liability company. Strategic Value Partners is the investment manager of, and exercises investment discretion over Strategic Value Master Fund, Ltd., a Cayman Islands exempted company, which has an ownership interest in Field Point (Europe) II, LLC, a Delaware limited liability company, which has an ownership interest in Field Point IV, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Queens Gate, S.a.r.l. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.
- Held directly by Kings Forest, S.a.r.l., a Luxembourg limited liability company. Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Opportunities Fund, LP, a Cayman Islands exempted limited partnership, which has an ownership interest in Kings Valley, S.a.r.l., a Luxembourg limited liability company, which has an ownership interest in Kings Forest, S.a.r.l. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.