Filing Details
- Accession Number:
- 0000899243-20-034979
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-23 16:05:31
- Reporting Period:
- 2020-12-21
- Accepted Time:
- 2020-12-23 16:05:31
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1403853 | Nuverra Environmental Solutions Inc. | NES | () | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1312908 | Gates Capital Management, Inc. | 1177 Avenue Of The Americas, 46Th Floor New York NY 10036 | No | No | Yes | No | |
| 1394416 | L Jeffrey Gates | 1177 Avenue Of The Americas, 46Th Floor New York NY 10036 | No | No | Yes | No | |
| 1630228 | Gates Capital Management, L.p. | 1177 Avenue Of The Americas, 46Th Floor New York NY 10036 | No | No | Yes | No | |
| 1714043 | Gates Capital Management Gp, Llc | 1177 Avenue Of The Americas, 46Th Floor New York NY 10036 | 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 | 2020-12-21 | 150,000 | $4.66 | 6,906,917 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-12-21 | 185,811 | $4.03 | 6,721,106 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $4.36 to $5.25. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $3.77 to $4.18. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- Gates Capital Management, L.P. ("Gates Capital"), acts as the investment manager to certain funds directly holding common stock, par value $0.01, of the issuer (the "Gates Capital Funds"). Gates Capital Management GP, LLC (the "General Partner") is the general partner of Gates Capital, with respect to the shares of common stock directly held by the Gates Capital Funds. Gates Capital Management, Inc. ("the Corporation"), is the managing member of the General Partner with respect to the shares of common stock directly held by the Gates Capital Funds. Jeffrey L. Gates serves as President of the Corporation with respect to the shares of common stock directly held by the Gates Capital Funds.
- Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, may be deemed to share beneficial ownership of the common stock of the issuer held by the Funds. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, disclaims beneficial ownership of the common stock held by the Funds except to the extent of its pecuniary interests.
Billionaire Hedge Funds
