0001104659-17-034387.txt : 20170522
0001104659-17-034387.hdr.sgml : 20170522
20170522212943
ACCESSION NUMBER: 0001104659-17-034387
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170518
FILED AS OF DATE: 20170522
DATE AS OF CHANGE: 20170522
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ARES MANAGEMENT LLC
CENTRAL INDEX KEY: 0001259313
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862528
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 310-201-4100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ares Partners Holdco LLC
CENTRAL INDEX KEY: 0001620263
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862529
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 310-201-4100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ARES MANAGEMENT LP
CENTRAL INDEX KEY: 0001176948
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862531
BUSINESS ADDRESS:
STREET 1: 2000 AVE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 3102014100
MAIL ADDRESS:
STREET 1: 2000 AVE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ares Holdings Inc.
CENTRAL INDEX KEY: 0001620317
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862532
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 310-201-4100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ares Holdco LLC
CENTRAL INDEX KEY: 0001669983
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862533
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 3102014100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Gastar Exploration Inc.
CENTRAL INDEX KEY: 0001431372
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 383531640
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1331 LAMAR STREET
STREET 2: SUITE 650
CITY: HOUSTON
STATE: TX
ZIP: 77010
BUSINESS PHONE: (713) 739-1800
MAIL ADDRESS:
STREET 1: 1331 LAMAR STREET
STREET 2: SUITE 650
CITY: HOUSTON
STATE: TX
ZIP: 77010
FORMER COMPANY:
FORMER CONFORMED NAME: Gastar Exploration USA, Inc.
DATE OF NAME CHANGE: 20080402
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ares Management GP LLC
CENTRAL INDEX KEY: 0001620264
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862530
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 310-201-4100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ACOF Investment Management LLC
CENTRAL INDEX KEY: 0001684171
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862535
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 3102014100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: AF V Energy I AIV B1, L.P.
CENTRAL INDEX KEY: 0001705375
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862527
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: (310) 201-4100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS
STREET 2: 12TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ares Management Holdings L.P.
CENTRAL INDEX KEY: 0001536937
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35211
FILM NUMBER: 17862534
BUSINESS ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FL
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
BUSINESS PHONE: 310.201.4100
MAIL ADDRESS:
STREET 1: 2000 AVENUE OF THE STARS, 12TH FL
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
FORMER NAME:
FORMER CONFORMED NAME: Ares Management Holdings LLC
DATE OF NAME CHANGE: 20111212
4
1
a4.xml
4
X0306
4
2017-05-18
0
0001431372
Gastar Exploration Inc.
GST
0001259313
ARES MANAGEMENT LLC
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001705375
AF V Energy I AIV B1, L.P.
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001684171
ACOF Investment Management LLC
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001536937
Ares Management Holdings L.P.
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001669983
Ares Holdco LLC
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001620317
Ares Holdings Inc.
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001176948
ARES MANAGEMENT LP
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001620264
Ares Management GP LLC
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
0001620263
Ares Partners Holdco LLC
2000 AVENUE OF THE STARS
12TH FLOOR
LOS ANGELES
CA
90067
1
0
1
0
Common Stock, $0.001 par value
2017-05-18
4
P
0
409404
1.1117
A
55274230
I
See footnotes
Common Stock, $0.001 par value
2017-05-19
4
P
0
409404
1.1644
A
55683634
I
See footnotes
Common Stock, $0.001 par value
2017-05-22
4
P
0
514227
1.1959
A
56197861
I
See footnotes
Common Stock, $0.001 par value
52910
I
See footnote
The amount reported reflects an aggregate 409,404 shares of the Issuer's common stock, par value $0.001 ("Common Stock") acquired in the following individual amounts: 20,340 shares by AF V Energy I AIV A1, L.P., 20,157 shares by AF V Energy I AIV A2, L.P., 20,181 shares by AF V Energy I AIV A3, L.P., 20,288 shares by AF V Energy I AIV A4, L.P., 20,392 shares by AF V Energy I AIV A5, L.P., 20,264 shares by AF V Energy I AIV A6, L.P., 19,818 shares by AF V Energy I AIV A7, L.P., 20,079 shares by AF V Energy I AIV A8, L.P., 20,340 shares by AF V Energy I AIV A9, L.P., 20,340 shares by AF V Energy I AIV A10, L.P., 20,079 shares by AF V Energy I AIV A11, L.P., 19,818 shares by AF V Energy I AIV A12, L.P., 23,886 shares by AF V Energy I AIV A13, L.P., and 143,422 shares by AF V Energy I AIV B1, L.P.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.07 to $1.14, inclusive. The undersigned undertakes 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 purchased at each separate price within the ranges set forth in footnotes (2), (7), and (9).
The manager of the entities (collectively, the "Purchasers") identified in footnotes (1), (6), (8), and (10) is ACOF Investment Management LLC ("ACOF"). The sole member of ACOF is Ares Management LLC, and the sole member of Ares Management LLC is Ares Management Holdings L.P. ("Ares Management Holdings") and the general partner of Ares Management Holdings is Ares Holdco LLC ("Ares Holdco"). The sole member of Ares Holdco is Ares Holdings Inc. ("Ares Holdings"), whose sole stockholder is Ares Management, L.P. ("Ares Management").
The general partner of Ares Management is Ares Management GP LLC ("Ares Management GP") and the sole member of Ares Management GP is Ares Partners Holdco LLC ("Ares Partners," and together with the Purchasers, ACOF, Ares Management LLC, Ares Management Holdings, Ares Holdco, Ares Holdings, Ares Management, and Ares Management GP, the "Ares Entities"). Ares Partners is managed by a board of managers, which is composed of Michael Arougheti, R. Kipp deVeer, David Kaplan, Antony Ressler and Bennett Rosenthal. (continued in footnote 5)
Decisions by Ares Partners' board of managers generally are made by a majority of the members, which majority, subject to certain conditions, must include Antony Ressler. Each of the Ares Entities (other than each Purchaser, with respect to the securities held directly by it) and the members of Ares Partners' board of managers and the other directors, officers, partners, stockholders, members and managers of the Ares Entities expressly disclaims beneficial ownership of the securities reported on this Form 4, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. The address of each Ares Entity is 2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067.
The amount reported reflects an aggregate 409,404 shares of Common Stock acquired in the following individual amounts: 20,340 shares by AF V Energy I AIV A1, L.P., 20,157 shares by AF V Energy I AIV A2, L.P., 20,181 shares by AF V Energy I AIV A3, L.P., 20,288 shares by AF V Energy I AIV A4, L.P., 20,392 shares by AF V Energy I AIV A5, L.P., 20,264 shares by AF V Energy I AIV A6, L.P., 19,818 shares by AF V Energy I AIV A7, L.P., 20,079 shares by AF V Energy I AIV A8, L.P., 20,340 shares by AF V Energy I AIV A9, L.P., 20,340 shares by AF V Energy I AIV A10, L.P., 20,079 shares by AF V Energy I AIV A11, L.P., 19,818 shares by AF V Energy I AIV A12, L.P., 23,886 shares by AF V Energy I AIV A13, L.P., and 143,422 shares by AF V Energy I AIV B1, L.P.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.13 to $1.19, inclusive.
The amount reported reflects an aggregate 514,227 shares of Common Stock acquired in the following individual amounts: 25,548 shares by AF V Energy I AIV A1, L.P., 25,318 shares by AF V Energy I AIV A2, L.P., 25,348 shares by AF V Energy I AIV A3, L.P., 25,482 shares by AF V Energy I AIV A4, L.P., 25,613 shares by AF V Energy I AIV A5, L.P., 25,453 shares by AF V Energy I AIV A6, L.P., 24,892 shares by AF V Energy I AIV A7, L.P., 25,220 shares by AF V Energy I AIV A8, L.P., 25,548 shares by AF V Energy I AIV A9, L.P., 25,548 shares by AF V Energy I AIV A10, L.P., 25,220 shares by AF V Energy I AIV A11, L.P., 24,892 shares by AF V Energy I AIV A12, L.P., 30,002 shares by AF V Energy I AIV A13, L.P., and 180,143 shares by AF V Energy I AIV B1, L.P.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.14 to $1.24, inclusive.
The amount reported reflects an aggregate 56,197,861 shares of Common Stock held in the following individual amounts: 2,791,958 shares by AF V Energy I AIV A1, L.P., 2,766,710 shares by AF V Energy I AIV A2, L.P., 2,770,508 shares by AF V Energy I AIV A3, L.P., 2,784,647 shares by AF V Energy I AIV A4, L.P., 2,799,267 shares by AF V Energy I AIV A5, L.P., 2,781,526 shares by AF V Energy I AIV A6, L.P., 2,720,211 shares by AF V Energy I AIV A7, L.P., 2,756,084 shares by AF V Energy I AIV A8, L.P., 2,791,958 shares by AF V Energy I AIV A9, L.P., 2,791,958 shares by AF V Energy I AIV A10, L.P., 2,756,084 shares by AF V Energy I AIV A11, L.P., 2,720,889 shares by AF V Energy I AIV A12, L.P., 3,278,874 shares by AF V Energy I AIV A13, L.P., and 19,687,187 shares by AF V Energy I AIV B1, L.P.
The amount reported reflects 52,910 shares held by Nathan Walton, which represents shares granted to Mr. Walton in his capacity as a director of the Issuer. Mr. Walton is associated with Ares Management LLC and certain of the other Ares Entities (as defined above). Pursuant to the policies of the Ares Entities, Mr. Walton holds these securities as a nominee on behalf of, and for the sole benefit of, the Ares Entities and has assigned to Ares Management LLC all economic, pecuniary and voting rights in respect of such securities.
Ares Management LLC and its affiliates designated two individuals who were appointed to the board of directors of the Issuer on May 2, 2017. Accordingly, Ares Management LLC and its affiliates listed hereon may be deemed to be a director by deputization.
/s/ Naseem Sagati, by Authorized Signatory of ARES MANAGEMENT LLC
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ACOF INVESTMENT MANAGEMENT LLC, manager of AV V ENERGY I AIV B1, L.P.
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ACOF INVESTMENT MANAGEMENT LLC
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ARES HOLDCO LLC, general partner for ARES MANAGEMENT HOLDINGS L.P.
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ARES HOLDCO LLC
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ARES HOLDINGS INC.
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ARES MANAGEMENT GP LLC, general partner for ARES MANAGEMENT, L.P.
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ARES MANAGEMENT GP LLC
2017-05-22
/s/ Naseem Sagati, by Authorized Signatory of ARES PARTNERS HOLDCO LLC
2017-05-22