0001676601-18-000037.txt : 20180618 0001676601-18-000037.hdr.sgml : 20180618 20180618171654 ACCESSION NUMBER: 0001676601-18-000037 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180614 FILED AS OF DATE: 20180618 DATE AS OF CHANGE: 20180618 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Baines Creek Capital, LLC CENTRAL INDEX KEY: 0001676601 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33249 FILM NUMBER: 18905396 BUSINESS ADDRESS: STREET 1: 11940 JOLLYVILLE STREET 2: SUITE 210-S CITY: AUSTIN STATE: TX ZIP: 78759 BUSINESS PHONE: (512) 524-0462 MAIL ADDRESS: STREET 1: 11940 JOLLYVILLE STREET 2: SUITE 210-S CITY: AUSTIN STATE: TX ZIP: 78759 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LEGACY RESERVES LP CENTRAL INDEX KEY: 0001358831 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 303 W WALL STREET 2: SUITE 1800 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 432-689-5200 MAIL ADDRESS: STREET 1: 303 W WALL STREET 2: SUITE 1800 CITY: MIDLAND STATE: TX ZIP: 79701 FORMER COMPANY: FORMER CONFORMED NAME: LEGACY RESERVES L P DATE OF NAME CHANGE: 20060410 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2018-06-14 0 0001358831 LEGACY RESERVES LP LGCY 0001676601 Baines Creek Capital, LLC 11940 JOLLYVILLE SUITE 210-S AUSTIN TX 78759 0 0 1 0 Common 2018-06-14 4 P 0 59104 6.06 A 14070687 D Common 2018-06-15 4 P 0 74076 6 A 14144763 D Common 2018-06-15 4 M 0 11500 2.5 A 14156263 D Common 2018-06-18 4 P 0 81513 6.44 A 14226276 D OPTION CONTRACT (RIGHT TO BUY) 2.5 2018-06-15 4 M 0 115 D 2017-12-28 2018-06-15 Common 11500 0 D This Form 4 is being jointly filed by Baines Creek Partners, L.P., a Delaware limited partnership (BCP), Baines Creek Special Purpose Partners, L.P., a Delaware limited partnership (BCSPP), Kevin Tracy, a United States citizen (KT), Jeremy Carter a United States citizen (JC), James Schumacher, a United States citizen (JS), and Brian Williams a United States citizen (BW). The foregoing persons are hereinafter sometimes collectively referred to as the Reporting Persons. Baines Creek GP the general partner of BCP and BCSPP has the power to direct the affairs of BCP and BCSPP, including the voting and disposition of shares. As the discretionary investment manager of these Funds and certain other accounts, Baines Creek Capital has power to direct the voting and disposition of shares held by these Funds and such accounts. Messrs. Tracy, Carter, Schumacher and Williams are affiliated persons of Baines Creek Capital and in this capacity direct the operations of BCP and BCSPP and the voting and disposition of shares held by these Funds and separate client accounts managed by Baines Creek Capital. Baines Creek Capital and Messrs. Tracy, Carter, Schumacher and Williams may also be deemed to beneficially own indirect pecuniary interest as the result of performance-based fees and profit allocations. Each of Baines Creek Capital and Messrs. Tracy, Carter, Schumacher and Williams disclaims such beneficial ownership except to the extent ultimately realized. The aggregate number of shares of common stock purchased on June 14, 2018 was 59,104 shares and such shares were purchased by the Reporting Persons in the following amounts: BCP = 59,104 shares; BCSPP = 0 shares; KT = 0 shares; JC = 0 shares; JS = 0 shares, and BW = 0 shares. 14,070,687 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 7,046,911 shares directly owned by it; BCSPP = 6,396,891 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 142,317 shares directly owned by him; JS = 4,686 shares directly owned by him, and BW = 473,372 shares directly owned by him. The aggregate number of shares of common stock purchased on June 15, 2018 was 74,076 shares and such shares were purchased by the Reporting Persons in the following amounts: BCP = 74,076 shares; BCSPP = 0 shares; KT = 0 shares; JC = 0 shares; JS = 0 shares, and BW = 0 shares. 14,144,763 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 7,120,987 shares directly owned by it; BCSPP = 6,396,891 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 142,317 shares directly owned by him; JS = 4,686 shares directly owned by him, and BW = 473,372 shares directly owned by him. The aggregate number of option contracts (right to buy) exercised on June 15, 2018 was 115 contracts and such contracts were exercised by BCP to acquire 11,500 common shares at $2.50 per share. 14,156,263 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 7,132,487 shares directly owned by it; BCSPP = 6,396,891 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 142,317 shares directly owned by him; JS = 4,686 shares directly owned by him, and BW = 473,372 shares directly owned by him. The aggregate number of shares of common stock purchased on June 18, 2018 was 81,513 shares and such shares were purchased by the Reporting Persons in the following amounts: BCP = 81,513 shares; BCSPP = 0 shares; KT = 0 shares; JC = 0 shares; JS = 0 shares, and BW = 0 shares. 14,226,276 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 7,202,500 shares directly owned by it; BCSPP = 6,396,891 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 142,317 shares directly owned by him; JS = 4,686 shares directly owned by him, and BW = 473,372 shares directly owned by him. /S/ Brian Williams 2018-06-18