0001513569-16-000015.txt : 20160203 0001513569-16-000015.hdr.sgml : 20160203 20160203105914 ACCESSION NUMBER: 0001513569-16-000015 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160203 DATE AS OF CHANGE: 20160203 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Forbes Energy Services Ltd. CENTRAL INDEX KEY: 0001434842 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86706 FILM NUMBER: 161383621 BUSINESS ADDRESS: STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281 CITY: ALICE STATE: TX ZIP: 78332 BUSINESS PHONE: 361-664-0549 MAIL ADDRESS: STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281 CITY: ALICE STATE: TX ZIP: 78332 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Forbes Charles C. CENTRAL INDEX KEY: 0001513569 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281 CITY: ALICE STATE: TX ZIP: 78332 SC 13G/A 1 forbes-2015schedule13grech.htm SC 13G/A SC 13G


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Amendment No. 4)

Under the Securities Exchange Act of 1934

Forbes Energy Services Ltd.
(Name of Issuer)

Common Stock, par value $0.04 per share
(Title of Class of Securities)

345143101
(CUSIP Number)

December 31, 2015
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)        [ ]
Rule 13d-1(c)        [ ]
Rule 13d-1(d)        [X]

    

(Continued on following pages)
(Page 1 of 5 Pages)




CUSIP No. 345143101
Schedule 13G
Page 2 of 5 Pages




1
NAME OF REPORTING PERSONS
Charles C. Forbes, Jr.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
                                 (b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH
5
SOLE VOTING POWER
2,768,644 (1)
6
SHARED VOTING POWER
    None
7
SOLE DISPOSITIVE POWER
2,768,644 (1)
8
SHARED DISPOSITIVE POWER
    None
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,768,644 (1)
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.4% (1)
12
TYPE OF REPORTING PERSON
IN

(1) Includes 44,445 shares of restricted stock that vest within 60 days of December 31, 2015.




CUSIP No. 345143101
Schedule 13G
Page 3 of 5 Pages




Item 1(a).    Name of Issuer:
Forbes Energy Services Ltd.
Item 1(b).    Address of Issuer’s Principal Executive Offices:
3000 South Business Highway 281, Alice, Texas 78332.
Item 2(a).    Name of Person Filing:
Charles C. Forbes, Jr.
Item 2(b).    Address of Principal Business Office or, if None, Residence:
3000 South Business Highway 281, Alice, Texas 78332.
Item 2(c).    Citizenship:
Charles C. Forbes, Jr. is a citizen of the United States of America.
Item 2(d).    Title of Class of Securities:
Common Stock, par value $0.04 per share.
Item 2(e).    CUSIP Number:
345143101.
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
Not applicable.
Item 4.    Ownership:
(a)Charles C. Forbes, Jr. beneficially owns 2,768,644 shares of common stock, which includes 44,445 shares of restricted stock that vest within 60 days of December 31, 2015.
(b)    All shares of common stock beneficially owned by Charles C. Forbes, Jr. represent 12.4% of the outstanding shares of common stock of the Issuer based on (i) 22,210,355 shares outstanding as of November 9, 2015 per the Issuer’s quarterly report on Form 10-Q filed on November 13, 2015 plus (ii) the aforementioned 44,445 shares of restricted stock that vest within 60 days of December 31, 2015.
(c)    Charles C. Forbes, Jr. has sole power to vote or to direct the vote of 2,768,644 shares of common stock, sole power to dispose or to direct the disposition of 2,768,644 shares of common stock, shared power to vote or to direct the vote of no shares of common stock and shared power to dispose or to direct the disposition of no shares of common stock.



CUSIP No. 345143101
Schedule 13G
Page 4 of 5 Pages



Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.





CUSIP No. 345143101
Schedule 13G
Page 5 of 5 Pages



SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 3, 2016

/s/ Charles C. Forbes, Jr.                
Charles C. Forbes, Jr., in his individual capacity