0001513570-15-000006.txt : 20151203 0001513570-15-000006.hdr.sgml : 20151203 20151203155802 ACCESSION NUMBER: 0001513570-15-000006 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20151203 DATE AS OF CHANGE: 20151203 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: 151267407 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 Janet CENTRAL INDEX KEY: 0001513570 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 2522 MCKINZIE ROAD CITY: CORPUS CHRISTI STATE: TX ZIP: 78410 SC 13G/A 1 schedule13grejanetforbes1.htm SC 13G/A SC 13G


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

SCHEDULE 13G
(Amendment No. 3)

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, 2014
(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 7 Pages)




CUSIP No. 345143101
Schedule 13G
Page 2 of 7 Pages


1
NAME OF REPORTING PERSONS
Janet L. Forbes
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
2,393,443 (1)(2)
6
SHARED VOTING POWER
 0
7
SOLE DISPOSITIVE POWER
 2,393,443 (1)(2)
8
SHARED DISPOSITIVE POWER
 0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,393,443 (1)(2)
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.9% (3)
12
TYPE OF REPORTING PERSON
IN

(1) Includes 32,250 shares of common stock issuable upon exercise of options within 60 days of December 31, 2014.

(2) Includes 842,835 shares of common stock held by J. Forbes Investments, Ltd., a Texas limited partnership (the “Partnership”). The reporting person is the president of J. Forbes Investments Management Company, LLC, a Texas limited liability company and the general partner of the Partnership.

(3) Based on 21,845,575 shares of common stock outstanding as of December 31, 2014 plus 32,250 shares of common stock issuable upon exercise of options within 60 days of December 31, 2014.



CUSIP No. 345143101
Schedule 13G
Page 3 of 7 Pages


1
NAME OF REPORTING PERSONS
J. Forbes Investments, Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
                                 (b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH
5
SOLE VOTING POWER
842,835
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
842,835
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
842,835
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.9% (4)
12
TYPE OF REPORTING PERSON
PN

(4) Based on 21,845,575 shares of common stock outstanding as of December 31, 2014.




CUSIP No. 345143101
Schedule 13G
Page 4 of 7 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:
Janet L. Forbes
J. Forbes Investments, Ltd. (the “Partnership”)
Item 2(b).    Address of Principal Business Office or, if None, Residence:
For Janet L. Forbes:
2522 McKinzie Road, Corpus Christi, Texas 78410.
For the Partnership:
2522 McKinzie Road, Corpus Christi, Texas 78410.
Item 2(c).    Citizenship:
Janet L. Forbes is a citizen of the United States of America.
The Partnership is a Texas limited partnership.
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)Amount beneficially owned:
See Box 9 on cover pages.




CUSIP No. 345143101
Schedule 13G
Page 5 of 7 Pages

(b)    Percent of class:
See Box 11 on cover pages.
(c)    Number of shares as to which such person has:
(i)
Sole power to vote or direct the vote:
See Box 5 on cover pages.
(ii)
Shared power to vote or direct the vote:
See Box 6 on cover pages.
(iii)
Sole power to dispose or to direct the disposition of:
See Box 7 on cover pages.
(iv)
Shared power to dispose or to direct the disposition of:
See Box 8 on cover 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 6 of 7 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: December 3, 2015


/s/ Janet L. Forbes                
Janet L. Forbes, in her individual capacity

 

J. Forbes Investments, Ltd.
By: J. Forbes Investments Management Company, LLC
Its: General Partner
 
By: /s/ Janet L. Forbes                

Name: Janet L. Forbes                

Title: President                
 
 
 
 
 




CUSIP No. 345143101
Schedule 13G
Page 7 of 7 Pages

Exhibit A
Rule 13d-1(k) Agreement
The undersigned agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the common stock of Forbes Energy Services Ltd. at December 31, 2014.

/s/ Janet L. Forbes                
Janet L. Forbes, in her individual capacity

 

J. Forbes Investments, Ltd.
By: J. Forbes Investments Management Company, LLC
Its: General Partner
 
By: /s/ Janet L. Forbes                

Name: Janet L. Forbes                

Title: President                
 
 
 
 
 

















                    
                    



CUSIP No. 345143101
Schedule 13G
Page 8 of 7 Pages






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