0001140361-15-028286.txt : 20150722 0001140361-15-028286.hdr.sgml : 20150722 20150722170016 ACCESSION NUMBER: 0001140361-15-028286 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150722 DATE AS OF CHANGE: 20150722 GROUP MEMBERS: ALAN COOPER GROUP MEMBERS: JET CAPITAL MANAGEMENT, L.L.C. GROUP MEMBERS: JET CAPITAL MASTER FUND, LP GROUP MEMBERS: JET CAPITAL SELECT OPPORTUNITIES MASTER FUND, LP GROUP MEMBERS: JET CAPITAL SRM MASTER FUND, LP GROUP MEMBERS: MATTHEW MARK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SunCoke Energy, Inc. CENTRAL INDEX KEY: 0001514705 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 900640593 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86939 FILM NUMBER: 151000491 BUSINESS ADDRESS: STREET 1: 1011 WARRENVILLE ROAD STREET 2: SUITE 600 CITY: LISLE STATE: IL ZIP: 60532 BUSINESS PHONE: 630-824-1000 MAIL ADDRESS: STREET 1: 1011 WARRENVILLE ROAD STREET 2: SUITE 600 CITY: LISLE STATE: IL ZIP: 60532 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JET CAPITAL INVESTORS L P CENTRAL INDEX KEY: 0001278235 IRS NUMBER: 030460065 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 540 MADISON AVENUE STREET 2: 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2123722510 MAIL ADDRESS: STREET 1: 540 MADISON AVENUE STREET 2: 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 formsc13da.htm JET CAPITAL INVESTORS LP SC 13DA 7-21-2015 (SUNCOKE ENERGY INC)


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



SCHEDULE 13D
(Rule 13d-101)
(Amendment No. 2 (Final))

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

Suncoke Energy, Inc.
(Name of Issuer)

Common Stock, $0.01 par value
(Title of Class of Securities)

86722A103
(CUSIP Number)

Matthew Mark
JET CAPITAL INVESTORS, L.P.
540 Madison Avenue, 17th Floor
New York, New York 10022.
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
            July 21, 2015            
(Date of Event Which Requires Filing
of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d‑1(e), 13d-1(f) or 13d-1(g), check the following box:  


(Continued on following pages)
(Page 1 of 12 Pages)





CUSIP No. 86722A103
13D
Page 2 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
Jet Capital Master Fund, LP
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
33-1220561
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
WC (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
1,070,595
 
 
 
 
8
SHARED VOTING POWER
 
 
None
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
1,070,595
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
None
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,070,595
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
1.6%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 




 
CUSIP No. 86722A103
13D
Page 3 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
Jet Capital Select Opportunities Master Fund, LP
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
98-1078078
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
WC (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
183,763
 
 
 
 
8
SHARED VOTING POWER
 
 
None
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
183,763
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
None
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
183,763
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
0.3%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 

 

3


 
CUSIP No. 86722A103
13D
Page 4 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
The Jet Capital SRM Master Fund, LP
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
47-2559228
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
WC (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
44,896
 
 
 
 
8
SHARED VOTING POWER
 
 
None
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
44,896
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
None
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
44,896
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
0.1%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 


4


 
CUSIP No. 86722A103
13D
Page 5 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
Jet Capital Investors, LP
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
03-0460065
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
OO (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
1,759,188
 
 
 
 
8
SHARED VOTING POWER
 
 
None
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
1,759,188
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
None
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,759,188
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
2.7%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 


5


 
CUSIP No. 86722A103
13D
Page 6 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
Jet Capital Management, L.L.C.
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
02-0610560
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
OO (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
1,299,254
 
 
 
 
8
SHARED VOTING POWER
 
 
None
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
1,299,254
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
None
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,299,254
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
2.0%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
OO
 
 
 
 
 


6


 
CUSIP No. 86722A103
13D
Page 7 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
Alan Cooper
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Not applicable
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
OO (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United States
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
None
 
 
 
 
8
SHARED VOTING POWER
 
 
1,759,188
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
None
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
1,759,188
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,759,188
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
2.7%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
IN
 
 
 
 



7


 
CUSIP No. 86722A103
13D
Page 8 of 12 Pages
 
1
NAMES OF REPORTING PERSONS
Matthew Mark
 
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Not applicable
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
 
(b)
 See Item 5
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
 
 
OO (see Item 3)
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United States
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
None
 
 
 
 
8
SHARED VOTING POWER
 
 
1,759,188
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
None
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
1,759,188
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,759,188
 
 
 
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
2.7%
 
 
 
 
14
TYPE OF REPORTING PERSON
 
 
IN
 
 
 
 



8


 
Schedule 13D
Amendment No. 2 (Final)

This Amendment No. 2 (Final) to the Statement on Schedule 13D (the “Schedule 13D”) relating to the common stock, $0.01 par value (the “Common Stock”), of Suncoke Energy, Inc., a Delaware company (the “Company”) is being filed by Jet Capital Master Fund LP,  Jet Capital Select Opportunities Master Fund LP, Jet Capital SRM Master Fund, LP, Jet Capital Investors, LP, Jet Capital Management, L.L.C., Alan Cooper and Matthew Mark (the “Reporting Persons”).

Item 5.   Interest in Securities of the Issuer.

(a)           As of the date hereof, the Reporting Persons beneficially own an aggregate of  1,759,188 shares of Common Stock, representing approximately  2.7% of the outstanding Common Stock.1  Jet Master Fund beneficially owns  1,070,595 of such shares, representing approximately  1.6% of the Common Stock outstanding, Jet Select Master Fund beneficially owns  183,763 of such shares, representing approximately 0.3% of the Common Stock outstanding and Jet SRM Master Fund beneficially owns  44,896 of such shares, representing approximately  0.1% of the Common Stock outstanding.  A total of  459,934 shares, representing approximately  0.7% of the Common Stock outstanding, are held in the Managed Accounts.

(b)           By reason of its position as investment manager to the Master Funds and the Managed Accounts, Jet Investors may be deemed to possess the power to vote and dispose of the shares of Common Stock beneficially owned by the Master Funds and the shares of Common Stock held in the Managed Accounts.  By reason of its position as the general partner of the Master Funds, Jet Management may be deemed to possess the power to vote and dispose of the shares of Common Stock beneficially owned by the Master Funds.  By reason of their responsibility for the supervision and conduct of all investment activities of Jet Investors and Jet Management, Messrs. Cooper and Mark may be deemed to possess the power to vote and dispose of the shares of Common Stock beneficially owned by Jet Investors and Jet Management.

(c)           Except for the transactions set forth in Schedule II annexed hereto, none of the persons identified in Item 2 has effected any transactions in the Common Stock during the past 60 days.  All such transactions were effected in the open market.

(d)           Not applicable.
 
(e)                The Reporting Persons ceased to be beneficial owners of more than five percent of the outstanding common stock on July 21, 2015.  The Reporting Persons assume no obligation to further amend the Schedule 13D unless and until their beneficial ownership should exceed five percent of the outstanding Common Stock.



1 Based on  65,230,501  shares of common stock outstanding on  April 24, 2015, as reported in the Company’s Quarterly Report on Form 10-Q for the quester ended  March 31, 2015.

9


 
SIGNATURES

After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, complete and correct.

Date:   July 21, 2015

 
JET CAPITAL MASTER FUND, LP
 
By:
Jet Capital Management, L.L.C.
     
 
By:
/s/ Matthew Mark
 
Name:
Matthew Mark
 
Title:
Managing Member
     
 
JET CAPITAL SPECIAL OPPORTUNITIES MASTER FUND, LP
 
By:
Jet Capital Management, L.L.C.
     
 
By:
/s/ Matthew Mark
 
Name:
Matthew Mark
 
Title:
Managing Member
     
 
JET CAPITAL SRM MASTER  FUND, LP
 
By:
Jet Capital Management, L.L.C.
     
 
By:
/s/ Matthew Mark
 
Name:
Matthew Mark
 
Title:
Managing Member
     
 
JET CAPITAL INVESTORS, LP
 
By:
Jet Capital G.P. L.L.C.
     
 
By:
/s/ Matthew Mark
 
Name:
Matthew Mark
 
Title:
Managing Member
     
 
JET CAPITAL MANAGEMENT, L.L.C.
     
 
By:
/s/ Matthew Mark
 
Name:
Matthew Mark
 
Title:
Managing Member
     
 
Alan Cooper
 
/s/     Alan Cooper
     
 
Matthew Mark
 
/s/       Matthew Mark


10


 
SCHEDULE II

This schedule sets forth information with respect to each purchase of Common Stock that was effectuated by Jet Master Fund during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
             
None
           

This schedule sets forth information with respect to each sale of Common Stock that was effectuated by Jet Master Fund during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
6/17/2015
   
182,452
     
14.2822
   
$
2,605,823
 
6/18/2015
   
60,818
     
14.5102
   
$
882,483
 
7/10/2015
   
4,102
     
12.3249
   
$
50,557
 
7/15/2015
   
121,715
     
11.8701
   
$
1,444,767
 
7/21/2015
   
1,065,496
     
12.0703
   
$
12,860,799
 

This schedule sets forth information with respect to each purchase of Common Stock that was effectuated by Jet Select Master Fund during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
             
None
           
 
This schedule sets forth information with respect to each sale of Common Stock that was effectuated by Jet Select Master Fund during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
6/17/2015
   
31,318
     
14.2822
   
$
447,291
 
6/18/2015
   
10,439
     
14.5102
   
$
151,472
 
7/10/2015
   
705
     
12.3249
   
$
8,689
 
7/15/2015
   
20,892
     
11.8701
   
$
247,990
 
7/21/2015
   
182,890
     
12.0703
   
$
2,207,527
 
 
11

 
This schedule sets forth information with respect to each purchase of Common Stock that was effectuated by Jet SRM Master Fund during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
             
None
           

This schedule sets forth information with respect to each sale of Common Stock that was effectuated by Jet SRM Master Fund during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
6/17/2015
   
7,651
     
14.2822
   
$
109,273
 
6/18/2015
   
2,550
     
14.5102
   
$
37,001
 
7/10/2015
   
172
     
12.3249
   
$
2,120
 
7/15/2015
   
5,104
     
11.8701
   
$
60,585
 
7/21/2015
   
44,683
     
12.0703
   
$
539,336
 
 
This schedule sets forth information with respect to each purchase of Common Stock that was effectuated in the Managed Accounts during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
             
None
           

This schedule sets forth information with respect to each sale of Common Stock that was effectuated in the Managed Accounts during the past 60 days.

Date
 
Number
of Shares
   
Price
Per Share
   
Cost
 
6/17/2015
   
78,579
     
14.2822
   
$
1,122,284
 
6/18/2015
   
26,193
     
14.5102
   
$
380,067
 
7/10/2015
   
4,182
     
12.3624
   
$
51,700
 
7/15/2015
   
52,289
     
11.8701
   
$
620,675
 
7/21/2015
   
457,743
     
12.0703
   
$
5,525,071
 

 
 
12