-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EUeuS1H1D91N5pFnNBdnnrk0YJ/VdC5KtPmdyNkohPkzCan8WHdiTXJnEczDu5Iu Yl7AB5/vXbEwLqPSW1ecnw== 0000722487-99-000027.txt : 19990624 0000722487-99-000027.hdr.sgml : 19990624 ACCESSION NUMBER: 0000722487-99-000027 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990528 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHESAPEAKE ENERGY CORP CENTRAL INDEX KEY: 0000895126 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 731395733 STATE OF INCORPORATION: OK FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-43515 FILM NUMBER: 99637683 BUSINESS ADDRESS: STREET 1: 6100 N WESTERN AVE CITY: OKLAHOMA CITY STATE: OK ZIP: 73118 BUSINESS PHONE: 4058488000 MAIL ADDRESS: STREET 1: 6100 NORTH WESTERN AVE CITY: OKLAHOMA CITY STATE: OK ZIP: 73118 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COMDISCO INC CENTRAL INDEX KEY: 0000722487 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER RENTAL & LEASING [7377] IRS NUMBER: 362687938 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 6111 N RIVER RD CITY: ROSEMONT STATE: IL ZIP: 60018 BUSINESS PHONE: 8476983000 MAIL ADDRESS: STREET 1: 6111 NOTH RIVER ROAD STREET 2: 6111 NOTH RIVER ROAD CITY: ROSEMONT STATE: IL ZIP: 60018 SC 13G 1 RULE 13D-(C) SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 CHESAPEAKE ENERGY CORPORATION (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of class of securities) 165167107 - -------------------------------------------------------------------------------- (CUSIP Number) August 14, 1998 (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) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 165167107 (1) Names of Reporting Person Comdisco, Inc. S.S. or I.R.S. Identifica- 36-2687938 tion Nos. of Above Person (2) Check the appropriate Box if a Member of a Group (a) Not Applicable (b) (3) SEC Use Only (4) Citizenship or Place of Organization Delaware Number of Shares (5) Sole Voting Power 5,017,766 Beneficially Owned by Each Reporting (6) Shared Voting 0 Person With (7) Sole Dispositive 5,017,766 (8) Shared Dispositive Power 0 (9) Aggregate Amount Beneficially Owned by Each Reporting Person 5,017,766 (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (11) Percent of Class Represented by Amount in Row (9) 5.10% (12) Type of Reporting Person CO Item 1(a). Name of Issuer: Chesapeake Energy Corporation ("Chesapeake"). Item 1(b). Address of Issuer's Principal Executive Offices: Chesapeake's principal executive offices are located at 6100 North Western Avenue, Oklahoma City, OK 73118. Item 2(a). Name of Person Filing: Comdisco, Inc. ("Comdisco"). Item 2(b). Address of Principal Business Office, or if none, Residence: Comdisco's principal business address at 6111 North River Road, Rosemont, Illinois 60018. Item 2(c). Citizenship: Comdisco is a Delaware corporation. Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share ("Common Stock"). Item 2(e). CUSIP Number: 165167107 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b)or (c), check whether the person filing is: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G). (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) [ ] A church plan that is excluded from the definitions of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U .S.C. 80a-3). (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). If this statement is filed pursuant to ss.240.13d-1(c), check this box [X]. Item 4. Ownership. (a) Amount beneficially owned: 5,017,766 (b) Percent of class: 5.10% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 5,017,766 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of:5,017,766 (iv) Shared power to dispose or to direct the disposition of: 0 Comdisco acquired 5,017,766 shares of Chesapeake Common Stock as a result of the merger of Hugoton Energy Corporation and Chesapeake on March 10, 1998. On May 26, 1999, Comdisco sold 303,550 shares in the open market. Since the date of the merger, Comdisco has not acquired any additional shares. Comdisco currently owns 4,714,216 shares of Chesapeake or 4.86% of the current (as of April 30, 1999) 96,910,308 issued and outstanding shares. On May 17, 1999, Comdisco reviewed the Chesapeake's Form 10-Q for the quarter ending March 31, 1999 and learned that Chesapeake had repurchased its own shares of common stock resulting in the reduction of the total number of shares of Common Stock issued and outstanding to 96,910,308 as of April 30, 1999. This repurchase increased the percentage of shares outstanding held by Comdisco. Subsequently, Comdisco learned from the Form 10-Q filed on August 14, 1998 that the percentage of shares it owned as a result of the merger had been increased from 4.77% to 5.10% because the number of shares issued and outstanding had decreased from 105,105,580 to 98,335,100 as a result of repurchases by the issuer effected after the merger in 1998. The Form 10-Q stated that Chesapeake had 98,335,100 shares of Common Stock issued and outstanding; accordingly, on August 14, 1998, Comdisco's percentage of outstanding shares of Common Stock was 5.10%. However, as noted above, as a result of open market sales Comdisco currently holds 4,714,216 shares, or 4.86% of the current 96,910,308 shares of Common Stock of Chesapeake issued and outstanding.
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. 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 By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Signature After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: May 28, 1999 COMDISCO, INC. By: /s/ Philip A. Hewes Name:Philip A. Hewes Title: Senior Vice President and Secretary
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