0001676601-19-000005.txt : 20190226 0001676601-19-000005.hdr.sgml : 20190226 20190226190240 ACCESSION NUMBER: 0001676601-19-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190222 FILED AS OF DATE: 20190226 DATE AS OF CHANGE: 20190226 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: 001-38668 FILM NUMBER: 19635151 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 Inc. CENTRAL INDEX KEY: 0001735828 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, SUITE 1800 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 432-689-5200 MAIL ADDRESS: STREET 1: 303 W. WALL STREET, SUITE 1800 CITY: MIDLAND STATE: TX ZIP: 79701 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2019-02-22 0 0001735828 Legacy Reserves Inc. LGCY 0001676601 Baines Creek Capital, LLC 11940 JOLLYVILLE SUITE 210-S AUSTIN TX 78759 0 0 1 0 Common 2019-02-22 4 P 0 25000 1.33 A 25489537 D Common 2019-02-25 4 P 0 50000 1.25 A 25539537 D Common 2019-02-26 4 P 0 25000 1.19 A 25564537 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 Capital LLC 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 February 22, 2019 was 25,000 shares and such shares were purchased by the Reporting Persons in the following amounts: BCP = 0 shares; BCSPP = 0 shares; KT = 0 shares; JC = 0 shares; JS = 0 shares, and BW = 25,000 shares. 25,489,537 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 14,323,250 shares directly owned by it; BCSPP = 9,919,802 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 147,317 shares directly owned by him; JS = 8,686 shares directly owned by him, and BW = 1,083,972 shares directly owned by him. The aggregate number of shares of common stock purchased on February 25, 2019 was 50,000 shares and such shares were purchased by the Reporting Persons in the following amounts: BCP = 0 shares; BCSPP = 0 shares; KT = 0 shares; JC = 0 shares; JS = 0 shares, and BW = 50,000 shares. 25,539,537 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 14,323,250 shares directly owned by it; BCSPP = 9,919,802 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 147,317 shares directly owned by him; JS = 8,686 shares directly owned by him, and BW = 1,133,972 shares directly owned by him. The aggregate number of shares of common stock purchased on February 26, 2019 was 25,000 shares and such shares were purchased by the Reporting Persons in the following amounts: BCP = 0 shares; BCSPP = 0 shares; KT = 0 shares; JC = 0 shares; JS = 0 shares, and BW = 25,000 shares. 25,564,537 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons and is owned as follows: BCP = 14,323,250 shares directly owned by it; BCSPP = 9,919,802 shares directly owned by it; KT = 6,510 shares directly owned by him; JC = 147,317 shares directly owned by him; JS = 8,686 shares directly owned by him, and BW = 1,158,972 shares directly owned by him. /S/ Brian Williams 2019-02-26