0000902664-21-002548.txt : 20210430 0000902664-21-002548.hdr.sgml : 20210430 20210430170118 ACCESSION NUMBER: 0000902664-21-002548 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210420 FILED AS OF DATE: 20210430 DATE AS OF CHANGE: 20210430 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gates Jeffrey L CENTRAL INDEX KEY: 0001394416 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12691 FILM NUMBER: 21879332 MAIL ADDRESS: STREET 1: 1177 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gates Capital Management, Inc. CENTRAL INDEX KEY: 0001312908 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12691 FILM NUMBER: 21879333 BUSINESS ADDRESS: STREET 1: 1177 AVE. OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-626-1421 MAIL ADDRESS: STREET 1: 1177 AVE. OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER NAME: FORMER CONFORMED NAME: Gates Capital Management Inc. DATE OF NAME CHANGE: 20041228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gates Capital Management GP, LLC CENTRAL INDEX KEY: 0001714043 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12691 FILM NUMBER: 21879330 BUSINESS ADDRESS: STREET 1: 1177 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-626-0251 MAIL ADDRESS: STREET 1: 1177 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gates Capital Management, L.P. CENTRAL INDEX KEY: 0001630228 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12691 FILM NUMBER: 21879331 BUSINESS ADDRESS: STREET 1: 1177 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: (212) 626-1421 MAIL ADDRESS: STREET 1: 1177 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ION GEOPHYSICAL CORP CENTRAL INDEX KEY: 0000866609 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 222286646 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2105 CITYWEST BLVD STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 770422855 BUSINESS PHONE: 2819333339 MAIL ADDRESS: STREET 1: 2105 CITYWEST BLVD STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 770422855 FORMER COMPANY: FORMER CONFORMED NAME: INPUT OUTPUT INC DATE OF NAME CHANGE: 19930328 3 1 ownership.xml X0206 3 2021-04-20 0 0000866609 ION GEOPHYSICAL CORP IO 0001312908 Gates Capital Management, Inc. 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 0 0 1 0 0001394416 Gates Jeffrey L 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 0 0 1 0 0001630228 Gates Capital Management, L.P. 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 0 0 1 0 0001714043 Gates Capital Management GP, LLC 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 0 0 1 0 Common Stock, par value $0.01 per share ("Common Stock") 4713354 I See footnote 8.0% Second Lien Convertible Notes, due 2025 Common Stock I See footnote Gates Capital Management, L.P. ("Gates Capital"), acts as the investment manager to certain funds (the "Gates Capital Funds") directly holding the securities reported herein. Gates Capital Management GP, LLC (the "General Partner") is the general partner of Gates Capital. Gates Capital Management, Inc. (the "Corporation"), is the managing member of the General Partner. Jeffrey L. Gates serves as President of the Corporation Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, may be deemed to share beneficial ownership of the securities reported herein. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interests therein, if any. The Issuer's 8.0% New Second Lien Convertible Notes (the "New Second Lien Convertible Notes") are convertible at the election of the holder at any time prior to the close of business on the trading day immediately preceding December 15, 2025, the maturity date of the New Second Lien Convertible Notes. Upon conversion of the New Second Lien Convertible Notes, the settlement of the conversion right may, at the option of the Issuer, be in the form of shares of Common Stock, cash or a combination of cash and shares of Common Stock. The Gates Capital Funds hold an aggregate of $70,479,000 in principal amount of the New Second Lien Convertible Notes are convertible into shares of Common Stock at an initial conversion rate of 333.3333 shares of Common Stock per $1,000 principal amount of New Second Lien Convertible Notes (subject to adjustment in certain circumstances in accordance with the terms of the New Second Lien Convertible Notes). Gates Capital Management, L.P., By: Gates Capital Management GP, LLC, its general partner, By: Gates Capital Management, Inc., its managing member, By: /s/ Jeffrey L. Gates, President 2021-04-30 Gates Capital Management GP, LLC, By: Gates Capital Management, Inc., its managing member, By: /s/ Jeffrey L. Gates, President 2021-04-30 Gates Capital Management, Inc., By: /s/ Jeffrey L. Gates, President 2021-04-30 Jeffrey L. Gates, By: /s/ Jeffrey L. Gates 2021-04-30