SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Firefly Value Partners, LP

(Last) (First) (Middle)
601 WEST 26TH STREET
SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/28/2020
3. Issuer Name and Ticker or Trading Symbol
GULFPORT ENERGY CORP [ GPOR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 par value(1) 20,906,000 D(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Firefly Value Partners, LP

(Last) (First) (Middle)
601 WEST 26TH STREET
SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FVP Master Fund LP

(Last) (First) (Middle)
C/O FIREFLY VALUE PARTNERS, LP
601 WEST 26TH STREET, SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Firefly Management CO GP, LLC

(Last) (First) (Middle)
C/O FIREFLY VALUE PARTNERS, LP
601 WEST 26TH STREET, SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FVP GP, LLC

(Last) (First) (Middle)
C/O FIREFLY VALUE PARTNERS, LP
601 WEST 26TH STREET, SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Heslop Ryan

(Last) (First) (Middle)
C/O FIREFLY VALUE PARTNERS, LP
601 WEST 26TH STREET, SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Warszawski Ariel

(Last) (First) (Middle)
C/O FIREFLY VALUE PARTNERS, LP
601 WEST 26TH STREET, SUITE 1520

(Street)
NEW YORK NY 10001

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This Form 3 is filed jointly by FVP Master Fund, L.P. ("FVP Master Fund"), Firefly Value Partners, LP ("Firefly Value Partners"), FVP GP, LLC ("FVP GP"), Firefly Management Company GP, LLC ("Firefly Management"), Ariel Warszawski and Ryan Heslop (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock, $0.01 par value per share.
2. Securities owned directly by FVP Master Fund. As the investment manager of FVP Master Fund, Firefly Value Partners may be deemed to beneficially own the securities owned directly by FVP Master Fund. As the general partner of FVP Master Fund, FVP GP may be deemed to beneficially own the securities owned directly by FVP Master Fund. As the general partner of Firefly Value Partners, Firefly Management may be deemed to beneficially own the securities owned directly by FVP Master Fund. As a managing member of each of FVP GP and Firefly Management, each of Messrs. Heslop and Warszawski may be deemed to beneficially own the securities owned directly by FVP Master Fund. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
Firefly Value Partners, LP, By: Firefly Management Company GP, LLC, its general partner, By: /s/ Ariel Warszawski, Managing Member 03/09/2020
FVP Master Fund, L.P., By: FVP GP, LLC, its general partner, By: /s/ Ariel Warszawski, Managing Member 03/09/2020
FVP GP, LLC, By: /s/ Ariel Warszawski, Managing Member 03/09/2020
Firefly Management Company GP, LLC, By: /s/ Ariel Warszawski, Managing Member 03/09/2020
/s/ Ariel Warszawski 03/09/2020
/s/ Ryan Heslop 03/09/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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