0001209191-17-016272.txt : 20170302
0001209191-17-016272.hdr.sgml : 20170302
20170302102438
ACCESSION NUMBER: 0001209191-17-016272
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170228
FILED AS OF DATE: 20170302
DATE AS OF CHANGE: 20170302
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STONE ENERGY CORP
CENTRAL INDEX KEY: 0000904080
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 721235413
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 625 E KALISTE SALOOM RD
CITY: LAFAYETTE
STATE: LA
ZIP: 70508
BUSINESS PHONE: 3372370410
MAIL ADDRESS:
STREET 1: 625 E KALISTLE SALOOM RD
CITY: LAFAYETTE
STATE: LA
ZIP: 70508
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Seilhan Keith
CENTRAL INDEX KEY: 0001567749
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12074
FILM NUMBER: 17657300
MAIL ADDRESS:
STREET 1: 625 E. KALISTE SALOOM RD.
CITY: LAFAYETTE
STATE: LA
ZIP: 70508
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-02-28
0
0000904080
STONE ENERGY CORP
SGY
0001567749
Seilhan Keith
625 E. KALISTE SALOOM RD.
LAFAYETTE
LA
70508
0
1
0
0
Sr. VP - Gulf of Mexico
Common stock, $0.01 par value per share
2017-02-28
4
J
0
6331
0.00
D
0
D
Common stock, $0.01 par value per share
2017-03-01
4
J
0
1116
0.00
A
1116
D
Warrants
42.04
2017-03-01
4
J
0
3938
0.00
A
2021-03-01
Common stock, $0.01 par value per share
3938
3938
D
On December 14, 2016, the Issuer and certain of its subsidiaries (the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code (the "Bankruptcy Code"). On February 15, 2017, the Bankruptcy Court entered an order confirming the Debtor's Second Amended Joint Prepackaged Plan of Reorganization, dated December 28, 2016 (the "Plan") and on February 28, 2017 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. On the Effective Date, all outstanding shares of the Issuer's common stock (the "Old Common Stock") were cancelled and extinguished.
New shares of the Issuer's common stock, par value $0.01 per share (the "New Shares") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date under the Plan. The Reporting Person received 1 New Share for every 5.674558 shares of Old Common Stock held by the Reporting Person on the Effective Date of the Plan. Included in the New Shares are 231 shares of restricted stock that vest January 15, 2018. The receipt of New Shares was involuntary, without consideration and in accordance with the Plan approved by the Bankruptcy Court.
Pursuant to the Plan, the Reporting Person received 3.529412 warrants for each New Common Share. The warrants may be exercised any time prior to the expiration date, unless terminated earlier by their terms upon the consummation of certain business combinations or sale transactions involving the issuer. The receipt of the warrants was involuntary and without consideration.
Keith Seilhan
2017-03-02