FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Gener8 Maritime, Inc. [ GNRT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/07/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 06/29/2015 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class B Common Stock | 05/07/2015 | J(1) | 1,081,081 | D | (1) | 0 | D(3)(4)(5)(6) | |||
Common Stock | 05/07/2015 | J(1) | 1,081,081 | A | (1) | 1,081,081 | D(3)(4)(5)(6) | |||
Common Stock | 05/07/2015 | J(2) | 11,615 | A | $12.48 | 1,092,696 | D(3)(4)(5)(6) | |||
Common Stock | 06/25/2015 | P | 9,943 | A | $13.12 | 1,102,639 | D(3)(4)(5)(6) | |||
Common Stock | 06/25/2015 | P | 9,295 | A | $13.05 | 1,111,934 | D(3)(4)(5)(6) | |||
Common Stock | 06/26/2015 | P | 17,356 | A | $13.44 | 1,129,290 | D(3)(4)(5)(6) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Pursuant to a reclassification exempt under Rule 16b-7, each share of Class B Common Stock of General Maritime Corporation held by Opps Marine Holdings TP, L.P. ("Opps Marine") was reclassified into one share of Common Stock of the Issuer on May 7, 2015. |
2. Represents shares issued by the Issuer in respect of a commitment fee in connection with the Equity Purchase Agreement, dated as of February 24, 2015 (as amended on March 19, 2015), by and between General Maritime Corporation, Navig8 Crude Tankers, Inc. and the commitment parties thereto. |
3. Opps Marine directly owns the common stock (the "Common Stock") of the Issuer. This Form 4 is also being filed by: (i) Oaktree Fund GP 2A, Ltd. ("Fund GP") in its capacity as the general partner of Opps Marine; (ii) Oaktree Capital Management, L.P. ("OCM LP") in its capacity as the sole director of Fund GP; (iii) Oaktree Holdings, Inc. ("OH") in its capacity as the general partner of OCM LP; (iv) Oaktree Capital Group, LLC ("OCG") in its capacity as the sole shareholder of OH; (v) Oaktree Capital Group Holdings GP, LLC ("OCGH GP") in its capacity as the duly appointed manager of OCG (each of Fund GP, OCM LP, OH, OCG and OCGH GP, a "Reporting Person" and collectively, "Reporting Persons"). |
4. Each Reporting Person disclaims beneficial ownership of all Common Stock reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any Common Stock covered by this Form 4. |
5. OCGH GP is a limited liability company managed by an executive committee consisting of Howard S. Marks, Bruce A. Karsh, Sheldon M. Stone, Stephen A. Kaplan, John B. Frank, David Kirchheimer, and Jay S. Wintrob (the "OCGH a limited liability Company Members"). In such capacity, the OCGH GP Members may be deemed to have indirect beneficial ownership of the Common Stock held directly by Opps Marine. Each OCGH GP Member expressly disclaims beneficial ownership of the Common Stock held directly by OCM Marine, except to the extent of his respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any Common Stock covered by this Form 4. |
6. Adam Pierce, a managing director at OCM LP, serves on the board of directors of the Issuer and, as a result, the Reporting Persons may be deemed directors by deputization. |
Remarks: |
Adam Pierce, a managing director at OCM LP, serves on the board of directors of the Issuer and, as a result, the Reporting Persons may be deemed directors by deputization. This Form 4/A amends and restates in its entirety the Form 4 filed on June 29, 2015 to reflect such status. |
OPPS MARINE HOLDINGS TP, L.P By: Oaktree Fund GP Ltd. Its: GP By: Oaktree Capital Management, L.P. Its: Director By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE FUND GP 2A, LTD. By: Oaktree Capital Management, L.P. Its: Director By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE CAPITAL MANAGEMENT, L.P. By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE HOLDINGS, INC. By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE CAPITAL GROUP, LLC By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC By: /s/ Jamie Toothman Name: Jamie Toothman Title: Vice President | 08/17/2016 | |
** 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 4 (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. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |