SEC Form 4
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*
MatlinPatterson Capital Management GP LLC

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT LP,
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TOREADOR RESOURCES CORP [ TRGL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2008
4. 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 Acquired, Disposed of, or Beneficially Owned
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
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.23 2,109,454 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.33 2,109,654 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 300 A $9.35 2,109,954 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 900 A $9.36 2,110,854 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.37 2,110,954 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.39 2,111,154 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.4 2,111,254 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.415 2,111,354 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.43 2,111,554 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.435 2,111,654 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.44 2,111,754 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.445 2,111,854 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 300 A $9.46 2,112,154 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.465 2,112,254 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 400 A $9.475 2,112,654 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 1,000 A $9.48 2,113,654 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 900 A $9.485 2,114,554 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 1,200 A $9.49 2,115,754 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 1,000 A $9.495 2,116,754 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.5 2,116,954 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.525 2,117,054 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.54 2,117,154 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.555 2,117,254 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.56 2,117,454 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 700 A $9.565 2,118,154 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 700 A $9.57 2,118,854 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 100 A $9.58 2,118,954 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.6 2,119,154 I(2) See Footnotes(1)(2)(3)
Common Stock, par value $0.15625 per share 06/16/2008 P 200 A $9.66 2,119,354 I(2) See Footnotes(1)(2)(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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*
MatlinPatterson Capital Management GP LLC

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT LP,
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(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*
MatlinPatterson Distressed Opportunities Master Account L.P.

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT. L.P.
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(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*
MatlinPatterson Capital Management L.P.

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT. L.P.
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(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*
MATLIN DAVID J

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT. L.P.
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(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*
PATTERSON MARK R

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT. L.P.
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(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*
Watzky Michael

(Last) (First) (Middle)
C/O MATLINPATTERSON CAPITAL MGMT. L.P.
520 MADISON AVENUE

(Street)
NEW YORK NY 10022

(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 4 is filed jointly on behalf of (1) MatlinPatterson Distressed Opportunities Master Account L.P., a limited partnership organized under the laws of the Cayman Islands ("MatlinPatterson Distressed"), (2) MatlinPatterson Capital Management L.P., a Delaware limited partnership ("MatlinPatterson Capital Management"), (3) MatlinPatterson Capital Management GP LLC, a Delaware limited liability company ("MatlinPatterson Capital Management GP"), (4) David J. Matlin ("David Matlin"), (5) Mark R. Patterson ("Mark Patterson") and (6) Michael Watzky ("Michael Watzky").
2. The reported securities are directly owned by MatlinPatterson Distressed. MatlinPatterson Capital Management serves as investment adviser or manager to MatlinPatterson Distressed. MatlinPatterson Capital Management GP is the general partner of MatlinPatterson Capital Management. Mark Patterson and David Matlin each hold 50% of the membership interests in MatlinPatterson Capital Management GP. Michael Watzky serves as the Senior Portfolio Manager of MatlinPatterson Capital Management. By reason of such relationship, Michael Watzky may be deemed to share voting and dispositive power over the shares owned by MatlinPatterson Distressed.
3. Each of the reporting persons disclaims beneficial ownership of the reported securities held by MatlinPatterson Distressed except to the extent of their pecuniary interest therein. The inclusion of the reported securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
Remarks:
MATLINPATTERSON CAPITAL MANAGEMENT L.P. By: MATLINPATTERSON CAPITAL MANAGEMENT GP LLC, its general partner By: /s/ ROBERT H. WEISS, General Counsel 06/16/2008
MATLINPATTERSON DISTRESSED OPPORTUNITES MASTER ACCOUNT L.P. By: MATLINPATTERSON DOF GP LLC, its general partner By: MP ALTERNATIVES GP HOLDINGS LLC, its managing member By: /s/ ROBERT H. WEISS, General Counsel 06/16/2008
MATLINPATTERSON CAPITAL MANAGEMENT GP LLC By: /s/ ROBERT H. WEISS, General Counsel 06/16/2008
DAVID J. MATLIN By: /s/ ROBERT H. WEISS, by Power of Attorney 06/16/2008
MARK R. PATTERSON By: /s/ ROBERT H. WEISS, by Power of Attorney 06/16/2008
MICHAEL WATZKY By: /s/ ROBERT H. WEISS, by Power of Attorney 06/16/2008
** 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).
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