Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 9)*
KRATON PERFORMANCE POLYMERS, INC.
-------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $0.01 Par Value
-------------------------------------------------------------------------------
(Title of Class of Securities)
50077C106
-------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2013
-------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:
[X] RULE 13D-1(B)
[ ] RULE 13D-1(C)
[ ] RULE 13D-1(D)
*THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING
PERSON'S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF
SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH
WOULD ALTER DISCLOSURES PROVIDED IN A PRIOR COVER PAGE.
THE INFORMATION REQUIRED ON THE REMAINDER OF THIS COVER PAGE SHALL NOT
BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES
EXCHANGE ACT OF 1934 (THE "ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES
OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS
OF THE ACT (HOWEVER, SEE THE NOTES).
Page 1 of 10 Pages
CUSIP NO. 50077C106
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bay Resource Partners, L.P.
- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 273,000
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
273,000
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
273,000
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.8%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------
Page 2 of 10 Pages
CUSIP NO. 50077C106
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bay II Resource Partners, L.P.
- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 515,300
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
515,300
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
515,300
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENTAGE OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.6%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------
Page 3 of 10 Pages
CUSIP NO. 50077C106
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bay Resource Partners Offshore Master Fund, L.P.
- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 866,703
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
866,703
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
866,703
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.7%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------
Page 4 of 10 Pages
CUSIP NO. 50077C106
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GMT Capital Corp.
- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Georgia
- --------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF NONE
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 1,736,203
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
NONE
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,736,203
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,736,203
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
- --------------------------------------------------------------------------
Page 5 of 10 Pages
CUSIP NO. 50077C106
---------
- --------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas E. Claugus
- --------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 55,900
SHARES
BENEFICIALLY -------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 1,736,203
PERSON -------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
55,900
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,736,203
- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,792,103
- --------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ] (SEE INSTRUCTIONS)
- --------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.8%
- --------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------------------------------------------------------------------------
Page 6 of 10 Pages
Explanatory Note:
This Amendment No. 9 amends and supplements Amendment No. 8 (Amendment
No. 8) filed with the Securities and Exchange Commission (SEC)on February
27, 2013, which amended and supplemented Amendment No. 7 (Amendment No. 7)
to Schedule 13G filed with the SEC on December 31, 2012, which amended and
supplemented Amendment No. 6 (Amendment No. 6)to Schedule 13G filed with the
SEC on October 4, 2011, which amended and supplemented Amendment No. 5
(Amendment No. 5) to Schedule 13G filed with the SEC on August 30, 2011, which
amended and supplemented Amendment No. 4 (Amendment No. 4) to Schedule 13G
filed with the SEC on July 13, 2011, which amended and supplemented Amendment
No. 3 (Amendment No. 3) to Schedule 13G filed with the SEC on December 15,
2010, which amended and supplemented Amendment No. 2 (Amendment No. 2) to
Schedule 13G filed with the SEC on November 23, 2010, which amended and
supplemented the Amendment No. 1 to Schedule 13G filed with the SEC on October
8, 2010, which amended and supplemented the Schedule 13G originally filed with
the SEC on August 18, 2010 by the Reporting Persons.
ITEM 1(A) NAME OF ISSUER:
-----------------
KRATON PERFORMANCE POLYMERS, INC.
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
------------------------------------------------
15710 John F. Kennedy Blvd.
Suite 300
Houston, TX 77032
ITEM 2(a) NAME OF PERSON FILING:
-----------------------
(i) Bay Resource Partners, L.P. (Bay), with respect to
shares of Common Stock directly owned by it.
(ii) Bay II Resource Partners, L.P. (Bay II), with
respect to shares of Common Stock directly owned by it.
(iii) Bay Resource Partners Offshore Master Fund, L.P. (Offshore
Fund) with respect to shares of Common Stock directly
owned by it, as the successor to Bay Resource Partners
Offshore Fund, Ltd.
(iv) GMT Capital Corp. (GMT Capital) with respect to
shares of Common Stock beneficially owned by it.
(v) Thomas E. Claugus, (Mr. Claugus), with respect to the
shares of Common Stock directly owned by him and
directly owned by each of Bay, Bay II, and the
Offshore Fund and GMT Capital separate account clients.
The foregoing persons are hereinafter sometimes
collectively referred to as the Reporting Persons. Any
disclosures herein with respect to persons other than the
Reporting Persons are made on information and believe after
making inquiry to the appropriate party.
Page 7 of 10 Pages
Reporting Person is based upon 32,528,011 shares of Common Stock
outstanding as of October 28, 2013, as disclosed in the Issuers
Form 10-Q filing for the quarterly period ended September 30, 2013,
filed with the SEC on November 1, 2012. This Statement is being
filed with respect to an aggregate of 1,792,103 shares of Common
Stock, resulting in beneficial ownership of Common Stock as
follows:
1. Bay Resource Partners, L.P.,
(a) Amount Beneficially owned: 273,000
(b) Percent of Class: 0.8%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 273,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 273,000
2. Bay II Resource Partners, L.P.
(a) Amount Beneficially owned: 515,300
(b) Percent of Class: 1.6%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 515,300
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 515,300
3. Bay Resource Partners Offshore Master Fund, L.P.
(a) Amount Beneficially owned: 866,703
(b) Percent of Class: 2.7%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 866,703
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
866,703
4. GMT Capital Corp.
(a) Amount Beneficially owned: 1,736,203
(b) Percent of Class: 5.3%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,736,203
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,736,203
5. Thomas E. Claugus
(a) Amount Beneficially owned: 1,792,103
(b) Percent of Class: 5.5%
(c) (i) Sole power to vote or direct the vote: 55,900
(ii) Shared power to vote or direct the vote: 1,736,203
(iii) Sole power to dispose or direct the disposition: 55,900
(iv) Shared power to dispose or direct the disposition:
1,736,203
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. N/A
---------------------------------------------
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
--------------------------------------------------------
Page 9 of 10 Pages
GMT Capital, the general partner of Bay and Bay II, has the
power to direct the affairs of Bay and Bay II, including
the voting and disposition of shares. As the discretionary
investment manager of the Offshore Fund and certain other
accounts, GMT Capital has power to direct the voting and
disposition of shares held by the Offshore Fund and such
accounts. Mr. Claugus is the President of GMT Capital and
in that capacity directs the operations of each of Bay
and Bay II and the voting and disposition of shares held
by the Offshore Fund and separate client accounts managed
by GMT Capital.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY OR CONTROL PERSON.
---------------------------------------------------------
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
----------------------------------------------------------
See Item 2.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
---------------------------------
N/A
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I hereby certify that the information set forth in this statement is
true, complete and correct.
February 17, 2014
/s/ George E. Case, III
----------------------------------
George E. Case, III, as Vice
President of GMT Capital Corp.,
for itself and as the general
partner of (i) Bay Resource
Partners, L.P. and (ii) Bay II
Resource Partners, L.P., and
for the investment manager of
(iii) Bay Resource Partners
Offshore Master Fund, L.P. and
(iv) certain other accounts and
for Thomas E. Claugus
Page 10 of 10 Pages