Sec Form 4 Filing - aPriori Capital Partners LLC @ BASIC ENERGY SERVICES INC - 2014-06-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
aPriori Capital Partners LLC
2. Issuer Name and Ticker or Trading Symbol
BASIC ENERGY SERVICES INC [ BAS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
767 FIFTH AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
06/12/2014
(Street)
NEW YORK, NY10153
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 $0.01 per share 06/12/2014 S 5,545,898 D $ 25.5 5,831,903 ( 2 ) I See Notes ( 1 ) ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
aPriori Capital Partners LLC
767 FIFTH AVENUE
NEW YORK, NY10153
X
DLJ MERCHANT BANKING PARTNERS III LP
767 FIFTH AVENUE
NEW YORK, NY10153
X
aPriori Capital Partners III LLC
767 FIFTH AVENUE
NEW YORK, NY10153
X
aPriori Capital Partners L.P.
767 FIFTH AVENUE
NEW YORK, NY10153
X
aPriori Capital GmbH
MAXIMILIANHOEFE, MAXIMILIANSTRASSE 13
MUNICH, 2M80539
X
SCHNABEL SUSAN C
11400 W. OLYMPIC BOULEVARD SUITE 1400
LOS ANGELES, CA90064
X
Taylor Colin A.
110 FETTER LANE
LONDON, X0EC4A 1AY
X
Signatures
aPriori Capital Partners LLC, By: /s/ Susan C. Schnabel , Authorized Person 06/12/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 is being filed jointly by the following (each, a "Reporting Person," and, collectively, the "Reporting Persons"): DLJ Merchant Banking Partners III, L.P. ("MB III LP"); DLJ Offshore Partners III, L.P. ("Offshore Partners III"); DLJ Offshore Partners III-1, C.V. ("Offshore Partners III-1"); DLJ Offshore Partners III-2, C.V. ("Offshore Partners III-2"); DLJ MB PartnersIII GmbH & Co. KG ("PartnersIII GmbH"); Millennium Partners II, L.P. ("Millennium"); MBP III Plan Investors, L.P. ("MBP III" and, together with MB III LP, Offshore Partners III, Offshore Partners III-1, Offshore Partners III-2, PartnersIII GmbH, Millennium, the "Funds"); aPriori Capital Partners LLC ("aPriori"); aPriori Capital Partners L.P. ("aCP"); aPriori Capital Partners III LLC ("aCP III"); aPriori Capital GmbH ("aCP GmbH"); Susan C. Schnabel and Colin A. Taylor.
( 2 )Represents shares of Common Stock held as follows: 4,519,861 shares directly by MB III LP; 311,578 shares directly by Offshore Partners III; 79,860 shares directly by Offshore Partners III-1; 56,887 shares directly by Offshore Partners III-2; 37,742 shares directly by PartnersIII GmbH; 25,580 shares directly by Millennium; and 800,395 shares directly by MBP III. Each of the Reporting Persons disclaims beneficial ownership of the securities except to the extent of such person's pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 of the Exchange Act or otherwise.

Remarks:
Exhibit 99.1 (Joint Filer Information) incorporated herein by reference.

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