Sec Form 4 Filing - Strategic Value Partners, LLC @ Chaparral Energy, Inc. - 2019-06-14

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
Strategic Value Partners, LLC
2. Issuer Name and Ticker or Trading Symbol
Chaparral Energy, Inc. [ CHAP]
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)
100 WEST PUTNAM AVENUE,
3. Date of Earliest Transaction (MM/DD/YY)
06/14/2019
(Street)
GREENWICH, CT06830
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
Class A Common Stock 1,399,807 I See footnotes ( 1 ) ( 2 ) ( 3 )
Class A Common Stock 1,331,851 I See footnotes ( 1 ) ( 2 ) ( 4 )
Class A Common Stock 06/14/2019 P 123,114 A $ 3.13 6,023,527 I See footnotes ( 1 ) ( 2 ) ( 5 )
Class A Common Stock 06/17/2019 P 35,174 A $ 3.17 6,058,701 I See footnotes ( 1 ) ( 2 ) ( 5 )
Class A Common Stock 06/14/2019 P 36,886 A $ 3.13 2,693,103 I See footnotes ( 1 ) ( 2 ) ( 6 )
Class A Common Stock 06/17/2019 P 15,726 A $ 3.17 2,708,829 I See footnotes ( 1 ) ( 2 ) ( 6 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owne d
( 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
Strategic Value Partners, LLC
100 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
SVP Special Situations III LLC
100 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
SVP Special Situations IV LLC
C/O STRATEGIC VALUE PARTNERS, LLC
100 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
SVP Special Situations III-A LLC
100 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
Khosla Victor
100 WEST PUTNAM AVENUE
GREENWICH, CT06830
X
Signatures
Strategic Value Partners, LLC By: /s/ James Dougherty Name: James Dougherty Title: Chief Financial Officer 06/18/2019
Signature of Reporting Person Date
SVP Special Situations III LLC By: /s/ James Dougherty Name: James Dougherty Title: Chief Financial Officer 06/18/2019
Signature of Reporting Person Date
SVP Special Situations IV LLC By: /s/ James Dougherty Name: James Dougherty Title: Chief Financial Officer 06/18/2019
Signature of Reporting Person Date
SVP Special Situations III-A LLC By: /s/ James Dougherty Name: James Dougherty Title: Chief Financial Officer 06/18/2019
Signature of Reporting Person Date
/s/ Victor Khosla 06/18/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reported securities are held directly by Strategic Value Master Fund, Ltd., Strategic Value Special Situations Master Fund III, L.P., Strategic Value Special Situations Master Fund IV, L.P., and Strategic Value Opportunities Fund, L.P. (together, the "Funds"), and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations IV LLC ("Special Situations IV"), and SVP Special Situations III-A LLC ("Special Situations III-A"), each as investment manager, and Victor Khosla ("Mr. Khosla" and together with Strategic Value Partners, Strategic Value Partners, Special Situations III, Special Situations IV, and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.
( 2 )The filing of this Form 4 shall not be construed as an admission that the Reporting Persons or the Funds are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owners of any securities of Chaparral Energy, Inc. (the "Issuer"). The Reporting Persons and the Funds disclaim such beneficial ownership, except to the extent of their pecuniary interest.
( 3 )Held directly by Strategic Value Master Fund, Ltd., a Cayman Islands exempted company. Strategic Value Partners is the investment manager of, and exercises investment discretion over Strategic Value Master Fund, Ltd. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.
( 4 )Held directly by Strategic Value Special Situations Master Fund III, L.P., a Cayman Islands exempted limited partnership. Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, L.P. Each of Strategic Value Special Situations Fund III, L.P., a Delaware limited partnership, and Strategic Value Special Situations Offshore Fund III, L.P., a Cayman Islands exempted limited partnership, holds limited partnership interests in Strategic Value Special Situations Master Fund III, L.P. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.
( 5 )Held directly by Strategic Value Special Situations Master Fund IV, L.P., a Cayman Islands exempted limited partnership. Special Situations IV is the investment manager of, and exercises discretion over Strategic Value Special Situations Master Fund IV, L.P. Each of Strategic Value Special Situations Fund IV, L.P., a Delaware limited partnership, and Strategic Value Special Situations Offshore Fund IV, L.P., a Cayman Islands exempted limited partnership, holds limited partnership interests in Strategic Value Special Situations Master Fund IV, L.P. Strategic Value Partners is the managing member of Special Situations IV. Strategic Value Partners and Special Situations IV are both indirectly majority owned and controlled by Mr. Khosla.
( 6 )Held directly by Strategic Value Opportunities Fund, L.P., a Cayman Islands exempted limited partnership. Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Opportunities Fund, L.P. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Opportunities Feeder Fund, Ltd. holds limited partnership interests in Strategic Value Opportunities Fund, L.P. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.

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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