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Brookfield Oaktree Holdings, LLC — Director's Dealing 2016
Aug 17, 2016
35528_dirs_2016-08-17_f12c043a-3c27-4cb2-8bbe-0e4074c15f5c.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Gener8 Maritime, Inc. (GNRT)
CIK: 0001443799
Period of Report: 2015-05-07
Reporting Person: Opps Marine Holdings TP, L.P. (Director, 10% Owner)
Reporting Person: Oaktree Fund GP 2A Ltd (Director, 10% Owner)
Reporting Person: OAKTREE CAPITAL MANAGEMENT LP (Director, 10% Owner)
Reporting Person: Oaktree Holdings, Inc. (Director, 10% Owner)
Reporting Person: Oaktree Capital Group, LLC (Director, 10% Owner)
Reporting Person: Oaktree Capital Group Holdings GP, LLC (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-07 | Class B Common Stock | J | 1081081 | — | Disposed | 0 | Direct |
| 2015-05-07 | Common Stock | J | 1081081 | — | Acquired | 1081081 | Direct |
| 2015-05-07 | Common Stock | J | 11615 | $12.48 | Acquired | 1092696 | Direct |
| 2015-06-25 | Common Stock | P | 9943 | $13.12 | Acquired | 1102639 | Direct |
| 2015-06-25 | Common Stock | P | 9295 | $13.05 | Acquired | 1111934 | Direct |
| 2015-06-26 | Common Stock | P | 17356 | $13.44 | Acquired | 1129290 | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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").
F4: 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.
F5: 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.
F6: 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.