Permian Resources Corp — Major Shareholding Notification 2016

Jul 25, 2016

SC 13G 1 sc13g.htm

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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. __)*

Silver Run Acquisition Corporation

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(Name of Issuer)

Class A Common Stock

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(Title of Class of Securities)

82811P200

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(CUSIP Number)

July 14, 2016

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(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

[X] 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 (“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).

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CUSIP No. 82811P200 13G Page 2 of 9 Pages

| 1. | NAMES
OF REPORTING PERSONS Tide
Point Capital Management, LP |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)
[ ] (b)
[X] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF | 5. | SOLE
VOTING POWER 0 |
| --- | --- | --- |
| SHARES BENEFICIALLY OWNED
BY | 6. | SHARED
VOTING POWER 2,800,000 |
| EACH REPORTING PERSON
WITH | 7. | SOLE
DISPOSITIVE POWER 0 |
| | 8. | SHARED
DISPOSITIVE POWER 2,800,000 |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,800,000 |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see
instructions) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% |
| 12. | TYPE
OF REPORTING PERSON (see instructions) IA,
PN |

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CUSIP No. 82811P200 13G Page 3 of 9 Pages

| 1. | NAMES
OF REPORTING PERSONS Tide Point Capital Management GP, LLC |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)
[ ] (b)
[X] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF | 5. | SOLE
VOTING POWER 0 |
| --- | --- | --- |
| SHARES BENEFICIALLY OWNED
BY | 6. | SHARED
VOTING POWER 2,800,000 |
| EACH REPORTING PERSON
WITH | 7. | SOLE
DISPOSITIVE POWER 0 |
| | 8. | SHARED
DISPOSITIVE POWER 2,800,000 |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,800,000 |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see
instructions) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% |
| 12. | TYPE
OF REPORTING PERSON (see instructions) OO |

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CUSIP No. 82811P200 13G Page 4 of 9 Pages

| 1. | NAMES
OF REPORTING PERSONS Tide Point Master Fund, Ltd. |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)
[ ] (b)
[X] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Cayman Islands |

| NUMBER
OF | 5. | SOLE
VOTING POWER 0 |
| --- | --- | --- |
| SHARES BENEFICIALLY OWNED
BY | 6. | SHARED
VOTING POWER 2,800,000 |
| EACH REPORTING PERSON
WITH | 7. | SOLE
DISPOSITIVE POWER 0 |
| | 8. | SHARED
DISPOSITIVE POWER 2,800,000 |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,800,000 |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see
instructions) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% |
| 12. | TYPE
OF REPORTING PERSON (see instructions) OO |

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CUSIP No. 82811P200 13G Page 5 of 9 Pages

| 1. | NAMES
OF REPORTING PERSONS Christopher Winham |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)
[ ] (b)
[X] |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION United States of America |

| NUMBER
OF | 5. | SOLE
VOTING POWER 0 |
| --- | --- | --- |
| SHARES BENEFICIALLY OWNED
BY | 6. | SHARED
VOTING POWER 2,800,000 |
| EACH REPORTING PERSON
WITH | 7. | SOLE
DISPOSITIVE POWER 0 |
| | 8. | SHARED
DISPOSITIVE POWER 2,800,000 |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,800,000 |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see
instructions) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% |
| 12. | TYPE
OF REPORTING PERSON (see instructions) IN |

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Item 1.

| (a) | Name
of Issuer |
| --- | --- |
| | Silver
Run Acquisition Corporation (the “Issuer”) |
| (b) | Address
of Issuer’s Principal Executive Offices |
| | 1000
Louisiana Street, Suite 1450, Houston, TX 77002 |

Item 2.

| (a) | Name
of Person Filing |
| --- | --- |
| | This
Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”): i) Tide
Point Capital Management, LP (“TPCM”); ii) Tide
Point Capital Management GP, LLC (“TPGP”); iii) Tide
Point Master Fund, Ltd. (“TPMF”); and iv) Christopher
Winham. This
Statement relates to Shares (as defined herein) held for the account of TPMF. TPCM serves as the investment manager for TPMF.
As such, TPMF has been granted investment discretion over portfolio investments, including the Shares, held for the account of
TPMF. TPGP is the general partner of TPCM. Christopher Winham is the managing member of TPGP. |
| (b) | Address
of the Principal Office or, if none, residence |
| | The
address of the principal office of each Reporting Person is 1700 East Putnam Avenue, Suite 201, Old Greenwich, CT, 06870. |
| (c) | Citizenship |
| | i) TPCM
is a Delaware limited partnership. ii) TPGP
is a Delaware limited liability company. iii) TPMF
is a Cayman Islands exempted company. iv) Christopher
Winham is a United States citizen. |
| (d) | Title
of Class of Securities |
| | Class
A Common Stock, par value $0.0001 per share (the “Shares”) |
| (e) | CUSIP
Number |
| | 82811P200 |

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

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Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

| (a) | Amount
beneficially owned: | |
| --- | --- | --- |
| | | Each
Reporting Person may be deemed to be the beneficial owner of 2,800,000 Shares. Each of the Reporting Persons disclaims beneficial
ownership of the Shares reported herein except to the extent of its or his pecuniary interest therein. |
| (b) | Percent
of class: | |
| | | Each
Reporting Person may be deemed to be the beneficial owner of 5.6% of the total number of Shares outstanding. (Based upon information
provided by the Issuer in its most recent 10-Q filed with the Securities and Exchange Commission on May 4, 2016, there were 50,000,000
Shares outstanding as of April 28, 2016.) |
| (c) | Number
of shares as to which the person has: | |
| | (i) | Sole
power to vote or to direct the vote. |
| | | TPCM:
0 TPGP:
0 TPMF:
0 Christopher
Winham: 0 |
| | (ii) | Shared
power to vote or to direct the vote. |
| | | TPCM:
2,800,000 TPGP:
2,800,000 TPMF:
2,800,000 Christopher
Winham: 2,800,000 |
| | (iii) | Sole
power to dispose or to direct the disposition of. |
| | | TPCM:
0 TPGP:
0 TPMF:
0 Christopher
Winham: 0 |
| | (iv) | Shared
power to dispose or to direct the disposition of. |
| | | TPCM:
2,800,000 TPGP:
2,800,000 TPMF:
2,800,000 Christopher
Winham: 2,800,000 |

Instruction . For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

Instruction . Dissolution of a group requires a response to this item.

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Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

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.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

| Dated:
July 25, 2016 | |
| --- | --- |
| By: | /s/
Christopher Winham |
| | Christopher
Winham, Chief Investment Officer |
| TIDE
POINT CAPITAL MANAGEMENT GP, LLC | |
| By: | /s/
Christopher Winham |
| | Christopher
Winham, Managing Member |
| TIDE
POINT MASTER FUND, LTD. | |
| By: | /s/
Christopher Winham |
| | Christopher
Winham, Director |
| CHRISTOPHER
WINHAM | |
| By: | /s/
Christopher Winham |

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