RANGE RESOURCES CORP — Major Shareholding Notification 2019

Jul 2, 2019

SC 13G 1 p19-1509sc13g.htm RANGE RESOURCES CORPORATION

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Range Resources
Corporation
(Name of Issuer)
Common Stock,
par value $0.01 per share
(Title of Class of Securities)
75281A109
(CUSIP Number)
July 2, 2019
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:
ý	Rule 13d-1(b)
¨	Rule 13d-1(c)
¨	Rule 13d-1(d)
(Page 1 of 10 Pages)

---

*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 the disclosures provided in a prior cover page.

The information required in 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. 75281A109 SCHEDULE 13G Page 2 of 10 Pages

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1	NAMES OF REPORTING PERSONS SailingStone Capital Partners LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 40,427,102
	6	SHARED VOTING POWER 0
	7	SOLE DISPOSITIVE POWER 40,427,102
	8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,427,102
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.10%
12	TYPE OF REPORTING PERSON IA

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CUSIP No. 75281A109 SCHEDULE 13G Page 3 of 10 Pages

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1	NAMES OF REPORTING PERSONS SailingStone Holdings LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0
	6	SHARED VOTING POWER 40,427,102
	7	SOLE DISPOSITIVE POWER 0
	8	SHARED DISPOSITIVE POWER 40,427,102
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,427,102
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.10%
12	TYPE OF REPORTING PERSON HC

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CUSIP No. 75281A109 SCHEDULE 13G Page 4 of 10 Pages

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1	NAMES OF REPORTING PERSONS MacKenzie B. Davis
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0
	6	SHARED VOTING POWER 40,427,102
	7	SOLE DISPOSITIVE POWER 0
	8	SHARED DISPOSITIVE POWER 40,427,102
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,427,102
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.10%
12	TYPE OF REPORTING PERSON HC; IN

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CUSIP No. 75281A109 SCHEDULE 13G Page 5 of 10 Pages

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1	NAMES OF REPORTING PERSONS Kenneth L. Settles Jr.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0
	6	SHARED VOTING POWER 40,427,102
	7	SOLE DISPOSITIVE POWER 0
	8	SHARED DISPOSITIVE POWER 40,427,102
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,427,102
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.10%
12	TYPE OF REPORTING PERSON HC; IN

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CUSIP No. 75281A109 SCHEDULE 13G Page 6 of 10 Pages

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Item 1(a).
The name of the issuer is Range Resources Corporation. (the " Issuer ").

Item 1 (b).
The Issuer's principal executive offices are located at 100 Throckmorton Street, Suite 1200, Fort Worth, Texas 76102.

Item 2(a).	NAME OF PERSON FILING:
Item 2(b).	ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Item 2(c).	CITIZENSHIP:
	This statement is filed by:

(i)	SailingStone Capital Partners LLC One California Street, 30th Floor San Francisco, CA 94111 Citizenship: Delaware
(ii)	SailingStone Holdings LLC One California Street, 30th Floor San Francisco, CA 94111 Citizenship: Delaware
(iii)	MacKenzie B. Davis One California Street, 30th Floor San Francisco, CA 94111 Citizenship: United States
(iv)	Kenneth L. Settles Jr. One California Street, 30th Floor San Francisco, CA 94111 Citizenship: United States

The foregoing persons are hereinafter sometimes collectively referred to as the " Reporting Persons ."

Item 2 (d).
Common Stock, par value $0.01 per share (the " Common Stock ").

Item 2 (e).
75281A109

Item 3. — (a)	¨	Broker or dealer registered under Section 15 of the Act,
(b)	¨	Bank as defined in Section 3(a)(6) of the Act,

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CUSIP No. 75281A109 SCHEDULE 13G Page 7 of 10 Pages

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(c)	¨	Insurance Company as defined in Section 3(a)(19) of the Act,
(d)	¨	Investment Company registered under Section 8 of the Investment Company Act of 1940,
(e)	ý	An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)	¨	Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F),
(g)	x	Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G),
(h)	¨	Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
(i)	¨	A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
(j)	¨	A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k)	¨	Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:______

| Item 4. |
| --- |
| The information required by Items 4(a) - (c) is set forth in Rows
5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentage set forth in Row (11) of the cover page for each
of the Reporting Persons is based upon 251,148,010 shares of Common Stock reported to be outstanding as of April 19, 2019, as reported
in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2019, filed by the Issuer with the
SEC on April 22, 2019. |

Item 5.
Not applicable.

Item 6.
Not applicable.

Item 7.
Not applicable.

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CUSIP No. 75281A109 SCHEDULE 13G Page 8 of 10 Pages

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Item 8.
Not applicable.

Item 9.
Not applicable.

Item 10.
Each of the Reporting Persons hereby makes the following certification:
By signing below the Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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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CUSIP No. 75281A109 SCHEDULE 13G Page 9 of 10 Pages

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SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

DATED: July 2, 2019

SailingStone Capital Partners LLC
By:	/s/ Kathlyne Kiaie
Name:	Kathlyne Kiaie
Title:	Chief Compliance Officer
SailingStone Holdings LLC
By:	/s/ MacKenzie B. Davis
Name:	MacKenzie B. Davis
Title:	Managing Member
MacKenzie B. Davis
By:	/s/ MacKenzie B. Davis
Name:	MacKenzie B. Davis
Kenneth L. Settles Jr.
By:	/s/ Kenneth L. Settles Jr.
Name:	Kenneth L. Settles Jr.

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CUSIP No. 75281A109 SCHEDULE 13G Page 10 of 10 Pages

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EXHIBIT 1

JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k)

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

DATED: July 2, 2019

SailingStone Capital Partners LLC
By:	/s/ Kathlyne Kiaie
Name:	Kathlyne Kiaie
Title:	Chief Compliance Officer
SailingStone Holdings LLC
By:	/s/ MacKenzie B. Davis
Name:	MacKenzie B. Davis
Title:	Managing Member
MacKenzie B. Davis
By:	/s/ MacKenzie B. Davis
Name:	MacKenzie B. Davis
Kenneth L. Settles Jr.
By:	/s/ Kenneth L. Settles Jr.
Name:	Kenneth L. Settles Jr.