0000899243-17-010650.txt : 20170420 0000899243-17-010650.hdr.sgml : 20170420 20170420173242 ACCESSION NUMBER: 0000899243-17-010650 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170420 FILED AS OF DATE: 20170420 DATE AS OF CHANGE: 20170420 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Seventy Seven Energy Inc. CENTRAL INDEX KEY: 0001532930 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 453338422 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 777 N.W. 63RD STREET CITY: OKLAHOMA CITY STATE: OK ZIP: 73116 BUSINESS PHONE: 405-608-7777 MAIL ADDRESS: STREET 1: 777 N.W. 63RD STREET CITY: OKLAHOMA CITY STATE: OK ZIP: 73116 FORMER COMPANY: FORMER CONFORMED NAME: Seventy Seven Energy Inc DATE OF NAME CHANGE: 20140630 FORMER COMPANY: FORMER CONFORMED NAME: CHESAPEAKE OILFIELD OPERATING LLC DATE OF NAME CHANGE: 20111018 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DiPaolo Edward John CENTRAL INDEX KEY: 0001296118 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36354 FILM NUMBER: 17773731 MAIL ADDRESS: STREET 1: 9422 WINDRUSH DRIVE CITY: SPRING STATE: TX ZIP: 77379 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-04-20 1 0001532930 Seventy Seven Energy Inc. NONE 0001296118 DiPaolo Edward John 777 N.W. 63RD STREET OKLAHOMA CITY OK 73116 1 0 0 0 Common Stock 2017-04-20 4 D 0 12998 D 0 D Pursuant to the Agreement, immediately prior to the Merger, 12,998 restricted stock units vested and were each converted into the right to receive, less applicable tax withholdings, the Merger Consideration. This Form 4 reports securities disposed pursuant to the terms of an Agreement and Plan of Merger (the "Agreement"), dated as of December 12, 2016, a copy of which is filed as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on December 13, 2016, and by which the Issuer became a wholly owned subsidiary (the "Merger") of Patterson-UTI Energy, Inc. ("Patterson-UTI") on April 20, 2017 (the "effective time"). At the effective time, each issued and outstanding share of the common stock of the Issuer was converted into the right to receive 1.7851 Patterson-UTI common shares, with cash paid in lieu of fractional shares, in accordance with the Merger Agreement (the "Merger Consideration"). On the day prior to the closing of the Merger, each share of Patterson-UTI received in the Merger had a value of $22.69 based on the closing price of Patterson-UTI common stock on the NASDAQ on such date. /s/ David Treadwell Attorney-in-Fact 2017-04-20