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