DryShips Inc.
|
(Name of Issuer)
|
Common Stock, par value $0.01 per share
|
(Title of Class of Securities)
|
Y2109Q309 (Common Shares)
|
(CUSIP Number)
|
William S. Haft
Orrick, Herrington & Sutcliffe LLP
51 West 52nd Street
New York, NY 10019-6142
+1-212-506-3740
|
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
|
November 18, 2016
|
(Date of Event Which Requires Filing of this Statement)
|
CUSIP No.
|
Y2109Q309
|
1.
|
NAME OF REPORTING PERSONS
|
||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|||
George Economou
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
(b)
|
[_]
|
||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Greece
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7.
|
SOLE VOTING POWER
|
||
0
|
|||
8.
|
SHARED VOTING POWER
|
||
78,708 Common Shares (1)(2)
|
|||
9.
|
SOLE DISPOSITIVE POWER
|
||
0 Common Shares
|
|||
10.
|
SHARED DISPOSITIVE POWER
|
||
78,708 Common Shares (1)(2)
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
78,708 Common Shares (1)(2)
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
4.2% (3)
|
|||
14.
|
TYPE OF REPORTING PERSON
|
||
IN
|
|||
CUSIP No.
|
Y2109Q309
|
1.
|
NAME OF REPORTING PERSONS
|
||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|||
Sifnos Shareholders Inc.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
(b)
|
[_]
|
||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Republic of the Marshall Islands
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7.
|
SOLE VOTING POWER
|
||
0 Common Shares
|
|||
8.
|
SHARED VOTING POWER
|
||
0 Common Shares(4)
|
|||
9.
|
SOLE DISPOSITIVE POWER
|
||
0 Common Shares
|
|||
10.
|
SHARED DISPOSITIVE POWER
|
||
0 Common Shares(4)
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0 Common Shares (4)
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON
|
||
CO
|
|||
CUSIP No.
|
Y2109Q309
|
1.
|
NAME OF REPORTING PERSONS
|
||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|||
Elios Investments Inc.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
(b)
|
[_]
|
||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Republic of the Marshall Islands
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7.
|
SOLE VOTING POWER
|
||
0 Common Shares
|
|||
8.
|
SHARED VOTING POWER
|
||
7,296 Common Shares
|
|||
9.
|
SOLE DISPOSITIVE POWER
|
||
0 Common Shares
|
|||
10.
|
SHARED DISPOSITIVE POWER
|
||
7,296 Common Shares
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
7,296 Common Shares
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0.4% (5)
|
|||
14.
|
TYPE OF REPORTING PERSON
|
||
CO
|
|||
CUSIP No.
|
Y2109Q309
|
1.
|
NAME OF REPORTING PERSONS
|
||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|||
Fabiana Services S.A.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
(b)
|
[_]
|
||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Republic of the Marshall Islands
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7.
|
SOLE VOTING POWER
|
||
0 Common Shares
|
|||
8.
|
SHARED VOTING POWER
|
||
12,533 Common Shares
|
|||
9.
|
SOLE DISPOSITIVE POWER
|
||
0 Common Shares
|
|||
10.
|
SHARED DISPOSITIVE POWER
|
||
12,533 Common Shares
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
12,533 Common Shares
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0.7% (6)
|
|||
14.
|
TYPE OF REPORTING PERSON
|
||
CO
|
CUSIP No.
|
Y2109Q309
|
1.
|
NAME OF REPORTING PERSONS
|
||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|||
Sphinx Investment Corp.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
(b)
|
[_]
|
||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Republic of the Marshall Islands
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7.
|
SOLE VOTING POWER
|
||
0 Common Shares
|
|||
8.
|
SHARED VOTING POWER
|
||
38,736 Common Shares
|
|||
9.
|
SOLE DISPOSITIVE POWER
|
||
0 Common Shares
|
|||
10.
|
SHARED DISPOSITIVE POWER
|
||
38,736 Common Shares
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
38,736 Common Shares
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
2.1% (7)
|
|||
14.
|
TYPE OF REPORTING PERSON
|
||
CO
|
CUSIP No.
|
Y2109Q309
|
1.
|
NAME OF REPORTING PERSONS
|
||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|||
Goodwill Shipping Company Limited
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
(b)
|
[_]
|
||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Republic of the Malta
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
7.
|
SOLE VOTING POWER
|
||
0 Common Shares
|
|||
8.
|
SHARED VOTING POWER
|
||
169 Common Shares
|
|||
9.
|
SOLE DISPOSITIVE POWER
|
||
0 Common Shares
|
|||
10.
|
SHARED DISPOSITIVE POWER
|
||
169 Common Shares
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
169 Common Shares
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0.0% (8)
|
|||
14.
|
TYPE OF REPORTING PERSON
|
||
CO
|
CUSIP No.
|
Y2109Q309
|
|||||
1.
|
NAME OF REPORTING PERSONS
|
|||||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||||
Entrepreneurial Spirit Holdings Inc.
|
||||||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
[X]
|
|||
(b)
|
[_]
|
|||||
3.
|
SEC USE ONLY
|
|||||
4.
|
SOURCE OF FUNDS
|
|||||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
||||
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||||
Republic of Liberia
|
||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||||||
7.
|
SOLE VOTING POWER
|
|||||
0 Common Shares
|
||||||
8.
|
SHARED VOTING POWER
|
|||||
19,974 Common Shares
|
||||||
9.
|
SOLE DISPOSITIVE POWER
|
|||||
0 Common Shares
|
||||||
10.
|
SHARED DISPOSITIVE POWER
|
|||||
19,974 Common Shares
|
||||||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||
19,974 Common Shares
|
||||||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[_]
|
||||
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|||||
1.1% (9)
|
||||||
14.
|
TYPE OF REPORTING PERSON
|
|||||
CO
|
CUSIP No.
|
Y2109Q309
|
Item 1. |
Security and Issuer.
|
Item 2. |
Identity and Background.
|
Item 3. |
Source and Amount of Funds or Other Consideration.
|
Item 4. |
Purpose of Transaction.
|
Item 5. |
Interest in Securities of the Issuer.
|
Item 6. |
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
|
Item 7. |
Material to be Filed as Exhibits.
|
Exhibit A:
|
Agreement between the Reporting Persons to file jointly.
|
/s/ George Economou
|
||
George Economou*
|
||
ELIOS INVESTMENTS INC.
|
||
BY:
|
/s/ Dr. Renato Cefai
|
|
Name:
|
Dr. Renato Cefai
|
|
Title:
|
Sole Director
|
|
FABIANA SERVICES S.A.
|
||
BY:
|
/s/ Andri Papadopoulou
|
|
Name:
|
Andri Papadopoulou
|
|
Title:
|
Sole Director
|
|
GOODWILL SHIPPING COMPANY LIMITED
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
|
SPHINX INVESTMENT CORP.
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
|
ENTREPRENEURIAL SPIRIT HOLDINGS INC.
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
|
SIFNOS SHAREHOLDERS INC.
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
*
|
The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
|
/s/ George Economou
|
|
George Economou
|
ELIOS INVESTMENTS INC.
|
||
BY:
|
/s/ Dr. Renato Cefai
|
|
Name:
|
Dr. Renato Cefai
|
|
Title:
|
Sole Director
|
FABIANA SERVICES S.A.
|
||
BY:
|
/s/ Andri Papadopoulou
|
|
Name:
|
Andri Papadopoulou
|
|
Title:
|
Sole Director
|
GOODWILL SHIPPING
COMPANY LIMITED |
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
SPHINX INVESTMENT CORP.
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
ENTREPRENEURIAL SPIRIT HOLDINGS INC.
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|
SIFNOS SHAREHOLDERS INC.
|
||
BY:
|
MARE SERVICES LIMITED
|
|
BY:
|
/s/ Dr. Adriano Cefai
|
|
Name:
|
Dr. Adriano Cefai
|
|
Title:
|
Director of Mare Services Limited
|