0001209191-15-071262.txt : 20150917
0001209191-15-071262.hdr.sgml : 20150917
20150917190731
ACCESSION NUMBER: 0001209191-15-071262
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150915
FILED AS OF DATE: 20150917
DATE AS OF CHANGE: 20150917
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HARVEST NATURAL RESOURCES, INC.
CENTRAL INDEX KEY: 0000845289
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 770196707
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1177 ENCLAVE PARKWAY
STREET 2: STE 300
CITY: HOUSTON
STATE: TX
ZIP: 77077
BUSINESS PHONE: 281-899-5700
MAIL ADDRESS:
STREET 1: 1177 ENCLAVE PARKWAY
STREET 2: STE 300
CITY: HOUSTON
STATE: TX
ZIP: 77077
FORMER COMPANY:
FORMER CONFORMED NAME: HARVEST NATURAL RESOURCES INC
DATE OF NAME CHANGE: 20020805
FORMER COMPANY:
FORMER CONFORMED NAME: BENTON OIL & GAS CO
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CT Energy Holding SRL
CENTRAL INDEX KEY: 0001646549
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10762
FILM NUMBER: 151113706
BUSINESS ADDRESS:
STREET 1: CALLE LONDRES
STREET 2: TORRE DAYCO, PH
CITY: CARACAS
STATE: X5
ZIP: LAS MERCED
BUSINESS PHONE: 58-212-999-9190
MAIL ADDRESS:
STREET 1: CALLE LONDRES
STREET 2: TORRE DAYCO, PH
CITY: CARACAS
STATE: X5
ZIP: LAS MERCED
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-09-15
0
0000845289
HARVEST NATURAL RESOURCES, INC.
HNR
0001646549
CT Energy Holding SRL
1177 ENCLAVE PARKWAY
SUITE 300
HOUSTON
TX
77077
0
0
1
0
Series C Preferred Stock
2015-09-15
4
J
0
69.75
1.00
D
0
D
Common Stock
2015-09-15
4
C
0
8667597
0.82
A
8667597
D
9% Convertible Note due 2020
0.82
2015-09-15
4
C
0
7107429.00
0.82
D
2015-06-19
2020-06-19
Common Stock
8667597
0
D
Warrant
1.25
Common Stock
34070820
34070820
D
On September 15, 2015, CT Energy Holding SRL ("CT Energy") elected to fully convert the aggregate principal and unpaid interest of a 9.0% convertible senior secured note of the Issuer due 2020 (the "Convertible Note"). The Convertible Note was converted into 8,667,597 shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), at a conversion price of $0.82 per share. In connection with the conversion of the Convertible Note, the Issuer redeemed 69.75 shares of the Issuer's Series C Preferred Stock at a redemption price of $1.00 per share. The Series C Preferred Stock had provided CT Energy with voting rights equivalent to the Common Stock underlying the unconverted portion of the Convertible Note.
The warrant (the "Warrant") is exercisable for 34,070,820 shares of the Issuer's common stock at an initial exercise price of $1.25 per share, which is subject to anti-dilution adjustments. The Warrant expires on June 19, 2018 (unless exercised sooner) and may not be exercised until the volume weighted average price of the Issuer's Common Stock as reported on the New York Stock Exchange equals or exceeds $2.50 per share over any 30-day period.
Keith L. Head, Attorney-in-Fact
2015-09-17