0001104659-17-003796.txt : 20170124 0001104659-17-003796.hdr.sgml : 20170124 20170124161634 ACCESSION NUMBER: 0001104659-17-003796 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170124 DATE AS OF CHANGE: 20170124 GROUP MEMBERS: LPL WILLIAMS GP, LLC GROUP MEMBERS: WILLIAMS CHILDREN'S PARTNERSHIP, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CLAYTON WILLIAMS ENERGY INC /DE CENTRAL INDEX KEY: 0000880115 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752396863 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45053 FILM NUMBER: 17543907 BUSINESS ADDRESS: STREET 1: SIX DESTA DR STREET 2: STE 6500 CITY: MIDLAND STATE: TX ZIP: 79705 BUSINESS PHONE: 4326826324 MAIL ADDRESS: STREET 1: SIX DESTA DRIVE STREET 2: STE 6500 CITY: MIDLAND STATE: TX ZIP: 79705 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RIGGS MEL G CENTRAL INDEX KEY: 0001200312 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 500 W TEXAS STE 705 CITY: MIDLAND STATE: TX ZIP: 79701 SC 13D/A 1 a17-3080_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 


 

 

SCHEDULE 13D

 

[Rule 13d-101]

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2(a)

 

(Amendment No.  3)*

 

CLAYTON WILLIAMS ENERGY, INC.

(Name of Issuer)

 

COMMON STOCK, $0.10 PAR VALUE

(Title of Class of Securities)

 

96949010

(CUSIP Number)

 


 

MEL G. RIGGS, PRESIDENT

CLAYTON WILLIAMS ENERGY, INC.

SIX DESTA DRIVE, SUITE 6500

MIDLAND, TEXAS 79705

(432) 682-6324

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

January 13, 2017

(Date of Event Which Requires Filing of this Statement)


 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.


* 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 disclosures provided in a prior cover page.

The information required on 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).

 



 

CUSIP No.   96949010

 

 

1

Names of Reporting Persons
Mel G. Riggs

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e):     o

 

 

6

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7

Sole Voting Power
15,970

 

8

Shared Voting Power
3,045,038

 

9

Sole Dispositive Power
19,596

 

10

Shared Dispositive Power
3,041,412

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
3,061,008

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13

Percent of Class Represented by Amount in Row (11)
17.8%

 

 

14

Type of Reporting Person
IN

 

2



 

CUSIP No.   96949010

 

 

1

Names of Reporting Persons
LPL/Williams GP, LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e):     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7

Sole Voting Power
0

 

8

Shared Voting Power
3,041,412

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
3,041,412

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
3,041,412

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13

Percent of Class Represented by Amount in Row (11)
17.7%

 

 

14

Type of Reporting Person
OO

 

3



 

CUSIP No.   96949010

 

 

1

Names of Reporting Persons
The Williams Children’s Partnership, Ltd.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 x

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e):     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7

Sole Voting Power
0

 

8

Shared Voting Power
3,041,412

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
3,041,412

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
3,041,412

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13

Percent of Class Represented by Amount in Row (11)
17.7%

 

 

14

Type of Reporting Person
PN

 

4



 

INTRODUCTION

 

The following is an amendment (this “Amendment”) to that certain Schedule 13D filed on December 20, 2007 (as amended by Amendment No. 1 filed on December 20, 2010 and Amendment No. 2 filed on August 30, 2016, the “Original 13D”) by certain of the reporting persons filing this Amendment.

 

Item 1.      Security and Issuer

 

This Schedule 13D relates to the common stock, $0.10 par value per share (the “CWEI Common Shares”) of Clayton Williams Energy, Inc., a Delaware corporation (the “Issuer” or “CWEI”). The address of the principal executive offices of the Issuer is 6 Desta Drive, Suite 6500, Midland, Texas 79705-5510.  Only those items of Schedule 13D, or portions thereof, being amended are included in this Amendment.  Except as expressly amended and modified by this Amendment, the Original 13D remains unchanged and in full force and effect.

 

Item 4.   Purpose of Transaction

 

Item 4 of the Original 13D is hereby amended to add the following:

 

The information set forth under “Non-Dissent Agreement” in Item 6 below is incorporated by reference in its entirety into this Item 4.

 

Item 6.      Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Item 6 of the Original 13D is hereby amended to add the following:

 

Non-Dissent Agreement

 

On January 13, 2017, Noble Energy, Inc. (“Noble Energy”), Wild West Merger Sub, Inc., a Delaware corporation and indirect wholly owned subsidiary of Noble Energy (“Merger Sub”), NBL Permian LLC, a Delaware limited liability company and indirect wholly owned subsidiary of Noble Energy (“Merger Sub II”), and the Issuer, entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Noble Energy will acquire the Issuer in exchange for a combination of shares of common stock, par value $0.01 per share, of Noble Energy and cash.  Upon the terms and subject to the conditions of the Merger Agreement, (i) Merger Sub will merge with and into the Issuer (the “Merger”), with the Issuer continuing as the surviving corporation in the Merger and an indirect wholly owned subsidiary of Noble Energy, and (ii) thereafter, the Issuer will merge with and into Merger Sub II, with Merger Sub II continuing as the surviving company and an indirect wholly owned subsidiary of Noble Energy.

 

5



 

Contemporaneously with the execution of the Merger Agreement, Noble Energy and the Issuer (solely for certain specified purposes) entered into an Agreement Not to Dissent (the “Trust Non-Dissent Agreement”) with The Williams Children’s Partnership Ltd., pursuant to which The Williams Children’s Partnership Ltd. agreed, among other things, not to exercise or assert any appraisal rights under Section 262 of the DGCL in connection with the Merger.  The Williams Children’s Partnership Ltd. also has agreed, among other things, during the period from January 13, 2017 to and including the date of termination of the Merger Agreement, if any (the “Applicable Period”), (a) not to transfer any CWEI Common Shares held by the reporting persons as of January 13, 2017, and (b) to vote all of such CWEI Common Shares against any alternative proposals and against any amendment of the Issuer’s certificate of incorporation or by-laws or other proposal or transaction involving the Issuer or any of its subsidiaries, which amendment or other proposal or transaction would in any manner delay, impede, frustrate, prevent or nullify the Merger, the Merger Agreement or any of the transactions contemplated by the Merger Agreement or change in any manner the voting rights of any outstanding class of capital stock of the Issuer.  If the Merger Agreement is terminated by Noble Energy in certain circumstances, including if the Issuer stockholders do not adopt the Merger Agreement, then the term of the Applicable Period under the Trust Non-Dissent Agreement will be extended for an additional 180 days following the termination of the Merger Agreement.

 

The foregoing description of the Trust Non-Dissent Agreement is qualified in its entirety by reference to such agreement, a copy of which is filed as Exhibit 1 hereto, and incorporated herein by reference.

 

Item 7.      Material to be Filed as Exhibits

 

Item 7 of the Original 13D is hereby amended to add the following:

 

Exhibit 1

 

Agreement Not to Dissent, dated as of January 13, 2017 (incorporated by reference to Exhibit 10.3 to the current report on Form 8-K of the Issuer filed on January 17, 2017).

 

6



Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: January 24, 2017

 

 

 

 

 

 

/s/ Mel G. Riggs

 

 Mel G. Riggs

 

 

Date: January 24, 2017

LPL/Williams GP, LLC

 

By:

/s/ Mel G. Riggs

 

 

Mel G. Riggs, Sole Member

 

 

 

Date: January 24, 2017

The Williams Children’s Partnership, Ltd

 

By: LPL/Williams GP, LLC
General Partner

 

 

 

By:

/s/ Mel G. Riggs

 

 

Mel G. Riggs, Sole Member

 

7