3 1 form3-44737.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 ________________________________________________________________________________ 1. Name and Address of Reporting Person* Wexford Capital LLC -------------------------------------------------------------------------------- (Last) (First) (Middle) 411 West Putnam Avenue -------------------------------------------------------------------------------- (Street) Greenwich Connecticut 06830 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) 4/15/2002 ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Seabulk International Inc. / SBLK ________________________________________________________________________________ 5. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [_] Form Filed by One Reporting Person [X] Form Filed by More than One Reporting Person ================================================================================ Table I -- Non-Derivative Securities Beneficially Owned ================================================================================
3. Ownership Form: 2. Amount of Securities Direct (D) or 1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership (Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 179,935 I By: Wexford Spectrum Investors LLC ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 180,000 I By: Valentis Investors, LLC ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 180,000 I By: Solitair Corp. ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 1,618,166 I By: Taurus Investors LLC ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.(Over) * If the form is filed by more than one reporting person, see Instruction 5(b)(v). FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
5. Owner- 3. Title and Amount of Securities ship Underlying Derivative Security Form of 2. Date Exercisable (Instr. 4) Derivative and Expiration Date --------------------------------- 4. Conver- Security: (Month/Day/Year) Amount sion or Direct 6. Nature of ---------------------- or Exercise (D) or Indirect Date Expira- Number Price of Indirect Beneficial 1. Title of Derivative Exer- tion of Derivative (I) Ownership Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) Wexford Capital LLC ("Wexford Capital") is an investment advisor for the following entities: (i) Wexford Spectrum Investors LLC, (ii) Valentis Investors, LLC, (iii) Solitair Corp., and (iv) Taurus Investors LLC (the "Stockholders"). In addition, three of the four directors of Solitair Corp. are members of Wexford Capital. The Stockholders each owns the shares of common stock set forth opposite their names on Table 1 on the previous page. Wexford Capital, by reason of its status as investment advisor to the Stockholders and its control over the Board of Directors of Solitair Corp., may be deemed to own beneficially all of the common stock of which the Stockholders possess beneficial ownership. The reporting person disclaims beneficial ownership of the securities reported hereby, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Rule 16(a)-3(a) promulgated under the Securities Act of 1934 or for any other purpose. /s/ Arthur H. Amron April 22, 2002 ------------------------------------------------------------------------- **Signature of Reporting Person Date Principal and Secretary *If the form is filed by more than one reporting person. See Instruction 5(b)(v). **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, See Instruction 6 for procedure. Page 2 ATTACHMENT TO FORM 3: Name of Designated Filer: WEXFORD CAPITAL LLC Name of Joint Filers: Charles E. Davidson(2) Joseph M. Jacobs(2) Address of Joint Filers: c/o Wexford Capital LLC 411 West Putnam Avenue Greenwich, CT 06830 Date of Event Requiring Filing: April 15, 2002 Issuer Name and Ticker or Trading: Seabulk International Inc. / SBLK /s/ Charles E. Davidson April 22, 2002 ----------------------- ---------------- Charles E. Davidson Date /s/ Joseph M. Jacobs April 22, 2002 -------------------- ---------------- Joseph M. Jacobs Date ** Signature of Reporting Person (2) Mr. Davidson is the chairman and managing member of Wexford Capital and Mr. Jacobs is the President and managing member of Wexford Capital. Each of Mssrs. Davidson and Jacobs disclaims beneficial ownership of the securities owned by Wexford Capital for purpose of Rule 16(a)-3(a) promulgated under the Securities Act of 1934 or for any other purpose.