SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
SCHEDULE 13D/A | |
Under the Securities Exchange Act of 1934 | |
(Amendment No. 6)* | |
SilverBow Resources, Inc. | |
(Name of Issuer) | |
Common Stock, par value $0.01 per share | |
(Title of Class of Securities) | |
82836G102 | |
(CUSIP Number) | |
Benjamin Dell | |
Kimmeridge Energy Management Company, LLC | |
15 Little West 12th Street, 4th Floor | |
New York, NY 10014 | |
Eleazer Klein, Esq. | |
Adriana Schwartz, Esq. | |
Schulte Roth & Zabel LLP | |
919 Third Avenue | |
New York, NY 10022 | |
(212) 756-2000 | |
(Name, Address and Telephone Number of Person | |
Authorized to Receive Notices and Communications) | |
June 18, 2024 | |
(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. [X]
(Page 1 of 4 Pages)
______________________________
* 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. 82836G102 | SCHEDULE 13D/A | Page 2 of 4 Pages |
1 |
NAME OF REPORTING PERSON Kimmeridge Energy Management Company, LLC | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) ¨ | ||
3 | SEC USE ONLY | |||
4 |
SOURCE OF FUNDS AF (See Item 3) | |||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ¨ | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 |
SOLE VOTING POWER 200 | ||
8 |
SHARED VOTING POWER 0 | |||
9 |
SOLE DISPOSITIVE POWER 200 | |||
10 |
SHARED DISPOSITIVE POWER 0 | |||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200 | |||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ¨ | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) < 0.1% | |||
14 |
TYPE OF REPORTING PERSON OO, IA | |||
CUSIP No. 82836G102 | SCHEDULE 13D/A | Page 3 of 4 Pages |
This Amendment No. 6 (“Amendment No. 6”) amends and supplements the statement on Schedule 13D filed by the Reporting Person on September 23, 2022 (the “Original Schedule 13D”), as amended by Amendment No. 1 to the Original Schedule 13D filed by the Reporting Person on February 21, 2024 (“Amendment No. 1”), Amendment No. 2 to the Original Schedule 13D filed by the Reporting Person on March 13, 2024 (“Amendment No. 2”), Amendment No. 3 to the Original Schedule 13D filed by the Reporting Person on April 9, 2024 (“Amendment No. 3”), Amendment No. 4 to the Original Schedule 13D filed by the Reporting Person on April 16, 2024 (“Amendment No. 4”) and Amendment No. 5 to the Original Schedule 13D filed by the Reporting Person on May 22, 2024 (“Amendment No. 5”, and together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3 and this Amendment No. 6, the “Schedule 13D”) as specifically set forth herein. Capitalized terms used herein and not otherwise defined in this Amendment No. 6 have the meanings set forth in the Schedule 13D.
Item 5. | INTEREST IN SECURITIES OF THE ISSUER |
Items 5(a)-(c) and (e) of the Schedule 13D is hereby amended and restated as follows: | |
(a) | See rows (11) and (13) of the cover page to this Schedule 13D for the aggregate number of shares of Common Stock and percentages of the shares of Common Stock beneficially owned by the Reporting Person. The percentages used in this Schedule 13D are calculated based upon 25,538,487 shares of Common Stock outstanding as of April 26, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, filed with the SEC on May 2, 2024. |
(b) | See rows (7) through (10) of the cover page to this Schedule 13D for the number of shares of Common Stock as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. |
(c) | On June 18, 2024, the Kimmeridge Accounts sold 2,100,000 shares of Common Stock in a block trade to Barclays Capital LLC at a price of $37.00 per share of Common Stock. In addition, on June 21, 2024, the Kimmeridge Accounts sold 1,181,156 shares of Common Stock in a block trade to Barclays Capital LLC at a price of $37.00 per share of Common Stock. |
(e) | June 18, 2024. |
CUSIP No. 82836G102 | SCHEDULE 13D/A | Page 4 of 4 Pages |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: June 21, 2024
KIMMERIDGE ENERGY MANAGEMENT COMPANY, LLC | ||
By: | /s/ Tamar Goldstein | |
Name: | Tamar Goldstein | |
Title: | General Counsel |