Gulfport Energy Corporation
24.90%
4,806,491
874499
402635502
Dec 18, 2024
Dec 20, 2024, 08:00 PM
Reporting Persons (3)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Silver Point Capital, L.P. | Investment Adviser | 24.90% | 4,806,491 | 0 | 4,806,491 |
| Edward A. Mule | Individual | 24.90% | 4,806,491 | 0 | 4,806,491 |
| Robert J. O'Shea | Individual | 24.90% | 4,806,491 | 0 | 4,806,491 |
Disclosure Items (4)
Common Stock, par value $0.0001 per share
Gulfport Energy Corporation
713 Market Drive, Oklahoma City, OK, 73114
The responses of the Reporting Persons to rows (7) through (13) of the cover pages of this Schedule 13D are incorporated herein by reference. The Reporting Persons currently beneficially own 4,806,491 shares, consisting of (a) 3,110,562 shares plus (b) 1,695,929 shares issuable upon the exercise of 23,743 shares of Preferred Stock. As reported in the Issuer's Form 10-Q filed with the SEC on November 6, 2024, as of October 28, 2024, there were 17,727,799 shares of Common Stock issued and outstanding, and as of September 30, 2024, there were 43,745 shares of Preferred Stock issued and outstanding (which shares of Preferred Stock vote together on an as-converted basis with the Common Stock as a single class). Additionally, as reported in the Issuer's Form 8-K filed with the SEC on November 26, 2024, the Issuer repurchased 150,000 shares of Common Stock. Percent ownership calculations in this Schedule 13D are calculated by using (a) 17,727,799 shares of Common Stock minus (b) 150,000 shares of Common Stock repurchased by the Issuer plus (c) 1,695,929 shares of Common Stock issuable upon the conversion of the 23,743 shares of Preferred Stock beneficially owned by the Reporting Persons. Assuming conversion of all outstanding shares of the Issuer's Preferred Stock, the Reporting Persons beneficially own approximately 23.2% of the outstanding voting securities of the Issuer (including in the denominator all 3,100,000 shares of common stock issuable upon the conversion of the Preferred Stock outstanding).
The responses of the Reporting Persons to rows (7) through (13) of the cover pages of this Schedule 13D are incorporated herein by reference.
The disclosure in Item 4 herein is incorporated by reference.
Item 7 is hereby supplemented to add the following as exhibits: Exhibit 1 Joint Filing Agreement, dated as of December 20, 2024, by and among the Reporting Persons. Exhibit 2 Cooperation Agreement, dated as of May 17, 2021, by and among Gulfport Energy Corporation and Silver Point Capital, L.P. (incorporated herein by reference to Exhibit 10.3 of the Issuer's Form 8-K filed with the SEC on May 17, 2021). Exhibit 3 Power of Attorney of Edward A. Mule (incorporated herein by reference to Exhibit B to Schedule 13G filed by Silver Point Capital, L.P., Edward A. Mule and Robert O'Shea with the SEC on February 16, 2016 relating to TopBuild Corp.). Exhibit 4 Power of Attorney of Robert O'Shea (incorporated herein by reference to Exhibit C to Schedule 13G filed by Silver Point Capital, L.P., Edward A. Mule and Robert O'Shea with the SEC on February 16, 2016 relating to TopBuild Corp.). Exhibit 5 Registration Rights Agreement dated as of May 17, 2021, by and among the Issuer and the other parties signatory hereto (incorporated herein by reference to Exhibit 10.2 of the Issuer's Form 8-K filed with the SEC on May 17, 2021).