SC 13G: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on February 12, 2018
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed
Pursuant to § 240.13d-2
Under the Securities Exchange Act of 1934
(Amendment No. )*
ProPetro Holding Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
74347M108
(CUSIP Number)
December 31, 2017
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
o |
Rule 13d-1(c) |
x |
Rule 13d-1(d) |
*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 the disclosures provided in a prior cover page.
The information required in 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. 74347M108 |
Schedule 13G |
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Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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2 |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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2 |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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2 |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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2 |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
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1 |
Names of Reporting Persons | |||||
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2 |
Check the Appropriate Box if a Member of a Group | |||||
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(a) |
o | ||||
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(b) |
o | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person | |||||
CUSIP No. 74347M108 |
Schedule 13G |
Item 1. | ||
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(a) |
Name of Issuer: |
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(b) |
Address of Issuers Principal Executive Offices: Midland, Texas 79701 |
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Item 2. | ||
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(a) |
Name of Person Filing:
Energy Capital Partners II, LP (ECP II) Energy Capital Partners II-A, LP (ECP II-A) Energy Capital Partners II-B, LP (ECP II-B) Energy Capital Partners II-C (Direct LP), LP (ECP II-C) Energy Capital Partners II-D, LP (ECP II-D) Energy Capital Partners II (Midland Co-Invest), LP (ECP Co-Invest) Energy Capital Partners GP II, LP (ECP GP) Energy Capital Partners GP II Co-Investment (Midland), LLC (ECP Co-Invest GP) Energy Capital Partners II, LLC (Energy Capital Partners) |
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(b) |
Address or Principal Business Office: |
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(c) |
Citizenship of each Reporting Person is: |
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(d) |
Title of Class of Securities: |
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(e) |
CUSIP Number: |
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Item 3. |
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Not applicable. |
CUSIP No. 74347M108 |
Schedule 13G |
Item 4. |
Ownership. |
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(a)-(c)
The ownership information presented below represents beneficial ownership of shares Common Stock of the Issuer as of December 31, 2017, based upon 83,039,854 shares of Common Stock outstanding as of November 6, 2017. |
Reporting Person |
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Amount |
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Percent |
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Sole |
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Shared |
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Sole |
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Shared |
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Energy Capital Partners II, LP |
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310,422 |
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0.4 |
% |
0 |
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310,422 |
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0 |
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310,422 |
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Energy Capital Partners II-A, LP |
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10,111,599 |
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12.2 |
% |
0 |
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10,111,599 |
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0 |
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10,111,599 |
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Energy Capital Partners II-B, LP |
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2,117,308 |
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2.5 |
% |
0 |
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2,117,308 |
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0 |
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2,117,308 |
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Energy Capital Partners II-C (Direct LP), LP |
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3,719,251 |
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4.5 |
% |
0 |
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3,719,251 |
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0 |
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3,719,251 |
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Energy Capital Partners II-D, LP |
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2,492,098 |
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3.0 |
% |
0 |
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2,492,098 |
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0 |
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2,492,098 |
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Energy Capital Partners II (Midland Co-Invest), LP |
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1,977,250 |
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2.4 |
% |
0 |
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1,977,250 |
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0 |
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1,977,250 |
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Energy Capital Partners GP II, LP |
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18,750,678 |
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22.6 |
% |
0 |
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18,750,678 |
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0 |
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18,750,678 |
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Energy Capital Partners GP II Co-Investment (Midland), LLC |
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1,977,250 |
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2.4 |
% |
0 |
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1,977,250 |
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0 |
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1,977,250 |
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Energy Capital Partners II, LLC |
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20,727,928 |
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25.0 |
% |
0 |
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20,727,928 |
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0 |
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20,727,928 |
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ECP II is the record holder of 310,422 shares of Common stock. ECP II-A is the record holder of 10,111,599 shares of Common Stock. ECP II-B is the record holder of 2,117,308 shares of Common Stock. ECP II-C is the record holder of 3,719,251 shares of Common Stock. ECP II-D is the record holder of 2,492,098 shares of Common Stock. ECP Co-Invest is the record holder of 1,977,250 shares of Common Stock.
Each of ECP II, ECP II-A, ECP II-B, ECP II-C and ECP II-D is managed by its general partner, ECP GP, which is managed by its general partner, Energy Capital Partners. ECP Co-Invest is managed by its general partner, ECP Co-Invest GP. ECP Co-Invest GP is managed by its sole member, Energy Capital Partners.
As a result, each of ECP GP and Energy Capital Partners may be deemed to share beneficial ownership of the shares held by ECP II, ECP II-A, ECP II-B, ECP II-C and ECP II-D, and each of ECP Co-Invest GP and Energy Capital Partners may be deemed to share beneficial ownership of the shares held by ECP Co-Invest. |
Item 5. |
Ownership of Five Percent or Less of a Class. |
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Not applicable. |
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person. |
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Not applicable. |
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
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Not applicable. |
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Item 8. |
Identification and Classification of Members of the Group. |
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Not applicable. |
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Item 9. |
Notice of Dissolution of Group. |
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Not applicable. |
CUSIP No. 74347M108 |
Schedule 13G |
Item 10. |
Certification. |
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Not applicable. |
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: February 12, 2018 |
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ENERGY CAPITAL PARTNERS II, LP | |||
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By: Energy Capital Partners GP II, LP, its general partner | |||
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By: Energy Capital Partners II, LLC, its general partner | |||
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By: |
/s/ Christopher M. Leininger | ||
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Name: |
Christopher M. Leininger | ||
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Title: |
Managing Director and Deputy General Counsel | ||
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ENERGY CAPITAL PARTNERS II-A, LP | |||
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By: Energy Capital Partners GP II, LP, its general partner | |||
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By: Energy Capital Partners II, LLC, its general partner | |||
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By: |
/s/ Christopher M. Leininger | ||
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Name: |
Christopher M. Leininger | ||
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Title: |
Managing Director and Deputy General Counsel | ||
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ENERGY CAPITAL PARTNERS II-B, LP | |||
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By: Energy Capital Partners GP II, LP, its general partner | |||
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By: Energy Capital Partners II, LLC, its general partner | |||
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By: |
/s/ Christopher M. Leininger | ||
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Name: |
Christopher M. Leininger | ||
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Title: |
Managing Director and Deputy General Counsel | ||
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ENERGY CAPITAL PARTNERS II-C (DIRECT LP), LP | |||
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By: Energy Capital Partners GP II, LP, its general partner | |||
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By: Energy Capital Partners II, LLC, its general partner | |||
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By: |
/s/ Christopher M. Leininger | ||
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Name: |
Christopher M. Leininger | ||
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Title: |
Managing Director and Deputy General Counsel | ||
CUSIP No. 74347M108 |
Schedule 13G |
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ENERGY CAPITAL PARTNERS II-D, LP | ||
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By: Energy Capital Partners GP II, LP, its general partner | ||
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By: Energy Capital Partners II, LLC, its general partner | ||
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By: |
/s/ Christopher M. Leininger | |
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Name: |
Christopher M. Leininger | |
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Title: |
Managing Director and Deputy General Counsel | |
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ENERGY CAPITAL PARTNERS II (MIDLAND CO-INVEST), LP | ||
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By: Energy Capital Partners GP II Co-Investment (Midland), LLC, its general partner | ||
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By: Energy Capital Partners II, LLC, its sole member | ||
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By: |
/s/ Christopher M. Leininger | |
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Name: |
Christopher M. Leininger | |
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Title: |
Managing Director and Deputy General Counsel | |
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ENERGY CAPITAL PARTNERS GP II, LP | ||
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By: Energy Capital Partners II, LLC, its general partner | ||
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By: |
/s/ Christopher M. Leininger | |
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Name: |
Christopher M. Leininger | |
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Title: |
Managing Director and Deputy General Counsel | |
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ENERGY CAPITAL PARTNERS GP II CO-INVESTMENT (MIDLAND), LLC | ||
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By: Energy Capital Partners II, LLC, its sole member | ||
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By: |
/s/ Christopher M. Leininger | |
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Name: |
Christopher M. Leininger | |
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Title: |
Managing Director and Deputy General Counsel | |
CUSIP No. 74347M108 |
Schedule 13G |
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ENERGY CAPITAL PARTNERS II, LLC | ||
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By: |
/s/ Christopher M. Leininger | |
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Name: |
Christopher M. Leininger | |
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Title: |
Managing Director and Deputy General Counsel | |