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 September 26, 2018
UNITED STATES Check the appropriate box to designate the rule
pursuant to which this Schedule is filed: o Rule 13d-1(b) þ Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons 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).
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
SCHEDULE 13G
Under the Securities Exchange Act of
1934
CUSIP
No.
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74347M108
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SCHEDULE 13G |
Page |
2
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13
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1 |
NAMES OF REPORTING PERSONS
Integrated Core Strategies (US) LLC |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) þ
|
3 |
SEC USE ONLY
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4 |
CITIZENSHIP OR PLACE OF
ORGANIZATION
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE VOTING POWER
-0- |
|
6 |
SHARED VOTING POWER
4,069,592 |
||
7 |
SOLE DISPOSITIVE POWER
-0- |
||
8 |
SHARED DISPOSITIVE
POWER
4,069,592 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,069,592 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES o |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9)
4.9% |
12 |
TYPE OF REPORTING PERSON OO |
CUSIP
No.
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74347M108
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SCHEDULE 13G |
Page |
3
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of |
13
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1 |
NAMES OF REPORTING PERSONS
Integrated Assets II LLC |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) þ
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF
ORGANIZATION
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE VOTING POWER
-0- |
6 |
SHARED VOTING POWER
714,266 |
|
7 |
SOLE DISPOSITIVE POWER
-0- |
|
8 |
SHARED DISPOSITIVE POWER
714,266 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
714,266 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES o |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9)
0.9% |
12 |
TYPE OF REPORTING PERSON OO |
CUSIP
No.
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74347M108
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SCHEDULE 13G |
Page |
4
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13
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1 |
NAMES OF REPORTING PERSONS
Millennium Management LLC |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) þ
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF
ORGANIZATION
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE VOTING POWER
-0- |
6 |
SHARED VOTING POWER
4,783,858 |
|
7 |
SOLE DISPOSITIVE POWER
-0- |
|
8 |
SHARED DISPOSITIVE POWER
4,783,858 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,783,858 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES o |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9)
5.7% |
12 |
TYPE OF REPORTING PERSON OO |
CUSIP
No.
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74347M108
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SCHEDULE 13G |
Page |
5
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13
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1 |
NAMES OF REPORTING PERSONS
Millennium Group Management LLC |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) þ
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF
ORGANIZATION
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE VOTING POWER
-0- |
6 |
SHARED VOTING POWER
4,783,858 |
|
7 |
SOLE DISPOSITIVE POWER
-0- |
|
8 |
SHARED DISPOSITIVE POWER
4,783,858 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,783,858 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES o |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9)
5.7% |
12 |
TYPE OF REPORTING PERSON OO |
CUSIP
No.
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74347M108
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SCHEDULE 13G |
Page |
6
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of |
13
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1 |
NAMES OF REPORTING PERSONS
Israel A. Englander |
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) þ
|
3 |
SEC USE ONLY
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5 |
SOLE VOTING POWER
-0- |
6 |
SHARED VOTING POWER
4,783,858 |
|
7 |
SOLE DISPOSITIVE POWER
-0- |
|
8 |
SHARED DISPOSITIVE POWER
4,783,858 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,783,858 |
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
o |
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(9)
5.7% |
12 |
TYPE OF REPORTING
PERSON
IN |
CUSIP
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74347M108
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SCHEDULE 13G |
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Item 1. | ||
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(a) | Name of Issuer: |
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ProPetro Holding Corp., a Delaware corporation (the "Issuer"). | |
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(b) | Address of Issuers Principal Executive Offices: |
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1706 South Midkiff, Building B |
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Item 2.
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(a) | Name of Person Filing: |
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(b) | Address of Principal Business Office: |
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(c) | Citizenship: |
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Integrated Core Strategies (US) LLC c/o Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware |
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Integrated Assets II LLC c/o Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware |
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Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware |
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Millennium Group Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware |
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Israel A. Englander c/o Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: United States |
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(d) | Title of Class of Securities: | |
common stock, par value $0.001 per share ("Common Stock") | ||
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(e) | CUSIP Number: | |
74347M108 |
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Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:
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(a) | o | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |||
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(b) | o | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |||
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(c) | o | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |||
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(d) | o | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |||
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(e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
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(f) | o | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
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(g) | o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | |||
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(h) | o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |||
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(i) | o | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |||
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(j) | o | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
As of the close of business on September 25, 2018:
i) Integrated Core Strategies (US) LLC, a Delaware limited liability company ("Integrated Core Strategies"), beneficially owned 4,069,592 shares of the Issuers Common Stock; and
ii) Integrated Assets II LLC, a Delaware limited liability company ("Integrated Assets II"), beneficially owned 714,266 shares of the Issuers Common Stock, which collectively with the other foregoing reporting person represented 4,783,858 shares of the Issuers Common Stock or 5.7% of the Issuers Common Stock outstanding.
Millennium Management LLC, a Delaware limited liability company ("Millennium Management"), is the general partner of the managing member of Integrated Core Strategies and Integrated Assets II and may be deemed to have shared voting control and investment discretion over securities owned by Integrated Core Strategies and Integrated Assets II.
Millennium Group Management LLC, a Delaware limited liability company ("Millennium Group Management"), is the managing member of Millennium Management and may also be deemed to have shared voting control and investment discretion over securities owned by Integrated Core Strategies and Integrated Assets II.
Israel A. Englander, a United States citizen ("Mr. Englander"), controls the managing member of Millennium Group Management and may also be deemed to have shared voting control and investment discretion over securities owned by Integrated Core Strategies and Integrated Assets II.
The foregoing should not be construed in and of itself as an admission by Millennium Management, Millennium Group Management or Mr. Englander as to beneficial ownership of the securities owned by Integrated Core Strategies or Integrated Assets II, as the case may be.
(b) Percent of Class:
As of the close of business on September 25, 2018, Millennium Management, Millennium Group Management and Mr. Englander may be deemed to have beneficially owned 4,783,858 shares of the Issuers Common Stock or 5.7% of the Issuers Common Stock outstanding (see Item 4(a) above), which percentage was calculated based on 83,543,646 shares of the Issuers Common Stock outstanding as of August 1, 2018, as per the Issuers Form 10-Q dated August 9, 2018.
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote-0-
(ii) Shared power to vote or to direct the vote
4,783,858 See Item 4(b))
(iii) Sole power to dispose or to direct the disposition of
-0-
(iv) Shared power to dispose or to direct the disposition of
4,783,858 See Item 4(b))
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o .
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group
See Exhibit I.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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Exhibits:
Exhibit I: Joint Filing Agreement, dated as of September 25, 2018, by and among Integrated Core Strategies (US) LLC, Integrated Assets II LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.
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SIGNATURE |
After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.
Dated: September 25, 2018
INTEGRATED CORE STRATEGIES (US) LLC
By: Integrated Holding Group LP,
its Managing Member
By: Millennium Management LLC,
its General Partner
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
INTEGRATED ASSETS II LLC
By: Integrated Holding Group LP,
its Managing Member
By: Millennium Management LLC,
its General Partner
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
MILLENNIUM MANAGEMENT LLC
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
MILLENNIUM GROUP MANAGEMENT LLC
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
/s/ Israel A. EnglanderIsrael A. Englander
CUSIP No. 74347M108SCHEDULE 13G
Page 13of 13EXHIBIT I JOINT FILING AGREEMENT This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Common Stock, par value $0.001 per share, of ProPetro Holding Corp., a Delaware corporation, will be filed on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Dated: September 25, 2018
INTEGRATED CORE STRATEGIES (US) LLC
By: Integrated Holding Group LP,
its Managing Member
By: Millennium Management LLC,
its General Partner
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
INTEGRATED ASSETS II LLC
By: Integrated Holding Group LP,
its Managing Member
By: Millennium Management LLC,
its General Partner
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
MILLENNIUM MANAGEMENT LLC
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
MILLENNIUM GROUP MANAGEMENT LLC
By: /s/ Mark MeskinName: Mark Meskin
Title: Chief Trading Officer
/s/ Israel A. EnglanderIsrael A. Englander