AVENUE CAPITAL MANAGEMENT II, L.P. sold 5.7% of their position (1.10M shares) of PACIFIC DRILLING S.A. on the open market
Open‑market sale worth $493.8K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 5/19/2020ACC: 0001140361-20-011990
10% Owner
Since Dec 2019
-1.10M
Net shares
Net seller
$493.8K
Total sold
2
Open market trades
0B · 2S
2
Total transactions
1.10M disposed
Non-Derivative Transactions2
COMMON STOCK
Indirect
Shares
−327.63K
Price / share
$0.45
Trade value
$146.78K
% of position
1.7%
5/15/2020
19.26M→18.93M
COMMON STOCK
Indirect
Shares
−771.12K
Price / share
$0.45
Trade value
$347K
% of position
4.1%
5/18/2020
18.93M→18.16M
Total
Net shares
−1.10M
Net value
-$493.78K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Indirect | 5/15/2020 | S · Sale | −327.63K | $0.45 | $146.78K | 1.7% | 19.26M | 18.93M |
| COMMON STOCK Indirect | 5/18/2020 | S · Sale | −771.12K | $0.45 | $347K | 4.1% | 18.93M | 18.16M |
| Total | −1.10M | -$493.78K | ||||||
Derivative Transactions0
No derivative transactions reported