DWS Growth Capital LP - Dec 6, 2021 Form 4 Insider Report for CONTANGO OIL & GAS CO (MCF)

Role
10%+ Owner
Signature
DWS GROWTH CAPITAL LP By: /s/ Jack Kins Name: Jack Kins Title: Authorized Signatory
Stock symbol
MCF
Transactions as of
Dec 6, 2021
Transactions value $
$966,895
Form type
4
Date filed
12/8/2021, 08:10 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCF Common Stock Purchase $967K +318K +1.2% $3.05 26.7M Dec 6, 2021 See Footnote F1, F2
transaction MCF Common Stock Other -26.7M -100% 0 Dec 7, 2021 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

DWS Growth Capital LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reported securities include 9,209,763 shares of common stock, par value $0.04 per share (the "Common Stock") of Contango Oil & Gas Company (the "Company") directly owned by DWS Growth Capital LP ("DWSGC"), 9,997,472 shares of Common Stock directly owned by Avondale Growth Capital LP ("AGC"), 3,000,000 shares of Common Stock directly owned by DWS Capital LP ("DWS Capital"), 2,091,560 shares of Common Stock directly owned by JWS Investment Partnership LP ("JWSIP"), 400,000 shares of Common Stock directly owned by No.4 LP ("No. 4") and 2,000,000 shares of Common Stock directly owned by MD Opportunities LP ("MDO"). DS Investments GP LLC is the general partner of DWSGC, DWS Capital, No. 4 and MDO. KLS GP LLC is the general partner of AGC. Schnitzer WRI GP LLC is the general partner of JWSIP. Ken L. Schnitzer, Jr. is the Manager of KLS GP LLC. Douglas W. Schnitzer is the Manager of DS Investments GP LLC and Schnitzer WRI GP LLC.
F2 As a result of the relationships described herein, the Reporting Persons may be deemed a "group" for purposes of the Securities Exchange Act of 1934 and expressly disclaim status as a "group" for purposes hereof.
F3 Disposed of pursuant to that certain Transaction Agreement among the Company, Independence Energy LLC, Crescent Energy Company ("Crescent"), IE OpCo LLC, IE L Merger Sub LLC and IE C Merger Inc. in exchange for 5,339,759 shares of Crescent common stock having a market value of $15.10 per share on the effective date of the merger.

Remarks:

Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purpose.