Sec Form 13D Filing - O'Shaughnessy Gerald E filing for GEOPARK LTD. USD SHARES (GPRK) - 2021-07-01

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

GeoPark Limited

(Name of Issuer)

Common Stock, $0.001 Par Value Per Share

(Title of Class of Securities)

G38327105

(CUSIP Number)

Gerald E. O’Shaughnessy

8301 E. 21st Street North, Suite 420

Wichita, Kansas 67206, USA

316-630-0247

With a copy to:

Werner F. Ahlers

Janet Geldzahler

Sullivan & Cromwell LLP

125 Broad Street

New York, New York 10004

212-558-4000

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

July 1, 2021

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-l(f) or 240.13d-l(g), check the following box.  ☐

*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 disclosures provided in a prior cover page.

The information required on 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. G38327105    13D    Page 2 of 7 Pages

 

  1    

  Names of Reporting Persons

 

  Gerald E. O’Shaughnessy

  2    

  Check the Appropriate Box if a Member of a Group

  (a)  ☒        (b)  ☐

 

  3    

  SEC Use Only

 

  4    

  Source of Funds

 

  PF

  5    

  Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6    

  Citizenship or Place of Organization

 

  U.S. citizen

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7      

  Sole Voting Power

 

  184,042

  8      

  Shared Voting Power

 

  6,354,178 (1)

  9      

  Sole Dispositive Power

 

  184,042

   10      

  Shared Dispositive Power

 

  6,354,178 (1)

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,538,220 (1)

12    

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13    

  Percent of Class Represented by Amount in Row (11)

 

  10.7%

14    

  Type of Reporting Person (See Instructions)

 

  IN

 

 

(1)

Of these shares of Common Stock, 211,015 shares are held by The Timothy P. O’Shaughnessy Foundation, on the board of which Mr. O’Shaughnessy serves as a non-controlling director and as to which shares he disclaims beneficial ownership.


CUSIP No. G38327105    13D    Page 3 of 7 Pages

 

  1    

  Names of Reporting Persons

 

  GP Investments LLP

  2    

  Check the Appropriate Box if a Member of a Group

  (a)  ☒        (b)  ☐

 

  3    

  SEC Use Only

 

  4    

  Source of Funds

 

  OO

  5    

  Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6    

  Citizenship or Place of Organization

 

  KANSAS, USA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7      

  Sole Voting Power

 

  None

  8      

  Shared Voting Power

 

  1,123,083

  9      

  Sole Dispositive Power

 

  None

   10      

  Shared Dispositive Power

 

  1,123,083

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  1,123,083

12    

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13    

  Percent of Class Represented by Amount in Row (11)

 

  1.8%

14    

  Type of Reporting Person (See Instructions)

 

  PN

 


CUSIP No. G38327105    13D    Page 4 of 7 Pages

 

  1    

  Names of Reporting Persons

 

  GPK Holdings, LLC

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☒        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Source of Funds

 

  OO

  5  

  Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  KANSAS, USA

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  None

     8   

  Shared Voting Power

 

  5,000,000

     9   

  Sole Dispositive Power

 

  None

   10   

  Shared Dispositive Power

 

  5,000,000

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,000,000

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  8.2%

14  

  Type of Reporting Person (See Instructions)

 

  OO

 


CUSIP No. G38327105    13D    Page 5 of 7 Pages

 

  1    

  Names of Reporting Persons

 

  The Globe Resources Group, Inc.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☒        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Source of Funds

 

  OO

  5  

  Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6  

  Citizenship or Place of Organization

 

  KANSAS, USA

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  Sole Voting Power

 

  None

     8   

  Shared Voting Power

 

  20,080

     9   

  Sole Dispositive Power

 

  None

   10   

  Shared Dispositive Power

 

  20,080

11    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  20,080

12  

  Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13  

  Percent of Class Represented by Amount in Row (11)

 

  0.0%

14  

  Type of Reporting Person (See Instructions)

 

  CO


The following constitutes Amendment No. 2 to the Schedule 13D filed by the undersigned (“Amendment No. 2”). This Amendment No. 2 amends the Schedule 13D as specifically set forth herein.

Item 4. Purpose of Transaction

Item 4 of the Schedule 13D is hereby amended to add the following:

In connection with the Reporting Persons’ “vote no” campaign (as disclosed in Amendment No. 1 to this Schedule 13D), on July 1, 2021, Mr. O’Shaughnessy made public a presentation to shareholders urging them to vote against four directors of the Issuer at the annual meeting of shareholders of the Issuer. A copy of the presentation and the related press release are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference. The Reporting Persons strongly advise all shareholders of the Issuer to read these materials.

Item 7. Material to be Filed as Exhibits

 

Exhibit

Number

  

Exhibit Name

99.1    Presentation to Shareholders, “Fixing the Broken Board Culture at GeoPark Ltd.,” dated June 2021.
99.2    Press Release dated July 1, 2021.


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.

 

By:  

/s/ Gerald E. O’Shaughnessy

  Name:    Gerald E. O’Shaughnessy
  Date:      July 1, 2021
GP Investments LLP
By:  

/s/ Gerald E. O’Shaughnessy

  Name:    Gerald E. O’Shaughnessy
  Date:      July 1, 2021
GPK Holdings, LLC
By:  

/s/ Gerald E. O’Shaughnessy

  Name:    Gerald E. O’Shaughnessy
  Date:      July 1, 2021
The Globe Resources Group, Inc.
By:  

/s/ Gerald E. O’Shaughnessy

  Name:    Gerald E. O’Shaughnessy
  Date:      July 1, 2021