Form 4 for BTU PEABODY ENERGY CORP
Accepted 2024-08-26 00:00:00 ET · period of report 2024-08-14 · accession 0000950170-24-100744 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-08-26 | 2024-08-15+ | BTU | Thomist Capital, LLC | 10% | X - OptEx | $23.00 | +77.9K | 1.67M | +5% | +$1.79M |
| DMI | 2024-08-26 | 2024-08-14 | BTU | Thomist Capital, LLC | 10% | P - Purchase | — | +97.2K | 1.62M | +6% | — |
| DMI | 2024-08-26 | 2024-08-16 | BTU | Thomist Capital, LLC | 10% | S - Sale | — | -17.0K | 26.7K | -39% | — |
| DMI | 2024-08-26 | 2024-08-15+ | BTU | Thomist Capital, LLC | 10% | X - OptEx | $0.00 | -779 | 201 | -79% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-08-15 | X | A | 31,800 | $23.00 | 1,649,255 | I See Footnotes | — | — | (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F5) The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee. |
| 2 | Common | Common Stock | 2024-08-15 | X | A | 26,000 | $23.00 | 834,726 | I See Footnotes | — | — | (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F6) The securities reported are held by Managed Account 2. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 2 due to a performance-related fee. |
| 3 | Common | Common Stock | 2024-08-14 | P | A | 24,300 | — | 808,726 | I See Footnotes | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.81 to $21.905, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F6) The securities reported are held by Managed Account 2. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 2 due to a performance-related fee. |
| 4 | Common | Common Stock | 2024-08-14 | P | A | 24,300 | — | 3,230,091 | I See Footnotes | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.81 to $21.905, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F4) The securities reported are held by the Fund. The GP and Mr. Kuzma may be deemed to have a pecuniary interest in the securities held by the Fund due to and indirect profits allocation to the GP and Mr. Kuzma's interest in the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. |
| 5 | Common | Common Stock | 2024-08-14 | P | A | 48,600 | — | 1,617,455 | I See Footnotes | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.81 to $21.905, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F5) The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee. |
| 6 | Common | Common Stock | 2024-08-16 | X | A | 20,100 | $23.00 | 1,669,355 | I See Footnotes | — | — | (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F5) The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee. |
| 7 | Derivative | Call Option (Right to Buy) | 2024-08-16 | S | D | 2,914 | — | 8,753 | I See Footnotes | $27.00 · 2024-08-14 to 2024-10-18 | 291,400 Common Stock | (F7) These contracts were sold in two transactions at prices of $26.72 per contract for the first 15,000 contracts and $20 per contract for the remaining portion. (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F6) The securities reported are held by Managed Account 2. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 2 due to a performance-related fee. |
| 8 | Derivative | Call Option (Right to Buy) | 2024-08-16 | S | D | 5,829 | — | 17,504 | I See Footnotes | $27.00 · 2024-08-14 to 2024-10-18 | 582,900 Common Stock | (F7) These contracts were sold in two transactions at prices of $26.72 per contract for the first 15,000 contracts and $20 per contract for the remaining portion. (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F5) The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee. |
| 9 | Derivative | Call Option (Right to Buy) | 2024-08-16 | S | D | 8,257 | — | 26,743 | I See Footnotes | $27.00 · 2024-08-14 to 2024-10-18 | 825,700 Common Stock | (F7) These contracts were sold in two transactions at prices of $26.72 per contract for the first 15,000 contracts and $20 per contract for the remaining portion. (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F4) The securities reported are held by the Fund. The GP and Mr. Kuzma may be deemed to have a pecuniary interest in the securities held by the Fund due to and indirect profits allocation to the GP and Mr. Kuzma's interest in the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. |
| 10 | Derivative | Put Option (Obligation to Buy) | 2024-08-15 | X | D | 260 | $0.00 | 0 | I See Footnotes | $23.00 · 2024-08-13 to 2024-08-16 | 26,000 Common Stock | (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F6) The securities reported are held by Managed Account 2. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 2 due to a performance-related fee. |
| 11 | Derivative | Put Option (Obligation to Buy) | 2024-08-16 | X | D | 201 | $0.00 | 0 | I See Footnotes | $23.00 · 2024-08-13 to 2024-08-16 | 20,100 Common Stock | (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F5) The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee. |
| 12 | Derivative | Put Option (Obligation to Buy) | 2024-08-15 | X | D | 318 | $0.00 | 201 | I See Footnotes | $23.00 · 2024-08-13 to 2024-08-16 | 31,800 Common Stock | (F2) This Form 4 is being filed by (a) Thomist Capital Management, LP (the "Manager"), (b) Thomist Capital, LLC (the "GP"), (c) The Thomist Fund, LP (the "Fund"), and (d) Brian Kuzma ("Mr. Kuzma", and collectively with the Manager, the GP and the Fund, the "Reporting Persons"). The Manager, as the investment manager of the Fund and two third-party accounts ("Managed Account 1" and "Managed Account 2") over which the Manager has voting and investment discretion. Mr. Kuzma is the managing member of the GP, which is the general partner of the Manager and the Fund. (F3) The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, and each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. (F5) The securities reported are held by Managed Account 1. The Reporting Persons other than the Fund may be deemed to have a pecuniary interest in the securities held by Managed Account 1 due to a performance-related fee. |