Item 1. Security and Issuer
This Amendment No. 5 to Schedule 13D (this Schedule 13D), amends and supplements the beneficial ownership
statement on Schedule 13D filed with the Securities and Exchange Commission on June 14, 2023 (the Original Statement), as amended on June 23, 2023, September 15, 2023, September 28, 2023 and
November 30, 2023, as it relates to common shares of beneficial interest, par value $0.01 per share (the Shares), of SilverBow Resources, Inc. (the Issuer), a Delaware incorporated company.
The address of the principal executive offices of the Issuer is 920 Memorial City Way, Suite 850, Houston, Texas 77204. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.
Item 3. Source and Amount of Funds or other Consideration
Item 3 is hereby amended and supplemented as follows:
In
open market purchases between November 30, 2023 and December 19, 2023, the Reporting Persons expended an aggregate of approximately $7,897,759.28 (excluding commissions) to acquire 269,000 Shares of the Issuer in various open market
transactions. The funds used for the purchase of Shares of the Issuer reported in this Schedule 13D were derived from general working capital of the Fund.
Item 5. Interest in Securities of the Issuer
Item 5
is hereby amended and restated in its entirety as follows:
(a) The aggregate number and percentage of the class of securities identified pursuant to
Item 1 beneficially owned by each Reporting Person is stated in Items 11 and 13 on the cover page(s) hereto.
Each Reporting Person declares that neither
the filing of this Schedule 13D nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this
Schedule 13D.
Each Reporting Person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for the purposes of
Section 13(d) or 13(g) of the Act. Each Reporting Person declares that neither the filing of this Schedule 13D nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the
Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or
otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any syndicate or group with respect to the Issuer or any securities of the Issuer.
(b) Number of shares as to which each Reporting Person has:
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(i) |
sole power to vote or to direct the vote: |
See Item 7 on the cover page(s) hereto.