Acm emerging markets master fund i l p - direct investment history in Eco-stim energy solutions inc

Filed on 2015-09-25 by Acm Emerging Markets Master Fund I L P SEC CIK 1385343 Form 4

Accession 0001493152-15-004525.txt Sec File: edgar/data/1385343/0001493152-15-004525-index.htm

2015-09-18 Acm Emerging Markets Master Fund I L P (CIK 1385343) through Direct

Invested in Eco-Stim Energy Solutions Inc bought 45000 shares at $4.75 remaining shares owned 45000

Stock Option Eco-Stim Energy Solutions Inc Eses exercise price 4.75 has valueitem expiration due date 2025-09-18 underlying security shares 45000 underlying security title Common Stock

f2 ahmad al-sati, wai chan lap and john yonemoto have each irrevocably transferred their right, title and interest under their stock option agreements to acm emerging markets master fund i, l.p. (the "fund").
f3 albright capital management llc (the "gp"), as general partner of the fund, may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect interest in the fund. pursuant to rule 16a-1(a)(4) under the securities act of 1934, as amended (the "exchange act"), this filing shall not be deemed an admission that the gp is, for purposes of section 16 of the exchange act or otherwise, the beneficial owner of any securities in excess of its pecuniary interests, if any.
f1 this represents three separate stock options, each consisting of the right and option to purchase 15,000 shares of common stock of eco-stim energy solutions, inc. (the "issuer"), granted to each of ahmad al-sati, wai chan lap and john yonemoto, respectively, on september 18, 2015. each stock option vests as to 3,750 shares on each of march 18, 2016, september 18, 2016, march 18, 2017, and september 18, 2017.


Filed on 2015-07-16 by Acm Emerging Markets Master Fund I L P SEC CIK 1385343 Form 4

Accession 0001493152-15-002995.txt Sec File: edgar/data/1385343/0001493152-15-002995-index.htm

2015-07-15 Acm Emerging Markets Master Fund I L P (CIK 1385343) through Direct

Invested in Eco-Stim Energy Solutions Inc bought 523192 shares at $4.75 remaining shares owned 2030436

Common Stock Eco-Stim Energy Solutions Inc Eses Transaction code: J Other acquisition or disposition (transaction described in footnotes)

f1 eco-stim energy solutions, inc. (the "issuer") previously entered into a first amendment to the convertible note facility agreement (as amended, the "note agreement") with acm emerging markets master funds i, l.p. (the "fund"), pursuant to which the fund elected to have the interest payable on the note agreement on may 28, 2015 (the "deferred interest") paid in the form of shares of the issuer's common stock issuable upon the consummation of a specified equity offering (as defined in the note agreement). on july 15, 2015, upon consummation of an underwritten public offering by the issuer and pursuant to the note agreement, deferred interest in the amount of $2,485,163 was converted into 523,192 shares of the issuer's common stock at a price of $4.75 per share.
f2 albright capital management llc (the "gp"), as general partner of the fund, may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect interest in the fund. pursuant to rule 16a-1(a)(4) under the securities act of 1934, as amended (the "exchange act"), this filing shall not be deemed an admission that the gp is, for purposes of section 16 of the exchange act or otherwise, the beneficial owner of any securities in excess of its pecuniary interests, if any.


Filed on 2015-04-13 by Acm Emerging Markets Master Fund I L P SEC CIK 1385343 Form 4

Accession 0001493152-15-001383.txt Sec File: edgar/data/1385343/0001493152-15-001383-index.htm

2014-10-28 Acm Emerging Markets Master Fund I L P (CIK 1385343) through Direct

Invested in Eco-Stim Energy Solutions Inc at $0 remaining shares owned 0 at $22000000

Convertible Notes Eco-Stim Energy Solutions Inc Eses exercise date 2014-10-28 exercise price 6.00 has valueitem expiration due date 2018-05-28 underlying security shares 1689351 underlying security title Common Stock transactional total value $10136115

f2 the issuer previously issued to the fund a multiple draw secured promissory note (the "convertible note") with a maximum aggregate principal amount of $22,000,000, convertible into common stock at a price of $6 per share. on october 28, 2014, the issuer drew $10,136,115, the remainder of the convertible note, convertible into 1,689,351 shares of common stock at the option of the fund, for a total balance of $22,000,000, such total balance convertible into 3,666,666 shares of common stock at the option of the fund.
f3 albright capital management llc (the "gp"), as general partner of the fund, may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect interest in the fund. pursuant to rule 16a-1(a)(4) under the securities act of 1934, as amended (the "exchange act"), this filing shall not be deemed an admission that the gp is, for purposes of section 16 of the exchange act or otherwise, the beneficial owner of any securities in excess of its pecuniary interests, if any.


Filed on 2015-04-13 by Acm Emerging Markets Master Fund I L P SEC CIK 1385343 Form 4

Accession 0001493152-15-001383.txt Sec File: edgar/data/1385343/0001493152-15-001383-index.htm

2015-02-19 Acm Emerging Markets Master Fund I L P (CIK 1385343) through Direct

Invested in Eco-Stim Energy Solutions Inc bought 173911 shares at $5.75 remaining shares owned 1507244

Common Stock Eco-Stim Energy Solutions Inc Eses Transaction code: P Open market or private purchase of securities

f1 acm emerging markets master funds i, l.p. (the "fund") purchased 173,911 shares (the "securities") at a price of $5.75 per share on february 19, 2015 in an underwritten public offering by eco-stim energy solutions, inc. (the "issuer").
f3 albright capital management llc (the "gp"), as general partner of the fund, may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect interest in the fund. pursuant to rule 16a-1(a)(4) under the securities act of 1934, as amended (the "exchange act"), this filing shall not be deemed an admission that the gp is, for purposes of section 16 of the exchange act or otherwise, the beneficial owner of any securities in excess of its pecuniary interests, if any.


Filed on 2014-10-10 by Acm Emerging Markets Master Fund I L P SEC CIK 1385343 Form 3

Accession 0001493152-14-003292.txt Sec File: edgar/data/1385343/0001493152-14-003292-index.htm

2014-05-28 Acm Emerging Markets Master Fund I L P (CIK 1385343) through Direct

Invested in Eco-Stim Energy Solutions Inc remaining shares owned 1333333

Common Stock Eco-Stim Energy Solutions Inc Eses

f1 shares of common stock and the convertible note reported above (the "securities") are held directly by acm emerging markets master fund i, l.p. (the "fund"). albright capital management llc (the "gp"), as general partner of the fund, is deemed to hold voting and dispositive power with respect to the securities. in connection with a merger (the "merger") in 2013, the issuer amended and restated its articles of incorporation and changed its name to "eco-stim energy solutions, inc." and commenced trading under the symbol "eses" on the over-the-counter bulletin board. before the merger, the issuer was considered a "shell company" and had filed periodic reports under the exchange act.
f2 (continued from footnote 1) it is unclear whether the issuer's securities were registered under section 12 or whether the issuer was a voluntary filer, but the reporting person understands that the issuer has concluded that its 10% owners should comply with the reporting requirements of section 16(a) of the exchange act. accordingly, the fund and the gp are making this filing, which may be deemed to be a late reporting of the transactions listed herein.
f3 1,333,333 shares of common stock were purchased by the fund at a price of $6.00 per share on july 14, 2014 pursuant to the exercise of an option acquired by the fund on may 28, 2014.
f4 because of the relationship between the gp and the fund, the gp may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect pecuniary interests in the fund. the gp disclaims any beneficial ownership of the securities held by the fund except to the extent of any pecuniary interest therein.
f5 pursuant to rule 16a-1(a)(4) under the securities act of 1934, as amended (the "exchange act"), this filing shall not be deemed an admission that the gp is, for purposes of section 16 of the exchange act or otherwise, the beneficial owners of any securities in excess of its pecuniary interests, if any.