SC 13G/A
CUSIP No. 205768302    13G    Page 1 of 9 Pages

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

Comstock Resources, Inc.

(Name of Issuer)

Common Stock, $.50 Par Value

(Title of Class of Securities)

205768302

(CUSIP Number)

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

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 the disclosures provided in a prior cover page.

The information required in 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).

 

 

 

 

Page 1 of 9 Pages


CUSIP No. 205768302    13G    Page 2 of 9 Pages

 

  1     

NAMES OF REPORTING PERSONS

 

Knighthead Capital Management, LLC

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5      

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IA

 

Page 2 of 9 Pages


CUSIP No. 205768302    13G    Page 3 of 9 Pages

 

  1     

NAMES OF REPORTING PERSONS

 

Thomas A. Wagner

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5      

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

Page 3 of 9 Pages


CUSIP No. 205768302    13G    Page 4 of 9 Pages

 

  1     

NAMES OF REPORTING PERSONS

 

Ara D. Cohen

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5      

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

Page 4 of 9 Pages


CUSIP No. 205768302    13G    Page 5 of 9 Pages

 

  1     

NAMES OF REPORTING PERSONS

 

Knighthead GP, LLC

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5      

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 

Page 5 of 9 Pages


CUSIP No. 205768302    13G    Page 6 of 9 Pages

 

  1     

NAMES OF REPORTING PERSONS

 

Knighthead Master Fund, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5      

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

Page 6 of 9 Pages


CUSIP No. 205768302    13G    Page 7 of 9 Pages

 

Item 1(a).

Name of Issuer: Comstock Resources, Inc. (the “Issuer”)

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

5300 Town and Country Blvd., Suite 500

Frisco, Texas 75034

 

Item 2(a).

Name of Persons Filing:

This Schedule 13G is being filed by:

 

  i.

Knighthead Capital Management, LLC (the “Investment Manager”).

 

  ii.

Knighthead GP, LLC (the “Fund GP”).

 

  iii.

Knighthead Master Fund, L.P. (the “Master Fund”).

 

  iv.

Mr. Thomas A. Wagner and Mr. Ara D. Cohen (collectively, the “Founders”) (the Founders, together with the Investment Manager, the Fund GP and the Master Fund, the “Reporting Persons”).

 

Item 2(b).

Address of Principal Business Office or, if None, Residence:

1140 Avenue of the Americas, 12th Floor

New York, NY 10036

 

Item 2(c).

Citizenship:

 

  Investment Manager:    Delaware
  Fund GP:    Delaware
  Master Fund:    Cayman Islands
  Founders:    United States of America

 

Item 2(d).

Title of Class of Securities: Common Stock, $.50 Par Value (“Common Stock”)

 

Item 2(e).

CUSIP Number: 205768302

 

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

Not applicable.

 

Item 4.

Ownership.

The information set forth in rows 5 through 11 of the cover pages to this Schedule 13G is incorporated by reference.

 

Page 7 of 9 Pages


CUSIP No. 205768302    13G    Page 8 of 9 Pages

 

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Page 8 of 9 Pages


CUSIP No. 205768302    13G    Page 9 of 9 Pages

 

SIGNATURES

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.

Dated: February 14, 2019

 

Knighthead Capital Management, LLC
By:   /s/ Thomas A. Wagner
Name:   Thomas A. Wagner
Title:   Managing Member
Knighthead GP, LLC
By:   /s/ Thomas A. Wagner
Name:   Thomas A. Wagner
Title:   Authorized Signatory
Knighthead Master Fund, L.P.
By:   Knighthead GP, LLC, its general partner
By:   /s/ Thomas A. Wagner
Name:   Thomas A. Wagner
Title:   Authorized Signatory
/s/ Thomas A. Wagner
Thomas A. Wagner
/s/ Ara D. Cohen
Ara D. Cohen

 

Page 9 of 9 Pages