Explanatory Note
This Amendment No. 4 to Schedule 13D amends and supplements the statement on Schedule 13D filed by Charles S. Leykum, CSL Energy Opportunity GP I, LLC,
CSL Energy Opportunity GP II, LL, Ranger Energy Holdings, LLC, Torrent Energy Holdings, LLC, Ranger Energy Holdings II, LLC, Torrent Energy Holdings II, LLC, CSL Energy Holdings I, LLC, CSL Energy Holdings II, LLC, CSL Energy Opportunities Fund I,
L.P., CSL Energy Opportunities Fund II, L.P. and CSL Energy Opportunities Master Fund, LLC with the Securities and Exchange Commission on November 19, 2019, as amended on March 16, 2020, May 15, 2020 and September 22, 2021 (as
amended, the “Schedule 13D”) relating to the Class A Common Stock of Ranger Energy Services Inc. (the “Issuer”).
The principal
executive offices of the Issuer are located at 10350 Richmond, Suite 550, Houston, Texas 77042. Except as set forth below and as to give effect to the changes in ownership amounts reflected above, all Items of the Schedule 13D remain unchanged. All
capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D.
| Item 5. |
Interest in Securities of the Issuer |
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
(a)-(b) Calculations of the percentage of shares of Class A Common Stock beneficially owned are calculated in accordance with Rule 13d-3 and assume that there are 24,412,713 shares of Class A Common Stock outstanding (based on the Issuer’s Quarterly Report on Form 10-Q filed on October 31,
2023).
The aggregate number and percentage of shares of Class A Common Stock beneficially owned by each Reporting Person and, for each Reporting
Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are
set forth on rows 7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference.
On November 7, 2023,
each of CSL Energy Opportunities Fund I, L.P. (“CSL OI”) and CSL Energy Opportunities Offshore Fund I, L.P. (“CSL Offshore OI”) distributed all 1,831,477 and 801,698 shares of Class A Common Stock it held, respectively, pro
rata to its respective limited partners and to CSL Energy Opportunity GP I, LLC (“CSL GP I”), its general partner, in connection with a liquidating distribution. Following such distribution, Charles S. Leykum (“Leykum”) is the
record holder of 41,324 shares of Class A Common Stock and CSL GP I is the record holder of 1,816 shares of Class A Common Stock.
CSL Fund II
Preferred Holdings LLC (“CSL Preferred Holdings”) continues to be the record holder of 4,565,174 shares of Class A Common Stock. CSL Energy Opportunities Fund II, L.P. (“CSL OII”) and CSL Energy Holdings II, LLC (“CSL
HII” and, collectively with CSL OI, CSL Offshore OI, and CSL Preferred Holdings, the “CSL Funds”) are members of CSL Preferred Holdings. CSL Energy Opportunity GP II, LLC (“CSL GP II”) is (i) the general partner of CSL
OII and (ii) the managing member of CSL HII.
CSL Capital Management, L.P. (“CSL Capital Management”) is the investment advisor to the CSL
Funds. CSL CM GP, LLC (“CSL CM GP”) is the general partner of CSL Capital Management. Leykum is the managing member of each of CSL GP I, CSL GP II and CSL CM GP.
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