SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

 

Hi-Crush Partners LP

(Name of Issuer)

Common Units representing limited partner interests

(Title of Class of Securities)

428337 109

(CUSIP Number)

August 17, 2015

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.   ¨

 

 

 


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

Hi-Crush Proppants LLC

27-3830770

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    OO

 

(1) Includes 13,640,351 common units representing limited partner interests in Hi-Crush Partners LP (the “Issuer”) issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 2


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

Avista Capital Partners II GP, LLC

26-2708016

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    OO

 

(1) Includes 13,640,351 common units representing limited partner interests in the Issuer issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 3


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

Avista Capital Partners II, L.P.

26-2708127

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    PN

 

(1) Includes 13,640,351 common units representing limited partner interests in the Issuer issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 4


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

Avista Capital Partners (Offshore) II, L.P.

98-0588109

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Bermuda

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    PN

 

(1) Includes 13,640,351 common units representing limited partner interests in the Issuer issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 5


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

Avista Capital Partners (Offshore) II-A, LP

98-0644474

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Bermuda

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    PN

 

(1) Includes 13,640,351 common units representing limited partner interests in the Issuer issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 6


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

ACP HIP Splitter, LP

45-2258843

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    PN

 

(1) Includes 13,640,351 common units representing limited partner interests in the Issuer issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 7


CUSIP No. 428337 109  

 

  1   

Name of reporting person

I.R.S. Identification No. of Reporting Person

 

ACP HIP Splitter (Offshore), LP

45-2259269

  2  

Check the appropriate box if a member of a group

(a):  ¨        (b):  x

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

    OO (See Item 3)

  5  

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or (e)    ¨

 

  6  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

    0

     8   

Shared voting power

 

    13,640,351

     9   

Sole dispositive power

 

    0

   10   

Shared dispositive power

 

    13,640,351

11  

Aggregate amount beneficially owned by each reporting person(1)

 

    13,640,351

12  

Check if the aggregate amount in Row (11) excludes certain shares    ¨

 

13  

Percent of class represented by amount in Row (11)(2)

 

    36.9%

14  

Type of reporting person

 

    PN

 

(1) Includes 13,640,351 common units representing limited partner interests in the Issuer issued upon the conversion of subordinated units representing limited partner interests in the Issuer on a one-for-one basis, effective August 17, 2015, upon the expiration of the subordination period as set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership. As of September 1, 2015, Hi-Crush Proppants LLC also owned all of the incentive distribution rights (which represent the right to receive increasing percentages of quarterly distributions in excess of specified amounts), and may be deemed to be the indirect beneficial owner of the non-economic general partner interest in the Issuer.
(2) Based on 36,958,770 common units outstanding as of September 1, 2015.

 

Page 8


Explanatory Note

This Amendment No. 1 to Schedule 13D (this “Amendment”) of the Reporting Persons (as defined below) amends and supplements the statement on Schedule 13D originally filed by the Reporting Persons on February 17, 2015 (the “Original Schedule 13D”).

 

Item 2. Identity and Background

Item 2 of the Original Schedule 13D is hereby amended and restated in its entirety:

(a), (f) This Amendment is being filed jointly by:

(i) the “Proppants Reporting Person,” consisting of:

 

    Hi-Crush Proppants LLC, a Delaware limited liability company;

and

(ii) the “Avista Reporting Persons,” consisting of:

 

    Avista Capital Partners II GP, LLC, a Delaware limited liability company;

 

    Avista Capital Partners II, L.P., a Delaware limited partnership;

 

    Avista Capital Partners (Offshore) II, L.P., a Bermuda limited partnership;

 

    Avista Capital Partners (Offshore) II-A, LP, a Bermuda limited partnership;

 

    ACP HIP Splitter, LP, a Delaware limited partnership; and

 

    ACP HIP Splitter (Offshore), LP, a Delaware limited partnership.

The Proppants Reporting Person and the Avista Reporting Persons are collectively referred to herein as the “Reporting Persons.”

(b) The principal business office for the Proppants Reporting Person is Three Riverway, Suite 1550, Houston, Texas 77056. The principal business office for each of the Avista Reporting Persons is c/o Avista Capital Partners, 65 East 55th Street, 18th Floor, New York, New York 10022.

(c) Information with respect to the executive officers and directors of each of the Reporting Persons, including name, business address, present principal occupation or employment, the organization in which such employment is conducted and citizenship, is listed on Schedule A attached hereto, which is incorporated in this Amendment by reference.

(d)-(e) During the last five years, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, any executive officer or director of the Reporting Persons, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration

Item 3 of the Original Schedule 13D is hereby amended and supplemented by adding the following:

All of the 13,640,351 issued and outstanding subordinated units representing limited partner interests in the Issuer were converted into common units representing limited partner interests (the “Common Units”) of the Issuer on a one-for-one basis for no additional consideration, effective August 17, 2015, upon the expiration of the subordination period as defined and set forth in the Issuer’s Second Amended and Restated Agreement of Limited Partnership.

 

Page 9


Item 5. Interest in Securities of the Issuer

Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety:

(a)-(b) The percent of class provided for each reporting person below is based on 36,958,770 Common Units outstanding as of September 1, 2015.

 

  1. Hi-Crush Proppants LLC

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

 

  2. Avista Capital Partners II GP, LLC

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

 

  3. Avista Capital Partners II, L.P.

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

 

  4. Avista Capital Partners (Offshore) II, L.P.

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

 

Page 10


  5. Avista Capital Partners (Offshore) II-A, LP

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

 

  6. ACP HIP Splitter, LP

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

 

  7. ACP HIP Splitter (Offshore), LP

 

  a. Amount beneficially owned: 13,640,351

 

  b. Percent of class: 36.9%

 

  c. Number of units as to which the person has:

 

  i. Sole power to vote or to direct the vote: 0

 

  ii. Shared power to vote or to direct the vote: 13,640,351

 

  iii. Sole power to dispose or to direct the disposition of: 0

 

  iv. Shared power to dispose or to direct the disposition of: 13,640,351

The Reporting Persons beneficially own 13,640,351 Common Units as of September 1, 2015. Avista Capital Partners II, LP, Avista Capital Partners (Offshore) II-A, LP and Avista Capital Partners (Offshore) II, L.P own 58% of the membership interests of Hi-Crush Proppants LLC through ACP HIP Splitter, LP and ACP HIP Splitter (Offshore), LP. Each of Avista Capital Partners II, LP, Avista Capital Partners (Offshore) II-A, LP and Avista Capital Partners (Offshore) II, L.P. is controlled by Avista Capital Partners II GP, LLC, its general partner. The Avista Reporting Persons may therefore be deemed to beneficially own securities of the Issuer owned directly or indirectly by Hi-Crush Proppants LLC.

(c) Not applicable.

(d) Not applicable.

(e) Not applicable.

 

Page 11


SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete and correct.

Dated: September 1, 2015

 

HI-CRUSH PROPPANTS LLC
By:  

/s/ Mark C. Skolos

Name:   Mark C. Skolos
Title:   General Counsel and Secretary
AVISTA CAPITAL PARTNERS II GP, LLC
By:  

/s/ Ben Silbert

Name:   Ben Silbert
Title:   General Counsel
AVISTA CAPITAL PARTNERS II, L.P.
By:   Avista Capital Partners II GP, LLC,
  its general partner
By:  

/s/ Ben Silbert

Name:   Ben Silbert
Title:   General Counsel
AVISTA CAPITAL PARTNERS (OFFSHORE) II, L.P.
By:   Avista Capital Partners II GP, LLC,
  its general partner
By:  

/s/ Ben Silbert

Name:   Ben Silbert
Title:   General Counsel
AVISTA CAPITAL PARTNERS (OFFSHORE) II-A, L.P.
By:   Avista Capital Partners II GP, LLC,
  its general partner
By:  

/s/ Ben Silbert

Name:   Ben Silbert
Title:   General Counsel

 

[Signature Page – Schedule 13D/A]


ACP HIP SPLITTER, LP
By:   Avista Capital Partners II, L.P.,
  its general partner
By   Avista Capital Partners II GP, LLC,
  its general partner
By:  

/s/ Ben Silbert

Name:   Ben Silbert
Title:   General Counsel
ACP HIP SPLITTER (OFFSHORE), LP
By:   Avista Capital Partners II, L.P.,
  its general partner
By:   Avista Capital Partners II GP, LLC,
  its general partner
By:  

/s/ Ben Silbert

Name:   Ben Silbert
Title:   General Counsel

 

[Signature Page – Schedule 13D/A]


SCHEDULE A

The name and business address of each of the executive officers and directors of the Reporting Persons are set forth below. The present principal occupation or employment of each of the executive officers and directors of the Reporting Persons also set forth below (outside of similar positions held with respect to other entities directly or indirectly managed or advised by the Issuer or the Reporting Persons).

Avista Capital Partners II GP, LLC

 

Name

  

Present Principal Occupation or Employment

   Business
Address
    Citizenship    Amount of
Common Units
Beneficially
Owned
 
Thompson Dean   

Co-Chief Executive Officer of Avista Capital Partners

          (1)    United States      —     
Steven Webster   

Co-Chief Executive Officer of Avista Capital Partners

          (2)    United States      —     
David Burgstahler   

President of Avista Capital Partners

          (1)    United States      —     
David Durkin   

Partner of Avista Capital Partners

          (1)    United States      —     
Brendan Scollans   

Partner of Avista Capital Partners

          (1)    United States      —     
Sriram Venkataraman   

Partner of Avista Capital Partners

          (1)    United States      —     
Benjamin Silbert   

Secretary and General Counsel of Avista Capital Partners

          (1)    United States      —     
John Cafasso   

Chief Financial Officer of Avista Capital Partners

          (1)    United States      —     
Jeff Gunst   

Principal of Avista Capital Partners

          (2)    United States      —     
Greg Evans   

Principal of Avista Capital Partners

          (2)    United States      —     

 

(1) c/o Avista Capital Partners, 65 East 55th Street, 18th Floor, New York, New York 10022.
(2) c/o Avista Capital Partners, 1000 Louisiana St., Suite 3700, Houston, Texas 77002.

Avista Capital Managing Member, LLC

 

Name

  

Present Principal Occupation or Employment

   Business
Address
    Citizenship    Amount of
Common Units
Beneficially
Owned
 
Thompson Dean   

Co-Chief Executive Officer of Avista Capital Partners

          (1)    United States      —     
Steven Webster   

Co-Chief Executive Officer of Avista Capital Partners

          (2)    United States      —     
David Burgstahler   

President of Avista Capital Partners

          (1)    United States      —     
David Durkin   

Partner of Avista Capital Partners

          (1)    United States      —     
Brendan Scollans   

Partner of Avista Capital Partners

          (1)    United States      —     
Sriram Venkataraman   

Partner of Avista Capital Partners

          (1)    United States      —     
Benjamin Silbert   

Secretary and General Counsel of Avista Capital Partners

          (1)    United States      —     
John Cafasso   

Chief Financial Officer of Avista Capital Partners

          (1)    United States      —     
Jeff Gunst   

Principal of Avista Capital Partners

          (2)    United States      —     
Greg Evans   

Principal of Avista Capital Partners

          (2)    United States      —     

 

(1) c/o Avista Capital Partners, 65 East 55th Street, 18th Floor, New York, New York 10022.
(2) c/o Avista Capital Partners, 1000 Louisiana St., Suite 3700, Houston, Texas 77002.


Hi-Crush Proppants LLC

 

Name

  

Present Principal Occupation or Employment

   Business
Address
    Citizenship    Amount of
Common Units
Beneficially
Owned
 
Robert Rasmus   

Co-Chief Executive Officer and Director of Hi-Crush

          (1)    United States      58,689   
James Whipkey   

Co-Chief Executive Officer and Director of Hi-Crush

          (1)    United States      100   
Jay Alston   

Chief Operating Officer and Director of Hi-Crush

          (1)    United States      —     
Laura Fulton   

Chief Financial Officer of Hi-Crush

          (1)    United States      11,000   
Mark Skolos   

General Counsel and Secretary of Hi-Crush

          (1)    United States      —     
Steven Webster   

Co-Chief Executive Officer of Avista Capital Partners

          (2)    United States      —     
John Huff   

Chairman of Oceaneering International. Inc.

          (3)    United States      152,969   
Trevor Turbidy   

Energy Industry Advisor of Avista Capital Partners

          (2)    United States      —     
Greg Evans   

Principal of Avista Capital Partners

          (2)    United States      —     

 

(1) c/o Hi-Crush Proppants LLC, Three Riverway, Suite 1550, Houston, Texas 77056.
(2) c/o Avista Capital Partners, 1000 Louisiana St., Suite 3700, Houston, Texas 77002.
(3) 11911 FM 529, Houston, Texas 77041.