chk06042008_8k.htm
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 29, 2008


 
CHESAPEAKE ENERGY CORPORATION
(Exact name of Registrant as specified in its Charter)

Oklahoma
  
1-13726
  
73-1395733
(State or other jurisdiction of incorporation)
  
(Commission File No.)
  
(IRS Employer Identification No.)

6100 North Western Avenue, Oklahoma City, Oklahoma
  
73118
(Address of principal executive offices)
  
(Zip Code)

 
(405) 848-8000
  
 
(Registrant’s telephone number, including area code)
  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
*           Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
*           Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
*
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
*
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 

Section 3 – Securities and Trading Markets
 
Item 3.02 Unregistered Sales of Equity Securities
 
Section 5 – Corporate Governance and Management
 
Item 5.03 Amendments to Articles of Incorporation
 
Effective May 29, 2008, Chesapeake Energy Corporation (the “Company”) filed a Certificate of Elimination with the Oklahoma Secretary of State retiring 703,700 shares of its 5.00% Cumulative Convertible Preferred Stock (Series 2005B), par value $0.01 per share (the “2005B Preferred Stock”).  Such shares of 2005B Preferred Stock were acquired by the Company on May 29, 2008 as the result of a privately negotiated exchange of 2,009,064 shares of its common stock, par value $0.01 per share ("Common Stock"), for the 703,700 shares of 2005B Preferred Stock.  The Certificate of Elimination is attached hereto as Exhibit 3.1.
 
Effective May 29, 2008, the Company filed a Certificate of Elimination with the Oklahoma Secretary of State retiring 3 shares of 4.125% Cumulative Convertible Preferred Stock, par value $0.01 per share (the “4.125% Preferred Stock”).  Such shares of 4.125% Preferred Stock were acquired by the Company on May 29, 2008 as the result of a conversion of the 4.125% Preferred Stock into 180 shares of Common Stock by a holder.  The Certificate of Elimination is attached hereto as Exhibit 3.2.
 
Effective June 4, 2008, the Company filed a Certificate of Elimination with the Oklahoma Secretary of State retiring 325,500 shares of its 2005B Preferred Stock.  Such shares of 2005B Preferred Stock were acquired by the Company on June 4, 2008 as the result of a privately negotiated exchange of 926,373 shares of Common Stock for the 325,500 shares of 2005B Preferred Stock.  The Certificate of Elimination is attached hereto as Exhibit 3.3.
 
In each of the transactions referred to above, the issuance of shares of Common Stock was exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 3(a)(9) under the Act.  This exemption applies to any security exchanged by an issuer with its existing security holders exclusively where no commission or other remuneration is paid or given directly or indirectly for soliciting such exchange.
 
Section 9 – Financial Statements and Exhibits
 
Item 9.01 Financial Statements and Exhibits

(d)  
Exhibits

Exhibit No.
  
Document Description
  
       
3.1
  
Certificate of Elimination dated May 29, 2008 - 5.00% Cumulative Convertible Preferred Stock (Series 2005B)
  
       
3.2
  
Certificate of Elimination dated May 29, 2008 – 4.125% Cumulative Convertible Preferred Stock
  
       
3.3
  
Certificate of Elimination dated June 4, 2008 - 5.00% Cumulative Convertible Preferred Stock (Series 2005B)
  
       
       
       
       
       
       


 
 
 

SIGNATURE

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
CHESAPEAKE ENERGY CORPORATION
  
       
 
By:
/s/ Jennifer M. Grigsby  
    Jennifer M. Grigsby  
   
Senior Vice President, Treasurer and Corporate Secretary
  
       
 
Date:                      June 4, 2008


 
 
 


EXHIBIT INDEX


Exhibit No.
  
Document Description
  
       
3.1
  
Certificate of Elimination dated May 29, 2008 - 5.00% Cumulative Convertible Preferred Stock (Series 2005B)
  
       
3.2
  
Certificate of Elimination dated May 29, 2008 – 4.125% Cumulative Convertible Preferred Stock
  
       
3.3
  
Certificate of Elimination dated June 4, 2008 - 5.00% Cumulative Convertible Preferred Stock (Series 2005B)