Statement of Beneficial Ownership (sc 13d)
January 23 2023 - 5:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
Vitesse
Energy, Inc.
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
(Title of class of securities)
92852X 103
(CUSIP
number)
Joseph S. Steinberg
c/o Vitesse Energy, Inc.
9200 E. Mineral Avenue, Suite 200
Centennial, Colorado 80112
(Name, address and telephone number of person authorized to receive notices and communications)
January 13, 2023
(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
Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐.
Note: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits.
The information required on the remainder of this cover page shall not be deemed to be filed for the purposes of Section 18 of the Securities
Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act.
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1 |
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Name of Reporting Person:
Joseph S. Steinberg |
2 |
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CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP: (a) ☐ (b) ☐
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3 |
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SEC USE ONLY
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4 |
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SOURCE OF FUNDS:
N/A |
5 |
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CHECK IF DISCLOSURE OF
LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
☐ |
6 |
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CITIZENSHIP OR PLACE OF
ORGANIZATION: United
States |
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NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH: |
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7 |
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SOLE VOTING POWER:
2,580,154 |
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8 |
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SHARED VOTING POWER:
12,589 |
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9 |
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SOLE DISPOSITIVE POWER:
2,580,154 |
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10 |
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SHARED DISPOSITIVE POWER:
12,589 |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,592,743 |
12 |
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CHECK IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ☐ |
13 |
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PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11): 9.2% |
14 |
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TYPE OF REPORTING
PERSON: IN |
This Statement on Schedule 13D (the Schedule 13D) is filed by Joseph S.
Steinberg (the Reporting Person) with respect to the Common Stock, par value $0.01 per share (the Common Stock), of Vitesse Energy, Inc., a Delaware corporation (the Company or
Vitesse).
Item 1. |
Security and Issuer. |
The Schedule 13D provides information on the Reporting Persons beneficial ownership of Common Stock of the Company. The address of
the Companys principal executive offices is 9200 E. Mineral Avenue, Suite 200, Centennial, Colorado 80112.
Item 2. |
Identity and Background. |
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(a) |
This Schedule 13D is filed by Joseph S. Steinberg. |
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(b) |
The business address of the Reporting Person is c/o Vitesse Energy, Inc., 9200 E. Mineral Avenue, Suite 200,
Centennial, Colorado 80112. |
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(c) |
The Reporting Persons principal occupation is Chairman of the Board of Directors of Jefferies Financial
Group Inc. (Jefferies). |
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(d) |
During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors). |
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(e) |
During the last five years, the Reporting Person was not a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of any such proceeding was not 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. |
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(f) |
The Reporting Person is a citizen of the United States. |
Item 3. |
Source and Amount of Funds or Other Consideration. |
The Common Stock was acquired by the Reporting Person as a dividend from Jefferies, in Jefferies
spin-off of its then-subsidiary Vitesse, completed January 13, 2023. The Reporting Person paid no consideration for the shares of Common Stock received in the
spin-off.
Item 4. |
Purpose of Transaction. |
The responses to Items 3 and 5(a) and (b) are incorporated by reference. The Reporting Person may, in the future, from time to time
explore the feasibility of (including through discussions with the Company) acquiring or disposing of, and may acquire or dispose of, shares of the Companys Common Stock in private transactions (including transactions with the Company or its
affiliates), open market transactions or otherwise, subject to and depending, as appropriate, upon availability at prices deemed favorable by the Reporting Person. The Reporting Person may also receive awards of stock options, restricted stock,
restricted stock units or other awards that could result in acquisitions of shares of Common Stock, as compensation for service as a director of the Company.
Item 5. |
Interest in Securities of the Issuer. |
(a) and (b):
Because fractional shares will not
be received by the Reporting Person, in reporting share numbers in this Schedule 13D it is assumed that no fractional shares will be delivered to any account. Share numbers may vary slightly from those reported based on the procedures for dealing
with fractional shares of the brokers or other financial institutions that maintain share accounts of the Reporting Person.
The Reporting
Person beneficially owned 2,592,743 shares of Common Stock as of January 13, 2023. At that date, the Reporting Person had sole voting and sole dispositive power over 2,580,154 shares, consisting of 287,038 shares held directly, 2,283,141 shares
held by corporations wholly owned by the Reporting Person, family trusts or corporations wholly owned by family trusts, and 9,975 shares held in a charitable trust. Shares of Common Stock over which the Reporting Person may have been deemed to have
shared voting and shared dispositive power were 12,589 shares held by the Reporting Persons spouse. Based on shares of Common Stock outstanding following the spin-off at January 13, 2023, the
Reporting Person beneficially owned 9.2% of the outstanding class of Common Stock.
(c) |
The responses to Items 3 and 5(a) and (b) are incorporated by reference. |
(d) and (e): Not applicable.
Item 6. |
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
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Not applicable.
Item 7. |
Material to be Filed as Exhibits. |
Not applicable.
SIGNATURE
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: January 20, 2023
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/s/ Joseph S. Steinberg |
Joseph S. Steinberg |
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