||represents a transfer of direct ownership to certain limited partners of scf-v, l.p. ("scf-v"). pursuant to the terms of its limited partnership agreement, dated july 1, 2003, scf-v was scheduled to expire. in connection therewith, certain of scf-v's limited partners elected to receive a pro rata distribution of scf-v's shares of the registrant's common stock.
||the remaining shares held by scf-v are held for the benefit of its limited partners who chose to extend the partnership life and leave their shares invested with scf-v. following the distribution reported in this form 4, scf-v, scf 2012a, l.p., a delaware limited partnership ("scf 2012a"), scf-vi, l.p., a delaware limited partnership ("scf-vi"), scf 2012b, l.p., a delaware limited partnership ("scf2012b") and scf-vii, l.p., a delaware limited partnership ("scf-vii"), in the aggregate own 16,913,663 shares of the registrant's common stock. the general partner of scf-v is scf-v, g.p., llc, adelaware limited liability company ("scf-v gp"), the general partner of scf-vi is scf-vi, g.p., limited partnership, a delaware limited partnership ("scf-vi gp") and the general partner of scf-vii isscf-vii, g.p., limited partnership, a delaware limited partnership ("scf-vii gp").
||scf partners, inc.(formerly named l.e. simmons & associates, inc.), a delaware corporation ("scfp") manages each of scf-v gp, scf-vi gp, scf-vii gp, scf 2012a and scf 2012b. mr. baldwin serves as co-president of scfp. l.e.simmons, mr. baldwin, anthony deluca and andrew waite maintain shared voting and dispositive power for the shares beneficially owned by scfp. as such, mr. baldwin may be deemed to have dispositive power over the shares of common stock owned by scf-v, scf 2012a, scf-vi, scf 2012b and scf-vii. mr. baldwin disclaims beneficial ownership of such shares.