|
UNITED STATES
|
|||||||||
|
SECURITIES AND EXCHANGE COMMISSION
|
|||||||||
|
Washington, DC 20549
|
|||||||||
|
SCHEDULE 13G/A
|
|||||||||
|
Under the Securities Exchange Act of 1934
|
|||||||||
|
(Amendment No.3)*
|
|||||||||
|
TEEKAY TANKERS LTD CLASS A
|
|||||||||
|
(Name of Issuer)
|
|||||||||
|
Common Stock
|
|||||||||
|
(Title of Class of Securities)
|
|||||||||
|
Y8565N102
|
|||||||||
|
(CUSIP Number)
|
|||||||||
|
12/31/2016
|
|||||||||
|
(Date of Event Which Requires Filing of this Statement)
|
|||||||||
|
Check the appropriate box to designate the rule pursuant to which this Schedule is
|
|||||||||
|
filed:
|
|||||||||
|
T
|
Rule 13d-1(b)
|
||||||||
|
£
|
Rule 13d-1(c)
|
||||||||
|
£
|
Rule 13d-1(d)
|
||||||||
|
|
|
|
|||||||
|
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form
|
|||||||||
|
with respect to the subject class of securities, and for any subsequent amendment containing
|
|||||||||
|
information which would alter the disclosures provided in a prior cover page.
|
|||||||||
|
The information required in the remainder of this cover page shall not be deemed to be ''filed'' for the
|
|||||||||
|
purpose of Section 18 of the Securities Exchange Act of 1934 (''Act'') or otherwise subject to the
|
|||||||||
|
liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
|
|||||||||
|
see the Notes.)
|
|||||||||
|
CUSIP No. Y8565N102
|
13G
|
Page 2 of 6 Pages
|
|||||||
|
1.
|
NAME OF REPORTING PERSON
I.R.S. INDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Huber Capital Management, LLC 20-8441410 |
||||||||
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||||||||
|
(a)
|
£
|
||||||||
|
(b)
|
£
|
||||||||
|
3.
|
SEC USE ONLY
|
||||||||
|
4.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, U.S.A. |
||||||||
|
NUMBER OF
SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5.
|
SOLE VOTING POWER
|
|||||||
|
8,301,070
|
|||||||||
|
6.
|
SHARED VOTING POWER
|
||||||||
|
0
|
|||||||||
|
7.
|
SOLE DISPOSITIVE POWER
|
||||||||
|
19,539,671
|
|||||||||
|
8.
|
SHARED DISPOSITIVE POWER
|
||||||||
|
0
|
|||||||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON |
||||||||
|
19,539,671
|
|||||||||
|
10.
|
CHECK BOX IF THE AGGREGRATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |
||||||||
|
|
£
|
||||||||
|
11.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.71% (see reponse to Item 4) |
||||||||
|
12.
|
TYPE OF REPORTING PERSON* (see instructions)
IA |
||||||||
|
*SEE INSTRUCTIONS BEFORE FILLING OUT
|
|||||||||
|
Page 3 of 6 Pages
|
|||||||||
|
Item 1(a).
|
Name of Issuer:
|
||||||||
|
TEEKAY TANKERS LTD CLASS A
|
|||||||||
|
Item 1(b).
|
Address of Issuer's Principal Executive Offices:
|
||||||||
|
69 Pitts Bay Road, Belvedere Building 4th Floor
|
|||||||||
|
Hamilton, Bermuda HM08
|
|||||||||
|
Item 2(a).
|
Name of Persons Filing:
|
||||||||
|
Item 2(b).
|
Address of Principal Business Office, or if None, Residence:
|
||||||||
|
Item 2(c).
|
Citizenship
|
||||||||
|
Huber Capital Management, LLC
|
|||||||||
|
2321 Rosecrans Ave, Suite 3245
|
|||||||||
|
El Segundo, CA 90245
|
|||||||||
|
(Delaware)
|
|||||||||
|
Item 2(d).
|
Title of Class of Securities:
|
||||||||
|
Common Stock
|
|||||||||
|
Item 2(e).
|
CUSIP Number:
|
||||||||
|
Y8565N102
|
|||||||||
|
Page 4 of 6 Pages
|
|||||||||
|
Item 3.
|
If This Statement Is Filed Pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c),
|
||||||||
|
Check Whether the Person Filing is a:
|
|||||||||
|
(a)
|
£
|
Broker or dealer registered under Section 15 of the Exchange
|
|||||||
|
Act (15 U.S.C 78o).
|
|||||||||
|
(b)
|
£
|
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
|
|||||||
|
(c)
|
£
|
Insurance company as defined in Section 3(a)(19) of the
|
|||||||
|
Exchange Act (15 U.S.C. 78c).
|
|||||||||
|
(d)
|
£
|
Investment company registered under Section 8 of the
|
|||||||
|
Investment Company Act of 1940 (15 U.S.C. 80a-8).
|
|||||||||
|
(e)
|
T
|
An investment adviser in accordance with §240.13d-
|
|||||||
|
1(b)(1)(ii)(E).
|
|||||||||
|
(f)
|
£
|
An employee benefit plan or endowment fund in accordance
|
|||||||
|
with §240.13d-1(b)(1)(ii)(F).
|
|||||||||
|
(g)
|
£
|
A parent holding company or control person in accordance
|
|||||||
|
with §240.13d-1(b)(1)(ii)(G).
|
|||||||||
|
(h)
|
£
|
A savings association as defined in Section 3(b) of the Federal
|
|||||||
|
Deposit Insurance Act (12 U.S.C. 1813);
|
|||||||||
|
(i)
|
£
|
A church plan that is excluded from the definition of an
|
|||||||
|
investment company under Section 3(c)(14) of the Investment
|
|||||||||
|
Company Act of 1940 (15 U.S.C. 80a-3);
|
|||||||||
|
(j)
|
£
|
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
|
|||||||
|
If this statement is filed pursuant to Rule 13d-1 (c), check this box.
|
£
|
||||||||
|
Item 4. Ownership
|
|||||||||
|
Provide the following information regarding the aggregate number and percentage
|
|||||||||
|
of the class of securities of the issuer identified in Item 1.
|
|||||||||
|
(a)
|
Amount beneficially owned:
|
19,539,671
|
|||||||
|
(b)
|
Percent of class:
|
14.71%
|
|||||||
|
(c)
|
Number of shares as to which such person has:
|
||||||||
|
(i) Sole power to vote or to direct the vote:
|
8,301,070
|
||||||||
|
(ii) Shared power to vote or to direct the vote:
|
0
|
||||||||
|
(iii) Sole power to dispose or to direct the disposition of:
|
19,539,671
|
||||||||
|
(iv) Shared power to dispose or to direct the disposition of:
|
none
|
||||||||
|
Page 5 of 6 Pages
|
|||||||||
|
Item 5.
|
Ownership of Five Percent or Less of a Class
|
||||||||
|
If this statement is being filed to report the fact that as of the date hereof the
|
|||||||||
|
reporting person has ceased to be the beneficial owner of more than five percent
|
|||||||||
|
of the class of securities, check the following
|
£
|
||||||||
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
||||||||
|
If any other person is known to have the right to receive or the power to direct
|
|||||||||
|
the receipt of dividends from, or the proceeds from the sale of, such
|
|||||||||
|
securities, a statement to that effect should be included in response to this
|
|||||||||
|
item and, if such interest relates to more than five percent of the class, such
|
|||||||||
|
person should be identified. A listing of the shareholders of an investment
|
|||||||||
|
company registered under the Investment Company Act of 1940 or the
|
|||||||||
|
beneficiaries of employee benefit plan, pension fund or endowment fund is not
|
|||||||||
|
required.
|
|||||||||
|
Not applicable.
|
|||||||||
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security
|
||||||||
|
Being Reported on by the Parent Holding Company.
|
|||||||||
|
Not applicable.
|
|||||||||
|
Item 8.
|
Identification and Classification of Members of the Group.
|
||||||||
|
Not applicable.
|
|||||||||
|
Item 9.
|
Notice of Dissolution of Group.
|
||||||||
|
Not applicable.
|
|||||||||
|
Item 10.
|
Certification.
|
||||||||
|
By signing below I certify that, to the best of my knowledge and belief, the
|
|||||||||
|
securities referred to above were acquired and are held in the ordinary course of
|
|||||||||
|
business and were not acquired and are not held for the purpose of or with the
|
|||||||||
|
effect of changing or influencing the control of the issuer of the securities and
|
|||||||||
|
were not acquired and are not held in connection with or as a participant in any
|
|||||||||
|
transaction having that purpose or effect.
|
|||||||||
|
Page 6 of 6 Pages
|
|||||||||
|
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 this 13th day of February, 2017
|
|||||||||
|
Huber Capital Management, LLC
|
|||||||||
|
By:/s/ Gary Thomas
|
|||||||||
|
Gary Thomas
|
|||||||||
|
Principal, COO/CCO
|
|||||||||