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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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): January 3, 2001
COHO ENERGY, INC.
(Exact name of registrant
as specified in its charter)
TEXAS 0-22576 75-2488635
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
14785 PRESTON ROAD, SUITE 860, DALLAS, TEXAS 75240
(Address of principal executive offices)
Registrant's telephone number, including area code: (972) 774-8300
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ITEM 5. OTHER EVENTS
Coho Energy, Inc. is filing this Report on Form 8-K for the purpose of
updating the description of its securities registered under the Securities
Exchange Act of 1934, as amended (Commission File No. 0-22576), which was
originally set forth in the registration statement on Form 8-B of Coho Energy,
Inc. dated October 12, 1993, to read in its entirety as follows:
Description of Coho Energy, Inc. Capital Stock
The description of our capital stock set forth below is not complete
and is qualified by reference to our certificate of incorporation and bylaws.
Copies of our certificate of incorporation and bylaws are available from Coho
Energy upon request and both documents have been filed with the Securities and
Exchange Commission.
OUR AUTHORIZED CAPITAL STOCK
Our authorized capital stock consists of 50,000,000 shares of common
stock, par value $0.01 per share, and 10,000,000 shares of preferred stock, par
value $0.01 per share. At December 31, 2000, 18,714,175 shares of common stock
were outstanding and no shares of preferred stock were outstanding.
DESCRIPTION OF OUR COMMON STOCK
Holders of shares of common stock
o are entitled to one vote per share in the election of
directors and on all other matters submitted to a vote of
shareholders;
o do not have the right to cumulate their votes in the election
of directors;
o have no redemption or conversion rights and no preemptive or
other rights to subscribe for our other securities in the
event of our liquidation, dissolution or winding up;
o upon our liquidation, dissolution or winding up, are entitled
to share equally and ratably in all of the assets remaining,
if any, after satisfaction of all of our debts and liabilities
and the preferential rights of any series of preferred stock
then outstanding; and
o have an equal and ratable right to receive dividends, when, as
and if declared by the board of directors out of funds legally
available therefor and only after payment of, or provision
for, full dividends on all outstanding shares of any series of
preferred stock and after we have made provision for any
required sinking or purchase funds for series of preferred
stock.
DESCRIPTION OF OUR PREFERRED STOCK
The preferred stock may be issued, from time to time, in one or more
series, and our board of directors, without further approval of the
shareholders, is authorized to fix the dividend rights and terms, redemption
rights and terms, liquidation preferences, conversion rights, voting rights and
sinking fund provisions applicable to each series of preferred stock. If we
issue a series of preferred stock in the future that has voting rights or
preferences over the common stock with respect to the payment of dividends and
upon our liquidation, dissolution or winding up, the rights of the holders of
the common stock offered may be adversely affected. The issuance of shares of
preferred stock could be used in an attempt to prevent an acquisition of us. We
have no present intention to issue any shares of preferred stock.
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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 thereunto duly authorized.
COHO ENERGY, INC.
Date: January 3, 2001 By: /s/ MICHAEL MCGOVERN
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Michael McGovern
President and
Chief Executive Officer
