UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
VAALCO Energy, Inc.
(Name of Issuer)
Common Stock, $0.10 par value per share
(Title of Class of Securities)
91851C201
(CUSIP Number)
Fred Coats
Kornitzer Capital Management, Inc.
5420 W. 61st Place
Mission, Kansas 66205
(913) 677-7778
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 23, 2016
(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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. See Rule.13d-7 for other
parties to whom copies are to be sent.
* 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
disclosures provided in a prior cover page.
The information required on 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).
1. Names of Reporting Persons.
Kornitzer Capital Management, Inc. ("KCM")
2.Check the Appropriate Box if a Member of a Group
(a)
(b)
3. SEC Use Only
4. Source of Funds
OO
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e)
6. Citizenship or Place of Organization
Kansas
Number of Shares
Beneficially
Owned by
Each Reporting
Person With:
7. Sole Voting Power
5,252,525
8. Shared Voting Power
0
9. Sole Dispositive Power
282,000
10. Shared Dispositive Power
4,970,525
11. Aggregate Amount Beneficially Owned by Each Reporting Person
5,252,525
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
13. Percent of Class Represented by Amount in Row (11)
8.96%
14. Type of Reporting Person
IA
The following constitutes Amendment No. 1 to the Schedule 13D filed by
the undersigned. This Amendment No. 1 amends the Schedule 13D as
specifically set forth herein.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 is amended and restated as follows:
The source of the funds used in making the purchases of the Shares was
investment advisory clients' personal funds. The amount of funds was
$16,128,665.71.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is amended and restated as follows:
(a) The Reporting Person beneficially owns 5,252,525 shares which
represents 8.96% of the total outstanding shares of the Issuer.
(b) The Reporting Person has the sole power to vote 5,252,525 shares,
the sole power to dispose 282,000 shares, and the shared power to dispose
4,970,525 shares. The power to dispose is shared with Great Plains Trust
Company ("GPTC"), 7700 Shawnee Mission Parkway, Suite 101, Overland Park,
Kansas 66202. The principal business of GPTC is providing trust, pension,
and asset management services. During the last five years, no officer or
director of GPTC has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is 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. All the directors and officers of
GPTC are citizens of the United States of America.
(c) Following are the transactions in the Shares by the Reporting Person
during the past 60 days:
i. 09/26/2016 sell 350 shares 0.8395 per share open market trade
ii. 09/27/2016 buy 3,000 shares 0.8696 per share open market trade
iii. 09/28/2016 buy 91,000 shares 0.9403 per share open market trade
iv. 09/28/2016 sell 12,565 shares 0.8868 per share open market trade
v. 09/29/2016 buy 5,900 shares 0.9900 per share open market trade
vi. 10/03/2016 buy 1,000 shares 0.9580 per share open market trade
vii. 10/03/2016 sell 1,875 shares 0.9025 per share open market trade
viii.10/04/2016 buy 12,200 shares 0.9600 per share open market trade
ix. 10/06/2016 buy 33,500 shares 0.9585 per share open market trade
x. 10/06/2016 sell 2,275 shares 0.9006 per share open market trade
xi. 10/11/2016 buy 7,200 shares 0.9541 per share open market trade
xii. 10/12/2016 buy 10,800 shares 0.9477 per share open market trade
xiii.10/12/2016 sell 11,800 shares 0.8904 per share open market trade
xiv. 10/13/2016 buy 14,000 shares 0.9401 per share open market trade
xv. 10/14/2016 buy 10,000 shares 0.9300 per share open market trade
xvi. 10/14/2016 sell 800 shares 0.9300 per share open market trade
xvii.10/17/2016 buy 5,000 shares 0.9312 per share open market trade
xviii.10/17/2016sell 8,600 shares 0.8778 per share open market trade
xix. 10/18/2016 buy 15,600 shares 0.8979 per share open market trade
xx. 10/18/2016 sell 3,400 shares 0.8700 per share open market trade
xxi. 10/19/2016 buy 14,700 shares 0.8900 per share open market trade
xxii.10/19/2016 sell 200 shares 0.8700 per share open market trade
xxiii.10/20/2016buy 4,900 shares 0.8870 per share open market trade
xxiv.10/21/2016 buy 34,800 shares 0.8692 per share open market trade
xxv. 10/24/2016 buy 17,500 shares 0.8588 per share open market trade
xxvi.10/25/2016 buy 20,000 shares 0.8407 per share open market trade
xxvii.10/26/2016sell 900 shares 0.8269 per share open market trade
xxviii.10/26/2016buy 10,100 shares 0.8350 per share open market trade
xxix.10/27/2016 sell 3,600 shares 0.8014 per share open market trade
xxx. 10/28/2016 buy 8,200 shares 0.8240 per share open market trade
xxxi.10/31/2016 sell 1,000 shares 0.7900 per share open market trade
xxxii.10/31/2016buy 30,000 shares 0.8074 per share open market trade
xxxiii11/03/2016buy 35,100 shares 0.7773 per share open market trade
xxxiv.11/04/2016buy 23,100 shares 0.7600 per share open market trade
xxxv.11/07/2016 buy 14,661 shares 0.7530 per share open market trade
xxxvi.11/07/2016sell 3,200 shares 0.7003 per share open market trade
xxxvii.11/08/2016buy 4,539 shares 0.7442 per share open market trade
xxxviii.11/08/2016sell 4,400 shares 0.6900 per share open market trade
xxxix.11/09/2016buy 3,200 shares 0.7167 per share open market trade
xl. 11/10/2016 buy 8,100 shares 0.7219 per share open market trade
xli. 11/11/2016 buy 15,500 shares 0.7104 per share open market trade
xlii.11/15/2016 buy 1,500 shares 0.7400 per share open market trade
xliii.11/15/2016sell 1,775 shares 0.7000 per share open market trade
xliv.11/17/2016 buy 2,500 shares 0.7300 per share open market trade
xlv. 11/18/2016 sell 1,000 shares 0.6950 per share open market trade
xlvi.11/21/2016 buy 22,200 shares 0.7499 per share open market trade
xlvii.11/23/201 buy 103,040 shares 0.7804 per share open market trade
xlviii.11/25/2016buy 31,600 shares 0.7800 per share open market trade
xlix.11/25/2016 sell 7,300 shares 0.7529 per share open market trade
(d) No person other than the Reporting 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 the Shares.
(e) 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.
Date: November 28, 2016
KORNITZER CAPITAL MANAGEMENT, INC.
/s/ John C. Kornitzer
By: John C. Kornitzer, President