SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 4)
Under the Securities Exchange Act of 1934*
Carrizo Oil & Gas, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
144577 10 3
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(CUSIP Number)
Paul B. Loyd, Jr.
Carrizo Oil & Gas, Inc.
14701 St. Mary's Lane, Suite 800
Houston, Texas 77079
(281) 496-1352
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 30, 2003
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(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 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 should 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).
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CUSIP No. 144577 10 3
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul B. Loyd, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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7 SOLE VOTING POWER
1,355,299 Shares (92,006 of which are issuable upon the
exercise of a warrant and 20,000 of which are issuable
upon the exercise of certain options)
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8 SHARED VOTING POWER
NUMBER OF
SHARES 0 Shares
BENEFICIALLY
OWNED BY ---------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,355,299 Shares (92,006 of which are issuable upon the
WITH exercise of a warrant and 20,000 of which are issuable
upon the exercise of certain options)
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10 SHARED DISPOSITIVE POWER
0 Shares
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,355,299 Shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
9.4%
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14 TYPE OF REPORTING PERSON*
IN
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INTRODUCTORY NOTE.
This Amendment No. 4 to Schedule 13D is being filed on behalf
Paul B. Loyd, Jr. ("Mr. Loyd") to supplement certain information set forth in
the Schedule 13D relating to securities of Carrizo Oil & Gas, Inc., a Texas
corporation (the "Company"), originally filed by Mr. Loyd on August 21, 1997 and
amended by Amendment No. 1 dated January 8, 1998, Amendment No. 2 dated December
15, 1999 and Amendment No. 3 dated February 20, 2002 (as so amended, the
"Original Statement"), with respect to the Common Stock, par value $.01 per
share (the "Common Stock"), of the Company. Unless otherwise indicated, each
capitalized term used but not defined herein shall have the meaning assigned to
such term in the Original Statement.
Item 4. Purpose of Transaction
On December 30, 2002, Mr. Loyd donated 77,175 shares of Common
Stock as a charitable gift.
On September 24, 2003, Mr. Loyd sold on the Nasdaq Stock Market:
3,100 shares of Common Stock for an aggregate sales price of $22,022 ($7.10 per
share, including commissions; $7.03 per share, excluding commissions); 40,900
shares of Common Stock for an aggregate sales price of $296,525 ($7.25 per
share, including commissions; $7.18 per share, excluding commissions); 58,000
shares of Common Stock for an aggregate sales price of $414,700 ($7.15 per
share, including commissions; $7.08 per share, excluding commissions); and
10,000 shares of Common Stock for an aggregate sales price of $72,700 ($7.27 per
share, including commissions; $7.20 per share, excluding commissions).
On September 25, 2003, Mr. Loyd sold on the Nasdaq Stock Market:
5,500 shares of Common Stock for an aggregate sales price of $38,500 ($7.00 per
share, including commissions; $6.85 per share, excluding commissions); 1,077
shares of Common Stock for an aggregate sales price of $7,614.39 ($7.07 per
share, including commissions; $6.92 per share, excluding commissions); 2 shares
of Common Stock for an aggregate sales price of $14.20 ($7.10 per share,
including commissions; $6.95 per share, excluding commissions); 300 shares of
Common Stock for an aggregate sales price of $2,205 ($7.35 per share, including
commissions; $7.28 per share, excluding commissions); 12,900 shares of Common
Stock for an aggregate sales price of $94,170 ($7.30 per share, including
commissions; $7.23 per share, excluding commissions); 3,000 shares of Common
Stock for an aggregate sales price of $21,930 ($7.31 per share, including
commissions; $7.23 per share, excluding commissions); 1,500 shares of Common
Stock for an aggregate sales price of $10,920 ($7.28 per share, including
commissions; $7.21 per share, excluding commissions); 9,500 shares of Common
Stock for an aggregate sales price of $68,970 ($7.26 per share, including
commissions; $7.19 per share, excluding commissions); 18,900 shares of Common
Stock for an aggregate sales price of $137,025 ($7.25 per share, including
commissions; $7.18 per share, excluding commissions) and 600 shares of Common
Stock for an aggregate sales price of $4,338 ($7.23 per share, including
commissions; $7.16 per share, excluding commissions).
On September 30, 2003, Mr. Loyd sold on the Nasdaq Stock Market:
9,100 shares of Common Stock for an aggregate sales price of $64,610 ($7.10 per
share, including commissions; $7.03 per share, excluding commissions); 2,131
shares of Common Stock for an
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aggregate sales price of $15,236.65 ($7.15 per share, including commissions;
$7.08 per share, excluding commissions); 1,500 shares of Common Stock for an
aggregate sales price of $10,785 ($7.19 per share, including commissions; $7.12
per share, excluding commissions); 2,000 shares of Common Stock for an aggregate
sales price of $14,280 ($7.14 per share, including commissions; $7.07 per share,
excluding commissions); and 1,000 shares of Common Stock for an aggregate sales
price of $7,120 ($7.12 per share, including commissions; $7.05 per share,
excluding commissions).
On October 1, 2003, Mr. Loyd sold on the Nasdaq Stock Market:
1,000 shares of Common Stock for an aggregate sales price of $7,070 ($7.07 per
share, including commissions; $7.00 per share, excluding commissions); 2,600
shares of Common Stock for an aggregate sales price of $18,460 ($7.10 per share,
including commissions; $7.03 per share, excluding commissions); and 1,430 shares
of Common Stock for an aggregate sales price of $10,253.10 ($7.17 per share,
including commissions; $7.10 per share, excluding commissions).
On October 9, 2003, Mr. Loyd sold on the Nasdaq Stock Market: 400
shares of Common Stock for an aggregate sales price of $2,864 ($7.16 per share
including commissions; $7.09 per share excluding commissions); 6,460 shares of
Common Stock for an aggregate sales price of $45,866 ($7.10 per share including
commissions; $7.03 per share excluding commissions); 600 shares of Common Stock
for an aggregate sales price of $4,272 ($7.12 per share including commissions;
$7.05 per share excluding commissions); 27,000 shares of Common Stock for an
aggregate sales price of $193,050 ($7.15 per share including commissions; $7.08
per share excluding commissions); 2,600 shares of Common Stock for an aggregate
sales price of $18,408 ($7.08 per share including commissions; $7.01 per share
excluding commissions); 1,500 shares of Common Stock for an aggregate sales
price of $10,770 ($7.18 per share including commissions; $7.11 per share
excluding commissions); 4,600 shares of Common Stock for an aggregate sales
price of $33,028 ($7.20 per share including commissions; $7.13 per share
excluding commissions); and 800 shares of Common Stock for an aggregate sales
price of $5,672 ($7.09 per share including commissions; $7.01 per share
excluding commissions).
Item 5. Interest in Securities of the Issuer
As of November 17, 2003, Mr. Loyd beneficially owns an aggregate
of 1,355,299 shares of Common Stock (approximately 9.4% of the 14,485,557 shares
deemed to be outstanding as of September 30, 2003 (consisting of 14,373,551
shares of Common Stock, 92,006 warrants to purchase Common Stock and 20,000
options that are exercisable within 60 days)). Such ownership does not include
any beneficial ownership that may be attributed to Mr. Loyd as a result of his
being a party to certain Shareholders Agreements described in the Original
Statement.
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After reasonable inquiry and to the best of his knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: November 30, 2003.
/s/ Paul B. Loyd, Jr.
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Paul B. Loyd, Jr.
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