SEC Form 4 · accession 0001209191-15-073385

Crestwood Equity Partners LP · CEQP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Sep 30, 2015

Accepted (ET)

Oct 2, 2015 · 5:06 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001136352

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Units^F1,F2,F3	Sep 30, 2015	A	127,931	—	A	193,279	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Units^F2,F3,F4,F5	—	Sep 30, 2015	A	52,356	A	—	—	Common Units	52,356	95,026	D

F1Includes restricted units acquired pursuant to the Merger Agreement.
F2On September 30, 2015, the unitholders of Crestwood Midstream Partners LP ("CMLP") approved the Agreement and Plan of Merger dated as of May 5, 2015 (the "Merger Agreement"), by and among Crestwood Equity Partners LP ("CEQP"), Crestwood Equity GP LLC, CEQP St Sub LLC, MGP GP, LLC, Crestwood Midstream Holdings LP, Crestwood Midstream Partners LP, Crestwood Midstream GP LLC and Crestwood Gas Services GP, LLC. As a result of the merger, each common unit of CMLP issued and outstanding immediately prior to the effective time of the merger was converted into 2.75 common units of CEQP.
F3On the effective date of the merger, the closing sales price of CMLP common units on the NYSE was $6.18 and the closing sales price of CEQP common units on the NYSE was $2.28.
F4Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP.
F5The forfeiture restrictions on the phantom units shall lapse, and the phantom units shall vest and convert to an equal number of common units on the third (3rd) anniversary of the grant date.