SEC Form 4 · accession 0001209191-18-002237
Crestwood Equity Partners LP · CEQP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Somerhalder II
Director
Period of report
Jan 4, 2018
Accepted (ET)
Jan 4, 2018 · 7:00 pm EST
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 | holding | — | — | — | 5,546 | D | ||
| Common UnitsF1 | holding | — | — | — | 2,493 | I | John W. Somerhalder Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF3,F2 | — | Jan 4, 2018 | A | 3,875 | A | — | — | Common Units | 3,875 | 7,006 | D |
Explanation of responses
- F1As a result of the merger effective on September 30, 2015 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, 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. The receipt of these units as a result of the merger were not previously reported.
- F2Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP.
- F3Restricted units granted under the Crestwood Equity Partners LP Long Term Incentive Plan, as amended. The Holder has elected to participate in the Crestwood Equity Partners LP Non-Qualified Deferred Compensation Plan and has elected to defer the vesting on these units until his retirement.