SEC Form 4 · accession 0000903423-16-001226
EnLink Midstream Partners, LP · ENLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 11, 2016
Accepted (ET)
Aug 12, 2016 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001179060
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Cumulative Convertible Preferred UnitsF1,F2,F3,F4 | — | Aug 11, 2016 | J | 1,083,589 | A | — | — | Common Units | 1,083,589 | 52,076,034 | I |
Explanation of responses
- F1On August 11, 2016, EnLink MidStream Partners, LP (the "Issuer") issued to Enfield Holdings, L.P. ("Enfield Holdings") 1,083,589 Series B Cumulative Convertible Preferred Units (the "Series B Preferred Units") as payment for the quarterly distribution declared on the Series B Preferred Units. The Series B Preferred Units are convertible into Common Units of the Issuer on a one-for-one basis (subject to certain adjustments) at any time from the business day following the record date established by the Issuer's general partner for the Issuer's quarterly distribution for the second quarter of 2017.
- F2Enfield Holdings Advisors, Inc. ("Enfield Holdings Advisors" and, together with Enfield Holdings, the "Reporting Persons") is the general partner of Enfield Holdings, which directly holds the Series B Preferred Units reported herein.
- F3Affiliates of The Goldman Sachs Group, Inc. and affiliates of TPG Global, LLC own interests in Enfield Holdings Advisors and are making separate Form 4 filings.
- F4Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.
Remarks
(5) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.