SEC Form 4 · accession 0001104659-15-075004
EnLink Midstream Partners, LP · ENLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
EnLink Midstream, LLC
Director · 10% Owner
Period of report
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 6:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001179060
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1,F2 | Oct 29, 2015 | P$0 | 2,849,100 | — | A | 88,528,451 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 29, 2015, the Issuer entered into and consummated a Common Unit Purchase Agreement with EnLink Midstream, Inc. ("EMI"), a wholly owned subsidiary of EnLink Midstream, LLC ("EnLink Midstream"), pursuant to which the Issuer sold 2,849,100 Common Units of the Issuer to EMI in exchange for $50,000,000 in cash.
- F220,280,252 Common Units are held of record by EMI and 68,248,199 Common Units are held of record by Acacia Natural Gas Corp I, Inc., a wholly owned subsidiary of EnLink Midstream.
Remarks
Because EMI, a wholly owned subsidiary of EnLink Midstream, has the right to appoint all of the directors of EnLink Midstream GP, LLC, the general partner of the Issuer, EnLink Midstream may be deemed a director by deputization. Additionally, EnLink Midstream is part of a group that includes Acacia, EMI, EnLink Midstream Manager, LLC, Devon Energy Corporation ("Devon") and certain of Devon's wholly-owned subsidiaries that collectively own more than 10% of the outstanding units of the Issuer. EnLink Midstream disclaims beneficial ownership of any securities other than those reported above.