SEC Form 4 · accession 0001104659-15-075005
EnLink Midstream Partners, LP · ENLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
ENLINK MIDSTREAM, INC.
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 | Oct 29, 2015 | P$0 | 2,849,100 | — | A | 20,280,252 | D |
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") pursuant to which the Issuer sold 2,849,100 Common Units of the Issuer to EMI in exchange for $50,000,000 in cash.
Remarks
EMI has the right to appoint all of the directors of EnLink Midstream GP, LLC, the general partner of the Issuer and therefore may be deemed a director by deputization. Additionally, EMI is part of a group that includes EnLink Midstream, LLC, 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. EMI disclaims beneficial ownership of any securities other than those reported above.