SEC Form 4 · accession 0001429856-15-000003
Sanchez Midstream Partners LP · SNMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles C Ward
Officer — CFO & Treasurer
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 12:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001362705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Class B) of Sanchez Production Partners LLCF1 | Mar 6, 2015 | J | 373,502 | — | D | 0 | D | |
| Common Units of Sanchez Production Partners LPF1 | Mar 6, 2015 | J | 373,502 | — | A | 373,502 | D | |
| Common Units of Sanchez Production Partners LPF2 | Mar 6, 2015 | A | 256,410 | — | A | 629,912 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to a reclassification exempt under Rule 16b-7, on March 6, 2015, each Class B Common Unit of Sanchez Production Partners LLC was converted into a Common Unit of Sanchez Production Partners LP on a one-for-one basis.
- F2Upon the effective time of the conversion of Sanchez Production Partners LLC into the Issuer, the notional units previously granted to the Reporting Person were converted into restricted units of Sanchez Production Partners LP on a one-for-one basis.