SEC Form 4 · accession 0001209191-15-008769
WILLIAMS PARTNERS L.P. · WPZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
WILLIAMS COMPANIES INC
Director · 10% Owner
WILLIAMS GAS PIPELINE CO LLC
Director · 10% Owner
Period of report
Feb 2, 2015
Accepted (ET)
Feb 3, 2015 · 4:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001483096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1,F2 | Feb 2, 2015 | A | 245,252,440 | — | A | 339,664,088 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 2, 2015, Pursuant to an Agreement and Plan of Merger dated as of October 24, 2014 by and among Access Midstream Partners, L.P. (the "Partnership"), Access Midstream Partners GP, L.L.C., VHMS LLC, Williams Partners L.P. ("Legacy WPZ") and Williams Partners GP LLC, each of the outstanding common units representing limited partner interests in Legacy WPZ held by Williams Gas Pipeline Company, LLC ("WGP") converted into 0.80036 Common Units representing limited partner interests in the Partnership ("ACMP Common Units," and such conversion, the "Merger Exchange"). As a result of the Merger Exchange, the Partnership issued to WGP 245,252,440 ACMP Common Units on February 2, 2015. The Partnership changed its name to Williams Partners L.P. on February 2, 2015.
- F2Giving effect to the Merger Exchange described in footnote 1 above, The Williams Companies, Inc. ("Williams") indirectly beneficially owns (a) 339,664,088 Common Units held by WGP, a wholly owned subsidiary of Williams (b) the incentive distribution rights in the Partnership (c) the 2% general partner interest in the Partnership, and (d) 13,725,843 Class B Units held by WGP, which is all of the Class B Units outstanding.