SEC Form 4 · accession 0001104659-18-057457
NGL Energy Partners LP · NGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Raymond
Director
Period of report
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001504461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interestsF2 | Sep 14, 2018 | P | 50,000 | $11.0384 | A | 50,000 | D | |
| Common Units representing limited partner interestsF1 | holding | — | — | — | 176,634 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The common units reported herein (the "Common Units") are owned directly by EMG NGL HC, LLC ("EMG NGL HC"). Beneficial ownership of the Common Units is being reported by John T. Raymond (the "Reporting Person") solely in his capacity as the Chief Executive Officer and Managing Partner of NGP MR GP, LLC, the general partner of NGP MR, LP, the general partner of NGP Midstream & Resources, LLC, a member holding a majority interest in EMG NGL HC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of the Common Units in this Form 4 shall not be deemed an admission of beneficial ownership of all of the reported Common Units for purposes of Section 16 or for any other purpose.
- F2The price is the weighted average price for the Common Units reported on this line. The range of prices from the transactions reported on this line is between $11.025 and $11.05. Complete information regarding the number of Common Units purchased at each separate price will be provided upon request by the Commission Staff, the issuer or a security holder of the issuer.