SEC Form 4 · accession 0001104659-15-060408
Emerge Energy Services LP · EMES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ted W Beneski
Director · 10% Owner
Period of report
Aug 13, 2015
Accepted (ET)
Aug 17, 2015 · 6:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555177
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON UNITSF1 | Aug 13, 2015 | P | 32,567 | $16.7298 | A | 595,941 | D | |
| COMMON UNITSF2 | Aug 13, 2015 | P | 97,433 | $17.3896 | A | 693,374 | D | |
| COMMON UNITSF3 | Aug 14, 2015 | P | 80,000 | $17.2593 | A | 773,374 | D | |
| COMMON UNITSF4 | holding | — | — | — | 7,168,545 | I | BY LLC | |
| COMMON UNITS | holding | — | — | — | 13,761 | I | BY TRUST #1 | |
| COMMON UNITS | holding | — | — | — | 13,761 | I | BY TRUST #2 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The units were acquired in multiple transactions at prices ranging from $16.36 to $16.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units acquired at each separate price within the ranges set forth in this footnote.
- F2The price reported in Column 4 is a weighted average price. The units were acquired in multiple transactions at prices ranging from $17.155 to $17.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units acquired at each separate price within the ranges set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. The units were acquired in multiple transactions at prices ranging from $16.94 to $17.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units acquired at each separate price within the ranges set forth in this footnote.
- F4Held by Insight Equity Management Company LLC ("Insight Equity"). See remarks.
Remarks
The Reporting Person is a Director of Emerge Energy Services GP LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner. The Reporting Person is also a controlling equity owner of Insight Equity, which owns a controlling interest in Emerge Energy Services Holdings LLC, which owns the General Partner. The Reporting Person disclaims beneficial ownership of any common units held by the General Partner or Insight Equity, except to the extent of his pecuniary interest therein.