SEC Form 4 · accession 0001560443-15-000033
New Source Energy Partners L.P. · NSLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristian B Kos
Officer — Chairman and CEO · Director
Period of report
Apr 27, 2015
Accepted (ET)
Apr 28, 2015 · 6:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001560443
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Apr 27, 2015 | A | 107,640 | $0.00 | A | 790,402 | I | Through Deylau, LLC |
| Common Units | holding | — | — | — | 241,975 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 27, 2015, the issuer's 155,102 general partner units were cancelled and exchanged for 155,102 common units, in order to eliminate the economic interest associated with the general partner units. The issuer's general partner immediately distributed the common units received upon such exchange to its members in proportion to their respective ownership interests in the general partner. As a result of its 69.4% limited liability company interest in the general partner, Deylau, LLC received 107,640 common units via this distribution.