SEC Form 4 · accession 0000899243-16-010764
Tallgrass Energy Partners, LP · TEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tallgrass Energy Holdings, LLC
10% Owner
Period of report
May 12, 2015
Accepted (ET)
Jan 5, 2016 · 10:52 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001569134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1,F2 | May 12, 2015 | S | 20,000,000 | $47.68 | D | 6,355,480 | I | By Tallgrass Operations, LLC |
| Common units representing limited partner interestsF1,F3 | May 12, 2015 | P | 20,000,000 | $47.68 | A | 20,000,000 | I | By Tallgrass Equity, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported transaction involved a sale, in connection with the closing of the initial public offering of Tallgrass Energy GP, LP, of 20,000,000 common units representing limited partner interests ("Common Units") of Tallgrass Energy Partners, LP (the "Issuer") by Tallgrass Operations, LLC ("Tallgrass Operations") to Tallgrass Equity, LLC ("Tallgrass Equity").
- F2Tallgrass Energy Holdings, LLC (the "Reporting Person") is the general partner of Tallgrass Development, LP ("Tallgrass Development"). Tallgrass Development directly owns 100% of the outstanding securities of Tallgrass Operations. Tallgrass Operations directly owns Common Units of the Issuer. The Reporting Person may therefore be deemed to beneficially own Common Units of the Issuer owned directly by Tallgrass Operations. The Reporting Person disclaims beneficial ownership of the Common Units held by Tallgrass Operations except to the extent of its pecuniary interest therein.
- F3The Reporting Person directly owns 100% of the outstanding securities of TEGP Management, LLC ("TEGP GP"). TEGP GP is the general partner of Tallgrass Energy GP, LP ("TEGP"). TEGP is the managing member of Tallgrass Equity. As a result of the reported transactions, Tallgrass Equity directly owns 20,000,000 Common Units of the Issuer. The Reporting Person may therefore be deemed to beneficially own securities of the Issuer owned directly by Tallgrass Equity. The Reporting Person disclaims beneficial ownership of the Common Units held by Tallgrass Equity except to the extent of its pecuniary interest therein.