SEC Form 4/A · accession 0001140361-15-009998
OCI Partners LP · OCIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests)F2,F1 | Jan 2, 2015 | P | 6,699 | $15.4647 | A | 295,675 | I | See footnote |
Table II — derivative securities
Explanation of responses
- F1Footnote - The units of the Issuer reported on this Form 4 are directly held by a wholly-owned subsidiary of NNS Holding. NNS Holding is an exempted company incorporated in the Cayman Islands with limited liability. Its registered address is 89 Nexus Way, Camana Bay, Grand Cayman, Cayman Islands. Its principal business is holding diversified industrial and financial investments, and in connection with this, NNS Holding is, through its wholly owned subsidiaries, a significant shareholder of OCI N.V. The entire share capital of NNS Holding is held by the NNS Jersey Trust, an irrevocable trust, whose beneficiaries are principally Mr. Nassef Sawiris (the "Reporting Person") along with his descendants. (Additional information regarding the Reporting Person is provided in the Remarks.)
- F2Footnote - The Reporting Person is filing this amendment to the Form 4 filed by the Reporting Person on January 2, 2015 (the "Original Form 4"), which inadvertently omitted the acquisition of 6,699 units of the Issuer on January 2, 2015. The price reported in Column 4 is a weighted average price. These units were purchased in multiple transactions at prices ranging from $15.36 to $15.50, 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 purchased at each separate price within the range set forth in this footnote. This Form 4/A corrects the Original Form 4 filing. Except for the amendment reported on this Form 4/A, no other changes were made to the Original Form 4 filing.
Remarks
The Reporting Person is the settlor of the NNS Jersey Trust. He is charged with exploring investment opportunities appropriate for NNS Holding based on his investment expertise. In addition to holding a number of directorships, the Reporting Person is a Director and Chief Executive Officer of OCI N.V., a nitrogen fertilizer producer and construction contractor whose principal business address is Herikwebergweg 238, 1101 CM Amsterdam, The Netherlands. The Reporting Person is a director of OCI 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 a citizen of Egypt. The Reporting Person may be deemed to be the beneficial owner of the units of the Issuer described herein. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of all such equity securities covered by this statement.