SEC Form 4 · accession 0001591763-18-000017
Enable Midstream Partners, LP · ENBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney Sailor
Officer — Chief Executive Officer · Director
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591763
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 | Mar 1, 2018 | A | 50,477 | $0.00 | A | 295,010 | D | |
| Common Units Representing Limited Partner InterestsF2 | Mar 1, 2018 | A | 106,446 | $0.00 | A | 401,456 | D | |
| Common Units Representing Limited Partner InterestsF3 | Mar 1, 2018 | F | 36,499 | $14.04 | D | 364,957 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents time-vesting phantom units granted on March 1, 2018 under the Enable Midstream Partners, LP Long Term Incentive Plan. At vesting, the phantom units will be automatically settled in common units on a one-for-one basis.
- F2Represents the March 1, 2018 vesting of performance units granted on June 1, 2015 under the Enable Midstream Partners, LP Long Term Incentive Plan. At vesting, the phantom units automatically settled in common units on a one-for-one basis.
- F3Represents common units withheld for taxes in connection with the vesting of performance units reported above.
Remarks
The Reporting Person is a director and executive officer of Enable GP, LLC (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.