SEC Form 4 · accession 0001591763-19-000019
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, 2019
Accepted (ET)
Mar 4, 2019 · 12:18 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, 2019 | A | 61,419 | $0.00 | A | 415,288 | D | |
| Common Units Representing Limited Partner InterestsF2 | Mar 1, 2019 | A | 414,984 | $0.00 | A | 830,272 | D | |
| Common Units Representing Limited Partner InterestsF3 | Mar 1, 2019 | F | 181,861 | $15.04 | D | 648,411 | D | |
| Common Units Representing Limited Partner InterestsF4 | Mar 1, 2019 | F | 15,186 | $15.04 | D | 633,225 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents time-vesting phantom units granted on March 1, 2019 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 vesting of performance units granted on June 1, 2016 under the Enable Midstream Partners, LP Long Term Incentive Plan. At vesting, the performance 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.
- F4Represents common units withheld for taxes in connection with the vesting of phantom units granted on June 1, 2016 under the Enable Midstream Partners, LP Long Term Incentive Plan.
Remarks
The Issuer is managed by the board of directors and executive officers of its general partner, Enable GP, LLC. The Reporting Person is a director and an executive officer of Enable GP, LLC.