SEC Form 4 · accession 0000769993-19-000115
EnLink Midstream, LLC · ENLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 6:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001592000
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF3,F1,F2 | Feb 1, 2019 | P | 24,791 | $10.8592 | A | 720,423 | I | See footnotes |
| Common UnitsF4,F5,F1,F2 | Feb 1, 2019 | S | 24,791 | $10.88 | D | 695,632 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
- F2The Common Units, no par value (the "Common Units") of EnLink Midstream, LLC (the "Company") reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group. Without admitting any legal obligation, Goldman Sachs or another subsidiary of GS Group will remit appropriate profits, if any, to the Company.
- F3Reflects a weighted average purchase price of $10.8592 per Common Unit, at prices ranging from $10.85 to $10.88 per Common Unit. The Reporting Persons will provide, upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of Common Units purchased at each separate price.
- F4Reflects a weighted average purchase price of $10.88 per Common Unit, at prices ranging from $10.86 to $10.89 per Common Unit. The Reporting Persons will provide, upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of Common Units purchased at each separate price.
- F5Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 695,632 Common Units and Goldman Sachs also had open short positions of 604,407 Common Units, reflecting changes due to exempt transactions.