SEC Form 4 · accession 0001104659-18-036729
Enviva Partners, LP · EVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
R/C Renewable Energy GP II, L.L.C.
Director · 10% Owner
Enviva Holdings GP, LLC
Director · 10% Owner
Enviva Holdings, LP
Director · 10% Owner
Riverstone/Carlyle Renewable Energy Partners II, L.P.
Director · 10% Owner
R/C Wood Pellet Investment Partnership, L.P.
Director · 10% Owner
Enviva Cottondale Acquisition I, LLC
Director · 10% Owner
Period of report
May 30, 2018
Accepted (ET)
May 30, 2018 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001592057
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,F3,F4 | May 30, 2018 | C | 6,007,454 | — | A | 6,007,454 | I | By Enviva Cottondale |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated UnitsF1,F2,F3,F4 | — | May 30, 2018 | C | 6,007,454 | D | — | — | Common units representing limited partner interests | 6,007,454 | 5,897,454 | I |
Explanation of responses
- F1On May 30, 2018, each subordinated unit representing limited partner interests in Enviva Partners, LP (the "Issuer") held by Enviva Cottondale Acquisition I, LLC ("Enviva Cottondale") converted into one common unit representing limited partner interests in the Partnership pursuant to the terms of the Issuer's First Amended and Restated Agreement of Limited Partnership.
- F2This Form 4 is being filed jointly by R/C Renewable Energy GP II, L.L.C. ("R/C Renewable Energy GP"), Riverstone/Carlyle Renewable Energy Partners II, L.P. ("R/C Renewable Energy Partners"), R/C Wood Pellet Investment Partnership, L.P. ("R/C Partnership"), Enviva Holdings GP, LLC ("Holdings GP"), Enviva Holdings, LP ("Holdings") and Enviva Cottondale. R/C Renewable Energy GP is the general partner of R/C Renewable Energy Partners, which is the general partner of R/C Partnership, which is the sole member of Holdings GP, which is the general partner of Holdings, which is the sole member of Enviva Cottondale.
- F3Accordingly, R/C Renewable Energy GP, R/C Renewable Energy Partners, R/C Partnership, Holdings GP and Holdings may be deemed to indirectly beneficially own securities of the Issuer, a subsidiary of Holdings, owned directly by Enviva Cottondale, but disclaim such beneficial ownership except to the extent of their respective pecuniary interest therein.
- F4Holdings may be deemed to be a director by deputization as a result of the ability of Enviva MLP Holdco, LLC, Holdings' wholly owned subsidiary, to appoint the directors of Enviva Partners GP, LLC.