SEC Form 4 · accession 0000899243-17-026789
CNX Midstream Partners LP · CNXM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Nov 15, 2017
Accepted (ET)
Nov 17, 2017 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610418
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (limited partner interests)F1,F2 | Nov 15, 2017 | M | 14,581,560 | $0.00 | A | 21,692,198 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated Units (limited partner interests)F1,F2 | — | Nov 15, 2017 | M | 14,581,560 | D | — | — | Common Units | 14,581,560 | 0 | D |
Explanation of responses
- F1Represents the conversion of 14,581,560 subordinated units representing limited partner interests (the "Subordinated Units") in Cone Midstream Partners LP (the "Issuer"), which were converted into common units representing limited partner interest on a one-for-one basis upon the termination of the subordination period as set forth in the First Amended and Restated Agreement of Limited Partnership of the Issuer, dated as of September 30, 2014.
- F2This Form 4 is being filed jointly by NBL Midstream, LLC ("NBL Midstream") and Noble Energy, Inc. ("Noble"). NBL Midstream is a wholly owned subsidiary of Noble. Accordingly, Noble may be deemed to indirectly beneficially own securities of the Issuer owned directly by NBL Midstream.