SEC Form 4 · accession 0001209191-17-019862
PennTex Midstream Partners, LP · PTXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Energy Transfer Partners, L.P.
Director · 10% Owner
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001617798
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interests | Mar 8, 2017 | P | 400,000 | $16.10 | A | 3,439,577 | D | |
| Common Units representing limited partner interests | holding | — | — | — | 3,262,019 | I | By: PennTex Midstream Partners, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated Units representing limited partner interestsF1 | — | holding | — | — | — | — | — | Common Units representing limited partner interests | 7,500,000 | 7,500,000 | D |
| Subordinated Units representing limited partner interestsF1 | — | holding | — | — | — | — | — | Common Units representing limited partner interests | 12,500,000 | 12,500,000 | I |
Explanation of responses
- F1Each subordinated unit will convert into one common unit at the end of the subordination period described in the Registration Statement on Form S-1 (Registration No. 333-199020).