SEC Form 4 · accession 0000899243-17-017447
Noble Midstream Partners LP · NBLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jun 26, 2017
Accepted (ET)
Jun 28, 2017 · 7:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001647513
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 | Jun 26, 2017 | J | 562,430 | — | A | 2,090,014 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 26, 2017, pursuant to that certain Contribution Agreement by and among the Issuer, Noble Midstream GP LLC, the general partner of the Partnership (the "General Partner"), Noble Midstream Services, LLC, NBL Midstream, LLC ("NBL Midstream"), a subsidiary of Noble Energy, Inc. ("Noble") and Blanco River DevCo GP LLC, NBL Midstream contributed to the Issuer a 20% limited partner interest in Colorado River DevCo LP and a 15% limited partner interest in Blanco River DevCo LP in exchange for consideration comprised of $145 million in cash and the issuance to NBL Midstream of 562,430 common units representing limited partner interests in the Issuer (the "Transaction").
- F2This Form 4 is filed jointly by (1) Noble, a 100% owner of NBL Midstream, and (2) NBL Midstream, a wholly owned indirect subsidiary of Noble and owner of all the membership interests of the General Partner, in connection with the closing of the Transaction. Noble, as the 100% owner of NBL Midstream, is deemed to indirectly beneficially own the securities held by NBL Midstream.