SEC Form 4 · accession 0000899243-18-031681
Kinetik Holdings Inc. · KNTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Period of report
Dec 21, 2018
Accepted (ET)
Dec 26, 2018 · 2:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001692787
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCKF1 | Dec 21, 2018 | J | 2,000,000 | $7.63 | D | 14,318,000 | I | See Footnote |
| CLASS A COMMON STOCKF2 | Dec 21, 2018 | J | 556,661 | $7.63 | A | 756,661 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WARRANTSF3 | $10.00 | Dec 21, 2018 | J | 1,122,020 | D | Nov 9, 2018 | Nov 9, 2023 | CLASS A COMMON | 1,122,020 | 1,122,020 | D |
Explanation of responses
- F1DISTRIBUTION OF CLASS A COMMON STOCK AND WARRANTS BY KAYNE ANDERSON SPONSOR LLC TO ITS EQUITY OWNERS INCLUDING KAYNE ANDERSON CAPITAL ADVISORS, L.P. ("KACALP"). UNLESS RECEIVED BY KACALP, DISTRIBUTED SECURITIES NO LONGER REPORTABLE BY KACALP.
- F2TOTAL BENEFICIALLY OWNED NOW INCLUDES 556,661 SHARES HELD DIRECTLY BY KACALP AND 200,000 SHARES HELD DIRECTLY BY RICHARD A. KAYNE IN A FAMILY TRUST.
- F3TOTAL BENEFICIALLY OWNED REFLECTS DISTRIBUTION BY KAYNE ANDERSON SPONSOR, LLC TO ITS EQUITY OWNERS OF WARRANTS TO PURCHASE 3,182,141 SHARES OF CLASS A COMMON STOCK NO LONGER BENEFICIALLY OWNED BY REPORTING PERSON EXCEPT TO THE EXTENT RECEIVED IN THAT DISTRIBUTION.