3//SEC Filing
Royal Resources L.P. 3
Accession 0000899243-18-023747
CIK 0001703785other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 6:18 PM ET
Size
18.8 KB
Accession
0000899243-18-023747
Insider Transaction Report
Form 3
BMA VI L.L.C.
10% Owner
Holdings
- 55,197,643(indirect: See footnotes)
Class C Common Stock
- (indirect: See footnotes)
Opco Units
→ Class A Common Stock (55,197,643 underlying)
Blackstone EMA L.L.C.
10% Owner
Holdings
- 55,197,643(indirect: See footnotes)
Class C Common Stock
- (indirect: See footnotes)
Opco Units
→ Class A Common Stock (55,197,643 underlying)
Royal Resources L.P.
10% Owner
Holdings
- 55,197,643(indirect: See footnotes)
Class C Common Stock
- (indirect: See footnotes)
Opco Units
→ Class A Common Stock (55,197,643 underlying)
Holdings
- (indirect: See footnotes)
Opco Units
→ Class A Common Stock (55,197,643 underlying) - 55,197,643(indirect: See footnotes)
Class C Common Stock
Holdings
- (indirect: See footnotes)
Opco Units
→ Class A Common Stock (55,197,643 underlying) - 55,197,643(indirect: See footnotes)
Class C Common Stock
Royal Resources GP L.L.C.
10% Owner
Holdings
- (indirect: See footnotes)
Opco Units
→ Class A Common Stock (55,197,643 underlying) - 55,197,643(indirect: See footnotes)
Class C Common Stock
Footnotes (10)
- [F1]Reflects securities held directly by Royal Resources L.P.
- [F10]Reflects: (a) 35,197,643 Opco Units and an equal number of shares of Class C Common Stock, which are convertible, as a unit, into an equal number of shares of Class A Common Stock of the Issuer and (b) 20,000,000 Opco Units and an equal number of shares of Class C Common Stock that are issuable if the Class A Common Stock trades above certain thresholds (the "Earn-Out Shares"), in each case held by Royal Resources L.P.
- [F2]The general partner of Royal Resources L.P. is Royal Resources GP L.L.C. The managing members of Royal Resources GP L.L.C. are Blackstone Management Associates VI L.L.C. and Blackstone Energy Management Associates L.L.C. The sole member of Blackstone Management Associates VI L.L.C. is BMA VI L.L.C. The sole member of Blackstone Energy Management Associates L.L.C. is Blackstone EMA L.L.C. Blackstone Holdings III L.P. is the managing member of each of BMA VI L.L.C. and Blackstone EMA L.L.C.
- [F3](Continued from Footnote 2) The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
- [F4]Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 3.
- [F5]Information with respect to each of the reporting persons is given solely by such reporting person, and no reporting person has responsibility for the accuracy or completeness of information supplied by another reporting person.
- [F6]Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- [F7]"Opco Units" means ownership interests in Falcon Minerals Operating Partnership, LP ("Opco"). Falcon Minerals Corporation (the "Issuer") is the sole managing member of Opco.
- [F8]The limited partnership agreement of Opco provides certain holders of Opco Units with certain rights to cause Opco to acquire all or a portion of the Opco Units (the "Redemption Right") for newly issued shares of Class A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis, provided the ratio of the holder's redeemed Opco Units to the number of Opco Units beneficially held by such holder remains equal to that of Blackstone or any of its affiliates that hold Opco Units (subject to customary adjustments, including for stock splits, stock dividends and reclassifications).
- [F9](Continued from Footnote 8) The Issuer may, at its option, effect a direct exchange of such shares of Class A Common Stock for such Opco Units in lieu of such a redemption by Opco. Upon the future redemption or exchange of Opco Units, a corresponding number of shares of Class C Common Stock of the Issuer ("Class C Common Stock") will be cancelled. The Units and the right to exercise the Redemption Right have no expiration date.
Documents
Issuer
Falcon Minerals Corp
CIK 0001703785
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001749393
Filing Metadata
- Form type
- 3
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 6:18 PM ET
- Size
- 18.8 KB