Kayne Anderson Sponsor, LLC 4
4 · Altus Midstream Co · Filed Nov 14, 2018
Insider Transaction Report
Form 4
Kayne Anderson Sponsor, LLC
10% Owner
Transactions
- Conversion
CLASS A COMMON STOCK
2018-11-09$10.00/sh+2,000,000$20,000,000→ 2,000,000 total(indirect: SEE REMARKS) - Other
WARRANTS
2018-11-09$10.00/sh−3,182,140$31,821,400→ 3,182,141 total(indirect: SEE REMARKS)Exercise: $10.00From: 2018-11-09Exp: 2023-11-09→ CLASS A COMMON (3,182,140 underlying) - Other
CLASS B COMMON
2018-11-09$10.00/sh−5,570,422$55,704,220→ 2,000,000 total(indirect: SEE REMARKS)Exercise: $10.00From: 2018-11-09Exp: 2018-11-09→ CLASS A COMMON (5,570,422 underlying) - Other
CLASS B COMMON
2018-11-09$10.00/sh−2,000,000$20,000,000→ 0 total(indirect: SEE REMARKS)Exercise: $10.00From: 2018-11-09Exp: 2018-11-09→ CLASS A COMMON (2,000,000 underlying)
Footnotes (3)
- [F1]CONVERSION OF 2,000,000 SHARES OF CLASS B COMMON STOCK HELD BY KAYNE ANDERSON SPONSOR, LLC ("KAYNE SPONSOR"), WHICH IS CONTROLLED BY KAYNE ANDERSON CAPITAL ADVISORS, L.P.
- [F2]AS PART OF THE BUSINESS COMBINATION TRANSACTION INVOLVING THE ISSUER,KAYNE SPONSOR REDEEMED WARRANTS EXERCISABLE FOR 3,182,140 SHARES OF CLASS A COMMON STOCK AND REISSUED/TRANSFERRED TO AN UNAFFILIATED THIRD PARTY SHAREHOLDER OF THE ISSUER.
- [F3]AS PART OF THE BUSINESS COMBINATION TRANSACTION INVOLVING THE ISSUER,KAYNE SPONSOR REDEEMED 5,570 ,422 SHARES OF CLASS B COMMON STOCK AND REISSUED/TRANSFERRED TO AN UNAFFILIATED THIRD PARTY SHAREHOLDER OF THE ISSUER. THE REMAINING 2,000,000 SHARES OF CLASS B COMMON STOCK OWNED BY KAYNE SPONSOR WERE CONVERTED TO CLASS A COMMON STOCK.