ARCLIGHT ENERGY PARTNERS FUND V, L.P. 4
4 · American Midstream Partners, LP · Filed Feb 19, 2019
Insider Transaction Report
Form 4
ARCLIGHT ENERGY PARTNERS FUND V, L.P.
Director10% Owner
Transactions
- Award
Series A-1 Convertible Preferred Units
2019-02-15$13.66/sh+232,751$3,179,379→ 7,940,322 total(indirect: See Footnote)→ Common Units (limited partner interests) (281,861 underlying) - Award
SerieA-2 Convertible Preferred Units
2019-02-15$13.66/sh+99,717$1,362,134→ 3,401,875 total(indirect: See Footnote)→ Common Units (limited partner interests) (127,747 underlying) - Award
Series C Convertible Preferred Untis
2019-02-15$13.98/sh+272,688$3,812,178→ 9,514,330 total(indirect: See Footnote)→ Common Units (limited partner interests) (273,069 underlying)
Footnotes (3)
- [F1]Represents Series A-1 Convertible Preferred Units (the "Series A-1 Units) held directly by High Point Infrastructure Partners, LLC ("HPIP") received on a quarterly basis as payment-in-kind in lieu of cash distributions on the Series A-1 Units owned on the distribution record date. The Series A-1 Units have no expiration date and are convertible in whole or in part into common units of American Midstream Partners, LP (the "Issuer") ("Common Units") at a conversion rate of 1:1.2811 at any time.
- [F2]Represents Series A-2 Convertible Preferred Units (the "Series A-2 Units") held by Magnolia Infrastructure Partners, LLC ("Magnolia") received on a quarterly basis as payment-in-kind in lieu of cash distributions on the Series A-2 Units owned on the distribution record date. The Series A-2 Units have no expiration date and are convertible in whole or in part into common units of American Midstream Partners, LP (the "Issuer") ("Common Units') at a conversion ratio of 1:1.2811 at any time.
- [F3]Represents Series C Convertible Preferred Units (the "Series C Units") held by Magnolia Infrastructure Holdings, LLC ("Magnolia Holdings") received on a quarterly basis as payment-in-kind in lieu of cash distributions on the Series C Units owned on the distribution record date. The Series C Units have no expiration date and are convertible in whole or part into common units of American Midstream Partners, LP (the "Issuer") ("Common Units") at a conversion ratio of 1:1.0014 at any time.