4//SEC Filing
Prairie ECI Acquiror LP 4
Accession 0000899243-19-020840
CIK 0001633651other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 4:53 PM ET
Size
12.2 KB
Accession
0000899243-19-020840
Insider Transaction Report
Form 4
Prairie ECI Acquiror LP
10% Owner
Transactions
- Conversion
Class B shares
2019-07-30+150,439→ 98,353,838 total - Conversion
TE units
2019-07-30+150,439→ 98,353,838 total→ Class A shares (150,439 underlying) - Conversion
Obligation to Transfer
2019-07-30+1→ 0 total(indirect: See Footnotes)→ Class B shares and TE units
Footnotes (3)
- [F1]Pursuant to an Equityholders' Agreement dated as of March 11, 2019 (the "Equity Holders Agreement"), affiliates of Blackstone Infrastructure Associates L.P. ("BIA") were required to transfer to affiliates of Enagas, S.A. ("Enagas"), promptly after the Committee on Foreign Investments in the United States ("CFIUS") approved Enagas making further investments in securities of Tallgrass Energy, LP ("TGE"), such affiliates' indirect interests in certain Class A shares representing limited partner interests ("Class A shares") in TGE, Class B shares representing limited partner interests ("Class B shares") in TGE and units representing membership interests ("TE units") in Tallgrass Equity, LLC, pursuant to the terms of the Equity Holders Agreement, as described below.
- [F2]On July 30, 2019, promptly after the CFIUS approval described above was granted, and pursuant to the transfer obligations described above, affiliates of BIA disposed of (i) equity interests in affiliates of BIA representing BIA's indirect interest with respect to 66,931 Class A shares held by Prairie Secondary Acquiror E LP ("Secondary Acquiror 2") plus a corresponding percentage of Secondary Acquiror 2's capital in exchange for approximately $14.1 million, and BIA's indirect interest in 4,308,696 Class B shares and 4,308,696 TE units in exchange for $83.4 million plus the assumption of $40.7 million of debt, to affiliates of Enagas. There was no change in the aggregate number of Class A shares, Class B shares or TE units held affiliates of BIA as a result of these transfers, other than a transfer of 150,439 Class B shares and 150,439 TE units from Prairie VCOC Acquiror LP to Prairie ECI Acquiror LP.
- [F3]TE units may be exchanged by the holders thereof for an equivalent number of Class A shares and upon such exchange, an equivalent number of Class B shares held by such holder will be cancelled.
Documents
Issuer
Tallgrass Energy, LP
CIK 0001633651
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001770013
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 4:53 PM ET
- Size
- 12.2 KB