Buckley Guy G. 4
4 · Tallgrass Energy, LP · Filed Apr 21, 2020
Insider Transaction Report
Form 4
Buckley Guy G.
Director
Transactions
- Disposition to Issuer
Class A Shares
2020-04-21$22.45/sh−3,000$67,350→ 0 total
Footnotes (2)
- [F1]On April 17, 2020, as a result of the consummation of the merger of Prairie Private Acquiror LP, a Delaware limited partnership ("Buyer"), with and into the Issuer, with the Issuer surviving the merger and continuing to exist as a Delaware limited partnership, pursuant to that certain Agreement and Plan of Merger, dated as of December 16, 2019, by and among the Issuer, Tallgrass Energy GP, LLC, a Delaware limited liability company, Buyer and Prairie Merger Sub LLC, a Delaware limited liability company and wholly-owned subsidiary of Buyer, 3,000 equity participation shares in the Issuer ("EPSs") held by the Reporting Person automatically vested.
- [F2](Continued from Footnote 1) The vested EPSs were settled with the Reporting Person on April 21, 2020 in an amount of cash per EPS equal to $22.45, the price paid per Class A Share under the Merger Agreement, in accordance with the Tallgrass MLP GP, LLC Long-Term Incentive Plan and the award agreement governing such EPSs.