4//SEC Filing
Crestwood Gas Services Holdings LLC 4
Accession 0000899243-21-015127
CIK 0001136352other
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 5:39 PM ET
Size
9.0 KB
Accession
0000899243-21-015127
Insider Transaction Report
Form 4
Transactions
- Sale
Common Units
2021-03-30$22.00/sh−6,000,000$132,000,000→ 3,985,462 total - Other
Common Units
2021-03-30−3,985,462→ 0 total
Footnotes (4)
- [F1]Does not include 438,789 Subordinated Units directly held by Crestwood Gas Services Holdings LLC, which constituted all of the outstanding Subordinated Units as of March 30, 2021, and which may have been converted into Common Units on a one-for-one basis upon the termination of the subordination period as set forth in the Issuer Partnership Agreement.
- [F2]In a transaction that closed on March 30, 2021, (i) all of the outstanding limited liability company interests of Crestwood Marcellus Holdings LLC, which was a wholly owned subsidiary of Crestwood Holdings LLC, (ii) all of the outstanding limited liability company interests of Crestwood Gas Services Holdings LLC, which owned (x) 1% of the outstanding limited partner interests in Crestwood Holdings LP ("CHLP"), (y) 3,985,462 Common Units of the Issuer after the sale reported above, and (z) 438,789 Subordinated Units of the Issuer, and (iii) 7,484,449 Common Units directly held by Crestwood Holdings LLC, were sold by Crestwood Holdings LLC to the Issuer, and (b) on or before the 180th day after March 30, 2021, 99% of the outstanding limited partner interests and all of the outstanding general partner interests of CHLP, which owns all of the outstanding limited liability company interests in the Issuer's general partner, will be transferred from Crestwood Holdings LLC to the Issuer.
- [F3]Following the closing described in Footnote (2) above, the Issuer cancelled and retired all 3,985,462 Common Units and 438,789 Subordinated Units then held by Crestwood Gas Services Holdings LLC.
- [F4]The purchase price for the transaction described in Footnote (2) above was an amount equal to $268,000,000. No additional consideration was paid in connection with the cancellation and retirement of units described in Footnote (3) above.
Documents
Issuer
Crestwood Equity Partners LP
CIK 0001136352
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001406900
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 5:39 PM ET
- Size
- 9.0 KB