Home/Filings/4/0000899243-21-041219
4//SEC Filing

ENERGY CAPITAL PARTNERS II, LP 4

Accession 0000899243-21-041219

CIK 0001549922other

Filed

Oct 21, 8:00 PM ET

Accepted

Oct 22, 4:31 PM ET

Size

18.0 KB

Accession

0000899243-21-041219

Insider Transaction Report

Form 4
Period: 2020-05-28
Transactions
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-285,915,8270 total(indirect: By LLC)
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-2845,318,8660 total(indirect: By LLC)
Transactions
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-2845,318,8660 total(indirect: By LLC)
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-285,915,8270 total(indirect: By LLC)
Transactions
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-285,915,8270 total(indirect: By LLC)
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-2845,318,8660 total(indirect: By LLC)
Transactions
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-285,915,8270 total(indirect: By LLC)
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-2845,318,8660 total(indirect: By LLC)
Transactions
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-285,915,8270 total(indirect: By LLC)
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-2845,318,8660 total(indirect: By LLC)
Transactions
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-285,915,8270 total(indirect: By LLC)
  • Disposition to Issuer

    Common Units (Limited Partner Interests)

    2020-05-2845,318,8660 total(indirect: By LLC)
Footnotes (3)
  • [F1]On May 28, 2020, pursuant to a purchase agreement, dated as of May 3, 2020, the Issuer purchased (i) all the outstanding limited liability company interests of Summit Midstream Partners, LLC ("Summit Investments"), which is the sole member of Summit Midstream Partners Holdings, LLC ("SMP Holdings"), which in turn owns 45,318,866 common units representing limited partner interests in the Issuer (the "Common Units"), and (ii) 5,915,827 Common Units held by SMLP Holdings, LLC ("SMLP") for a total purchase price of $35 million in cash and warrants to purchase up to 10 million Common Units. As a result of these transactions, Summit Investments became a wholly owned subsidiary of the Issuer.
  • [F2]Summit Investments is the sole member of SMP Holdings. Energy Capital Partners II, LLC ("ECP") indirectly controls Energy Capital Partners II, LP ("ECP II"), Energy Capital Partners II-A, LP ("ECP II-A"), Energy Capital Partners II-B IP, LP ("ECP II-B"), Energy Capital Partners II-C (Summit IP), LP ("ECP II-C"), and Energy Capital Partners II (Summit Co-Invest), LP ("ECP Summit Co-Invest" and together with ECP II, ECP II-A, ECP II-B and ECP II-C, the "ECP Funds").
  • [F3]Prior to the transactions reported herein, the ECP Funds owned a majority of the membership interests in Summit Investments and therefore may have been deemed to indirectly beneficially own the Common Units held of record by SMP Holdings. The ECP Funds, other than ECP Summit Co-Invest, hold all of the membership interests in SMLP. Accordingly, each of them, other than ECP Summit Co-Invest, may have been deemed to share beneficially ownership of the Common Units held by SMLP.

Issuer

Summit Midstream Partners, LP

CIK 0001549922

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001456360

Filing Metadata

Form type
4
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 4:31 PM ET
Size
18.0 KB