Carsten Shawn J. 4
4 · Shell Midstream Partners, L.P. · Filed Oct 19, 2022
Insider Transaction Report
Form 4
Carsten Shawn J.
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Units representing limited partner interests
2022-10-19$15.85/sh−18,700$296,395→ 0 total
Footnotes (1)
- [F1]Pursuant to that certain Agreement and Plan of Merger, dated as of July 25, 2022 (the "Merger Agreement"), by and among Shell USA, Inc. ("Shell"), the Issuer and the other parties thereto, Shell acquired all of the outstanding common units representing limited partnership interests in the Issuer not already held by Shell or its affiliates (the "Public Common Units") via a merger that resulted in the Issuer surviving the merger as an indirect, wholly owned subsidiary of Shell. Pursuant to the Merger Agreement, each Public Common Unit has converted into the right to receive $15.85 in cash per Public Common Unit.