Enfield Holdings, L.P. 4
4 · EnLink Midstream Partners, LP · Filed Jan 29, 2019
Insider Transaction Report
Form 4
Enfield Holdings Advisors, Inc.
10% Owner
Transactions
- Other
Series B Cumulative Convertible Preferred Units
2019-01-25−58,728,994→ 0 total(indirect: See Explanation of Responses)→ Common Units (0 underlying)
Footnotes (4)
- [F1]On January 25, 2019, EnLink Midstream Partners, LP (the "Issuer") became a wholly owned subsidiary of EnLink Midstream, LLC ("ENLC") as the result of a merger between NOLA Merger Sub, LLC, a wholly owned subsidiary of ENLC, and the Issuer (the "Merger"). In connection with the Merger, the Issuer entered into the Tenth Amended and Restated Agreement of Limited Partnership, which amended the terms of the Series B Cumulative Convertible Preferred Units (the "Series B Units") to, among other things, make the Series B Units reported herein exchangeable for common units of ENLC at a ratio of 1 to 1.15 (subject to certain adjustments). The Series B Units reported herein are no longer convertible into common units of the Issuer.
- [F2]Enfield Holdings Advisors, Inc. ("Enfield Holdings Advisors") is the general partner of Enfield Holdings, L.P. (together with Enfield Holdings Advisors, the "Reporting Persons") which directly holds the Series B Units reported herein.
- [F3]Affiliates of The Goldman Sachs Group, Inc. and affiliates of TPG Global, LLC own interests in Enfield Holdings Advisors and are making separate Form 4 filings.
- [F4]Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.