Spartan Energy Holdco LLC 4
4 · CSI Compressco LP · Filed Apr 1, 2024
Insider Transaction Report
Form 4
Spartan Energy Partners LP
10% Owner
Transactions
- Disposition to Issuer
Common Units Representing Limited Partner Interests
2024-04-01−52,872,399→ 0 total - Disposition to Issuer
Common Units Representing Limited Partner Interests
2024-04-01−10,952,478→ 0 total(indirect: See footnote)
Footnotes (3)
- [F1]This Form 4 reports securities disposed of in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 19, 2023, by and among CSI Compressco LP (the "Partnership"), CSI Compressco GP LLC, Kodiak Gas Services, Inc. ("Kodiak"), Kodiak Gas Services, LLC, Kick Stock Merger Sub, LLC, Kick GP Merger Sub, LLC, and Kick LP Merger Sub, LLC.
- [F2]On April 1, 2024, pursuant to the Merger Agreement, each common unit representing limited partner interests in the Partnership ("Partnership Common Units") beneficially owned by the Reporting Person was exchanged for 0.086 (the "Exchange Ratio") shares of Kodiak common stock, par value $0.01 ("Kodiak Common Stock"), with cash paid in lieu of the issuance of fractional shares.
- [F3]Compressco GP LLC ("Compressco GP") is the record holder of 10,952,478 Partnership Common Units. Spartan Energy Holdco LLC ("Spartan Holdco") is the sole member of Compressco GP. Spartan Energy Partners GP LLC ("Spartan GP") is the general partner of Spartan Energy Partners LP ("Spartan LP"), which is the sole member of Spartan Holdco. As a result, each of Spartan Holdco, Spartan GP and Spartan LP may be deemed to share beneficial ownership of the Partnership Common Units held by Compressco GP, and Spartan GP may be deemed to share beneficial ownership of the Partnership Common Units held by Spartan LP.