3/A//SEC Filing
SP Common Equity Subsidiary LLC 3/A
Accession 0001104659-20-106243
CIK 0001362705other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 9:02 PM ET
Size
41.2 KB
Accession
0001104659-20-106243
Insider Transaction Report
Form 3/AAmended
SP Common Equity Subsidiary LLC
10% Owner
Holdings
- 4,650,439
Common Units
Sanchez Patricio D.
DirectorChief Operating Officer
Holdings
- 4,650,439
Common Units
SP Common Equity LLC
10% Owner
Holdings
- 4,650,439
Common Units
SANCHEZ ANTONIO R III
Director10% Owner
Holdings
- 4,650,439
Common Units
Sanchez Eduardo Augusto
Director
Holdings
- 4,650,439
Common Units
SANCHEZ ANTONIO R JR
10% Owner
Holdings
- 4,650,439
Common Units
Footnotes (3)
- [F1]Pursuant to the terms and provisions of that certain Contribution and Exchange Agreement, by and among SP Common Equity LLC ("SPCE"), SP Capital Holdings, LLC ("SP Capital") and Stonepeak Catarina Holdings, LLC ("Stonepeak Catarina"), dated as of September 7, 2020 (the "Agreement"), Antonio R. Sanchez, Jr. and certain affiliates of Antonio R. Sanchez, Jr. (collectively, the "Sanchez Holders") irrevocably committed to contribute an aggregate of 4,650,439 Common Units to SP Common Equity Subsidiary LLC ("SPCE Sub") as partial consideration for units representing membership interests in SPCE. This amount includes 140,647 Common Units that are subject to vesting.
- [F2]SPCE Sub is a wholly owned subsidiary of SPCE. However, pursuant to the terms of the Agreement, upon completion of the contribution of Common Units by the Sanchez Holders to SPCE Sub, Stonepeak Catarina will become the sole member of SPCE Sub, and each of SP Capital and SPCE will have the right to certain cash receipts from the Class C Preferred Units and Common Units beneficially owned by Stonepeak Catarina (including Common Units irrevocably contributed to SPCE Sub). Stonepeak Catarina and its direct and indirect control persons separately filed a Form 4 on September 9, 2020, to report their acquisition of indirect beneficial ownership of the Common Units irrevocably committed to SPCE Sub by the Sanchez Holders on September 7, 2020.
- [F3]Each of Antonio R. Sanchez, Jr., Antonio R. Sanchez, III, Patricio D. Sanchez and Eduardo A. Sanchez are managing members of SPCE and share voting and dispositive power over the securities controlled by SPCE. SPCE is the sole member of SPCE Sub.
Issuer
Sanchez Midstream Partners LP
CIK 0001362705
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001824033
Filing Metadata
- Form type
- 3/A
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 9:02 PM ET
- Size
- 41.2 KB