Tailwater Holdings, LP 4
4 · Southcross Energy Partners, L.P. · Filed Nov 15, 2016
Insider Transaction Report
Form 4
TW Southcross Aggregator LP
10% Owner
Transactions
- Other
Class B Convertible Units
2016-11-14+294,226→ 17,105,875 total(indirect: By Southcross Holdings Borrower LP)→ Common Units (Limited Partnership Interests)
Footnotes (1)
- [F1]The Class B Convertible Units were acquired by Southcross Holdings Borrower LP ("Borrower") as a payment-in-kind distribution on outstanding Class B Convertible Units pursuant to the Issuer's Third Amended and Restated Agreement of Limited Partnership dated August 4, 2014 (the "Partnership Agreement"). The Class B Convertible Units convert into Common Units at the Class B Conversion Rate (as defined in the Partnership Agreement) on the Class B Conversion Date (as defined in the Partnership Agreement).