4//SEC Filing
EnerVest Energy Institutional Fund XIV-C-AIV, L.P. 4
Accession 0001144204-19-018426
CIK 0001698990other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 4:30 PM ET
Size
27.5 KB
Accession
0001144204-19-018426
Insider Transaction Report
Form 4
EnerVest, Ltd.
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying) - Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total
EnerVest Management GP, L.C.
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying) - Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total
Transactions
- Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying) - Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total
Transactions
- Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying) - Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total
Transactions
- Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total - Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying)
Transactions
- Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total - Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying)
Transactions
- Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total - Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying)
Transactions
- Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total - Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying)
EnerVest Investment Services, L.L.C.
10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2019-03-29$10.00/sh−495,565$4,955,650→ 34,888,068 total - Disposition to Issuer
Class B Common Stock
2019-03-29$10.00/sh−1,556,911$15,569,110→ 91,789,814 total→ Class A Common Stock (1,556,911 underlying)
Footnotes (10)
- [F1]Represents 495,565 shares of the Issuer's Class A Common Stock ("Class A Common Stock") transferred to the Issuer by EnerVest Energy Institutional Fund XIV-C, L.P. ("EV XIV-C") on March 29, 2019 as a portion of the final settlement payable in connection with the Issuer's business combination with EnerVest, Ltd.'s South Texas Division (the "Business Combination").
- [F10]EV XIV-A owns of record 60,750,278 shares of Class B Common Stock; EV XIV-2A owns of record 11,625,679 shares of Class B Common Stock; EV XIV-3A owns of record 11,993,072 shares of Class B Common Stock; EV XIV-WIC owns of record 634,631 shares of Class B Common Stock; and EV XIV-C-AIV owns of record 6,786,154 shares of Class B Common Stock.
- [F2]EV XIV-C owns of record 34,888,068 shares of Class A Common Stock.
- [F3]EnerVest Management GP, L.C. ("EVM GP") is the general partner of EnerVest, Ltd. ("Enervest"), which is the sole member, with sole control over the actions of, each of, EVFA GP XIV, LLC, EVFA XIV-2A, LLC, EVFA XIV-3A, LLC, and EnerVest Holding XIV, LLC, the managing general partners, respectively, of EnerVest Energy Institutional Fund XIV-A, L.P. ("EV XIV-A"), EnerVest Energy Institutional Fund XIV-2A, L.P. ("EV XIV-2A"), EnerVest Energy Institutional Fund XIV-3A, L.P. ("EV XIV-3A"), and EnerVest Energy Institutional Fund XIV-WIC, L.P. ("EV XIV-WIC"). EnerVest is also the sole member, with sole control over the actions of, EVFC GP XIV, LLC, the managing general partner of each of EV XIV-C and EnerVest Energy Institutional Fund XIV-C-AIV, L.P. ("EV XIV-C-AIV"). EnerVest Investment Services, L.L.C. ("EIS, LLC") is the investment advisor for EV XIV-A, EV XIV-2A, EV XIV-3A, EV XIV-WIC, EV XIV-C and EV XIV-C-AIV (such six entities together, the "Record Holders" and each, a "Record Holder").
- [F4]Each Record Holder and each of EVM GP, EnerVest, EVFA GP XIV, LLC, EVFA XIV-2A, LLC, EVFA XIV-3A, LLC, EnerVest Holding XIV, LLC, EVFC GP XIV, LLC, and EIS, LLC (collectively, the "Non-Fund Entities") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the Equity Interests (as defined below) owned by the Record Holders and, therefore, a "ten percent holder" hereunder. (continue with footnote (5))
- [F5]Each Record Holder and each Non-Fund Entity disclaims beneficial ownership of the Equity Interests reported herein, except to the extent of its pecuniary interest therein, and, with respect to each of the Record Holders, except to the extent of its respective direct ownership reported herein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.
- [F6]Represents (i) 862,923 shares of Class B Common Stock transferred to the Issuer by EV XIV-A, (ii) 9,015 shares of Class B Common Stock transferred to the Issuer by EV XIV-WIC, (iii) 550,458 shares of Class B Common Stock transferred to the Issuer by EV XIV-2A, (iv) 38,121 shares of Class B Common Stock transferred to the Issuer by EV XIV-3A and (v) 96,394 shares of Class B Common Stock transferred to the Issuer by EV XIV-C-AIV, each as a portion of the final settlement payable in connection with the Business Combination.
- [F7]Shares of Class B Common Stock, when combined with an equal number of units ("Units") of Magnolia Oil & Gas Parent LLC, a Delaware limited liability company of which the Issuer is the managing member, are exchangeable from time to time at the option of the holders thereof for shares of Class A Common Stock on a one-for-one basis (or, at the Issuer's option, for cash).
- [F8]Not applicable.
- [F9]Represents the aggregate number of shares of Class B Common Stock owned by EV XIV-A, EV XIV-2A, EV XIV-3A, EV XIV-WIC, and EV XIV-C-AIV. (EV XIV-C's shares of Class A Common Stock, together with the shares of Class B Common Stock and Units held by EV XIV-A, EV XIV-2A, EV XIV-3A, EV XIV-WIC, and EV XIV-C-AIV, are collectively referred to herein as the "Equity Interests.")
Documents
Issuer
Magnolia Oil & Gas Corp
CIK 0001698990
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001749935
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 4:30 PM ET
- Size
- 27.5 KB