EAGLE ROCK ENERGY PARTNERS L P 4
4 · EAGLE ROCK ENERGY PARTNERS L P · Filed Mar 15, 2012
Insider Transaction Report
Form 4
HERSH KENNETH A
Director10% Owner
Transactions
- Exercise of In-Money
Common Units Representing Limited Partner Interest
2012-03-15$6.00/sh+200,000$1,200,000→ 51,112,685 total(indirect: See Footnotes) - Exercise of In-Money
Warrants
2012-03-15−200,000→ 288,635 total(indirect: See Footnotes)Exercise: $6.00From: 2010-08-15Exp: 2012-05-15→ Common Units Representing Limited Partner Interest (200,000 underlying)
Footnotes (3)
- [F1]Represents the exercise of warrants to purchase 200,000 common units representing limited partner interests by Montierra Minerals & Production, L.P. Natural Gas Partners VII, L.P. ("NGP VII") owns a majority of the LP interest in Montierra Minerals & Production, L.P. and controls its general partner, Montierra Management LLC.
- [F2]Kenneth A. Hersh may be deemed to share dispositive power over the units held by NGP VII, thus, he may also be deemed to be the beneficial owner of the common units. This report is filed in connection with the Form 4 filed today by Montierra Minerals and NGP VII.
- [F3]The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.