EAGLE ROCK ENERGY PARTNERS L P 4
4 · EAGLE ROCK ENERGY PARTNERS L P · Filed Nov 17, 2011
Insider Transaction Report
Form 4
HERSH KENNETH A
Director10% Owner
Transactions
- Exercise of In-Money
Common Units Representing Limited Partner Interest
2011-11-15$6.00/sh+247,617$1,485,702→ 50,912,685 total(indirect: See Footnotes) - Exercise of In-Money
Warrants
2011-11-15−247,617→ 488,635 total(indirect: See Footnotes)Exercise: $6.00From: 2010-08-15Exp: 2012-05-15→ Common Units Representing Limited Partner Interest (247,617 underlying)
Footnotes (4)
- [F1]Represents the exercise of warrants to purchase 236,707 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. ("Montierra Minerals").
- [F2]Represents the exercise of warrants to purchase 10,910 common units representing limited partner interests by Montierra Management LLC ("Montierra Management"), the general partner of Montierra Minerals. NGP VII controls Montierra Management.
- [F3]Kenneth A. Hersh may be deemed to share dispositive power over the units held directly or indirectly by NGP VII, thus, he may also be deemed to be the beneficial owner of these units. This report is filed in connection with the Form 4 filed today by Montierra Minerals, Montierra Management and NGP VII.
- [F4]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