4//SEC Filing
AXA EQUITABLE FINANCIAL SERVICES LLC 4
Accession 0001209191-19-000999
CIK 0001109448other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:35 PM ET
Size
8.9 KB
Accession
0001209191-19-000999
Insider Transaction Report
Form 4
AXA EQUITABLE FINANCIAL SERVICES LLC
10% OwnerOther
Transactions
- Other
Units of Limited Partnership Interest
2018-12-31−74,406,933→ 2,587,472 total(indirect: See footnotes)
Footnotes (6)
- [F1]On December 31, 2018, ACMC, LLC ("ACMC") distributed 1,444,356 units representing assignments of beneficial ownership of limited partnership interests of AllianceBernstein Holding L.P. ("Holding Units") and 74,406,933 units of limited partnership interests of AllianceBernstein L.P. ("AB Capital Units") to its sole member, AXA Equitable Life Insurance Company ("AXA Equitable"). Upon receipt of the 1,444,356 Holding Units and 74,406,933 AB Capital Units, AXA Equitable immediately contributed the 1,444,356 Holding Units and 74,406,933 AB Capital Units to its wholly owned subsidiary, Alpha Units Holdings, Inc. AXA Equitable distributed the shares of Alpha Units Holdings, Inc. to its direct parent company, AXA Equitable Financial Services, LLC. Upon receipt of the shares of Alpha Units Holdings, Inc., AXA Equitable Financial Services, LLC immediately distributed the shares of Alpha Units Holdings, Inc. to its sole member, AXA Equitable Holdings, Inc.
- [F2]Not applicable.
- [F3]AXA S.A. ("AXA") indirectly owns approximately 59.2% of the outstanding common stock of AXA Equitable Holdings, Inc. ("EQH") a holding company for a group of insurance and related financial services companies. EQH is the sole member of AXA Equitable Financial Services, LLC, which wholly owns (i) AXA Equitable, which in turn owns ACMC and (ii) MONY Life Insurance Company of America ("MLOA"). EQH also wholly owns AXA-IM Holding U.S. Inc. ("AXA-IM Holding").
- [F4]As of December 31, 2017, AXA Assurances I.A.R.D. Mutuelle and AXA Assurances Vie Mutuelle (collectively, "Mutuelles AXA"), directly beneficially owned approximately 14.13% of the issued ordinary shares (representing approximately 23.97% of the voting power) of AXA. The Mutuelles AXA and AXA expressly declare that the filing of this Form 4 shall not be construed as an admission that either of them is, for purposes of Section 16 of the Securities Exchange Act of 1934, the beneficial owner of any securities covered by this Form 4.
- [F5]In addition to the AB Capital Units reported in this Form 4, affiliates of the Reporting Person beneficially own additional AB Capital Units and Holding Units as follows. As of the close of business on December 31, 2018, EQH beneficially owned directly 2,566,838 Holding Units and 51,192,758 AB Capital Units; AXA-IM Holding beneficially owned directly 41,934,582 AB Capital Units; MLOA beneficially owned directly 2,587,472 AB Capital Units; Alpha Units Holdings, Inc. beneficially owned directly 1,444,356 Holdings Units and 74,406,933 AB Capital Units; and AllianceBernstein Corporation, a wholly owned subsidiary of Alpha Units Holdings, Inc., owned a 1% general partnership interest in AllianceBernstein L.P. and 100,000 units of general partnership interest in AllianceBernstein Holding L.P.
- [F6]The AB Capital Units are highly illiquid, and the ability of a holder of AB Capital Units to exchange them in the future for Holding Units if it so desires is substantially limited. In general, transfers of AB Capital Units will be allowed only with the written consent of both AXA Equitable and the general partner of AllianceBernstein. AXA Equitable and the general partner of AllianceBernstein have stated that they intend to refuse to consent to any transfer that is not described in the safe harbors set forth in the United States Treasury regulations.
Documents
Issuer
ALLIANCEBERNSTEIN L.P.
CIK 0001109448
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001257148
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:35 PM ET
- Size
- 8.9 KB