SUMMIT MIDSTREAM PARTNERS, LLC 4
4 · Summit Midstream Partners, LP · Filed Mar 26, 2019
Insider Transaction Report
Form 4
SUMMIT MIDSTREAM PARTNERS, LLC
Director10% Owner
Transactions
- Award
Common Units (Limited Partner Interests)
2019-03-22+8,750,000→ 34,604,581 total(indirect: By LLC)
Footnotes (1)
- [F1]On March 22, 2018, pursuant to that certain Equity Restructuring Agreement dated as of February 25, 2019, between Summit Midstream Partners, LP (the "Partnership"), Summit Midstream GP, LLC (the "General Partner") and Summit Midstream Partners Holdings, LLC ("SMPH"), the incentive distribution rights and the approximately 2% general partner interest in the Partnership were converted into 8,750,000 newly issued common units of the Partnership and a non-economic general partner interest in the Partnership. Immediately following the issuance of the 8,750,000 common units, the General Partner distributed the units to its sole member, SMPH. The sole member of SMPH is Summit Midstream Partners, LLC.