4//SEC Filing
Campbell John H Jr 4
Accession 0001507929-10-000002
CIK 0001502012other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 3:35 PM ET
Size
13.4 KB
Accession
0001507929-10-000002
Insider Transaction Report
Form 4
Campbell John H Jr
Director* See General Remarks10% Owner
Transactions
- Other
Common units
2010-12-22−0→ 0 total(indirect: See footnote) - Other
Common units
2010-12-22+11,297,737→ 11,297,737 total(indirect: See footnote) - Other
Subordinated units
2010-12-22+7,145,866→ 7,145,866 total(indirect: See footnote)Exercise: $0.00→ Common units (7,145,866 underlying) - Other
Common units
2010-12-22+0→ 0 total(indirect: See footnote)
Footnotes (5)
- [F1]The Reporting Person serves on the board of directors of, and holds an indirect membership interest in, QA Global GP, LLC, which is the general partner of QA Holdings, LP, which is the sole member of QA GP, LLC, which is the general partner of The Quantum Aspect Partnership, LP ("QAP"), which is the general partner of each of the Fund Entities. The Reporting Person disclaims beneficial ownership of the common and subordinated units owned by the Fund Entities in excess of his indirect pecuniary interest in the common and subordinated units. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such common or subordinated units for purposes of Section 16 or for any other purpose.
- [F2]In connection with the closing of the Partnership's initial public offering, QAP's 99.9% limited partner interest in the Partnership was redeemed for $999.
- [F3]In connection with the Partnership's initial public offering, Quantum Resources A1, LP ("QRA"), Quantum Resources B, LP ("QRB"), Quantum Resources C, LP ("QRC"), QAB Carried WI, LP ("QAB"), QAC Carried WI, LP ("QAC") and Black Diamond Resources, LLC ("Black Diamond," and together with QRA, QRB, QRC, QAB and QAC, collectively, the "Fund Entities") contributed certain oil and natural gas properties to the Partnership in exchange for (i) the Partnership's assumption of approximately $200 million of indebtedness, (ii) a distribution of $300 million, (iii) 11,297,737 common units and (iv) 7,145,866 subordinated units.
- [F4]The Reporting Person controls QR Holdings (QRE), LLC, which holds a 50% membership interest in QRE GP, LLC, which is the general partner of the Issuer (the "General Partner"). The General Partner owns a 0.1% general partner interest in the Partnership. The Reporting Person disclaims beneficial ownership of such general partner interest in excess of his indirect pecuniary interest in such membership interest in the General Partner. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such general partner interest for purposes of Section 16 or for any other purpose.
- [F5]Each subordinated unit will convert to one common unit at the expiration of the subordination period, which will occur on the later to occur of December 22, 2012 and such date as all arrearages of distributions of the minimum quarterly distribution on all common units have been eliminated.
Documents
Issuer
QR Energy, LP
CIK 0001502012
Entity typeother
Related Parties
1- filerCIK 0001507034
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 3:35 PM ET
- Size
- 13.4 KB