4//SEC Filing
Jones Christopher R. 4
Accession 0001678693-19-000006
CIK 0001633651other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:43 PM ET
Size
8.7 KB
Accession
0001678693-19-000006
Insider Transaction Report
Form 4
Jones Christopher R.
See Remarks
Transactions
- Tax Payment
Class A Shares
2019-12-20$18.06/sh−79,830$1,441,730→ 710,450 total
Holdings
- 103,983(indirect: See footnote)
Class B Shares
- 103,983(indirect: See footnote)
Units in Tallgrass Equity, LLC
→ Class A Shares (103,983 underlying)
Footnotes (4)
- [F1]360,000 Equity Participation Shares ("EPSs") held by the Reporting Person vested on November 24, 2019 as a result of the retirement of David G. Dehaemers, Jr. as the Chief Executive Officer of the general partner of the Issuer effective on such date. On December 20, 2019, pursuant to the terms of one of the award agreements governing the EPSs, 79,830 EPSs were withheld to satisfy his tax withholding obligations related to the vesting of the EPSs. This is not an open market sale of securities.
- [F2]The Reporting Person indirectly owns the Class B Shares of the Issuer ("Class B Shares") and the Units representing limited liability company interests ("Units") in Tallgrass Equity, LLC ("Tallgrass Equity") reported herein through the Amended and Restated Christopher R. Jones Revocable Trust under Trust Indenture dated March 6, 2019. The Reporting Person disclaims beneficial ownership of the Class B Shares and Units reported herein except to the extent of his pecuniary interest therein.
- [F3]Pursuant to the Second Amended and Restated Agreement of Limited Partnership of the Issuer dated July 2, 2018 and the Second Amended and Restated Limited Liability Company Agreement of Tallgrass Equity dated May 12, 2015, the Reporting Person has a right, from time to time, at his sole election, to immediately exchange his Class B Shares and an equivalent number of Units for a like number of Class A Shares of the Issuer ("Class A Shares"). As a result, all Class B Shares and Units owned by the Reporting Person, may be deemed to constitute Class A Shares beneficially owned by him.
- [F4]The Units, collectively with the Class B Shares, constitute derivative securities as described herein.
Documents
Issuer
Tallgrass Energy, LP
CIK 0001633651
Entity typeother
Related Parties
1- filerCIK 0001678693
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 5:43 PM ET
- Size
- 8.7 KB