Filing Details

---

Antero Midstream Corporation

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

03676B 102

(CUSIP Number)

c/o Yorktown Partners LLC

410 Park Avenue, 19th Floor

New York, New York 10022

Attention: W. Howard Keenan, Jr.

With a copy to:

Ann Marie Cowdrey

Jesse E. Betts

Thompson & Knight LLP

One Arts Plaza

1722 Routh Street, Suite 1500

Dallas, Texas 75201

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

November 12, 2019

(Date of Event Which Requires Filing of this Statement)

CUSIP No. 03676B 102

_____________________

CUSIP No. 03676B 102

_____________________

CUSIP No. 03676B 102

_____________________

CUSIP No. 03676B 102

_____________________

CUSIP No. 03676B 102

_____________________

CUSIP No. 03676B 102

_____________________

 

This Amendment No. 3 amends and supplements the Schedule 13D relating to the shares of common stock, par value $0.01 per share (the “Shares”), issued by Antero Midstream Corporation, a Delaware corporation (the “Issuer”), filed on March 15, 2019, as amended by Amendment No. 1 thereto filed on May 24, 2019, as amended further by Amendment No. 2 thereto filed on September 9, 2019 (the “Schedule 13D”). On March 12, 2019, the Issuer was formed as a result of the conversion of Antero Midstream GP LP (“AMGP”) from a limited partnership to a corporation under the laws of the State of Delaware. Capitalized terms used herein without definition shall have the meanings given to such terms in the Schedule 13D.

Item 4. Purpose of Transaction.

Item 4 is hereby amended to add the following paragraphs:

On November 12, 2019, the WP X O&G Funds sold all of their 22,965,437 Shares, Yorktown VII sold 1,179,537 Shares and Yorktown VIII sold 1,820,463 Shares in a registered offering and at a price of $6.52 per Share pursuant to the Underwriting Agreement dated November 6, 2019 by and among the Issuer, Yorktown VII, Yorktown VIII, and certain funds affiliated with Warburg Pincus LLC (together with Yorktown VII and Yorktown VIII, the “Selling Stockholders”) and Barclays Capital Inc. (the “Underwriting Agreement”). As a result of such sale, the Reporting Persons and the Warburg Entities ceased to beneficially own more than five percent of the outstanding voting securities of the Issuer and the Reporting Persons are no longer subject to the terms of the Stockholders’ Agreement nor part of any deemed Section 13(d) group in connection with the Stockholders’ Agreement.

Item 5. Interest in Securities of the Issuer.

Item 5 shall be amended and restated as follows:.

(a)-(b) As a result of the transaction disclosed in Item 4 herein, the Reporting Persons have ceased to beneficially own more than five percent of the outstanding common stock of the Issuer and no longer have sole or shared power to vote, direct the vote, dispose or direct the disposition of more than five percent of the outstanding common stock of the Issuer, and therefore their obligation to file further amendments to this statement has terminated.

(c) Except as described in this Schedule 13D, none of the Reporting Persons has effected any transactions in shares of common stock of the Issuer during the past 60 days.

(d) Not applicable.

(e) On November 12, 2019, pursuant to the Underwriting Agreement, Yorktown VII sold 1,179,537 Shares, Yorktown VIII sold 1,820,463 Shares and the WP X O&G Funds sold all remaining Shares owned by them, each such sale in a registered offering and at a price of $6.52 per Share, and as a result of such sale, each of the Reporting Persons ceased to be the beneficial owners of more than five percent of the common stock of the Issuer pursuant to any deemed Section 13(d) group in connection with the Stockholders’ Agreement.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

The information set forth in Item 4 is hereby incorporated by reference into this Item 6.

Item 7. Material to be Filed as Exhibits.

Item 7 is hereby amended to add the following exhibit:

Underwriting Agreement, dated November 6, 2019, by and among the Issuer, the Selling Stockholders and Barclays Capital Inc. (incorporated by reference to Exhibit 1.1 of the Issuer’s Current Report on Form 8-K filed on November 12, 2019).

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

YORKTOWN ENERGY PARTNERS VII, L.P.

By: Yorktown VII Company LP, its general partner

By: Yorktown VII Associates LLC, its general partner

 

YORKTOWN VII COMPANY LP

By: Yorktown VII Associates LLC, its general partner

 

YORKTOWN VII ASSOCIATES LLC

 

YORKTOWN ENERGY PARTNERS VIII, L.P.

By: Yorktown VIII Company LP, its general partner

By: Yorktown VIII Associates LLC, its general partner

  

 

YORKTOWN VIII COMPANY LP

By: Yorktown VIII Associates LLC, its general partner

 

 

YORKTOWN VIII ASSOCIATES LLC

 

---