Home > Insider Trading > Filing (0001140361-10-040170)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1389030	Quicksilver Gas Services Lp	KGS	Natural Gas Transmission (4922)	562639586

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1060990	Quicksilver Resources Inc	801 Cherry Street Suite 3700, Unit 19 Fort Worth TX 76102	No	No	Yes	No
1354657	L.p. Processing Gas Cowtown	801 Cherry Street Suite 3700, Unit 19 Fort Worth TX 76102	No	No	Yes	No
1354659	Cowtown Pipeline Funding, Inc.	801 Cherry Street Suite 3700, Unit 19 Fort Worth TX 76102	No	No	Yes	No
1354660	Cowtown Pipeline Management, Inc.	801 Cherry Street Suite 3700, Unit 19 Fort Worth TX 76102	No	No	Yes	No
1354661	L.p. Pipeline Cowtown	801 Cherry Street Suite 3700, Unit 19 Fort Worth TX 76102	No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Units Representing Limited Partner Interests	Disposition	2010-10-01	5,696,752	$0.00	0	No	4	S	Indirect	(1)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	(1)

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Units	Subordinated Units representing limited partner interests	Acquisiton	2010-10-01	11,513,625	$0.00	11,513,625	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	S	Indirect

Footnotes

On October 1, 2010, pursuant to a Purchase Agreement dated July 22, 2010, as amended, between the Reporting Person and its wholly-owned subsidiaries Cowtown Gas Processing L.P. and Cowtown Pipline L.P. (the "Selling Subsidiaries") and Crestwood Holding LLC (f/k/a First Reserve Crestwood Holdings LLC) (the "Buyer"), the Reporting Person sold, through its Selling Subsidiaries, all of its interests in Quicksilver Gas Services LP ("KGS"), including 100% of its interests in KGS' general partner and all of its common units (5,696,752 units), subordinated units (11,513,625 units), general partner units (469,944 units) and incentive distribution rights. Buyer also purchased from the Reporting Person the Subordinated Promissory Note, dated August 10, 2007, issued by KGS to the Reporting Person. In consideration therefor, the Reporting Person received $701 million and may potentially receive up to $72 million in future earn-out payments.
The subordinated units will convert to an equal number of common units when KGS has earned and paid at least $0.30 per quarter on each common unit, subordinated unit and general partner unit for any three consecutive years. The subordinated units have no expiration date.