Filing Details

Accession Number:
0001209191-13-015566
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-11 15:28:22
Reporting Period:
2013-03-08
Filing Date:
2013-03-11
Accepted Time:
2013-03-11 14:28:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1324518 Williams Partners L.p. WPZ Natural Gas Transmission (4922) 202485124
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
107263 Williams Companies Inc One Williams Center
Tulsa OK 74172
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 Acquisiton 2013-03-08 3,000,000 $47.66 148,101,606 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units Representing Limited Partner Interests 131,370,638 Indirect See Footnotes
Footnotes
  1. On March 8, 2013, in conjunction with the closing of a Williams Partners, L.P. ("WPZ") underwritten equity offering, WPZ, pursuant to a Common Unit Purchase Agreement, sold and issued to The Williams Companies, Inc. ("Williams") an aggregate of 3,000,000 common units representing limited partner interests in WPZ (the "Transaction"). The common units were purchased by Williams at a price of $47.66 per common unit which is equal to the price per common unit paid by the underwriters to WPZ in the underwritten equity offering.
  2. Following the Transaction, Williams is the record holder of 148,101,606 common units.
  3. Williams directly or indirectly owns 100% of WGP Gulfstream Pipeline Company, L.L.C. ("WGPG"), Williams Partners GP LLC (the "General Partner"), Williams Partners Holdings LLC ("Holdings"), Williams Energy L.L.C. ("WE"), Williams Discovery Pipeline LLC ("Discovery Pipeline"), and Williams Gas Pipeline Company, LLC ("WGP"). The General Partner is the sole general partner of the Partnership, holding a 2% general partner interest in the Partnership, the incentive distribution rights in the Partnership and common units. WGP is the sole member of WGPG. WGPG directly holds 5,113,334 common units, the General Partner directly holds 3,363,527 common units, Holdings directly holds 2,826,378 common units, WE directly holds 2,952,233 common units, Discovery Pipeline directly holds 1,425,466 common units, and WGP directly holds 115,689,700 common units. The number of common units directly held by each of the entities described in the preceding sentence was not affected by the Transaction.
  4. Williams indirectly beneficially owns (a) the common units that each of WGPG, Holdings, WE, Discovery Pipeline, and WGP directly benefically own and (b) the incentive distribution rights in the Partnership, the 2% general partner interest in the Partnership, and the common units held by the General Partner. WGP indirectly benefically owns the common units directly benefically owned by WGPG.
  5. The reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interests therein, and this report shall not be deemed an admission that the reporting person is a beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.