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Filing Details

Accession Number:: 0001104659-16-098180
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-02-18 19:05:31
Reporting Period:: 2016-02-16

Filing Date:: 2016-02-18
Accepted Time:: 2016-02-18 19:05:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1549922	Summit Midstream Partners Lp	SMLP	Natural Gas Transmission (4922)	455200503

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1456360	Energy Capital Partners Ii, Lp	51 John F. Kennedy Parkway Suite 1250 Short Hills NJ 07078	No	No	Yes	No
1456364	Energy Capital Partners Ii-A, Lp	51 John F. Kennedy Parkway Suite 1250 Short Hills NJ 07078	No	No	Yes	No
1532708	Energy Capital Partners Ii (Summit Co-Invest), Lp	51 John F. Kennedy Parkway Suite 1250 Short Hills NJ 07078	No	No	Yes	No
1558915	Energy Capital Partners Ii, Llc	51 John F. Kennedy Parkway Suite 1250 Short Hills NJ 07078	Yes	No	Yes	No
1558920	Energy Capital Partners Ii-B Ip, Lp	51 John F. Kennedy Parkway Suite 1250 Short Hills NJ 07078	No	No	Yes	No
1558930	Energy Capital Partners Ii-C (Summit Ip), Lp	51 John F. Kennedy Parkway Suite 1250 Short Hills NJ 07078	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Units (Limited Partner Interests)	Acquisiton	2016-02-16	24,409,850	$0.00	29,703,421	No	4	C	Indirect	BY: SUMMIT MIDSTREAM PARTNERS HOLDINGS, LLC
Common Units (Limited Partner Interests)	Acquisiton	2016-02-16	59,025	$16.18	2,299,194	No	4	P	Indirect	BY: SMLP HOLDINGS, LLC
Common Units (Limited Partner Interests)	Acquisiton	2016-02-17	90,978	$16.06	2,390,172	No	4	P	Indirect	BY: SMLP HOLDINGS, LLC
Common Units (Limited Partner Interests)	Acquisiton	2016-02-18	60,262	$15.64	2,450,434	No	4	P	Indirect	BY: SMLP HOLDINGS, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	BY: SUMMIT MIDSTREAM PARTNERS HOLDINGS, LLC
No	4	P	Indirect	BY: SMLP HOLDINGS, LLC
No	4	P	Indirect	BY: SMLP HOLDINGS, LLC
No	4	P	Indirect	BY: SMLP HOLDINGS, LLC

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Units (Limited Partner Interests)	SUBORDINATED UNITS (LIMITED PARTNER INTERESTS)	Disposition	2016-02-16	24,409,850	$0.00	24,409,850	$0.00

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Units (Limited Partner Interests)	151,160	Indirect	BY: SUMMIT MIDSTREAM PARTNERS, LLC

Footnotes

The subordinated units were converted into common units on a one-for-one basis after the expiration of the subordination period, which occurred on February 16, 2016, pursuant to the Issuer's First Amended and Restated Agreement of Limited Partnership.
The subordinated units were held by Summit Midstream Partners Holdings, LLC ("SMPH"). The sole member of SMPH is in Summit Midstream Partners, LLC ("Summit"). Energy Capital Partners II, LP and its parallel and co-investment funds (collectively, the "ECP Funds"), hold, in the aggregate, greater than a majority of the membership interests in Summit. Energy Capital Partners II, LLC ("ECP II," and together with the ECP Funds, "ECP") is the general partner of the general partner of each ECP Fund that holds membership interests in Summit and has voting and investment control over the securities held thereby. Accordingly, ECP may be deemed to indirectly beneficially own the 29,703,421 common units now held by SMPH in addition to the 151,160 common units held by Summit, but disclaim beneficial ownership except to the extent of their pecuniary interest therein.
Certain of the ECP Funds also collectively hold all of the membership interests in SMLP Holdings, LLC (''SMLP Holdings''). Accordingly, ECP II and certain of the ECP Funds may be deemed to indirectly beneficially own the 2,450,434 common units held by SMLP Holdings but disclaim beneficial ownership except to the extent of their pecuniary interest therein.
Units were purchased pursuant to a 10b5-1 plan entered into on December 15, 2015.
These common units were purchased in multiple transactions ranging from $15.70 to $16.50, inclusive.
The price reported in Column 4 is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in footnotes 5, 7 and 8.
These common units were purchased in multiple transactions ranging from $15.77 to $16.41, inclusive.
These common units were purchased in multiple transactions ranging from $15.28 to $16.05, inclusive.