Filing Details
- Accession Number:
- 0000899243-18-020070
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-07-18 16:36:48
- Reporting Period:
- 2018-07-18
- Accepted Time:
- 2018-07-18 16:36:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1179060 | Enlink Midstream Partners Lp | ENLK | Natural Gas Transmission (4922) | 161616605 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1602766 | Devon Gas Services, L.p. | 333 West Sheridan Ave Oklahoma City OK 73102 | No | No | No | Yes | |
1602767 | Devon Gas Operating, Inc. | 333 West Sheridan Ave. Oklahoma City OK 73102 | No | No | No | Yes |
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 | Disposition | 2018-07-18 | 87,128,717 | $0.00 | 0 | No | 4 | S | Direct | |
Common Units | Disposition | 2018-07-18 | 88,528,451 | $0.00 | 0 | No | 4 | S | Indirect | See Footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnotes |
Footnotes
- Devon Gas Services, L.P. ("Devon Gas Services"), Southwestern Gas Pipeline, L.L.C. ("Southwestern Gas"), EnLink Midstream Manager, LLC (the "Manager"), GIP III Stetson I, L.P. ("MLP Acquiror"), GIP III Stetson II, L.P. ("ENLC Acquiror") and, solely for certain purposes described therein, Devon Energy Corporation ("Devon") are parties to a Purchase Agreement, dated June 5, 2018 (the "Purchase Agreement"). On July 18, 2018, the parties to the Purchase Agreement consummated the transactions contemplated thereby, pursuant to which, among other things, (a) Devon Gas Services transferred to ENLC Acquiror 115,495,669 common units representing limited liability company interests in EnLink Midstream, LLC ("EnLink Midstream"),
- (Continued from footnote 1) (b) Devon Gas Services transferred to MLP Acquiror (i) 87,128,717 common units ("Common Units") representing limited partner interests in the Issuer and (ii) all of the outstanding limited liability company interests in the Manager and (c) Southwestern Gas transferred to MLP Acquiror 7,531,883 Common Units, for an aggregate consideration of $3,125,000,000.
- Devon Gas Operating, Inc. ("Devon Gas Operating") is the general partner of Devon Gas Services.
- EnLink Midstream owns 100% of the outstanding common stock of each of EnLink Midstream, Inc. ("EMI"), the holder of 20,280,252 Common Units, and Acacia Natural Gas Corp I, Inc. ("Acacia"), the holder of 68,248,199 Common Units. Due to Devon Gas Services' ownership interests in EnLink Midstream and the Manager, Devon Gas Services and Devon Gas Operating may have been deemed the indirect beneficial owners of the aggregate 88,528,451 Common Units held by EMI and Acacia. As a result of the transactions consummated by the parties to the Purchase Agreement, Devon Gas Services sold all of its interests in EnLink Midstream and the Manager, resulting in Devon Gas Services and Devon Gas Operating ceasing to beneficially own any Common Units held by EMI or Acacia.