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
  1. 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"),
  2. (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.
  3. Devon Gas Operating, Inc. ("Devon Gas Operating") is the general partner of Devon Gas Services.
  4. 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.