Filing Details
- Accession Number:
- 0000899243-19-010534
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-04-11 19:59:51
- Reporting Period:
- 2019-04-09
- Accepted Time:
- 2019-04-11 19:59:51
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1633651 | Tallgrass Energy Lp | TGE | Natural Gas Transmission (4922) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1770187 | Enagas Internacional, S.l.u. | Paseo De Los Olmos, 19 Madrid 28005 | No | No | Yes | No | |
1770189 | Enagas Holding Usa, S.l.u. | Paseo De Los Olmos, 19 Madrid U3 28005 | No | No | Yes | No | |
1770190 | Enagas U.s.a. Llc | Paseo De Los Olmos, 19 Madrid U3 28005 | No | No | Yes | No | |
1770347 | Enagas, S.a. | Paseo De Los Olmos, 19 Madrid U3 28005 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class A Shares | Acquisiton | 2019-04-09 | 18,835 | $24.48 | 261,197 | No | 4 | P | Indirect | See Footnotes |
Class A Shares | Acquisiton | 2019-04-09 | 27,466 | $24.48 | 380,879 | No | 4 | P | Indirect | See Footnotes |
Class A Shares | Acquisiton | 2019-04-10 | 2,608 | $24.49 | 263,805 | No | 4 | P | Indirect | See Footnotes |
Class A Shares | Acquisiton | 2019-04-10 | 3,802 | $24.49 | 384,681 | No | 4 | P | Indirect | See Footnotes |
Class A Shares | Acquisiton | 2019-04-11 | 10,912 | $24.50 | 274,717 | No | 4 | P | Indirect | See Footnotes |
Class A Shares | Acquisiton | 2019-04-11 | 15,911 | $24.50 | 400,592 | No | 4 | P | Indirect | See Footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Shares | 21,751,018 | Indirect | See Footnotes |
Footnotes
- The Class A shares representing limited partner interests ("Class A shares") of Tallgrass Energy, LP ("TGE") acquired by the Reporting Persons were issuable by TGE to certain members of TGE management in connection with the accelerated vesting of incentive awards held by such persons upon the closing of the transactions contemplated by the Purchase Agreement, dated January 30, 2019, by and among Tallgrass Energy Holdings, LLC, Tallgrass Holdings, LLC, certain affiliates of the Reporting Persons, and other parties thereto. The Reporting Persons agreed to acquire these Class A Shares to provide the selling management members with liquidity consistent with what would have been provided if the incentive awards had been settled in cash.
- These Class A shares are owned directly by Prairie Secondary Acquiror LP ("Secondary Acquiror 1").
- These Class A shares are owned directly by Prairie Secondary Acquiror E LP ("Secondary Acquiror 2").
- These Class A shares are owned directly by Prairie Non-ECI Acquiror LP ("Non-ECI Acquiror").
- BIP Holdings Manager L.L.C. ("Holdings Manager") is the general partner of each of Secondary Acquiror 1, Secondary Acquiror 2 and Non-ECI Acquiror (the "Acquiror LPs"). Pursuant to the Equityholders Agreement dated as of March 11, 2019 (the "Equityholders Agreement"), the consent of Enagas Holding USA, S.L.U. ("Enagas Holding") and Enagas U.S.A. LLC ("Enagas USA") are required in certain circumstances for Holdings Manager to direct the voting and disposition of the securities held by the Acquiror LPs. Enagas, S.A. ("Enagas") is the sole shareholder of Enagas Internacional, S.L.U., which is the sole shareholder of Enagas Holding, which is the sole member of Enagas USA. Enagas is a publicly traded corporation with shares listed on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges (Spain).
- Each of the Reporting Persons disclaims beneficial ownership of the securities held by the Acquiror LPs, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.41 to $24.50. The reporting persons undertake to provide Tallgrass Energy, LP (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnotes 8 through 10 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.46 to $24.50.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.47 to $24.50.