Filing Details

Accession Number:
0000899243-21-015127
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-06 17:39:24
Reporting Period:
2021-03-30
Accepted Time:
2021-04-06 17:39:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1136352 Crestwood Equity Partners Lp CEQP Natural Gas Transmisison & Distribution (4923) 431918951
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1406900 Crestwood Gas Services Holdings Llc 700 Louisiana Street, Suite 2250
Houston TX 77002
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 Disposition 2021-03-30 6,000,000 $22.00 3,985,462 No 4 S Direct
Common Units Disposition 2021-03-30 3,985,462 $0.00 0 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 J Direct
Footnotes
  1. Does not include 438,789 Subordinated Units directly held by Crestwood Gas Services Holdings LLC, which constituted all of the outstanding Subordinated Units as of March 30, 2021, and which may have been converted into Common Units on a one-for-one basis upon the termination of the subordination period as set forth in the Issuer Partnership Agreement.
  2. In a transaction that closed on March 30, 2021, (i) all of the outstanding limited liability company interests of Crestwood Marcellus Holdings LLC, which was a wholly owned subsidiary of Crestwood Holdings LLC, (ii) all of the outstanding limited liability company interests of Crestwood Gas Services Holdings LLC, which owned (x) 1% of the outstanding limited partner interests in Crestwood Holdings LP ("CHLP"), (y) 3,985,462 Common Units of the Issuer after the sale reported above, and (z) 438,789 Subordinated Units of the Issuer, and (iii) 7,484,449 Common Units directly held by Crestwood Holdings LLC, were sold by Crestwood Holdings LLC to the Issuer, and (b) on or before the 180th day after March 30, 2021, 99% of the outstanding limited partner interests and all of the outstanding general partner interests of CHLP, which owns all of the outstanding limited liability company interests in the Issuer's general partner, will be transferred from Crestwood Holdings LLC to the Issuer.
  3. Following the closing described in Footnote (2) above, the Issuer cancelled and retired all 3,985,462 Common Units and 438,789 Subordinated Units then held by Crestwood Gas Services Holdings LLC.
  4. The purchase price for the transaction described in Footnote (2) above was an amount equal to $268,000,000. No additional consideration was paid in connection with the cancellation and retirement of units described in Footnote (3) above.