Filing Details

Accession Number:
0001181431-12-000352
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-03 18:13:25
Reporting Period:
2011-12-29
Filing Date:
2012-01-03
Accepted Time:
2012-01-03 18:13:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1483096 Chesapeake Midstream Partners Lp CHKM Natural Gas Transmission (4922) 800534394
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
895126 Chesapeake Energy Corp 6100 N Western Ave
Oklahoma City OK 73118
Yes No Yes No
1497549 Chesapeake Midstream Holdings Llc 900 Nw 63Rd Street
Oklahoma City OK 73118
Yes 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 Acquisiton 2011-12-29 9,791,605 $0.00 33,704,666 No 4 P Indirect See footnote 1.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote 1.
Footnotes
  1. This form is jointly filed by Chesapeake Energy Corporation ("Chesapeake") and Chesapeake Midstream Holdings, L.L.C. ("Midstream Holdings" and, together with Chesapeake, the "Reporting Persons").
  2. On December 28, 2011, Chesapeake MLP Operating, L.L.C. ("Buyer"), a wholly owned subsidiary of the Issuer, entered into a Unit Purchase Agreement (the "Agreement") with Chesapeake Midstream Operating, L.L.C. ("Seller"), Chesapeake Midstream Development, L.P., Appalachia Midstream Services, L.L.C. ("AMS") and, for certain limited purposes, Chesapeake Midstream Management, L.L.C. and the Issuer. All parties are subsidiaries or affiliates of the Reporting Persons. Pursuant to the terms of the Agreement, Buyer agreed to acquire 1,000 units of AMS representing 100% of the issued and outstanding membership units of AMS (the "Acquisition") from Seller in exchange for total consideration of approximately $865 million represented by $600 million in cash and 9,791,605 Common Units. The Acquisition closed, and the Reporting Persons acquired the common units, on December 29, 2011. The effective date of the Acquisition was December 31, 2011.