4/A//SEC Filing
NGP Energy Capital Management, L.L.C. 4/A
Accession 0000899243-15-001051
CIK 0001617798other
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 5:15 PM ET
Size
19.5 KB
Accession
0000899243-15-001051
Insider Transaction Report
Form 4/AAmended
PennTex Midstream Partners, LLC
Director10% Owner
Transactions
- Award
COMMON UNITS (LIMITED PARTNER INTERESTS)
2015-07-06+651,898→ 3,262,019 total
Footnotes (3)
- [F1]This Form 4 is filed jointly by PennTex Midstream Partners, LLC ("PennTex Development"), NGP X US Holdings, L.P. ("NGP X Holdings"), NGP X Holdings GP, L.L.C. ("NGP X Holdings GP"), NGP Natural Resources X, L.P. ("NGP X"), NGP X Parallel Holdings, L.P. ("NGP X Parallel"), GFW X, L.L.C. ("GFW X"), G.F.W. Energy X, L.P. ("GFW Energy X") and NGP Energy Capital Management, L.L.C. ("NGP ECM"), pursuant to the expiration of the underwriters' option to purchase additional common units of the Issuer in connection with the initial public offering of common units representing limited partner interests pursuant to a Registration Statement on Form S-1 (Registration No. 333-199020) (the "Registration Statement").
- [F2]NGP X Holdings owns a 95.1% membership interest in PennTex Development. NGP X Holdings is wholly owned and controlled by its general partner, NGP X Holdings GP, and its limited partners, NGP X and NGP X Parallel. NGP X Holdings GP is wholly owned by NGP X. GFW Energy X is the sole general partner of NGP X and NGP X Parallel. GFW X is the sole general partner of GFW Energy X. GFW X has delegated full power and authority to manage NGP X and NGP X Parallel to NGP ECM. Accordingly, each of PennTex Development, NGP X Holdings, NGP X Holdings GP, NGP X, NGP X Parallel, GFW X, GFW Energy X and NGP ECM may be deemed to share voting and dispositive power over the reported units, and therefore may also be deemed to be the beneficial owner of these units but disclaims such ownership except to the extent of its pecuniary interest.
- [F3]On June 18, 2015, the underwriters exercised, in part, their option to purchase additional common units as described in the Registration Statement. On July 6, 2015, as a result of the expiration of the underwriters' option to purchase additional common units, as described in the Registration Statement, the Issuer issued 651,898 common units to PennTex Development for no additional consideration. After giving effect to such deferred issuance, PennTex Development owns 3,262,019 common units and 12,500,000 subordinated units, representing an approximate 39.4% limited partner interest in the Issuer.
Documents
Issuer
PennTex Midstream Partners, LP
CIK 0001617798
Entity typeother
Related Parties
1- filerCIK 0001471812
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 5:15 PM ET
- Size
- 19.5 KB