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Filing Details

Accession Number:
0001209191-10-022458
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-15 13:00:00
Reporting Period:
2010-04-14
Filing Date:
2010-04-15
Accepted Time:
2010-04-15 17:23:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1379661 Targa Resources Partners Lp NGLS Natural Gas Transmission (4922) 651295427
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
929408 Warburg Pincus & Co 450 Lexington Avenue
New York NY 10017
No No Yes No
1157334 P L Viii Equity Private Pincus Warburg C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1162870 Warburg Pincus Llc C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1220638 Joseph Landy C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1239318 R Charles Kaye C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1322709 Warburg Pincus Partners Llc C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1332737 Warburg Pincus Private Equity Ix, L.p. C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1342445 Warburg Pincus Ix Llc C/o Warburg Pincus & Co.
450 Lexington Avenue
New York NY 10017
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 Representing Limited Partner Interests Disposition 2010-04-14 6,630,000 $0.00 9,013,560 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Footnotes
  1. On April 14, 2010, Targa LP Inc. closed its public offering of 8,500,000 Common Units representing limited partner interests in Targa Resources Partners LP (the "Issuer") at a purchase price to the public of $27.50 per Common Unit. The amount of securities listed in Item 4 of Table I is calculated by multiplying the common units sold in the reported transactions by the aggregate interest in Targa Resources Investments Inc. ("Targa Investments") beneficially owned by the Warburg Pincus Entities (as defined below) (the "Warburg Interest").
  2. Following the reported transaction, each of Targa GP Inc. ("GP Inc.") and Targa LP Inc. ("LP Inc.") own 9,626,129 and 1,929,717 Common Units, respectively, of the Issuer. Targa Investments indirectly owns all of the interests in GP Inc. and LP Inc. Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership and two affiliated partnerships ("WP VIII"), and Warburg Pincus Private Equity IX, L.P., a Delaware limited partnership ("WP IX"), in the aggregate own approximately 78% of the equity interests of Targa Resources Investments Inc. (continued on Footnote 3)
  3. The general partner of WP VIII is Warburg Pincus Partners, LLC, a New York limited liability company ("WP Partners LLC"), and the general partner of WP IX is Warburg Pincus IX, LLC, a New York limited liability company (WP IX LLC), of which WP Partners LLC is the sole member. Warburg Pincus & Co., a New York general partnership ("WP"), is the managing member of WP Partners LLC. WP VIII and WP IX are managed by Warburg Pincus LLC, a New York limited liability company ("WP LLC," and together with WP VIII, WP IX, WP Partners LLC, WP IX LLC and WP, the "Warburg Pincus Entities"). The amount of securities listed in Item 5 of Table I is calculated by multiplying the aggregate number of Common Units owned by GP Inc. and LP Inc. following the reported transaction by the Warburg Interest.
  4. Charles R. Kaye and Joseph P. Landy are Managing General Partners of WP and Managing Members and Co-Presidents of WP LLC. The Warburg Pincus Entities and Messrs. Kaye and Landy may be deemed to beneficially own all of the reported securities. Each of the Warburg Pincus Entities and Messrs. Kaye and Landy disclaim beneficial ownership of all the reported securities indirectly held by Targa Investments except to the extent of any indirect pecuniary interest therein.