Filing Details

Accession Number:
0001231922-18-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-13 16:55:51
Reporting Period:
2018-11-12
Accepted Time:
2018-11-13 16:55:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1362705 Sanchez Midstream Partners Lp SNMP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1231922 Iii R Antonio Sanchez 1000 Main Street
Suite 3000
Houston TX 77002
Yes No No 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 2018-11-12 15,000 $4.74 447,696 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units 35,320 Indirect By Sanchez Oil & Gas Corporation
Footnotes
  1. This sale of common units directly owned by Reporting Person reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by Reporting Person and was used to satisfy Reporting Person's federal income tax obligations with respect to various distributions of common units pursuant to the Amended and Restated Shared Services Agreement, dated March 6, 2015, by and between Issuer and SP Holdings, LLC.
  2. This transaction was executed in multiple trades at prices ranging from $4.33 to $4.96. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of common units and prices at which the transaction was effected.
  3. These securities are owned directly by Sanchez Oil Gas Corporation ("SOG"). SOG is managed by Reporting Person and other members of the Sanchez family. Reporting Person shares voting and dispositive power over the securities controlled by SOG. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by Reporting Person of the reported securities for purposes of Section 16 or any other purpose.