Filing Details

Accession Number:
0001104659-20-064971
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-21 20:05:47
Reporting Period:
2020-05-19
Accepted Time:
2020-05-21 20:05:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1658566 Centennial Resource Development Inc. CDEV () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1222726 M David Leuschen C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1232151 Jr F Pierre Lapeyre C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1686355 Riverstone Energy Gp Vi Corp. C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1686387 Riverstone Energy Gp Vi, Llc C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1686391 Riverstone Energy Partners Vi, L.p. C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1692664 Riverstone Non-Eci Usrpi Aiv, L.p. C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1692815 Riverstone Non-Eci Usrpi Aiv Gp, L.l.c. C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1692880 Ltd. Gp Non-Eci Riverstone C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1692896 Riverstone Non-Eci Partners Gp (Cayman), L.p. C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
Yes No Yes No
1692922 Riverstone Non-Eci Gp Cayman Llc C/O Riverstone Holdings
712 Fifth Avenue 36Th Floor
New York NY 10019
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
Class A Common Stock Acquisiton 2020-05-19 266,479 $0.95 85,582,326 No 4 P Indirect See footnote
Class A Common Stock Acquisiton 2020-05-20 641,974 $0.92 86,224,300 No 4 P Indirect See footnote
Class A Common Stock Acquisiton 2020-05-21 1,541,408 $0.89 87,765,708 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
No 4 P Indirect See footnote
No 4 P Indirect See footnote
Footnotes
  1. The price reported in Column 4 is a volume-weighted average price. These shares of Class A common stock were purchased in multiple transactions at prices ranging from $0.9352 to $0.9500, inclusive.
  2. The price reported in Column 4 is a volume-weighted average price. These shares of Class A common stock were purchased in multiple transactions at prices ranging from $0.9001 to $0.9399, inclusive.
  3. The price reported in Column 4 is a volume-weighted average price. These shares of Class A common stock were purchased in multiple transactions at prices ranging from $0.8550 to $0.9299, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
  4. Following the transactions reported herein, includes 15,179,971 shares held of record by REL US Centennial Holdings, LLC ("REL US"), 59,159,596 shares held of record by Riverstone VI Centennial QB Holdings, L.P. ("Riverstone QB Holdings"), 5,560,410 shares held of record by Riverstone Non-ECI USRPI AIV, L.P. ("Riverstone Non-ECI"), and 7,865,731 shares held of record by Silver Run Sponsor, LLC ("Silver Run Sponsor"), of Class A Common Stock.
  5. David Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Management Group, L.L.C. ("Riverstone Management"), which is the managing member of Riverstone/Gower Mgmt Co Holdings, L.P. ("Riverstone/Gower"), which is the sole member of Riverstone Holdings LLC ("Holdings") and the sole shareholder of Riverstone Holdings II (Cayman) Ltd. ("Holdings II").
  6. Holdings is the sole shareholder of Riverstone Energy GP VI Corp, which is the managing member of Riverstone Energy GP VI, LLC, which is the general partner of Riverstone Energy Partners VI, L.P., which is the general partner of Riverstone QB Holdings. As such, each of Messrs. Leuschen and Lapeyre, Riverstone Management, Riverstone/Gower, Holdings, Riverstone Energy GP VI Corp, Riverstone Energy GP VI, LLC and Riverstone Energy Partners VI, L.P. may be deemed to share beneficial ownership of the securities held of record by Riverstone QB Holdings. Each such entity or person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  7. Holdings is also the managing member of Silver Run Sponsor Manager, LLC, which is the managing member of Silver Run Sponsor. As such, each of Messrs. Leuschen and Lapeyre, Riverstone Management, Riverstone/Gower, Holdings and Silver Run Sponsor Manager, LLC may be deemed to share beneficial ownership of the securities held of record by Silver Run Sponsor. Each such person or entity disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  8. Holdings II is the general partner of Riverstone Energy Limited Investment Holdings, LP, which is the sole shareholder of REL IP General Partner Limited, which is the general partner of REL IP General Partner LP, which is the managing member of REL US. Each of Messrs. Leuschen and Lapeyre, Riverstone Management, Riverstone/Gower, Holdings II, Riverstone Energy Limited Investment Holdings, LP, REL IP General Partner Limited and REL IP General Partner LP may be deemed to share beneficial ownership of the securities held of record by REL US. Each such person or entity disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  9. Riverstone Non-ECI GP Ltd. is the sole member of Riverstone Non-ECI Cayman GP LLC, which is the general partner of Riverstone Non-ECI Partners GP (Cayman), L.P., which is the sole member of Riverstone Non-ECI USRPI AIV GP, L.L.C., which is the general partner of Riverstone Non-ECI. Riverstone Non-ECI GP Ltd. is managed by Mr. Leuschen and Mr. Lapeyre. As such, each of Messrs. Leuschen and Lapeyre, Riverstone Non-ECI GP Ltd., Riverstone Non-ECI Cayman GP LLC, Riverstone Non-ECI Partners GP (Cayman), L.P., and Riverstone Non-ECI USRPI AIV GP, L.L.C. may be deemed to share beneficial ownership of the securities held of record by Riverstone Non-ECI. Each such person or entity disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.