Home > Insider Trading > Filing (0001209191-11-062608)

Filing Details

Accession Number:: 0001209191-11-062608
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-12-21 17:50:27
Reporting Period:: 2011-12-19

Filing Date:: 2011-12-21
Accepted Time:: 2011-12-21 17:50:27
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1362705	Constellation Energy Partners Llc	CEP	Crude Petroleum & Natural Gas (1311)	113742489

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
935356	J Thomas Edelman	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No
1201989	A Ben Guill	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No
1377845	Constellation Energy Partners Management, Llc	210 Park Avenue Oklahoma City OK 73102	No	No	Yes	No
1467859	L.p. Energy Deer White	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No
1473061	Postrock Energy Corp	210 Park Avenue Oklahoma City OK 73102	No	No	Yes	No
1477741	L.p. Te Energy Deer White	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No
1492479	White Deer Energy Fi, L.p.	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No
1500937	Ltd. Energy Guill & Edelman	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No
1500938	L.p. Energy Guill & Edelman	700 Louisiana St. Suite 4770 Houston TX 77002	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Units Representing Class B Llc Interests	Acquisiton	2011-12-19	2,790,224	$2.15	5,918,894	No	4	P	Indirect	By Constellation Energy Partners Management, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Constellation Energy Partners Management, LLC

Footnotes

As of the date of this Form 4, Constellation Energy Partners Management, LLC ("CEPM") directly holds 5,918,894 common units representing Class B limited liability company interests in the Issuer and 485,065 Class A Units representing Class A limited liability company interests in the Issuer.
This Form 4 is jointly filed by CEPM, PostRock Energy Corporation ("PostRock"), White Deer Energy L.P., White Deer Energy TE L.P. and White Deer Energy FI L.P. (collectively, the "White Deer Funds"), Edelman & Guill Energy L.P. ("GP LP"), Edelman & Guill Energy Ltd. ("GP Ltd."), Thomas J. Edelman and Ben A. Guill. CEPM is a wholly owned subsidiary of PostRock. As of the date of this Form 4, the White Deer Funds, in the aggregate, may be deemed to beneficially own approximately 68.7% of the shares of PostRock common stock outstanding on a pro forma basis (accounting for the exercise of warrants to purchase an aggregate of 20,840,596 common shares of PostRock common stock held by the White Deer Funds). GP LP is the general partner of the Funds, GP Ltd. is the general partner of GP LP, and Messrs. Edelman and Guill are the directors of GP Ltd.
PostRock may be deemed to beneficially own CEPM's interest in the Issuer through its ability to control CEPM.
The White Deer Funds, have, together with GP LP, GP Ltd., Mr. Edelman and Mr. Guill formed a "group" as defined in Section 13(d)(3) with respect to the shares of PostRock common stock beneficially owned by the White Deer Funds, and each member of the group may be deemed to beneficially own all or some portion of the common units and Class A units of the Issuer owned of record by CEPM, to the extent the group is deemed to control PostRock. Each of the reporting persons other than CEPM and PostRock disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.