Independence Energy Aggregator L.P. - Sep 26, 2022 Form 4 Insider Report for Crescent Energy Co (CRGY)

Role
10%+ Owner
Signature
INDEPENDENCE ENERGY AGGREGATOR L.P., By: Independence Energy Aggregator GP LLC, its general partner, By: /s/ Christopher Lee, Name: Christopher Lee, Title: Attorney-in-fact for Jason Carss, Assistant Secretary
Stock symbol
CRGY
Transactions as of
Sep 26, 2022
Transactions value $
$0
Form type
4
Date filed
9/28/2022, 04:05 PM
Previous filing
Sep 15, 2022
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRGY Class A Common Stock Other $0 -572K -100% $0.00* 0 Sep 26, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed, on September 13, 2022, in connection with an underwritten secondary public offering, Independence Energy Aggregator L.P. converted an equal number of shares of Class B Common Stock and units representing limited liability company interests of Crescent Energy OpCo LLC ("OpCo") into 572,354 shares of Class A Common Stock pursuant to the Amended and Restated LLC Agreement of OpCo. On September 26, 2022, Independence Energy Aggregator L.P initiated in-kind distributions of those 572,354 shares of Class A Common Stock to KKR Upstream Associates LLC, which now holds those shares directly. Not included on this Form 4 are the 81,831,695 OpCo units and shares of Class B Common Stock that continue to be held by Independence Energy Aggregator L.P.
F2 Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.
F3 The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.