Steven Ledbetter - 19 Oct 2022 Form 4 Insider Report for Shell Midstream Partners, L.P.

Reporting relationship: Officer, Director
Issuer ticker: N/A
Reported as of: 19 Oct 2022
Net transaction value: -$63,400
SEC form: 4
Accepted by SEC: 19 Oct 2022, 11:33:05 UTC
Prior SEC filing: 10 Aug 2021
Next SEC filing: 03 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Lori M. Muratta, as Attorney-in-Fact for Steven Ledbetter

Key filing fact

Steven Ledbetter filed Form 4 for Shell Midstream Partners, L.P. on 19 Oct 2022.

Key facts

This page summarizes Steven Ledbetter's Form 4 filing for Shell Midstream Partners, L.P..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 19 Oct 2022, 11:33.

Change

Previous filing in this sequence was filed on 10 Aug 2021.
Current net transaction value: -$63,400.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SHLX transaction

Common Units representing limited partner interests

Disposed to Issuer

Transaction value: $63,400
Shares: -4,000
Change %: -100%
Price: $15.85
Shares after: 0
Date: 19 Oct 2022
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Steven Ledbetter is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Pursuant to that certain Agreement and Plan of Merger, dated as of July 25, 2022 (the "Merger Agreement"), by and among Shell USA, Inc. ("Shell"), the Issuer and the other parties thereto, Shell acquired all of the outstanding common units representing limited partnership interests in the Issuer not already held by Shell or its affiliates (the "Public Common Units") via a merger that resulted in the Issuer surviving the merger as an indirect, wholly owned subsidiary of Shell. Pursuant to the Merger Agreement, each Public Common Unit has converted into the right to receive $15.85 in cash per Public Common Unit.

SEC remarks

The Issuer is a Delaware limited partnership, managed by the directors and officers of its general partner, Shell Midstream Partners GP LLC (the "General Partner"). Mr. Ledbetter is the President, Chief Executive Officer and Director of the General Partner.