William J. Mault - 01 Aug 2024 Form 4 Insider Report for Summit Midstream Partners, LP

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Aug 2024, 21:14:28 UTC
Prior SEC filing
19 Mar 2024
Next SEC filing
22 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ James D. Johnston, Attorney-in-Fact for William J. Mault

Key filing fact

William J. Mault filed Form 4 for Summit Midstream Partners, LP on 02 Aug 2024.

Key facts

  • This page summarizes William J. Mault's Form 4 filing for Summit Midstream Partners, LP.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 02 Aug 2024, 21:14.

Change

  • Previous filing in this sequence was filed on 19 Mar 2024.
  • Current net transaction value: $0.

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.

SMLP transaction

Common Units

Disposed to Issuer

Transaction value
$0
Shares
-40,282
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Aug 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMLP transaction Derivative

Phantom Units

Disposed to Issuer

Transaction value
$0
Shares
-97,929
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Aug 2024
Ownership
Direct
Underlying class
Common Units
Underlying amount
97,929
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 4 footnotes

Footnote F1

On August 1, 2024 (the "Effective Time"), in connection with the corporate reorganization of Summit Midstream Partners, LP (the "Partnership"), the Partnership converted from a master limited partnership to a C corporation (the "Corporate Reorganization") through the merger between the Partnership and Summit SMC NewCo, LLC ("Merger Sub"), a wholly-owned subsidiary of Summit Midstream Corporation (the "Corporation"), wherein Merger Sub merged with and into the Partnership (the "Merger"), with the Partnership surviving the Merger as a wholly-owned subsidiary of the Corporation.

Footnote F2

After the Effective Time, the Reporting Person holds an aggregate 0 common units and phantom units. This total includes phantom units from other tranches with different vesting dates.

Footnote F3

Each phantom unit is the economic equivalent of one common unit.

Footnote F4

The phantom units and associated distribution equivalent rights do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Partnership.

SEC remarks

The Reporting Person is Executive Vice President and Chief Financial Officer of Summit Midstream GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.

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