Key facts
- This page summarizes Connect Midstream, LLC's Form 3 filing for Summit Midstream Corp (SMC).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Dec 2024, 17:05.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
Additional SEC filing notes
Footnote F1
The reported securities were received in connection with the contribution of Tall Oak Midstream Operating, LLC, a Delaware limited liability company ("Tall Oak"), to Summit Midstream Partners, LP, a Delaware limited partnership (the "Partnership"), pursuant to the Business Contribution Agreement, dated October 1, 2024, by and among the Issuer, the Partnership and Tall Oak Midstream Holdings, LLC, a Delaware limited liability company ("Tall Oak Parent"). Upon consummation of the foregoing, the reported securities were distributed by Tall Oak Parent to Connect Midstream.
Footnote F2
Common Units of the Partnership are exchangeable for an equivalent number of shares of Common Stock of the Issuer. Upon such conversion, an equivalent number of shares of Class B Common Stock are forfeited for no consideration. Shares of Class B Common Stock do not represent an economic interest in the Issuer but provide holders of Common Units with voting rights.
Footnote F3
The reported securities are held directly by Connect Midstream, LLC. Tailwater Energy Fund III LP is the sole member of Connect Midstream, LLC. TW GP EF-III LP is the general partner of Tailwater Energy Fund III LP. TW GP EF-III GP, LLC is the general partner of TW GP EF-III LP. Tailwater Capital LLC is the sole member of TW GP EF-III GP, LLC. Jason Downie and Edward Herring are each a Managing Partner of Tailwater Capital LLC. Each of the foregoing disclaim beneficial ownership of the reported securities directly held by Connect Midstream, LLC except to the extent of their respective pecuniary interest therein.