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Chord Energy Corp — Director's Dealing 2021
Mar 20, 2021
30939_dirs_2021-03-19_64f985f6-10ef-425a-8e20-79f0d9b5b9ce.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Oasis Midstream Partners LP (OMP)
CIK: 0001652133
Period of Report: 2021-03-19
Reporting Person: Oasis Petroleum Inc. (10% Owner)
Reporting Person: Oasis Petroleum LLC (10% Owner)
Reporting Person: OMS Holdings LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-19 | Common units representing limited partner interests | C | 13750000 | — | Acquired | 22825000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-19 | Subordinated units representing limited partner interests | $ | C | 13750000 | Disposed | Common units representing limited partner interests (13750000) | Indirect |
Footnotes
F1: On March 19, 2021, upon satisfaction of certain financial conditions for the conversion of the subordinated units representing limited partner interests of the Issuer ("Subordinated Units") set forth in the Issuer's Amended and Restated Agreement of Limited Partnership (the "Agreement"), all of the outstanding Subordinated Units automatically converted into common units representing limited partner interests of the Issuer (the "Common Units") on a one-for-one basis, pursuant to the terms of the Agreement, for no additional consideration. Upon the conversion of all of the Subordinated Units to Common Units, the Subordination Period (as defined in the Agreement) automatically terminated.
F2: This Form 4 is being jointly filed by OMS Holdings LLC ("OMS Holdings"), Oasis Petroleum LLC ("Oasis Petroleum") and Oasis Petroleum Inc. ("OAS"). As of March 19, 2021, OMS Holdings directly owns 22,825,000 common units, Oasis Petroleum directly owns 100% of the outstanding membership interests in OMS Holdings and OAS directly owns 100% of the outstanding membership interests in Oasis Petroleum. Accordingly, OAS and Oasis Petroleum may be deemed to be an indirect beneficial owner of the securities of the Issuer held by OMS Holdings.