Johnston James David's Form 4 filing
Summit Midstream Partners, LP (SMLP) · filed Mar 17, 2023
- Accession no.
- 0001209191-23-019932
- Filed
- Mar 17, 2023
- Trade date
- Mar 15, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 9 non-derivative transactions and 6 derivative transactions. Open-market sales total $1.50K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Johnston James DavidCIK 0001823482 | Officer (See remarks below.) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2023 | Common Units | SSaleDisposed | −88 | $17.00 | −$1,496 | 21,078 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseAcquired | +8,361 | –F2 | – | 29,439 | Direct | |
| Mar 15, 2023 | Common Units | FTax withholdingDisposed | −2,036 | $16.00 | −$32,576 | 27,403 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseAcquired | +5,545 | –F2 | – | 32,948 | Direct | |
| Mar 15, 2023 | Common Units | FTax withholdingDisposed | −1,350 | $16.00 | −$21,600 | 31,598 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseAcquired | +3,253 | –F2 | – | 34,851 | Direct | |
| Mar 15, 2023 | Common Units | FTax withholdingDisposed | −950 | $16.00 | −$15,200 | 33,901 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseAcquired | +4,018 | –F2 | – | 38,331 | Direct | |
| Mar 15, 2023 | Common Units | FTax withholdingDisposed | −1,582 | $16.00 | −$25,312 | 36,749 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2023 | Common Units | AGrant or awardAcquired | +29,380 | $0.00 | $0 | 29,380 | Direct | |
| Mar 15, 2023 | Common Units | AGrant or awardAcquired | +19,625 | $0.00 | $0 | 19,625 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseDisposed | −8,361 | $0.00 | $0 | 8,361 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseDisposed | −5,545 | $0.00 | $0 | 11,089 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseDisposed | −3,253 | $0.00 | $0 | 3,253 | Direct | |
| Mar 15, 2023 | Common Units | MOption exerciseDisposed | −4,018 | $0.00 | $0 | 16,072 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Each phantom unit is the economic equivalent of one common unit.
Referenced by the price of 4 transactions in Table I.
Remarks
The Reporting Person is Executive Vice President, General Counsel, and Chief Compliance 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.