Deneke J Heath's Form 4 filing
Summit Midstream Corp (SMC) · filed Jan 22, 2025
- Accession no.
- 0002024218-25-000005
- Filed
- Jan 22, 2025
- Trade date
- Jan 17-22, 2025
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $124.9K. It was filed 5 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 |
|---|---|
| Deneke J HeathCIK 0001555671 | Officer (Chairman, President and CEO) |
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 |
|---|---|---|---|---|---|---|---|---|
| Jan 17, 2025 | Common Stock | SSaleDisposed | −1,000 | $40.11F2 | −$40,110 | 246,006 | Direct | |
| Jan 18, 2025 | Common Stock | MOption exerciseAcquired | +32,755 | –F3 | – | 278,761 | Direct | |
| Jan 18, 2025 | Common Stock | FTax withholdingDisposed | −9,435 | $41.57 | −$392,212.95 | 269,326 | Direct | |
| Jan 21, 2025 | Common Stock | SSaleDisposed | −1,000 | $42.06F5 | −$42,060 | 268,326 | Direct | |
| Jan 22, 2025 | Common Stock | SSaleDisposed | −1,000 | $42.73F6 | −$42,730 | 267,326 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jan 18, 2025 | Common Stock | MOption exerciseDisposed | −32,755 | $0.00 | $0 | 295,004 | 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
The price reported in Column 4 is a weighted average price and has been rounded to the nearest cent. These Common Stocks were sold in multiple transactions at prices ranging from $38.48 to $41.95, inclusive. The reporting person undertakes to provide to Summit Midstream Corporation, any security holder of Summit Midstream Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Stocks sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
Each corporation restricted stock unit is the economic equivalent of one common stock.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price and has been rounded to the nearest cent. These Common Stocks were sold in multiple transactions at prices ranging from $41.33 to $42.61, inclusive. The reporting person undertakes to provide to Summit Midstream Corporation, any security holder of Summit Midstream Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Stocks sold at each separate price within the ranges set forth in footnote 5 to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price and has been rounded to the nearest cent. These Common Stocks were sold in multiple transactions at prices ranging from $41.54 to $43.89, inclusive. The reporting person undertakes to provide to Summit Midstream Corporation, any security holder of Summit Midstream Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Stocks sold at each separate price within the ranges set forth in footnote 6 to this Form 4.
Referenced by the price of 1 transaction in Table I.