0001615619-20-000134.txt : 20201120
0001615619-20-000134.hdr.sgml : 20201120
20201120164425
ACCESSION NUMBER: 0001615619-20-000134
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201118
FILED AS OF DATE: 20201120
DATE AS OF CHANGE: 20201120
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RAYMOND JOHN T
CENTRAL INDEX KEY: 0001186173
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36132
FILM NUMBER: 201333065
MAIL ADDRESS:
STREET 1: THE ENERGY & MINERALS GROUP
STREET 2: 811 MAIN STREET, SUITE 4200
CITY: HOUSTON
STATE: TX
ZIP: 77002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PLAINS GP HOLDINGS LP
CENTRAL INDEX KEY: 0001581990
STANDARD INDUSTRIAL CLASSIFICATION: PIPE LINES (NO NATURAL GAS) [4610]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 333 CLAY ST
STREET 2: SUITE 1600
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-646-4100
MAIL ADDRESS:
STREET 1: 333 CLAY ST
STREET 2: SUITE 1600
CITY: HOUSTON
STATE: TX
ZIP: 77002
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2020-11-18
0001581990
PLAINS GP HOLDINGS LP
PAGP
0001186173
RAYMOND JOHN T
2229 SAN FELIPE STREET
SUITE 1300
HOUSTON
TX
77019
1
0
0
0
Class A Shares
2020-11-18
4
J
0
6220955
A
6220955
I
See Footnote
Class A Shares
2020-11-18
4
S
0
6220955
8.05
D
0
I
See Footnote
Class A Shares
250531
D
Class A Units/Class B Shares/GP Units
2020-11-18
4
J
0
6220955
D
Class A Shares
6220955
0
I
See Footnote
Class A Units/Class B Shares/GP Units
Class A Shares
3183216
3183216
I
See Footnote
Class A Units/Class B Shares/GP Units
Class A Shares
8275520
8275520
D
Pursuant to the limited partnership agreement of Plains AAP, L.P. ("AAP"), each limited partner of AAP, including EMG Investment, LLC ("EMG") and the Reporting Person, has the right, at any time and from time to time, to immediately exchange (the "Exchange Right") its Class A Units ("Class A Units") in AAP, together with a like number of Class B shares representing limited partner interests ("Class B Shares") in Plains GP Holdings, L.P. (the "Issuer") and Units ("GP Units") in PAA GP Holdings LLC, for Class A shares representing limited partner interests ("Class A Shares") in the Issuer on a one-for-one basis. The Exchange Right does not expire and may be settled in cash by AAP.
On November 18, 2020, EMG elected to exchange 6,220,955 Class A Units, together with a like number of Class B Shares and GP Units, for Class A Shares on a one-for-one basis pursuant to the Exchange Right. EMG has agreed to sell the Class A Shares received pursuant to such election to exchange in a single transaction exempt from registration under Rule 144 of the Securities Act of 1933, as amended, at a price of $8.05 per Class A Share. Following the completion of such sale, EMG will distribute the proceeds thereof to its remaining members on a pro rata basis.
Beneficial ownership of the Class A Shares, Class A Units, Class B Shares and GP Units referred to herein is being reported hereunder solely because the Reporting Person may be deemed to beneficially own such Class A Shares, Class A Units, Class B Shares and GP Units as a result of his status as the Chief Executive Officer of the designated manager of EMG. The Reporting Person disclaims beneficial ownership of the securities held by EMG except to the extent of his pecuniary interest therein.
Beneficial ownership of the Class A Units, Class B Shares and GP Units referred to herein is being reported hereunder because the Reporting Person beneficially owns such Class A Units, Class B Shares and GP Units as a result of his ownership of Lynx Holdings I, LLC.
/s/ John T. Raymond
2020-11-20