FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
EAGLE ROCK ENERGY PARTNERS L P [ EROC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/15/2011 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Units Representing Limited Partner Interest | 08/15/2011 | X(1) | 770,824 | A | $6 | 50,665,068 | D(1)(6)(7) | |||
Common Units Representing Limited Partner Interest | 08/15/2011 | X(2) | 1,507,669 | A | $6 | 50,665,068 | D(2)(6)(7) | |||
Common Units Representing Limited Partner Interest | 08/15/2011 | X(3) | 370,000 | A | $6 | 50,665,068 | D(3)(6)(7) | |||
Common Units Representing Limited Partner Interest | 08/15/2011 | X(4) | 651,618 | A | $6 | 50,665,068 | D(4)(6)(7) | |||
Common Units Representing Limited Partner Interest | 08/15/2011 | X(5) | 675,251 | A | $6 | 50,665,068 | D(5)(6)(7) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants | $6 | 08/15/2011 | X | 770,824(1) | 08/15/2010 | 05/15/2012 | Common Units Representing Limited Partner Interest | 770,824(1) | $0 | 736,252 | D | ||||
Warrants | $6 | 08/15/2011 | X | 1,507,669(2) | 08/15/2010 | 05/15/2012 | Common Units Representing Limited Partner Interest | 1,507,669(2) | $0 | 736,252 | D | ||||
Warrants | $6 | 08/15/2011 | X | 370,000(3) | 08/15/2010 | 05/15/2012 | Common Units Representing Limited Partner Interest | 370,000(3) | $0 | 736,252 | D | ||||
Warrants | $6 | 08/15/2011 | X | 651,618(4) | 08/15/2010 | 05/15/2012 | Common Units Representing Limited Partner Interest | 651,618(4) | $0 | 736,252 | D | ||||
Warrants | $6 | 08/15/2011 | X | 675,251(5) | 08/15/2010 | 05/15/2012 | Common Units Representing Limited Partner Interest | 675,251(5) | $0 | 736,252 | D |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Represents the exercise of warrants to purchase 770,824 common units representing limited partner interests by ERH NGP 7 SPV, LLC ("SPV 7"). SPV 7 is a wholly owned subsidiary of Eagle Rock Holdings NGP 7, LLC, which is a wholly owned subsidiary of Natural Gas Partners VII, L.P. ("NGP VII"). |
2. Represents the exercise of warrants to purchase 1,507,669 common units representing limited partner interests by ERH NGP 8 SPV, LLC ("SPV 8"). SPV 8 is a wholly owned subsidiary of Eagle Rock Holdings NGP 8, LLC, which is a wholly owned subsidiary of Natural Gas Partners VIII, L.P. ("NGP VIII"). |
3. Represents the exercise of warrants to purchase 370,000 common units representing limited partner interests by Montierra Minerals & Production, L.P. NGP VII owns a majority of the LP interest in Montierra Minerals & Production, L.P. ("Montierra Minerals") and controls the general partner of Montierra Minerals. |
4. Represents the exercise of warrants to purchase 651,618 common units representing limited partner interests by NGP VII. |
5. Represents the exercise of warrants to purchase 675,251 common units representing limited partner interests by NGP VIII. |
6. Kenneth A. Hersh may be deemed to share dispositive power over the units held directly or indirectly by NGP VII and NGP VIII, thus, he may also be deemed to be the beneficial owner of these units. This report is filed in connection with the Form 4 filed today by Kenneth A. Hersh. |
7. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of the reported securities for purposes of Section 16 or for any other purpose. |
Remarks: |
ERH NGP 8 SPV, LLC, by its sole member Eagle Rock Holdings NGP 8, LLC, By its sole member Natural Gas Partners VIII, L.P., By its general partner, G.F.W. Energy VIII, L.P., By its general partner, GFW VIII, L.L.C., By /s/ Kenneth A. Hersh, Authorized Member |
Montierra Minerals & Production, L.P., By its general partner, Montierra Management LLC, By /s/ Joseph A. Mills, Chief Executive Officer | 08/17/2011 | |
Natural Gas Partners VII, L.P., By its general partner, G.F.W. Energy VII, L.P., By its general partner, GFW VII, L.L.C., By /s/ Kenneth A. Hersh, Authorized Member | 08/17/2011 | |
Eagle Rock Holdings NGP 7, LLC, By its sole member Natural Gas Partners VII, L.P., By its general partner, G.F.W. Energy VII, L.P., By its general partner, GFW VII, L.L.C., By /s/ Kenneth A. Hersh, Authorized Member | 08/17/2011 | |
ERH NGP 7 SPV, LLC, by its sole member Eagle Rock Holdings NGP 7, LLC, By its sole member Natural Gas Partners VII, L.P., By its general partner, G.F.W. Energy VII, L.P., By its general partner, GFW VII, L.L.C., By /s/ Kenneth A. Hersh, Authorized Member | 08/17/2011 | |
Natural Gas Partners VIII, L.P., By its general partner, G.F.W. Energy VIII, L.P., By its general partner, GFW VIII, L.L.C., By /s/ Kenneth A. Hersh, Authorized Member | 08/17/2011 | |
Eagle Rock Holdings NGP 8, LLC, By its sole member Natural Gas Partners VIII, L.P., By its general partner, G.F.W. Energy VIII, L.P., By its general partner, GFW VIII, L.L.C., By /s/ Kenneth A. Hersh, Authorized Member | 08/17/2011 | |
See Remarks | 08/17/2011 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |