0000899243-22-004720.txt : 20220203 0000899243-22-004720.hdr.sgml : 20220203 20220203200036 ACCESSION NUMBER: 0000899243-22-004720 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220201 FILED AS OF DATE: 20220203 DATE AS OF CHANGE: 20220203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lorentzatos Nickolas J CENTRAL INDEX KEY: 0001502361 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38212 FILM NUMBER: 22590439 MAIL ADDRESS: STREET 1: 1001 FANNIN STREET STREET 2: SUITE 1500 CITY: HOUSTON STATE: TX ZIP: 77002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Oasis Midstream Partners LP CENTRAL INDEX KEY: 0001652133 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 471208855 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1001 FANNIN ST, STE 1500 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 281-404-9500 MAIL ADDRESS: STREET 1: 1001 FANNIN ST, STE 1500 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: Waha Energy Partners LP DATE OF NAME CHANGE: 20150902 FORMER COMPANY: FORMER CONFORMED NAME: Wahah Midstream Services LP DATE OF NAME CHANGE: 20150901 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-02-01 1 0001652133 Oasis Midstream Partners LP OMP 0001502361 Lorentzatos Nickolas J 1001 FANNIN STREET, SUITE 1500 HOUSTON TX 77002 1 1 0 0 EVP, GC and Corporate Sec Common units representing limited partner interests 2022-02-01 4 D 0 26612 27.48 D 0 D Phantom Units Common units representing limited partnership interests 3004 D On February 1, 2022, pursuant to that certain Agreement and Plan of Merger, dated as of October 25, 2021 (the "Merger Agreement"), by and among Oasis Midstream Partners LP ("OMP"), OMP GP LLC, Crestwood Equity Partners LP ("Crestwood"), Project Phantom Merger Sub LLC, Project Falcon Merger Sub LLC and Crestwood Equity GP LLC, (i) each common unit representing limited partner interests in OMP (other than the Sponsor Units (as defined in the Merger Agreement)) issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) was converted into the right to receive 0.8700 common units representing limited partner interests in Crestwood ("Crestwood Common Units"). On January 31, 2022 (the last trading day prior to the Effective Time), the closing price of the Crestwood Common Units was $27.48. An award of Phantom Units that was granted to the Reporting Person by our sponsor, Oasis Petroleum Inc. While the Phantom Units were granted by Oasis Petroleum Inc., each Phantom Unit represents the right to receive, upon vesting, a cash payment equal to the fair market value of one common unit representing a limited partner interest of OMP. Oasis Petroleum Inc. is solely responsible for any payments attributable to the Phantom Units. Since the Phantom Units were granted by Oasis Petroleum Inc., such Phantom Units will remain outstanding following the Effective Time. The award of Phantom Units was originally granted to the Reporting Person on January 17, 2019 and was scheduled to vest in three equal installments. One-third of the award vested in each of 2020 and 2021. The final one-third of the award, consisting of the number of Phantom Units indicated, is eligible to vest in 2022. Modifications, if any, to be made to the award of Phantom Units following the Effective Time to give effect to the transactions contemplated by the Merger Agreement will be determined by Oasis Petroleum Inc. in its sole discretion. /s/ Nickolas J. Lorentzatos 2022-02-03