0001209191-14-063779.txt : 20141017
0001209191-14-063779.hdr.sgml : 20141017
20141017135601
ACCESSION NUMBER: 0001209191-14-063779
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20141015
FILED AS OF DATE: 20141017
DATE AS OF CHANGE: 20141017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: USD Partners LP
CENTRAL INDEX KEY: 0001610682
STANDARD INDUSTRIAL CLASSIFICATION: RAILROAD SWITCHING & TERMINAL ESTABLISHMENTS [4013]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 811 MAIN STREET
STREET 2: SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-249-0426
MAIL ADDRESS:
STREET 1: 811 MAIN STREET
STREET 2: SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: USD HOLDINGS LLC
CENTRAL INDEX KEY: 0001621293
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161576
BUSINESS ADDRESS:
STREET 1: C/O USD PARTNERS LP
STREET 2: 811 MAIN STREET, SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: (281) 291-0510
MAIL ADDRESS:
STREET 1: C/O USD PARTNERS LP
STREET 2: 811 MAIN STREET, SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ENERGY CAPITAL PARTNERS III-C (USD IP), LP
CENTRAL INDEX KEY: 0001621413
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161578
BUSINESS ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY
STREET 2: SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
BUSINESS PHONE: (973) 671-6100
MAIL ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY
STREET 2: SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ENERGY CAPITAL PARTNERS III, LLC
CENTRAL INDEX KEY: 0001621292
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161581
BUSINESS ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY
STREET 2: SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
BUSINESS PHONE: (973) 671-6100
MAIL ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY
STREET 2: SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: USD GROUP LLC
CENTRAL INDEX KEY: 0001621019
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161582
BUSINESS ADDRESS:
STREET 1: C/O USD PARTNERS LP
STREET 2: 811 MAIN STREET, SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: (281) 291-0510
MAIL ADDRESS:
STREET 1: C/O USD PARTNERS LP
STREET 2: 811 MAIN STREET, SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ENERGY CAPITAL PARTNERS III-B (USD IP), LP
CENTRAL INDEX KEY: 0001621385
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161579
BUSINESS ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY
STREET 2: SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
BUSINESS PHONE: (973) 671-6100
MAIL ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY
STREET 2: SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: US DEVELOPMENT GROUP, LLC
CENTRAL INDEX KEY: 0001621021
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161577
BUSINESS ADDRESS:
STREET 1: C/O USD PARTNERS LP
STREET 2: 811 MAIN STREET, SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: (281) 291-0510
MAIL ADDRESS:
STREET 1: C/O USD PARTNERS LP
STREET 2: 811 MAIN STREET, SUITE 2800
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ENERGY CAPITAL PARTNERS III-A, LP
CENTRAL INDEX KEY: 0001594547
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36674
FILM NUMBER: 141161580
BUSINESS ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY, SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
BUSINESS PHONE: (973) 671-6100
MAIL ADDRESS:
STREET 1: 51 JOHN F. KENNEDY PARKWAY, SUITE 200
CITY: SHORT HILLS
STATE: NJ
ZIP: 07078
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-10-15
0
0001610682
USD Partners LP
USDP
0001621019
USD GROUP LLC
811 MAIN STREET, SUITE 2800
HOUSTON
TX
77002
1
0
1
0
0001621292
ENERGY CAPITAL PARTNERS III, LLC
51 JOHN F. KENNEDY PARKWAY, SUITE 200
SHORT HILLS
NJ
07078
1
0
1
0
0001594547
ENERGY CAPITAL PARTNERS III-A, LP
51 JOHN F. KENNEDY PARKWAY, SUITE 200
SHORT HILLS
NJ
07078
1
0
1
0
0001621385
ENERGY CAPITAL PARTNERS III-B (USD IP), LP
51 JOHN F. KENNEDY PARKWAY, SUITE 200
SHORT HILLS
NJ
07078
1
0
1
0
0001621413
ENERGY CAPITAL PARTNERS III-C (USD IP), LP
51 JOHN F. KENNEDY PARKWAY, SUITE 200
SHORT HILLS
NJ
07078
1
0
1
0
0001621021
US DEVELOPMENT GROUP, LLC
811 MAIN STREET, SUITE 2800
HOUSTON
TX
77002
1
0
1
0
0001621293
USD HOLDINGS LLC
811 MAIN STREET, SUITE 2800
HOUSTON
TX
77002
1
0
1
0
COMMON UNITS (LIMITED PARTNER INTERESTS)
2014-10-15
4
A
0
1093545
0.00
A
1093545
D
SUBORDINATED UNITS (LIMITED PARTNER INTERESTS)
2014-10-15
4
A
0
10463545
0.00
A
COMMON UNITS
10463545
10463545
D
This Form 4 is filed jointly by USD Group LLC ("USD Group"), US Development Group, LLC ("USD"), USD Holdings LLC ("US Holdings"), Energy Capital Partners III, LLC ("ECP"), Energy Capital Partners III-A, LP ("ECP-A"), Energy Capital Partners III-B (USD IP), LP ("ECP-B"), and Energy Capital Partners III-C (USD IP), LP ("ECP-C" and together with ECP-A and ECP-B, the "ECP Funds"), in connection with the closing of the Issuer's initial public offering (the "Offering") of common units representing limited partner interests pursuant to a Registration Statement on Form S-1 (Registration No. 333-198500) (the "Registration Statement"). USD Group is the direct holder of the limited partnership interests in the Issuer. USD is the parent company of USD Group which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner (the "General Partner"). USD manages USD Group.
(Continued from footnote 1) ECP is the direct or indirect general partner of each of the ECP Funds and has voting and investment control over the securities owned by the ECP Funds. USD Holdings and ECP Funds are members of USD and, with ECP, may be deemed to indirectly beneficially own the limited partnership interests beneficially owned by USD.
As described in the Registration Statement, in connection with the closing of the Offering, USD Group directly holds 1,093,545 common units and 10,463,545 subordinated units (assuming no exercise of underwriters option), representing 10.7% of the common units and 100% of the subordinated units for a combined 54.1% limited partnership interest in the issuer. If the underwriters' option is exercised in full, USD Group will directly hold zero common units and 10,463,545 subordinated units, representing a 49.0% limited partner interest in Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 497,503 common units and 4,760,338 subordinated units, representing 45.5% of the limited partnership interests held by USD Group.
(Continued from footnote 3) ECP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 538,361 common units and 5,151,284 subordinated units, representing 49.2% of the limited partnership interests held by USD Group.
Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding immediately following this offering. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met.
/s/ Chris Robbins, Chief Financial Officer, USD Group LLC
2014-10-17
/s/ Chris Robbins, Chief Financial Officer, US Development Group, LLC
2014-10-17
USD Holdings LLC; By: /s/ Michael R: Curry, Manager
2014-10-17
/s/ Christopher M. Leininger, Deputy General Counsel Energy Capital Partners III, LLC
2014-10-17
Energy Capital Partners III-A, LP; By Energy Capital Partners GP III, LP, its General Partner; By: Energy Capital Partners III, LLC, its General Partner; By: /s/ Christopher M. Leininger, Deputy General Counsel
2014-10-17
Energy Capital Partners III-B (USD IP), LP; By Energy Capital Partners GP III, LP, its General Partner; By: Energy Capital Partners III, LLC, its General Partner; By: /s/ Christopher M. Leininger, Deputy General Counsel
2014-10-17
Energy Capital Partners III-C (USD IP), LP; By Energy Capital Partners GP III, LP, its General Partner; By: Energy Capital Partners III, LLC, its General Partner; By: /s/ Christopher M. Leininger, Deputy General Counsel
2014-10-17