SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Kayne Anderson Sponsor, LLC

(Last) (First) (Middle)
811 MAIN STREET, 14TH FLOOR

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/29/2017
3. Issuer Name and Ticker or Trading Symbol
Kayne Anderson Acquisition Corp [ KAAC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (1) (1) Class A Common Stock 9,982,500(2)(3) (1) D
1. Name and Address of Reporting Person*
Kayne Anderson Sponsor, LLC

(Last) (First) (Middle)
811 MAIN STREET, 14TH FLOOR

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
KAYNE RICHARD A

(Last) (First) (Middle)
C/O KAYNE ANDERSON ACQUISITION CORP.
811 MAIN STREET, 14TH FLOOR

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
KAYNE ANDERSON INVESTMENT MANAGEMENT INC

(Last) (First) (Middle)
C/O KAYNE ANDERSON ACQUISITION CORP.
811 MAIN STREET, 14TH FLOOR

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
KAYNE ANDERSON CAPITAL ADVISORS LP

(Last) (First) (Middle)
C/O KAYNE ANDERSON ACQUISITION CORP.
811 MAIN STREET, 14TH FLOOR

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. As described in the issuer's registration statement on Form S-1 (File No. 333-216514) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.
2. These shares represent Class B common stock held by Kayne Anderson Sponsor, LLC, acquired pursuant to a subscription agreement by and between Kayne Anderson Sponsor, LLC and the issuer. The Class B common stock owned by reporting persons includes up to 1,312,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
3. Kayne Anderson Capital Advisors, L.P. is the managing member of Kayne Anderson Sponsor, LLC and has voting and investment discretion with respect to the common stock held of record by Kayne Anderson Sponsor, LLC. Richard Kayne is the controlling shareholder of the owner of Kayne Anderson Investment Management, Inc., the general partner of Kayne Anderson Capital Advisors, L.P. As such, Kayne Anderson Capital Advisors, L.P. and Richard Kayne may be deemed to have shared beneficial ownership of the common stock held directly by Kayne Anderson Sponsor, LLC. Additionally, certain of officers and directors and employees of the registrant hold an interest in Kayne Anderson Sponsor, LLC. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Remarks:
/s/ Richard A. Kayne 03/29/2017
/s/ David J. Shladovsky, as General Counsel of Kayne Anderson Investment Management, Inc. 03/29/2017
/s/ David J. Shladovsky, as General Counsel of Kayne Anderson Capital Advisors, L.P. 03/29/2017
/s/ David J. Shladovsky, as General Counsel of Kayne Anderson Sponsor, LLC 03/29/2017
** 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 5 (b)(v).
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