Sec Form 4 Filing - Chord Energy Corp @ Crestwood Equity Partners LP - 2022-09-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Chord Energy Corp
2. Issuer Name and Ticker or Trading Symbol
Crestwood Equity Partners LP [ CEQP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1001 FANNIN ST., SUITE 1500
3. Date of Earliest Transaction (MM/DD/YY)
09/15/2022
(Street)
HOUSTON, TX77002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 09/15/2022 S( 1 ) 11,400,000 D $ 26.7097( 2 ) 9,585,668 I See Footnote( 3 )
Common Units 09/15/2022 D( 4 ) 4,600,000 D $ 26.9( 5 ) 4,985,668 I See Footnote( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chord Energy Corp
1001 FANNIN ST., SUITE 1500
HOUSTON, TX77002
X
Oasis Petroleum LLC
1001 FANNIN ST., SUITE 1500
HOUSTON, TX77002
X
OMS Holdings LLC
1001 FANNIN ST., SUITE 1500
HOUSTON, TX77002
X
Oasis Investment Holdings LLC
1001 FANNIN ST., SUITE 1500
HOUSTON, TX77002
X
Oasis Petroleum North America LLC
1001 FANNIN ST., SUITE 1500
HOUSTON, TX77002
X
Signatures
/s/ M. Scott Regan, Executive Vice President, General Counsel and Secretary of Chord Energy Corporation 09/19/2022
Signature of Reporting Person Date
/s/ M. Scott Regan, Executive Vice President, General Counsel and Secretary of Oasis Petroleum LLC 09/19/2022
Signature of Reporting Person Date
/s/ M. Scott Regan, Executive Vice President, General Counsel and Secretary of OMS Holdings LLC 09/19/2022
Signature of Reporting Person Date
/s/ M. Scott Regan, Executive Vice President, General Counsel and Secretary of Oasis Investment Holdings LLC 09/19/2022
Signature of Reporting Person Date
/s/ M. Scott Regan, Executive Vice President, General Counsel and Secretary of Oasis Petroleum North America LLC 09/19/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This sale was effected pursuant to a previously announced public secondary offering (the "Secondary Offering") of common units representing limited partner interests (the "Crestwood Common Units") in the Issuer.
( 2 )This price represents the public offering price per unit of the Crestwood Common Units less the underwriting discount in connection with the Secondary Offering.
( 3 )This Form 4 is being jointly filed by Oasis Investment Holdings LLC ("OIH"), Oasis Petroleum North America LLC ("OPNA"), OMS Holdings LLC ("OMS Holdings"), Oasis Petroleum LLC ("Oasis Petroleum") and Chord Energy Corporation ("Chord"). As of the date of this Form 4, OMS Holdings directly holds 4,985,668 Crestwood Common Units. OMS Holdings is the managing member of and owns an 87.3% membership interest in OIH. OPNA owns the remaining 12.7% membership interest in OIH. Oasis Petroleum directly owns 100% of the outstanding membership interests in each of OMS Holdings and OPNA, and Chord directly owns 100% of the outstanding membership interests in Oasis Petroleum. Accordingly, Chord and Oasis Petroleum may be deemed to be indirect beneficial owners of the securities of the Issuer held by OMS Holdings.
( 4 )This sale represents the Crestwood Common Units sold to the Issuer pursuant to the terms of the Common Unit Repurchase Agreement, dated September 12, 2022, by and between the Issuer and OMS Holdings.
( 5 )The Crestwood Common Units were sold to the Issuer at a price equal to the public offering price per unit in the Secondary Offering.

Remarks:
Upon consummation of the merger on July 1, 2022 between Chord and Whiting Petroleum Corporation ("Whiting") pursuant to that certain Agreement and Plan of Merger, dated as of March 7, 2022, by and among Chord, Ohm Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Chord, New Ohm LLC, a Delaware limited liability company and a wholly owned subsidiary of Chord, and Whiting, Chord changed its name from "Oasis Petroleum Inc." to "Chord Energy Corporation."

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