|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 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 Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WILLIAMS COMPANIES INC ONE WILLIAMS CENTER TULSA, OK 74172 |
X | |||
Williams Energy Services, LLC ONE WILLIAMS CENTER TULSA, OK 74172 |
Pecuniary interest | |||
Williams Partners GP LLC ONE WILLIAMS CENTER TULSA, OK 74172 |
Pecuniary interest |
/s/ Brian K. Shore, Corporate Secretary, The Williams Companies, Inc. | 12/13/2007 | |
**Signature of Reporting Person | Date | |
/s/ Brian K. Shore, Corporate Secretary, Williams Energy Services, LLC | 12/13/2007 | |
**Signature of Reporting Person | Date | |
/s/ Brian K. Shore, Corporate Secretary, Williams Partners GP LLC | 12/13/2007 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Pursuant to the Purchase and Sale Agreement, dated November 30, 2007 (the "Purchase Agreement"), by and among Williams Energy Services, LLC ("WES"), Williams Field Services Group, LLC, Williams Field Services Company, LLC, Williams Partners GP LLC (the "General Partner"), Williams Partners L.P. (the "Issuer") and Williams Partners Operating LLC, the Issuer issued 4,163,527 unregistered common units (the "Restricted Common Units") to the General Partner as partial consideration for a 100% Class A limited liability company membership interest and 20 Class C Units (the "Wamsutter Ownership Interests") in Wamsutter LLC. |
(2) | The Restricted Common Units were valued at $37.75 per common unit, the price per common unit to the public (before underwriting discounts and commissions, placement fees and other expenses) in the Issuer's previously announced underwritten public offering that closed on December 11, 2007 in connection with the Issuer's acquisition of the Wamsutter Ownership Interests. The Issuer issued the Restricted Common Units to the General Partner to pay approximately $157.2 million of the $750.0 million aggregate consideration for the Wamsutter Ownership Interests. |
(3) | The Williams Companies, Inc. ("TWC") directly or indirectly owns 100% of each of the General Partner, Williams Partners Holdings LLC ("Holdings"), WES, Williams Energy, L.L.C. ("WE"), Williams Discovery Pipeline LLC ("Williams Pipeline") and MAPCO Inc. ("MAPCO"). MAPCO is the sole member of WE. WES is the sole stockholder of MAPCO and the sole member of Williams Pipeline and the General Partner. The General Partner is the sole general partner of the Issuer, holding a 2% general partner interest, the incentive distribution rights and the Restricted Common Units. |
(4) | TWC indirectly beneficially owns (a) the common units that each of WE, Holdings, WES, Williams Pipeline and the General Partner directly beneficially own and (b) the incentive distribution rights and the 2% general partner interest held by the General Partner. WES directly beneficially owns 158,473 common units and indirectly beneficially owns (a) the common units that each of WE, Williams Pipeline and the General Partner directly beneficially own and (b) the incentive distribution rights in the Issuer and the 2% general partner interest in the Issuer held by the General Partner. MAPCO indirectly beneficially owns the common units that WE and Holdings directly beneficially own. |
(5) | After the acquisition of the Wamsutter Ownership Interests, (a) the General Partner directly held 4,163,527 common units, (b) Holdings directly held 428,239 common units, (c) WES directly held 158,473 common units, (d) WE directly held 447,308 common units and (e) Williams Pipeline directly held 215,980 common units. |
(6) | 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 beneficial owners of the reported securities for purposes of Section 16 or for any other purpose. |