UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrants (right to buy) | 12/09/2018 | 11/09/2023 | Class A Common Stock | 3,182,140 | $ 11.5 | I | See Footnote (1) |
Class C Common Stock | 05/08/2019 | Â (2)(3) | Class A Common Stock | 250,000,000 | $ (2) (3) | I | See Footnote (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
APACHE CORP 2000 POST OAK BOULEVARD, SUITE 100 HOUSTON, TX 77056 |
 |  X |  |  |
Apache Midstream LLC 2000 POST OAK BOULEVARD SUITE 100 HOUSTON, TX 77056 |
 |  X |  |  |
/s/ Ben C. Rodgers, Authorized Officer of each Reporting Owner | 12/10/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | The reported securities are owned directly by Apache Midstream LLC, which is a wholly owned subsidiary of Apache Corporation. |
(2) | In connection with the closing of the Issuer's initial business combination on November 9, 2018 (the "Closing"), the Issuer issued to Apache Midstream LLC 250,000,000 shares of the Issuer's Class C common stock, par value $0.0001 per share ("Class C Common Stock"), and caused its subsidiary, Altus Midstream LP, to issue to Apache Midstream LLC an equal number of common units representing limited partner interests in Altus Midstream LP ("Common Units") in exchange for certain interests of Apache Midstream LLC. Common Units, when combined with an equal number of shares of Class C Common Stock, may, at the option of the holder, be redeemed for shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), |
(3) | (Continued from footnote 2) on a one-for-one basis or, at Altus Midstream LP's option, redeemed for an equivalent amount of cash, at any time after the date that is 180 days after the Closing. Upon redemption, shares of Class C Common Stock will be cancelled. Shares of Class C Common Stock have no expiration date. |