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 | ||||
Subordinated Units Representing Limited Partner Interests | Â (4) | Â (4) | Common Units | 68,150,514 (2) (3) | $ 0 | I (1) (2) (3) | See Footnotes (1) (2) (3) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
OGE ENERGY CORP. 321 NORTH HARVEY P.O. BOX 321 OKLAHOMA CITY, OK 73101 |
 |  X |  |  |
OGE Enogex Holdings LLC 321 NORTH HARVEY P.O. BOX 321 OKLAHOMA CITY, OK 73101 |
 |  X |  |  |
OGE Energy Corp., /s/ Patricia D. Horn, Vice President, Governance and Corporate Secretary | 04/10/2014 | |
**Signature of Reporting Person | Date | |
OGE Enogex Holdings LLC, By: OGE Energy Corp., its Sole Member, /s/ Patricia D. Horn, Vice President, Governance and Corporate Secretary | 04/10/2014 | |
**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) | This Form 3 is being filed jointly by OGE Energy Corp. ("OGE Energy") and OGE Enogex Holdings LLC ("OGE Holdings") in connection with the effectiveness of the Registration Statement on Form S-1 (File No. 333-192542) (the "Registration Statement") filed by Enable Midstream Partners, LP (the "Issuer"). OGE Energy owns all of the outstanding membership interests in OGE Holdings, which is the record holder of the common units and subordinated units. OGE Energy may be deemed the beneficial owner of all common and subordinated units held by OGE Holdings. |
(2) | As of April 10, 2014, OGE Energy, through its wholly owned subsidiary OGE Holdings, holds 42,832,291 common units, representing an 11.0% limited partner interest in the Issuer and 68,150,514 subordinated units, representing a 17.5% interest in the Issuer, for a combined 28.5% limited partner interest in the Issuer. |
(3) | (Continued from footnote 2) Also, as described in the Registration Statement, through its indirect 60% economic interest in Enable GP, LLC (the "General Partner"), OGE Energy will hold 60% of the incentive distribution rights in the Issuer. Incentive distribution rights represent the right to receive an increasing percentage of quarterly distributions as set forth in the Registration Statement. In certain circumstances, if the General Partner is removed as the general partner of the Issuer, the General Partner will have the right to convert the incentive distribution rights into common units as described in the Registration Statement. |
(4) | Each subordinated unit will convert into one common unit at the end of the subordination period described in the Registration Statement. |