Odd Lot Index

Summit Midstream Partners, LP

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2020-12-23
How it is priced—
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdNot stated
Must tick the odd-lot box on the formYes

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

election_required = True...nformation Agent would not only avoid the payment of brokerage commissions, but also would avoid any applicable odd lot discounts in a sale of the holder’s units. Any Odd Lot Holder wishing to tender all of his or her units pursuant to the Tender Offer should complete the section entitled “Odd Lots” in the Letter of Transmittal. Proration. The proration period is the period for accepting units on a pro rata basis in the event that the Tender Offer is oversubscribed. If proration of tendered units is required, we will determine the proration factor promptly following the Expiration Date. Subject to adjustment to avoid the purchase of fractional units, proration...
expiry = 2020-12-09...erpetual Preferred Units (Liquidation Preference $1,000) for an Aggregate Purchase Price of Not More Than $25,000,000.00 at a Per Unit Purchase Price of $200.00 THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON DECEMBER 9, 2020, UNLESS THE TENDER OFFER IS EXTENDED (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DATE”) OR OTHERWISE TERMINATED. Summit Midstream Partners, LP, a Delaware limited partnership (“Summit,” the “Partnership,” “we,” “us” or “o...
expiry = 2020-12-23...Amendments. Item 11. Additional Information. Item 11 of the Schedule TO-I is hereby amended and supplemented by adding the following: 1. The Tender Offer expired at 11:59 p.m., New York City time, on December 23, 2020 (the “Expiration Date”). Based on preliminary information provided by D.F. King & Co., Inc., the tender and information agent of the Tender Offer (the “Tender and Information Agent”), as of the Expiration Date, 92,681 Series A Preferred Units had been validly t...
threshold = 100...dered, it is possible that all of the units that a holder tenders in the Tender Offer may not be purchased. Odd Lots. The term “odd lots” means all Series A Preferred Units validly tendered prior to the Expiration Date and not properly withdrawn by any person who owned, beneficially or of record, a total of fewer than 100 units and so certified in the appropriate place on the Letter of Transmittal (an “Odd Lot Holder”). To qualify for this preference, an Odd Lot Holder must tender all units owned by the Odd Lot Holder in accordance with the procedures described in Section 3. Odd lots will be accepted for payment before any proration of the purchase of other ten...
txn_type = TENDER_OFFEREX-99.A_1_I 2 d828438dex99a1i.htm EX-99.A_1_I EX-99.a_1_i Exhibit (a)(1)(i) Offer to Purchase for Cash 9.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Liquidation Preference $1,000) for an Aggregate Purchase Price of Not More Than $25,000,000.00 at a Per Unit Purchase Price of $200.00 THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON DECEMBER 9, 2020, U...
txn_type = TENDER_OFFER...Louisiana Street Houston, Texas 77002 (713) 229-1234 CALCULATION OF FILING FEE Transaction Valuation* Amount of Filing Fee $25,000,000 $2,727.50 * Estimated solely for the purpose of calculating the registration fee. The transaction valuation is based on the offer to purchase for not more than $25,000,000 in aggregate of up to 75,075 Series A Preferred Units. The amount of the filing fee, calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, and Fee Rate Advisory No. 1 for fiscal year 2021 equals $109.10 per $1,000,000 of the value of the transaction. ☑ Check the box i...
txn_type = TENDER_OFFER...Louisiana Street Houston, Texas 77002 (713) 229-1234 CALCULATION OF FILING FEE Transaction Valuation* Amount of Filing Fee $25,000,000 $2,727.50 * Estimated solely for the purpose of calculating the registration fee. The transaction valuation is based on the offer to purchase for not more than $25,000,000 in aggregate of up to 75,075 Series A Preferred Units. The amount of the filing fee, calculated in accordance with Rule 0–11 under the Securities Exchange Act of 1934, as amended, and Fee Rate Advisory No. 1 for fiscal year 2021 equals $109.10 per $1,000,000 of the value of the transaction. ☑ Check the box i...

The filings

FiledFormRoleOn EDGAR
2020-11-10SC TO-Ioriginal (governing)View
2020-12-28SC TO-I/AamendmentView
2020-12-29SC TO-I/AamendmentView