Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES | ||
SECURITIES AND EXCHANGE COMMISSION | ||
Washington, D.C. 20549 |
SCHEDULE 13G
Under the Securities Exchange Act of
1934
(Amendment No. __)
Summit Midstream Partners, LP
(Name of Issuer)
Common Units
(Title of Class of Securities)
866142409
(CUSIP Number)
November 17, 2020
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o | Rule 13d-1(b) |
x | Rule 13d-1(c) |
o | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXVII CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 12,189 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 12,189 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 12,189 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2%* | ||||||
12 | Type of Reporting Person CO | ||||||
|
-2-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXVII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 12,189 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 12,189 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 12,189 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-3-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXVIIIR CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 13,531 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 13,531 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 13,531 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-4-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXVIIIR CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 13,531 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 13,531 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 13,531 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-5-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXIX CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 10,615 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 10,615 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 10,615 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-6-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXIX CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 10,615 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 10,615 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 10,615 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-7-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIR CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 22,374 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 22,374 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 22,374 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.4% | ||||||
12 | Type of Reporting Person CO | ||||||
-8-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIR CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 22,374 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 22,374 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 22,374 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.4% | ||||||
12 | Type of Reporting Person FI | ||||||
-9-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIIR CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,874 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,874 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,874 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-10-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIIR CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,874 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,874 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,874 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-11-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIV CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 18,999 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 18,999 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 18,999 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person CO | ||||||
-12-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIV CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 18,999 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 18,999 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 18,999 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of
Reporting Person FI | ||||||
-13-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXVR CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 10,974 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 10,974 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 10,974 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-14-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXVR CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 10,974 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 10,974 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 10,974 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-15-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXVII CLO Issuer Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,083 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,083 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,083 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person CO | ||||||
-16-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXVII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,083 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,083 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,083 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person FI | ||||||
-17-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXVIII CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 10,408 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 10,408 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 10,408 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-18-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXVIII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 10,408 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 10,408 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 10,408 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-19-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIX CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,874 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,874 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,874 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-20-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XXXIX CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,874 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,874 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,874 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-21-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XL CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,533 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,533 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,533 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person CO | ||||||
-22-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XL CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,533 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,533 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,533 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person FI | ||||||
-23-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLI CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 15,166 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 15,166 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 15,166 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person CO | ||||||
-24-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLI CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 15,166 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 15,166 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 15,166 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person FI | ||||||
-25-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLII CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,403 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,403 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,403 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-26-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,403 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,403 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,403 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-27-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLIII CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,607 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,607 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,607 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person CO | ||||||
-28-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLIII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Pow
er 17,607 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,607 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,607 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person FI | ||||||
-29-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLIV CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 43,316 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 43,316 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 43,316 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.7% | ||||||
12 | Type of Reporting Person CO | ||||||
-30-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLIV CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 43,316 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 43,316 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 43,316 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.7% | ||||||
12 | Type of Reporting Person FI | ||||||
-31-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLV CLO Issuer Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,265 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,265 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,265 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-32-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLV CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,265 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,265 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,265 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-33-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLVI CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 14,657 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 14,657 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 14,657 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-34-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLVI CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 14,657 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 14,657 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 14,657 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-35-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLVII CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,100 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,100 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,100 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person CO | ||||||
-36-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLVII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
& #xA0; | 4 | Citizen or Place of Organization Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 17,100 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 17,100 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 17,100 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.3% | ||||||
12 | Type of Reporting Person FI | ||||||
-37-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLVIII CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 12,843 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 12,843 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 12,843 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-38-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLVIII CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 12,843 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 12,843 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 12,843 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-39-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLIX CLO Tax Subsidiary Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,332 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,332 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,332 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person CO | ||||||
-40-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares XLIX CLO Ltd. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Cayman Islands | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 11,332 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 11,332 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 11,332 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 0.2% | ||||||
12 | Type of Reporting Person FI | ||||||
-41-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Management LLC | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person OO (Limited Liability Company) | ||||||
-42-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Management Holdings L.P. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person PN | ||||||
-43-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Holdco LLC | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person OO (Limited Liability Company) | ||||||
-44-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Holdings Inc. | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person CO | ||||||
-45-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Management Corporation | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person CO | ||||||
-46-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Voting LLC | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent
of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person OO (Limited Liability Company) | ||||||
-47-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Management GP LLC | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person OO (Limited Liability Company) | ||||||
-48-
CUSIP No. 866142409 | Schedule 13G | ||||||
1 | Names of Reporting Persons Ares Partners Holdco LLC | ||||||
2 | Check the Appropriate Box if a Member of a Group | ||||||
(a) | o | ||||||
(b) | o | ||||||
3 | SEC Use Only | ||||||
4 | Citizen or Place of Organization Delaware | ||||||
Number of Shares Beneficially Owned by Each Reporting Person With |
5 | Sole Voting Power 0 | |||||
6 | Shared Voting Power 312,143 | ||||||
7 | Sole Dispositive Power 0 | ||||||
8 | Shared Dispositive Power 312,143 | ||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 312,143 | ||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o Not Applicable | ||||||
11 | Percent of Class Represented by Amount in Row 9 5.1% | ||||||
12 | Type of Reporting Person OO (Limited Liability Company) | ||||||
-49-
Item 1. | ||
(a) | Name of Issuer: Summit Midstream Partners, LP (the “Issuer”) | |
(b) |
Address of Issuer’s Principal Executive Offices: Houston, TX 77002 | |
Item 2. | ||
(a) | Name of Person Filing: Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons”. This statement is filed on behalf of the Ares Direct Holders (as defined below), the Ares Lenders of Record (as defined below), Ares Management LLC, Ares Management Holdings L.P. (“Ares Management Holdings”), Ares Holdco LLC (“Ares Holdco”), Ares Holdings Inc. (“Ares Holdings”), Ares Management Corporation (“Ares Management”), Ares Voting LLC (“Ares Voting”), Ares Management GP LLC (“Ares Management GP”) and Ares Partners Holdco LLC (“Ares Partners”). | |
(b) | Address or Principal Business Office: The business address of each Reporting Person is 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067. | |
(c) |
Citizenship of each Reporting Person is:
Each of the Ares Lenders of Record is organized in the Cayman Islands. | |
(d) | Title of Class of Securities: Common Units | |
(e) | CUSIP Number: 866142409 |
Item 3.
Not applicable.
Item 4. | Ownership |
Ownership (a-b)
Pursuant to the Transaction Support Agreement (the “TSA”), dated as of September 29, 2020, by and among the Issuer, Summit Midstream Partners Holdings, LLC (“SMP Holdings”), Summit Midstream Partners, LLC (“Summit Investments”) (each subsidiaries of the Issuer), and the Directing Lenders (as defined therein), the parties to the TSA agreed to discharge and restructure certain indebtedness under the Term Loan Agreement (the “Term Loan”), dated as of March 21, 2017, by and among SMP Holdings, as borrower, and the lenders party thereto, including certain of the Reporting Persons (the “Term Loan Lenders”).
As contemplated by the TSA and pursuant to the terms of the Strict Foreclosure Agreement (the “Strict Foreclosure Agreement”), dated as of November 17, 2020 (the “Closing Date”), by and among SMP Holdings, Summit Investments and the Term Loan Agent (as defined therein), the Directing Lenders directed the Term Loan Agent to execute a strict foreclosure on behalf of the Directing Lenders on 2,306,972 Common Units pledged as collateral under the Term Loan (the “Specified Collateral”) due to SMP Holdings’ failure to pay certain required amortization payments. Pursuant to the Strict Foreclosure Agreement, SMP Holdings and Summit Investments entered into a General Assignment and Bill of Sale on the Closing Date, pursuant to which SMP Holdings and Summit Investments assigned, transferred and conveyed the Specified Collateral to all Term Loan Lenders on a pro rata basis (the “Assignment”). As a result of the Assignment, the Ares Direct Holders (as defined below) acquired beneficial ownership of the Common Units described in this Schedule 13G.
The ownership information presented below sets forth the number and percentage of the Issuer’s Common Units that each Reporting Person beneficially owns or may be deemed to beneficially own as of the filing date of this Schedule 13G, based on (i) 3,774,992 Common Units issued and outstanding as of November 9, 2020 (as disclosed by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on November 10, 2020) plus (ii) 2,306,972 Common Units transferred to the Term Loan Lenders in connection with the Assignment. The Reporting Persons collectively beneficially own or may be deemed to beneficially own an aggregate of 312,143 Common Units. Such Common Units are held of record by the Reporting Persons listed under the heading “Ares Direct Holder” in the table below (each, an “Ares Direct Holder,” and collectively, the “Ares Direct Holders”) in the amounts set forth opposite each such Ares Direct Holder’s respective name. Each of the Reporting Persons listed under the heading “Ares Lender of Record” in the table below (each, an “Ares Lender of Record,” and collectively, “Ares Lenders of Record”) directly controls the Ares Direct Holder set forth opposite its respective name.
Ares Direct Holder | Number of Common Units Held of Record |
Percent of Class |
Ares Lender of Record |
Ares XXVII CLO Tax Subsidiary Inc. | 12,189 | 0.2% | Ares XXVII CLO Ltd. |
Ares XXVIIIR CLO Tax Subsidiary Inc. | 13,531 | 0.2% | Ares XXVIIIR CLO Ltd. |
Ares XXIX CLO Tax Subsidiary Inc. | 10,615 | 0.2% | Ares XXIX CLO Ltd. |
Ares XXXIR CLO Tax Subsidiary Inc. | 22,374 | 0.4% | Ares XXXIR CLO Ltd. |
Ares XXXIIR CLO Tax Subsidiary Inc. | 11,874 | 0.2% | Ares XXXIIR CLO Ltd. |
Ares XXXIV CLO Tax Subsidiary Inc. | 18,999 | 0.3% | Ares XXXIV CLO Ltd. |
Ares XXXVR CLO Tax Subsidiary Inc. | 10,974 | 0.2% | Ares XXXVR CLO Ltd. |
Ares XXXVII CLO Issuer Subsidiary Inc. | 17,083 | 0.3% | Ares XXXVII CLO Ltd. |
Ares XXXVIII CLO Tax Subsidiary Inc. | 10,408 | 0.2% | Ares XXXVIII CLO Ltd. |
Ares XXXIX CLO Tax Subsidiary Inc. | 11,874 | 0.2% | Ares XXXIX CLO Ltd. |
Ares XL CLO Tax Subsidiary Inc. | 17,533 | 0.3% | Ares XL CLO Ltd. |
Ares XLI CLO Tax Subsidiary Inc. | 15,166 | 0.3% | Ares XLI CLO Ltd. |
Ares XLII CLO Tax Subsidiary Inc. | 11,403 | 0.2% | Ares XLII CLO Ltd. |
Ares XLIII CLO Tax Subsidiary Inc. | 17,607 | 0.3% | Ares XLIII CLO Ltd. |
Ares XLIV CLO Tax Subsidiary Inc. | 43,316 | 0.7% | Ares XLIV CLO Ltd. |
Ares XLV CLO Issuer Subsidiary Inc. | 11,265 | 0.2% | Ares XLV CLO Ltd. |
Ares XLVI CLO Tax Subsidiary Inc. | 14,657 | 0.2% | Ares XLVI CLO Ltd. |
Ares XLVII CLO Tax Subsidiary Inc. | 17,100 | 0.3% | Ares XLVII CLO Ltd. |
Ares XLVIII CLO Tax Subsidiary Inc. | 12,843 | 0.2% | Ares XLVIII CLO Ltd. |
Ares XLIX CLO Tax Subsidiary Inc. | 11,332 | 0.2% | Ares XLIX CLO Ltd. |
Ares Management LLC controls, directly or indirectly, each Ares Lender of Record. The sole member of Ares Management LLC is Ares Management Holdings, and the general partner of Ares Management Holdings is Ares Holdco. The sole member of Ares Holdco is Ares Holdings. The sole stockholder of Ares Holdings is Ares Management. Ares Management GP is the sole holder of the Class B Common Stock, $0.01 par value per share, of Ares Management (the “Class B Common Stock”) and Ares Voting is the sole holder of the Class C common stock, $0.01 par value per share, of Ares Management (the “Class C Common Stock”). Pursuant to Ares Management’s Certificate of Incorporation in effect as of the date of this Schedule 13G, the holders of the Class B Common Stock and the Class C Common Stock, collectively, will generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Michael R. McFerran, Antony P. Ressler and Bennett Rosenthal (collectively, the “Board Members”). Mr. Ressler generally has veto authority over decisions by the Board Members.
Each of the Reporting Persons (other than the Ares Direct Holders, in each case, solely with respect to the Common Units held of record by each such Ares Direct Holder as set forth above), the Board Members and the other directors, officers, partners, stockholders, members and managers of the Reporting Persons, expressly disclaims beneficial ownership of the Common Units for purposes of Section 13(d) of the Act and the rules under Section 13(d) of the Act.
(c) The information contained on the cover pages to this Schedule 13G is incorporated herein by reference.
Item 5. |
Ownership of Five Percent or Less of a Class |
Not applicable.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company |
Not applicable.
Item 8. | Identification and Classification of Members of the Group |
Not applicable.
Item 9. | Notice of Dissolution of Group |
Not applicable.
Item 10. | Certification |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: November 27, 2020
Ares XXVII CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXVII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXVIIIR CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXVIIIR CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares XXIX CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXIX CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIR CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIR CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIIR CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIIR CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares XXXIV CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIV CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXVR CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXVR CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXVII CLO Issuer Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXVII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares XXXVIII CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXVIII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIX CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XXXIX CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XL CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XL CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares XLI CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLI CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLII CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLIII CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLIII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares XLIV CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLIV CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLV CLO Issuer Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLV CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLVI CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLVI CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares XLVII CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLVII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLVIII CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLVIII CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLIX CLO Tax Subsidiary Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares XLIX CLO Ltd. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
Ares Management LLC | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Management Holdings L.P. | ||
By: | Ares Holdco LLC | |
Its: | General Partner | |
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Holdco LLC | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Holdings Inc. | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Management Corporation | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Management GP LLC | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Voting LLC | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory | |
Ares Partners Holdco LLC | ||
Signed: | /s/ Naseem Sagati Aghili | |
Name: | Naseem Sagati Aghili | |
Title: | Authorized Signatory |
LIST OF EXHIBITS
Exhibit No. | Description | |
99.1 | Joint Filing Agreement |