CUSIP No. 23311P100 | |||
1 | NAMES OF REPORTING PERSONS DCP Midstream, LLC | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o | ||
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO (see Item 3) | ||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 50,874,908 Common Units | |
8 | SHARED VOTING POWER 1,887,618 Common Units | ||
9 | SOLE DISPOSITIVE POWER 50,874,908 Common Units | ||
10 | SHARED DISPOSITIVE POWER 1,887,618 Common Units | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 52,762,526 Common Units | ||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 36.8% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC; OO — limited liability company |
CUSIP No. 23311P100 | |||
1 | NAMES OF REPORTING PERSONS DCP LP Holdings, LLC | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o | ||
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) OO (see Item 3) | ||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 Common Units | |
8 | SHARED VOTING POWER 0 Common Units | ||
9 | SOLE DISPOSITIVE POWER 0 Common Units | ||
10 | SHARED DISPOSITIVE POWER 0 Common Units | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 Common Units | ||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO — limited liability company |
(a) | Name of Persons Filing this Statement: |
(1) | DCP Midstream, LLC, a Delaware limited liability company (“Midstream”), prior to January 1, 2017, served as the managing member of Holdings (as defined below). Midstream is the sole member of DCP Midstream GP, LLC (“GP LLC”), the general partner of the DCP Midstream GP, LP (the "General Partner”), the general partner of the Partnership. |
(2) | DCP LP Holdings, LLC, a Delaware limited liability company (“Holdings” and together with Midstream, the “Reporting Persons”). |
(b) | Principal Business Address and Principal Office Address of Reporting Persons: |
(c) | Present Principal Occupation or Principal Business: |
(1) | The principal business of Midstream is to own, directly or indirectly, equity interests in GP LLC, the General Partner and the Partnership. |
(2) | The principal business of Holdings is to engage directly in, or enter into or form, hold and dispose of any corporation, partnership, joint venture, limited liability company or other arrangement to engage indirectly in, any business activity that lawfully may be conducted by a limited liability company organized pursuant to the Delaware Limited Liability Company Act. |
Name | Business Address | Position | Principal Occupation | Amount Beneficially Owned |
Wouter T. van Kempen | * | Chairman of the Board, President, and Chief Executive Officer | ** | 2,540*** |
Brent L. Backes | * | Group Vice President, General Counsel, and Corporate Secretary | ** | 10,406*** |
Donald A. Baldridge | * | President | ** | 10,688*** |
Brian S. Frederick | * | President | ** | 5,500*** |
Sean P. O’Brien | * | Group Vice President and Chief Financial Officer | ** | 0 |
Gregory L. Ebel | * | Director | President and Chief Executive Officer, Spectra Energy Corp | 0 |
John Patrick Reddy | * | Director | Chief Financial Officer, Spectra Energy Corp | 0 |
Greg C. Garland | * | Director | Chairman and Chief Executive Officer, Phillips 66 | 0 |
Kevin J. Mitchell | * | Director | Executive Vice President and Chief Financial Officer, Phillips 66 | 3,000 |
* | The principal business address and principal office address of the executive officers and directors listed above is 370 17th Street, Suite 2500, Denver, Colorado 80202. |
** | The principal occupation of the executive officers and directors listed above is their position or positions as an executive officer and/or director of Midstream. |
(d) | None of the entities or persons identified in this Item 2 has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
(e) | None of the entities or persons identified in this Item 2 has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. |
(f) | Each of the natural persons identified in this Item 2 is a U.S. citizen. Mr. van Kempen is a dual citizen of the U.S. and the Netherlands. |
(a) | None. |
(b) | None. |
(c) | None. |
(d) | None. |
(e) | None. |
(f) | None. |
(g) | None. |
(h) | None. |
(i) | None. |
(j) | Except as described in this Item 4, the Reporting Persons do not have, as of the date of this Schedule 13D/A, any other plans or proposals that relate to or would result in any of the actions or events specified in clauses (a) through (i) of Item 4 of Schedule 13D. The Reporting Persons may change their plans or proposals in the future. In determining from time to time whether to sell the Common Units reported as beneficially owned in this Schedule 13D/A (and in what amounts) or to retain such securities, the Reporting Persons will take into consideration such factors as they deem relevant, including the business and prospects of the Partnership, anticipated future developments concerning the Partnership, existing and anticipated market conditions from time to time, general economic conditions, regulatory matters, and other opportunities available to the Reporting Persons. The Reporting Persons reserve the right to acquire additional Common Units of the Partnership in the open market, in privately negotiated transactions (which may be with the Partnership or with third parties) or otherwise, to dispose of all or a portion of their holdings of Common Units of the Partnership or to change their intention with respect to any or all of the matters referred to in this Item 4. |
(a) | (1) Midstream is the direct beneficial owner of 50,874,908 Common Units, representing approximately 35.5% of the Common Units outstanding as of January 1, 2017. |
(2) | Holdings is the direct beneficial owner of 0 Common Units, representing approximately 0.0% of the Common Units outstanding as of January 1, 2017. |
(3) | In its capacity as the sole member of GP LLC, the general partner of the General Partner Midstream may, pursuant to Rule 13d-3 under the Exchange Act, be deemed to be the indirect beneficial owner of 1,887,618 Common Units held directly by the General Partner representing approximately 1.3% of the Common Units outstanding as of January 1, 2017. |
(4) | The information provided in response to Item 2 regarding the aggregate number and percentage of Common Units beneficially owned by the Listed Persons is incorporated by reference herein. |
(b) | The information set forth in Items 7 through 11 of the cover pages hereto is incorporated herein by reference. |
(c) | Not applicable. |
(d) | The Reporting Persons have the right to receive distributions made with respect to, and the proceeds from the sale of, the respective Common Units reported by such persons on the cover pages of this Amendment No. 9 and in this Item 5. See Item 2 for the information applicable to the Listed Persons. Except for the foregoing, no other person is known by the Reporting Persons to have the right to receive or the power to direct the receipt of distributions from, or the proceeds from the sale of, Common Units beneficially owned by the Reporting Persons or, to the Reporting Persons’ knowledge, the Listed Persons. |
(e) | Not applicable. |
Exhibit Number | Description |
Exhibit 3.1 | Second Amended and Restated Limited Partnership Agreement of DCP Midstream Partners, LP, dated November 1, 2006, incorporated herein by reference to Exhibit 3.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on November 7, 2006 (File No. 001-32678). |
Exhibit 3.2 | Amendment No. 1 to Second Amended and Restated Agreement of Limited Partnership of DCP Midstream Partners, LP, dated April 11, 2008, incorporated herein by reference to Exhibit 4.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on April 14, 2008 (File No. 001-32678). |
Exhibit Number | Description |
Exhibit 3.3 | Amendment No. 2 to Second Amended and Restated Agreement of Limited Partnership of DCP Midstream Partners, LP, dated April 1, 2009, incorporated herein by reference to Exhibit 3.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on April 7, 2009 (File No. 001-32678). |
Exhibit 10.1 | Registration Statement on Form S-1 of DCP Midstream Partners, LP, dated November 23, 2005, incorporated herein by reference (File No. 333-128378). |
Exhibit 10.2 | Contribution Agreement, dated October 9, 2006, between DCP Midstream Partners, LP and DCP LP Holdings, LLC, incorporated herein by reference to Exhibit 10.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on October 13, 2006 (File No. 001-32678). |
Exhibit 10.3 | Contribution Agreement, dated May 21, 2007, between DCP LP Holdings, LP, DCP Midstream, LLC, DCP Midstream GP, LP and DCP Midstream Partners, LP, incorporated herein by reference to Exhibit 10.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on May 25, 2007 (File No. 001-32678). |
Exhibit 10.4 | Contribution Agreement, dated February 24, 2009, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to Exhibit 10.16 to DCP Midstream Partners, LP’s Form 10-K filed with the Commission on March 5, 2009 (File No. 001-32678). |
Exhibit 10.5 | Form 8-K of DCP Midstream Partners, LP, filed with the Commission on February 26, 2009, incorporated herein by reference (File No. 001-32678). |
Exhibit 10.6 | Form 8-K of DCP Midstream Partners, LP, filed with the Commission on April 7, 2009, incorporated herein by reference (File No. 001-32678). |
Exhibit 10.7 | Contribution Agreement, dated November 4, 2011, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to Exhibit 10.7 to DCP Midstream, LLC and DCP LP Holdings, LLC’s Amendment No. 3 to Schedule 13D filed with the Commission on January 13, 2012 (File No. 005-81287). |
Exhibit 10.8 | Contribution Agreement, dated February 27, 2012, as amended on March 30, 2012, among DCP Midstream Partners, LP, DCP LP Holdings, LLC and DCP Midstream, LLC, incorporated herein by reference to each of the exhibits listed as Exhibit 2.1 to DCP Midstream Partners, LP’s Current Reports on Form 8-K filed with the Commission on each of March 1, 2012 and April 5, 2012, respectively (File No. 001-32678). |
Exhibit 10.9 | Contribution Agreement, dated June 25, 2012, among DCP Midstream Partners, LP, DCP LP Holdings, LLC and DCP Midstream, LLC, incorporated herein by reference to Exhibit 2.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on June 29, 2012 (File No. 001-32678). |
Exhibit 10.10 | Contribution Agreement, dated November 2, 2012, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to Exhibit 2.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on November 7, 2012 (File No. 001-32678). |
Exhibit 10.11 | Contribution Agreement, dated February 27, 2013, as amended on March 28, 2013, among DCP Midstream Partners, LP, DCP LP Holdings, LLC and DCP Midstream, LLC, incorporated herein by reference to each of the exhibits listed as Exhibit 2.1 to DCP Midstream Partners, LP’s Current Reports on Form 8-K filed with the Commission on each of February 27, 2013 and April 3, 2013, respectively (File No. 001-32678). |
Exhibit 10.12 | Contribution Agreement, dated February 25, 2014, as amended on February 27, 2014 and March 28, 2014, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to each of the exhibits listed as Exhibit 2.1 to DCP Midstream Partners, LP’s Current Reports on Form 8-K filed with the Commission on each of February 26, 2014, February 28 and April 2, 2014, respectively (File No. 001-32678). |
Exhibit 10.13 | Contribution Agreement, dated December 30, 2016, by and among DCP Midstream, LLC, DCP Midstream Partners, LP and DCP Midstream Operating, LP, incorporated herein by reference to Exhibit 2.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on January 6, 2017 (File No. 001-32678). |
Exhibit 99.1 | Joint Filing Agreement, dated February 28, 2008, between DCP Midstream, LLC and DCP LP Holdings, LLC, previously filed as Exhibit 99.1 to DCP Midstream, LLC and DCP LP Holdings, LLC’s Schedule 13D filed with the Commission on February 28, 2008 (File No. 005-81287). |
January 12, 2017 | DCP MIDSTREAM, LLC |
By: /s/ Brent L. Backes | |
Name: Brent L. Backes | |
Title: Group Vice President, General Counsel and Corporate Secretary | |
DCP LP HOLDINGS, LLC | |
By: /s/ Brent L. Backes | |
Name: Brent L. Backes | |
Title: Group Vice President, General Counsel and Corporate Secretary |
Exhibit Number | Description |
Exhibit 3.1 | Second Amended and Restated Limited Partnership Agreement of DCP Midstream Partners, LP, dated November 1, 2006, incorporated herein by reference to Exhibit 3.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on November 7, 2006 (File No. 001-32678). |
Exhibit 3.2 | Amendment No. 1 to Second Amended and Restated Agreement of Limited Partnership of DCP Midstream Partners, LP, dated April 11, 2008, incorporated herein by reference to Exhibit 4.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on April 14, 2008 (File No. 001-32678). |
Exhibit 3.3 | Amendment No. 2 to Second Amended and Restated Agreement of Limited Partnership of DCP Midstream Partners, LP, dated April 1, 2009, incorporated herein by reference to Exhibit 3.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on April 7, 2009 (File No. 001-32678). |
Exhibit 10.1 | Registration Statement on Form S-1 of DCP Midstream Partners, LP, dated November 23, 2005, incorporated herein by reference (File No. 333-128378). |
Exhibit 10.2 | Contribution Agreement, dated October 9, 2006, between DCP Midstream Partners, LP and DCP LP Holdings, LLC, incorporated herein by reference to Exhibit 10.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on October 13, 2006 (File No. 001-32678). |
Exhibit 10.3 | Contribution Agreement, dated May 21, 2007, between DCP LP Holdings, LP, DCP Midstream, LLC, DCP Midstream GP, LP and DCP Midstream Partners, LP, incorporated herein by reference to Exhibit 10.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on May 25, 2007 (File No. 001-32678). |
Exhibit 10.4 | Contribution Agreement, dated February 24, 2009, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to Exhibit 10.16 to DCP Midstream Partners, LP’s Form 10-K filed with the Commission on March 5, 2009 (File No. 001-32678). |
Exhibit 10.5 | Form 8-K of DCP Midstream Partners, LP, filed with the Commission on February 26, 2009, incorporated herein by reference (File No. 001-32678). |
Exhibit 10.6 | Form 8-K of DCP Midstream Partners, LP, filed with the Commission on April 7, 2009, incorporated herein by reference (File No. 001-32678). |
Exhibit 10.7 | Contribution Agreement, dated November 4, 2011, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to Exhibit 10.7 to DCP Midstream, LLC and DCP LP Holdings, LLC’s Amendment No. 3 to Schedule 13D filed with the Commission on January 13, 2012 (File No. 005-81287). |
Exhibit 10.8 | Contribution Agreement, dated February 27, 2012, as amended on March 30, 2012, among DCP Midstream Partners, LP, DCP LP Holdings, LLC and DCP Midstream, LLC, incorporated herein by reference to each of the exhibits listed as Exhibit 2.1 to DCP Midstream Partners, LP’s Current Reports on Form 8-K filed with the Commission on each of March 1, 2012 and April 5, 2012, respectively (File No. 001-32678). |
Exhibit 10.9 | Contribution Agreement, dated June 25, 2012, among DCP Midstream Partners, LP, DCP LP Holdings, LLC and DCP Midstream, LLC, incorporated herein by reference to Exhibit 2.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on June 29, 2012 (File No. 001-32678). |
Exhibit 10.10 | Contribution Agreement, dated November 2, 2012, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to Exhibit 2.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on November 7, 2012 (File No. 001-32678). |
Exhibit 10.11 | Contribution Agreement, dated February 27, 2013, as amended on March 28, 2013, among DCP Midstream Partners, LP, DCP LP Holdings, LLC and DCP Midstream, LLC, incorporated herein by reference to each of the exhibits listed as Exhibit 2.1 to DCP Midstream Partners, LP’s Current Reports on Form 8-K filed with the Commission on each of February 27, 2013 and April 3, 2013, respectively (File No. 001-32678). |
Exhibit 10.12 | Contribution Agreement, dated February 25, 2014, as amended on February 27, 2014 and March 28, 2014, among DCP Midstream Partners, LP, DCP LP Holdings, LLC, DCP Midstream GP, LP and DCP Midstream, LLC, incorporated herein by reference to each of the exhibits listed as Exhibit 2.1 to DCP Midstream Partners, LP’s Current Reports on Form 8-K filed with the Commission on each of February 26, 2014, February 28 and April 2, 2014, respectively (File No. 001-32678). |
Exhibit 10.13 | Contribution Agreement, dated December 30, 2016, by and among DCP Midstream, LLC, DCP Midstream Partners, LP and DCP Midstream Operating, LP, incorporated herein by reference to Exhibit 2.1 to DCP Midstream Partners, LP’s Form 8-K filed with the Commission on January 6, 2017 (File No. 001-32678). |
Exhibit 99.1 | Joint Filing Agreement, dated February 28, 2008, between DCP Midstream, LLC and DCP LP Holdings, LLC, previously filed as Exhibit 99.1 to DCP Midstream, LLC and DCP LP Holdings, LLC’s Schedule 13D filed with the Commission on February 28, 2008 (File No. 005-81287). |