Crescent Energy names six 10% owners of its stock
The ownership notes identify two entities as direct holders and exclude restricted shares granted to certain officers.
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Rhea-AI Filing Summary
Crescent Energy Co's Form 3 lists six reporting persons, each identified as a ten percent owner: Independence Energy Aggregator L.P., KKR Financial Holdings LLC, KKR Group Assets Holdings III L.P., KKR Group Assets III GP LLC, KKR Upstream Associates LLC and Independence Energy Aggregator GP LLC. The reported Class A common stock is held directly by Independence Energy Aggregator L.P. and KKR Upstream Associates LLC. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interests. The reported amount excludes 1,500,000 restricted shares granted to certain officers, subject to time-based vesting.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1, F3, F4 | -- | -- | -- |
| holding | Class A Common Stock F5, F2, F3, F4 | -- | -- | -- |
Footnotes (5)
- F1. Reflects securities held directly by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the managing member of Independence Energy Aggregator GP LLC.
- F2. Reflects securities held directly by KKR Upstream Associates LLC.
- F3. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Gorup Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.
- F4. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
- F5. This amount excludes an aggregate of 1,500,000 restricted shares granted to certain officers of the Issuer (subject to certain time-based vesting conditions). The Reporting Persons disclaim beneficial ownership over such shares for purposes of Section 16 of the Securities Exchange Act of 1934.
Key Figures
Key Terms
beneficial ownership regulatory
pecuniary interest financial
time-based vesting conditions financial
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