FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

QUICKSILVER RESOURCES INC
2. Issuer Name and Ticker or Trading Symbol

Quicksilver Gas Services LP [ KGS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

801 CHERRY STREET, SUITE 3700, UNIT 19
3. Date of Earliest Transaction (MM/DD/YYYY)

10/1/2010
(Street)

FORT WORTH, TX 76102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units representing limited partner interests   10/1/2010     S    5696752   D   (1) 0   I   (1)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Subordinated Units representing limited partner interests   $0   10/1/2010     S      11513625         (2)   (2) Common Units   11513625     (1) 0   I   (1)  

Explanation of Responses:
( 1)  On October 1, 2010, pursuant to a Purchase Agreement dated July 22, 2010, as amended, between the Reporting Person and its wholly-owned subsidiaries Cowtown Gas Processing L.P. and Cowtown Pipline L.P. (the "Selling Subsidiaries") and Crestwood Holding LLC (f/k/a First Reserve Crestwood Holdings LLC) (the "Buyer"), the Reporting Person sold, through its Selling Subsidiaries, all of its interests in Quicksilver Gas Services LP ("KGS"), including 100% of its interests in KGS' general partner and all of its common units (5,696,752 units), subordinated units (11,513,625 units), general partner units (469,944 units) and incentive distribution rights. Buyer also purchased from the Reporting Person the Subordinated Promissory Note, dated August 10, 2007, issued by KGS to the Reporting Person. In consideration therefor, the Reporting Person received $701 million and may potentially receive up to $72 million in future earn-out payments.
( 2)  The subordinated units will convert to an equal number of common units when KGS has earned and paid at least $0.30 per quarter on each common unit, subordinated unit and general partner unit for any three consecutive years. The subordinated units have no expiration date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
QUICKSILVER RESOURCES INC
801 CHERRY STREET
SUITE 3700, UNIT 19
FORT WORTH, TX 76102

X

Cowtown Gas Processing L.P.
801 CHERRY STREET
SUITE 3700, UNIT 19
FORT WORTH, TX 76102

X

Cowtown Pipeline Funding, Inc.
801 CHERRY STREET
SUITE 3700, UNIT 19
FORT WORTH, TX 76102

X

Cowtown Pipeline Management, Inc.
801 CHERRY STREET
SUITE 3700, UNIT 19
FORT WORTH, TX 76102

X

Cowtown Pipeline L.P.
801 CHERRY STREET
SUITE 3700, UNIT 19
FORT WORTH, TX 76102

X


Signatures
John C. Cirone, Senior Vice President, General Counsel and Secretary for Quicksilver Resources Inc. 10/5/2010
** Signature of Reporting Person Date

John C. Cirone, Senior Vice President, General Counsel and Secretary for Cowtown Pipeline Management Inc., the General Partner of Cowtown Gas Processing L.P. 10/5/2010
** Signature of Reporting Person Date

John C. Cirone, Senior Vice President, General Counsel and Secretary for Cowtown Pipeline Funding, Inc. 10/5/2010
** Signature of Reporting Person Date

John C. Cirone, Senior Vice President, General Counsel and Secretary for Cowtown Pipeline Management Inc. 10/5/2010
** Signature of Reporting Person Date

John C. Cirone, Senior Vice President, General Counsel and Secretary for Cowtown Pipeline Management Inc., the General Partner of Cowtown Pipeline L.P. 10/5/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
Kodiak Gas Services (NYSE:KGS)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Kodiak Gas Services 차트를 더 보려면 여기를 클릭.
Kodiak Gas Services (NYSE:KGS)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Kodiak Gas Services 차트를 더 보려면 여기를 클릭.