Keith Benson - Dec 22, 2021 Form 4 Insider Report for Landmark Infrastructure Partners LP (LMRK)

Role
Director
Signature
/s/ George P. Doyle, Attorney-in-Fact for Keith Benson
Stock symbol
LMRK
Transactions as of
Dec 22, 2021
Transactions value $
-$168,218
Form type
4
Date filed
12/27/2021, 03:30 PM
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMRK Common Units (Limited Partnership Interests) Disposed to Issuer -$168K -10.2K -100% $16.50 0 Dec 22, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Keith Benson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 22, 2021, LM Infra Acquisition Company, LLC, an affiliate of Landmark Dividend LLC ("LM Infra"), acquired the Issuer pursuant to a series of transactions contemplated by that certain transaction agreement dated as of August 21, 2021 (the "Transaction Agreement"). In accordance with the Transaction Agreement, among a series of other transactions, the Issuer merged with and into Digital LD MergerCo, LLC ("Merger Sub"), with Merger Sub surviving such merger as a wholly-owned subsidiary of LM Infra (the "Merger"). At the effective time of the Merger, each issued and outstanding Common Unit of the Issuer (other than certain excluded shares) automatically converted into the right to receive $16.50 in cash.

Remarks:

The Reporting Person is a director of Landmark Infrastructure Partners GP LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.