X0306 4 2018-02-07 0 0001633651 Tallgrass Energy GP, LP TEGP 0001079290 BERNEY PHILIP E C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001323752 Connors James J II C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001421668 Moore Church M C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001405474 Collins Christopher L C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001574735 Alexander Anna Lynn C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001570938 Matlin Howard A. C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001600755 Kim John K C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001628154 Mannix Henry III C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 0 0 1 0 0001300363 Loverro Frank J C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 1 0 1 0 0001403550 OSBORNE STANLEY DE J C/O KELSO & COMPANY 320 PARK AVENUE, 24TH FLOOR NEW YORK NY 10022 1 0 1 0 Class B shares 2018-02-07 4 J 0 11646401 A 46727603 I By partnership Units in Tallgrass Equity, LLC 2018-02-07 4 J 0 11646401 A Class A shares 11646401 46727603 I By partnership Pursuant to the First Amended and Restated Agreement of Limited Partnership of the Issuer dated May 12, 2015 (the "Partnership Agreement"), KIA VIII (Rubicon), L.P. ("KIA VIII") and KEP VI AIV (Rubicon), LLC ("KEP VI AIV") each have the right, at any time following the expiration of a lock-up period and from time to time, to immediately exchange (the "Exchange Right") Class B shares of the Issuer (the "Class B shares") and a corresponding number of Units of limited liability company interest in Tallgrass Equity, LLC ("Tallgrass Equity", and such Units, the "Units", and each Class B share and Unit so exchanged, together, an "Exchange Unit") for a like number of Class A shares of the Issuer (the "Class A shares"), not to exceed, in the aggregate, the total number of Exchange Units held by KIA VIII or KEP VI AIV, as applicable. As a result, the Reporting Persons may be deemed to beneficially own the Class A shares receivable upon election of the Exchange Right. On February 7, 2018, the Issuer, Tallgrass Development, LP, a Delaware limited partnership ("Development"), Tallgrass Equity, Tallgrass Development Holdings, LLC, a Delaware limited liability company and wholly owned subsidiary of TE ("Merger Sub"), and, for certain limited purposes, Tallgrass Energy Holdings, LLC, a Delaware limited liability company ("Holdings") entered into a definitive Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which Development merged with and into Merger Sub, with Merger Sub remaining as the surviving company (the "Merger"), in exchange for (i) 27,554,785 Units, and (ii) 27,554,785 Class B Shares (such Units and Class B Shares, together, the "Merger Consideration"). The Merger Consideration was paid to the limited partners of Development upon the closing of the Merger. Pursuant to the terms of the Merger Agreement, Merger Consideration of 9,919,280 Units and Class B Shares were issued to KIA VIII and 1,727,121 Units and Class B Shares were issued to KEP VI AIV, in their respective capacities as limited partners of Development. Consists of 39,798,058 Class B shares owned of record by KIA VIII and 6,929,545 Class B shares owned of record by KEP VI AIV following the transactions reported in this line of this Form 4. Kelso GP VIII, LLC ("GP VIII, LLC") is the general partner of KIA VIII (Rubicon) GP, L.P. ("GP VIII, L.P." and, together with GP VIII, LLC, the "Kelso GPs"). GP VIII, L.P. is the general partner of KIA VIII. GP VIII, LLC and GP VIII, L.P. could be deemed to share beneficial ownership of securities owned of record or deemed to be beneficially owned by KIA VIII. GP VIII, LLC and GP VIII, L.P. each disclaim beneficial ownership of all of the securities reported herein except to the extent of its respective pecuniary interest, if any, therein, and the inclusion of these securities in this report shall not be deemed to be an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. KIA VIII and KEP VI AIV, due to their common control, could be deemed to beneficially own each of the other's securities. KIA VIII and KEP VI AIV each disclaim beneficial ownership of all of the securities deemed to be beneficially owned by the other and the inclusion of these securities in this report shall not be deemed to be an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. The Kelso GPs and KEP VI AIV, due to their common control, could be deemed to beneficially own each of the other's securities. The Kelso GPs and KEP VI AIV each disclaim beneficial ownership of all of the securities owned of record or deemed to be beneficially owned by the other or owned of record by KIA VIII and the inclusion of these securities in this report shall not be deemed to be an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. Frank T. Nickell, Thomas R. Wall, IV, George E. Matelich, Michael B. Goldberg, David I. Wahrhaftig, Frank K. Bynum, Jr., Philip E. Berney, Frank J. Loverro, James J. Connors, II, Church M. Moore, Stanley de J. Osborne, Christopher L. Collins, A. Lynn Alexander, Howard A. Matlin, John K. Kim, Henry Mannix, III, Mathew S. Edgerton, and Stephen C. Dutton (the "Kelso Individuals") could be deemed to share beneficial ownership of securities owned of record by KIA VIII and KEP VI AIV or deemed to be beneficially owned by GP VIII, LLC or GP VIII, L.P., by virtue of their status as managing members of KEP VI AIV and of GP VIII, LLC. The Kelso Individuals each disclaim beneficial ownership of such securities, and this report shall not be deemed to be an admission that any of the Kelso Individuals is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. The Units, collectively with the Class B shares, constitute the derivative securities described herein. Consists of 39,798,058 Units owned of record by KIA VIII and 6,929,545 Units owned of record by KEP VI AIV following the transactions reported in this line of this Form 4. Because an electronically filed joint filing is limited to a maximum of ten reporting persons, this Form 4 is one of three filed today reporting on the same securities by the following joint filers: Kelso GP VIII, LLC; KIA VIII (Rubicon) GP, L.P.; KIA VIII (Rubicon), L.P.; KEP VI AIV (Rubicon), LLC; Frank T. Nickell, Thomas R. Wall, IV, George E. Matelich, Michael B. Goldberg, David I. Wahrhaftig, Frank K. Bynum, Jr., Philip E. Berney, Frank J. Loverro, James J. Connors, II, Church M. Moore, Stanley de J. Osborne, Christopher L. Collins, A. Lynn Alexander, Howard A. Matlin, John K. Kim, Henry Mannix, III, Matthew S. Edgerton and Stephen C. Dutton. By: /s/ Rosanna T. Leone, Attorney-in-Fact for Philip E. Berney 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for James J. Connors, II 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for Church M. Moore 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for Christopher L. Collins 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for A. Lynn Alexander 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for Howard A. Matlin 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for John K. Kim 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for Henry Mannix, III 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for Frank J. Loverro 2018-02-09 By: /s/ Rosanna T. Leone, Attorney-in-Fact for Stanley de J. Osborne 2018-02-09