Williamson Chris E 4
4 · BreitBurn Energy Partners L.P. · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Williamson Chris E
SVP, Western Division
Transactions
- Exercise/Conversion
Common Units Representing Limited Partner Interests
2010-12-31+13,639→ 42,329 total - Exercise/Conversion
Common Units Representing Limited Partner Interests
2011-01-01+2,698→ 45,027 total - Exercise/Conversion
Restricted Phantom Units
2010-12-31−9,831→ 31,051 total→ Common Units (9,831 underlying) - Exercise/Conversion
Restricted Phantom Units
2010-12-31−13,639→ 21,540 total→ Common Units (13,639 underlying) - Exercise/Conversion
Restricted Phantom Units
2011-01-01−2,698→ 0 total→ Common Units (2,698 underlying) - Exercise/Conversion
Common Units Representing Limited Partner Interests
2010-12-31+9,831→ 28,690 total
Footnotes (4)
- [F1]Each Restricted Phantom Unit ("RPU") is the economic equivalent of one common unit representing a limited partner interest in BBEP (a "common unit") which includes a distribution equivalent right that entitles the holder to cash distributions at the same rate payable to common unitholders on a quarterly basis.
- [F2]The RPUs that vested on December 31, 2010 were settled for common units. On each of December 31, 2011 and December 31, 2012, one half of the remaining RPUs will be settled for an equal number of common units.
- [F3]The RPUs that vested on December 31, 2010 were settled for common units. On December 31, 2011 the remaining RPUs will be settled for an equal number of common units.
- [F4]RPUs that vested on January 1, 2011 were settled for common units.