Williamson Chris E 4
4 · BreitBurn Energy Partners L.P. · Filed Jan 4, 2012
Insider Transaction Report
Form 4
Williamson Chris E
SVP, Western Division
Transactions
- Exercise/Conversion
Common Units Representing Limited Partner Interests
2011-12-31+10,148→ 69,069 total - Exercise/Conversion
Restricted Phantom Units
2011-12-31−15,843→ 0 total→ Common Units (15,843 underlying) - Exercise/Conversion
Restricted Phantom Units
2011-12-31−10,148→ 15,526 total→ Common Units (10,148 underlying) - Gift
Common Units Representing Limited Partner Interests
2011-12-20−7,000→ 43,078 total - Exercise/Conversion
Common Units Representing Limited Partner Interests
2011-12-31+15,843→ 58,921 total
Footnotes (3)
- [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, 2011 were settled for common units.
- [F3]The RPUs that vested on December 31, 2011 were settled for common units. On December 31, 2012, the remaining RPUs will be settled for an equal number of common units.