BreitBurn Energy Partners L.P. 4
4 · BreitBurn Energy Partners L.P. · Filed Dec 31, 2013
Insider Transaction Report
Form 4
Smith Lawrence C
Controller
Transactions
- Exercise/Conversion
Common Units Representing Limited Partner Interests
2013-12-28+2,437→ 58,377 total - Exercise/Conversion
Common Units Representing Limited Partner Interests
2013-12-28+2,757→ 61,134 total - Exercise/Conversion
Common Units Representing Limited Partner Interests
2013-12-28+3,046→ 64,180 total - Exercise/Conversion
Restricted Phantom Units
2013-12-28−2,437→ 0 total→ Common Units (2,437 underlying) - Exercise/Conversion
Restricted Phantom Units
2013-12-28−2,757→ 4,417 total→ Common Units (2,757 underlying) - Exercise/Conversion
Restricted Phantom Units
2013-12-28−3,046→ 9,760 total→ Common Units (3,046 underlying)
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.
- [F2]The RPUs that vested on December 28, 2013 were settled for common units.
- [F3]The RPUs that vested on December 28, 2013 were settled for common units. On December 28, 2014, the remaining RPUs will be settled for an equal number of common units.
- [F4]The RPUs that vested on December 28, 2013 were settled for common units. On each of December 28, 2014 and December 28, 2015, one half of the remaining RPUs will be settled for an equal number of common units.