4//SEC Filing
Plains All American GP LLC 4
Accession 0001062993-23-008187
CIK 0001070423other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 3:26 PM ET
Size
10.6 KB
Accession
0001062993-23-008187
Insider Transaction Report
Form 4
Plains AAP, L.P.
Director10% Owner
Transactions
- Other
Common Units (Limited Partner Interests)
2023-03-31−181,916→ 240,820,512 total(indirect: By Plains AAP, L.P.)
Plains All American GP LLC
Director10% Owner
Transactions
- Other
Common Units (Limited Partner Interests)
2023-03-31−181,916→ 240,820,512 total(indirect: By Plains AAP, L.P.)
PLAINS GP HOLDINGS LP
Director10% Owner
Transactions
- Other
Common Units (Limited Partner Interests)
2023-03-31−181,916→ 240,820,512 total(indirect: By Plains AAP, L.P.)
PAA GP Holdings LLC
Director10% Owner
Transactions
- Other
Common Units (Limited Partner Interests)
2023-03-31−181,916→ 240,820,512 total(indirect: By Plains AAP, L.P.)
Footnotes (3)
- [F1]Pursuant to the limited partnership agreement of Plains AAP, L.P. ("AAP"), each limited partner of AAP, other than Plains GP Holdings, L.P. ("PAGP") and Plains All American GP LLC ("GP LLC"), has the right, from time to time, to cause AAP to redeem and cancel such partner's AAP Class A units in exchange for the distribution of an equal number of common units representing limited partner interests ("Common Units") of Plains All American Pipeline, L.P. ("PAA") held by AAP (the "Redemption Right"). In connection with the exercise of a Redemption Right, such limited partner must also surrender to PAGP an equal number of Class B shares of PAGP and, if applicable, Company Units of PAA GP Holdings LLC ("PAGP GP").
- [F2]Effective March 31, 2023, KAFU Holdings (QP), L.P. exercised the Redemption Right with respect to 181,916 AAP Class A units, resulting in the cancellation of such AAP Class A units and the distribution of 181,916 Common Units from AAP to the redeeming partner.
- [F3]PAGP GP is the general partner of PAGP, which is the managing member of GP LLC, which is the general partner of AAP. Each of PAGP GP, PAGP and GP LLC may be deemed to indirectly beneficially own the Common Units directly held by AAP, but disclaim beneficial ownership of such Common Units except to the extent of their respective pecuniary interests therein.
Issuer
PLAINS ALL AMERICAN PIPELINE LP
CIK 0001070423
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001490402
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 3:26 PM ET
- Size
- 10.6 KB