TC PIPELINES GP INC 4
4 · TC PIPELINES LP · Filed Aug 5, 2003
Insider Transaction Report
Form 4
TC PIPELINES LPTCLP
TC PIPELINES GP INC
10% OwnerOther
Transactions
- Conversion
Subordinated units
2003-08-01−936,435→ 0 totalExercise: $0.00From: 2003-08-01Exp: 2003-08-01→ Common units (936,435 underlying) - Conversion
Common units representing limited partner interests
2003-08-01+936,435→ 1,872,870 total
Footnotes (2)
- [F1]Automatic conversion, in accordance with terms of limited partnership agreement, of subordinated units on a one-for-one basis into common units.
- [F2]The subordinated units do not have an expiration date. Last tranche of subordinated units, 936,436, to be converted, if test met, effective on the first business day after the record date for the quarter ended June 30, 2004.