Coady Todd M 4
4 · NGL Energy Partners LP · Filed May 26, 2011
Insider Transaction Report
Form 4
Coady Todd M
Co-Pres, Retail Division10% Owner
Transactions
- Disposition to Issuer
Common Units
2011-05-24$19.53/sh−66,500$1,298,745→ 1,838,905 total(indirect: See footnote)
Footnotes (2)
- [F1]As described in the Issuer's Registration Statement on Form S-1, as amended (File No. 333-172186), including the Redemption Agreement filed as an exhibit thereto, common units were redeemed by the Issuer from pre-IPO unitholders on a pro-rata basis in connection with the exercise by the underwriters of their option to purchase additional common units from the Issuer in excess of 350,000 common units.
- [F2]These units are owned directly by Hicks Oils & Hicksgas, Incorporated, which is owned by Shawn W. Coady and Todd M. Coady. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.