Home/Filings/4/0001104659-16-131847
4//SEC Filing

NGL Energy Partners LP 4

Accession 0001104659-16-131847

$NGLCIK 0001504461operating

Filed

Jul 7, 8:00 PM ET

Accepted

Jul 8, 7:33 PM ET

Size

13.2 KB

Accession

0001104659-16-131847

Insider Transaction Report

Form 4
Period: 2016-07-06
Osterman Vincent J
DirectorPresident, E. Retail Ops.10% Owner
Transactions
  • Sale

    Common Units

    2016-07-06$18.47/sh13,486$249,086119,777 total
Holdings
  • Common Units

    (indirect: By Foundation)
    122,016
  • Common Units

    (indirect: BY: AO ENERGY, INC.)
    110,587
  • Common Units

    (indirect: BY: OSTERMAN PROPANE INC.)
    1,445,850
  • Common Units

    (indirect: BY: E. OSTERMAN, INC.)
    394,350
  • Common Units

    (indirect: By LLC)
    36,450
  • Common Units

    (indirect: BY: SAVEWAY PROPANE GAS SERVICES, INC.)
    214,600
  • Common Units

    (indirect: BY: MILFORD PROPANE INC.)
    559,784
  • Common Units

    (indirect: BY: E. OSTERMAN PROPANE INC.)
    669,300
  • Common Units

    (indirect: BY: E. OSTERMAN GAS SERVICES, INC.)
    301,700
Footnotes (5)
  • [F1]The Reporting Person is a participant in the NGL Energy Partners LP 2011 Long-Term Incentive Plan ("Plan"). The 13,486 Common Units reported on this line were sold pursuant to the Reporting Person's prior election to have Common Units withheld and sold to cover the tax withholding obligation in connection with the July 1, 2016 vesting of 30,000 Common Units under the Plan.
  • [F2]The price is the weighted average price for the common units reported on this line between $18.08 and $18.79. Complete information regarding the number of Common Units sold at each separate price will be provided upon request by the Commission Staff, the issuer or a security holder of the issuer.
  • [F3]Vincent J. Osterman may be deemed to have shared voting or investment power over these securities. Mr. Osterman 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.
  • [F4]Mr. Osterman holds no equity interest in this entity.
  • [F5]These securities are held directly by Osterman Propane, Inc. Osterman Propane, Inc. disclaims beneficial ownership of these securities except to the extent of its 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.

Documents

1 file

Issuer

NGL Energy Partners LP

CIK 0001504461

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001504461

Filing Metadata

Form type
4
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 7:33 PM ET
Size
13.2 KB