Home/Filings/4/0001104659-16-140897
4//SEC Filing

NGL Energy Partners LP 4

Accession 0001104659-16-140897

$NGLCIK 0001504461operating

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 6:27 PM ET

Size

13.2 KB

Accession

0001104659-16-140897

Insider Transaction Report

Form 4
Period: 2016-08-19
Osterman Vincent J
DirectorPresident, E. Retail Ops.10% Owner
Transactions
  • Sale

    Common Units

    2016-08-19$18.22/sh5,936$108,154172,143 total
Holdings
  • Common Units

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

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

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

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

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

    (indirect: BY: E. OSTERMAN GAS SERVICES, INC.)
    301,700
  • Common Units

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

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

    (indirect: BY: SAVEWAY PROPANE GAS SERVICES, INC.)
    214,600
Footnotes (5)
  • [F1]The Reporting Person is a participant in the NGL Energy Partners LP 2011 Long-Term Incentive Plan ("Plan"). The 5,936 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 August 15, 2016 vesting of 13,302 Common Units under the Plan.
  • [F2]The price is the weighted average price for the Common Units reported on this line between $18.20 and $18.72. 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
Aug 21, 8:00 PM ET
Accepted
Aug 22, 6:27 PM ET
Size
13.2 KB