4//SEC Filing
NGL Energy Partners LP 4
Accession 0001104659-16-140993
$NGLCIK 0001504461operating
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 11:25 AM ET
Size
10.4 KB
Accession
0001104659-16-140993
Insider Transaction Report
Form 4
Coady Shawn W
DirectorCo-Pres & COO, Retail Division10% Owner
Transactions
- Sale
Common Units
2016-08-19$18.22/sh−5,748$104,729→ 106,503 total
Holdings
- 2,320,391(indirect: see footnote)
Common Units
- 135,000(indirect: see footnote)
Common Units
- 12,250(indirect: see footnote)
Common Units
- 12,250(indirect: see footnote)
Common Units
Footnotes (6)
- [F1]The Reporting Person is a participant in the NGL Energy Partners LP 2011 Long-Term Incentive Plan ("Plan"). The 5,748 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]The units reported on this line are held by the SWC Family Partnership LP. SWC Family Partnership LP is a limited partnership which is solely owned by SWC General Partner LLC. The Reporting Person is the sole member of SWC General Partner, LLC. 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.
- [F4]The units reported on this line are held by the 2012 Shawn W. Coady Irrevocable Insurance Trust, for the benefit of the Reporting Person's children. 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.
- [F5]The units reported on this line are held by the Tara Nicole Coady Trust II, for which the Reporting Person is the trustee. 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.
- [F6]The units reported on this line are held by the Colleen Blair Coady Trust, for which the Reporting Person is the trustee. 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.
Documents
Issuer
NGL Energy Partners LP
CIK 0001504461
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001504461
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 11:25 AM ET
- Size
- 10.4 KB