Home/Filings/4/0001127602-08-003419
4//SEC Filing

Copano Energy, L.L.C. 4

Accession 0001127602-08-003419

CIK 0001297067operating

Filed

May 18, 8:00 PM ET

Accepted

May 19, 8:52 PM ET

Size

10.4 KB

Accession

0001127602-08-003419

Insider Transaction Report

Form 4
Period: 2008-05-15
Transactions
  • Disposition to Issuer

    Common Units

    2008-05-15$36.42/sh203$7,393122,251 total
  • Exercise/Conversion

    Phantom Units

    2008-05-157703,080 total
    Common Units (770 underlying)
  • Exercise/Conversion

    Common Units

    2008-05-15$36.42/sh+770$28,043122,454 total
Holdings
  • Common Units

    (indirect: By Copano Partners, L.p.)
    49,104
Footnotes (6)
  • [F1]Closing price for the Company's common units on the date of vesting.
  • [F2]The prior Form 4 filing reflected an aggregate of direct and indirect holdings. This Form 4 has been updated to reflect direct and indirect holdings separately.
  • [F3]Common units withheld to cover taxes payable upon vesting of phantom unit award.
  • [F4]The Reporting Person's 1.18% interest in Copano Partners, L.P. is held indirectly through a grantor trust of which he is the sole beneficiary. The Reporting Person is one of four trustees of the trust and shares voting and investment control over the trust assets.
  • [F5]Each phantom unit was the economic equivalent of one common unit. Phantom units were settled in common units based on the closing price of the common units on the date of vesting.
  • [F6]Phantom units vest annually in five equal installments commencing May 15, 2008 and earlier in the event of death, disability or retirement of the grantee or a change in control of the Company.

Issuer

Copano Energy, L.L.C.

CIK 0001297067

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001297067

Filing Metadata

Form type
4
Filed
May 18, 8:00 PM ET
Accepted
May 19, 8:52 PM ET
Size
10.4 KB