Copano Energy, L.L.C. 4
4 · Copano Energy, L.L.C. · Filed May 19, 2008
Insider Transaction Report
Form 4
ASSIFF MATTHEW J
SVP & CFO
Transactions
- Disposition to Issuer
Common Units
2008-05-15$36.42/sh−203$7,393→ 122,251 total - Exercise/Conversion
Phantom Units
2008-05-15−770→ 3,080 total→ Common Units (770 underlying) - Exercise/Conversion
Common Units
2008-05-15$36.42/sh+770$28,043→ 122,454 total
Holdings
- 49,104(indirect: By Copano Partners, L.p.)
Common Units
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.