Home/Filings/4/0001127602-10-014735
4//SEC Filing

RABER JOHN A 4

Accession 0001127602-10-014735

CIK 0001297067other

Filed

May 17, 8:00 PM ET

Accepted

May 18, 6:13 PM ET

Size

20.4 KB

Accession

0001127602-10-014735

Insider Transaction Report

Form 4
Period: 2010-05-15
RABER JOHN A
EVPOther
Transactions
  • Exercise/Conversion

    Common Units

    2010-05-15+69055,205 total
  • Exercise/Conversion

    Common Units

    2010-05-15+1,33057,657 total
  • Exercise/Conversion

    Phantom Units

    2010-05-151,6006,400 total
    Common Units (1,600 underlying)
  • Exercise/Conversion

    Common Units

    2010-05-15+1,60054,515 total
  • Exercise/Conversion

    Common Units

    2010-05-15+1,12256,327 total
  • Exercise/Conversion

    Phantom Units

    2010-05-151,1222,244 total
    Common Units (1,122 underlying)
  • Exercise/Conversion

    Performance Units

    2010-05-151,3302,660 total
    Common Units (1,330 underlying)
  • Disposition to Issuer

    Common Units

    2010-05-15$25.13/sh1,679$42,19355,978 total
  • Exercise/Conversion

    Phantom Units

    2010-05-156902,070 total
    Common Units (690 underlying)
Footnotes (8)
  • [F1]Each phantom unit is the economic equivalent of one common unit. Phantom units are settled in common units on the date of vesting.
  • [F2]Each performance unit is the economic equivalent of one common unit. Performance units that vest will be settled in common units on the date of vesting.
  • [F3]These common units were withheld to cover taxes payable upon vesting of phantom units reported in Table II.
  • [F4]Closing price for the issuer's common units on the date of vesting.
  • [F5]Phantom units vest in five equal annual installments commencing May 15, 2010.
  • [F6]Phantom units vest in five equal annual installments commencing May 15, 2009.
  • [F7]Phantom units vest in five equal annual installments commencing May 15, 2008.
  • [F8]Vesting is scheduled to occur in three equal annual installments commencing May 15, 2009 and is contingent on attainment of performance goals based on the market price for the issuer's common units. On each vesting date, a percentage of the vesting performance units (ranging from 0% to 100%) will actually vest, depending on the level of performance attained. In addition, at the last vesting date, the grantee may achieve a bonus consisting of 50% of the total units originally granted, contingent upon attaining an additional performance goal based on the issuer's market price over the term of the award. Performance units that do not vest will be forfeited.

Issuer

Copano Energy, L.L.C.

CIK 0001297067

Entity typeother

Related Parties

1
  • filerCIK 0001334993

Filing Metadata

Form type
4
Filed
May 17, 8:00 PM ET
Accepted
May 18, 6:13 PM ET
Size
20.4 KB