4//SEC Filing
GOODPASTURE JOHN N 4
Accession 0001127602-13-015615
CIK 0001297067other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 9:14 PM ET
Size
37.4 KB
Accession
0001127602-13-015615
Insider Transaction Report
Form 4
GOODPASTURE JOHN N
SVP, Corporate Development
Transactions
- Exercise/Conversion
Common Units
2013-05-01$24.04/sh+6,500$156,260→ 16,524 total - Exercise/Conversion
Common Units
2013-05-01+1,166→ 21,790 total - Exercise/Conversion
Common Units
2013-05-01+4,230→ 26,020 total - Exercise/Conversion
Common Units
2013-05-01+4,500→ 37,840 total - Disposition to Issuer
Common Units
2013-05-01−33,953→ 0 total - Exercise/Conversion
Unit Appreciation Rights
2013-05-01−6,500→ 0 totalExercise: $24.04Exp: 2020-06-07→ Common Units (6,500 underlying) - Exercise/Conversion
Phantom Units
2013-05-01−1,166→ 0 total→ Common Units (1,166 underlying) - Exercise/Conversion
Common Units
2013-05-01+2,820→ 28,840 total - Tax Payment
Common Units
2013-05-01$40.21/sh−3,887$156,296→ 33,953 total - Exercise/Conversion
Phantom Units
2013-05-01−1,800→ 0 total→ Common Units (1,800 underlying) - Exercise/Conversion
Phantom Units
2013-05-01−4,230→ 0 totalFrom: 2014-05-15→ Common Units (4,230 underlying) - Exercise/Conversion
Phantom Units
2013-05-01−2,820→ 0 total→ Common Units (2,820 underlying) - Exercise/Conversion
Phantom Units
2013-05-01−4,500→ 0 total→ Common Units (4,500 underlying) - Exercise/Conversion
Common Units
2013-05-01+1,800→ 10,024 total - Exercise/Conversion
Common Units
2013-05-01+4,100→ 20,624 total - Exercise/Conversion
Common Units
2013-05-01+4,500→ 33,340 total - Exercise/Conversion
Phantom Units
2013-05-01−4,100→ 0 totalFrom: 2013-05-15→ Common Units (4,100 underlying) - Exercise/Conversion
Phantom Units
2013-05-01−4,500→ 0 totalFrom: 2015-05-15→ Common Units (4,500 underlying)
Footnotes (10)
- [F1]All transactions reported occurred in connection with the merger of Copano Energy, L.L.C. ("Copano") into a wholly owned subsidiary of Kinder Morgan Energy Partners, L.P. ("Kinder Morgan") effective on May 1, 2013. On April 30, 2013, the last trading day for the Copano common units, the closing price of Copano's common units was $40.21 per unit (the "Closing Price"), and the closing price of Kinder Morgan's common units was $88.45 per unit. Each Copano common unit outstanding, and each common unit deemed issued and outstanding pursuant to the reported vestings and net exercises, was converted into the right to receive 0.4356 Kinder Morgan common units.
- [F10]Phantom units were scheduled to vest in three equal annual installments commencing May 15, 2013.
- [F2]Immediately prior to the merger, each phantom unit vested in full (in the case of performance-based phantom units, based on a target earned percentage of 100%), and a Copano common unit was deemed issued in settlement thereof.
- [F3]Immediately prior to the merger, unit appreciation rights were deemed net exercised for a number of whole Copano common units having a value equal to the Closing Price multiplied by the number of such unit appreciation rights, less the aggregate exercise price for such unit appreciation rights, and rounded down to the nearest whole Copano unit.
- [F4]Each phantom unit is the economic equivalent of one common unit. Phantom units are settled in common units on the date of vesting.
- [F5]Phantom units were scheduled to vest in five equal annual installments commencing June 7, 2011.
- [F6]Unit appreciation rights were scheduled to vest in five equal annual installments commencing June 7, 2011.
- [F7]Phantom units were scheduled to cliff vest upon achievement of a specified performance goal.
- [F8]Phantom units were scheduled to vest in three equal annual installments commencing May 15, 2011.
- [F9]Phantom units were scheduled to vest in three equal annual installments commencing May 15, 2012.
Documents
Issuer
Copano Energy, L.L.C.
CIK 0001297067
Entity typeother
Related Parties
1- filerCIK 0001235277
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 9:14 PM ET
- Size
- 37.4 KB