Dixon Dennie W. 4
4 · Regency Energy Partners LP · Filed May 11, 2010
Insider Transaction Report
Form 4
Dixon Dennie W.
Sr. VP Operations
Transactions
- Award
Phantom Units with DER
2010-05-07$20.65/sh+2,800$57,820→ 4,934 totalExercise: $0.00→ Common Units (2,800 underlying)
Footnotes (2)
- [F1]Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in Regency Energy Partners LP (the "Partnership") and is accompanied by a Distribution Equivalent Right, entitling the holder to an amount equal to any cash distributions paid on each of the Partnership's common units. One third of the total granted Phantom Units will vest on March 15 of 2011, 2012 and 2013. The Phantom Units become fully vested upon the termination of the reporting person without cause or for good reason upon or within 12 months following the occurrence of a change in control of the Partnership.
- [F2]Not applicable.