Dixon Dennie W. 4
4 · Regency Energy Partners LP · Filed May 27, 2010
Insider Transaction Report
Form 4
Dixon Dennie W.
Sr. VP Operations
Transactions
- Tax Payment
Common Units
2010-05-26$22.25/sh−5,446$121,174→ 19,672 total - Exercise/Conversion
Phantom Units
2010-05-26−9,334→ 2,800 totalFrom: 2010-05-26Exp: 2010-05-26→ Common Units (9,334 underlying) - Exercise/Conversion
Restricted Units
2010-05-26−11,250→ 0 totalFrom: 2010-05-26Exp: 2010-05-26→ Common Units (11,250 underlying) - Exercise/Conversion
Common Units
2010-05-26+20,584→ 25,118 total
Footnotes (3)
- [F1]The holder settled 100 percent of his phantom units for RGNC common units on the date of vesting.
- [F2]These Phantom Units were granted on May 27, 2009. 4,800 of the phantom units contractually convert into a variable number of common units based on total unitholder return over a three year period or upon a change in control. This transaction represents the vesting of the original grant of 4,800 market condition phantom units multiplied by a factor of 1.5 due to a change in control event on May 26, 2010 in accordance with the terms of the grant plus the remaining 2,134 service condition phantom units.
- [F3]Each Phantom Unit and Restricted Unit is the economic equivalent of one common unit representing a limited partner interest in Regency Energy Partners LP.