4//SEC Filing
LION OIL CO 4
Accession 0001140361-12-046114
CIK 0001552797other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 4:39 PM ET
Size
13.0 KB
Accession
0001140361-12-046114
Insider Transaction Report
Form 4
Delek Logistics GP, LLC
10% Owner
Transactions
- Other
Subordinated Units representing limited partner interests
2012-11-07+11,999,258→ 11,999,258 totalExercise: $0.00→ Common Units representing limited partner interest (11,999,258 underlying) - Other
Common Units representing limited partner interests
2012-11-07$21.00/sh+2,799,258$58,784,418→ 2,799,258 total
Delek Marketing & Supply, LLC
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2012-11-07$21.00/sh+2,799,258$58,784,418→ 2,799,258 total - Other
Subordinated Units representing limited partner interests
2012-11-07+11,999,258→ 11,999,258 totalExercise: $0.00→ Common Units representing limited partner interest (11,999,258 underlying)
Delek US Holdings, Inc.
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2012-11-07$21.00/sh+2,799,258$58,784,418→ 2,799,258 total - Other
Subordinated Units representing limited partner interests
2012-11-07+11,999,258→ 11,999,258 totalExercise: $0.00→ Common Units representing limited partner interest (11,999,258 underlying)
LION OIL CO
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2012-11-07$21.00/sh+2,799,258$58,784,418→ 2,799,258 total - Other
Subordinated Units representing limited partner interests
2012-11-07+11,999,258→ 11,999,258 totalExercise: $0.00→ Common Units representing limited partner interest (11,999,258 underlying)
Footnotes (4)
- [F1]This Form 4 is being filed jointly by Delek US Holdings, Inc. ("Delek US"), Lion Oil Company ("Lion Oil"), Delek Marketing & Supply, LLC ("Delek Marketing") and Delek Logistics GP, LLC ("Delek GP" and, together with Delek US, Lion Oil and Delek Marketing, the "Reporting Persons"). In connection with the closing of the initial public offering of the Issuer, pursuant to that certain Contribution, Conveyance and Assumption Agreement, by and among the Reporting Persons, the Issuer and other parties thereto, dated November 7, 2012, Lion Oil and Delek Marketing contributed certain assets to the Issuer and (i) Lion Oil and Delek Marketing received 612,207 and 2,187,051 common units, respectively, and (ii) Lion Oil received 11,999,258 subordinated units.
- [F2]In connection with the closing of the initial public offering of the Issuer, Delek GP owns approximately 489,766 general partner units, representing its 2.0% general partner interest in the Issuer, as well as its incentive distribution rights. Incentive distribution rights represent the right to receive an increasing percentage of quarterly distributions as set forth in the Issuer's Registration Statement on Form S-1 (File No. 333-182631) (the "Registration Statement").
- [F3]Delek US directly owns 100% of the outstanding ownership interests of Lion Oil and Delek Marketing and 100% of the membership interests of Delek GP. Delek US may therefore be deemed to beneficially own securities of the Issuer owned directly by Lion Oil, Delek Marketing and Delek GP.
- [F4]Each subordinated unit will convert into one common unit at the end of the subordination period described in the Registration Statement.
Documents
Issuer
Delek Logistics Partners, LP
CIK 0001552797
Entity typeother
IncorporatedAR
Related Parties
1- filerCIK 0000059691
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 4:39 PM ET
- Size
- 13.0 KB