Gray Rodney Lynn 4
4 · Regency Energy Partners LP · Filed Mar 11, 2013
Insider Transaction Report
Form 4
Gray Rodney Lynn
Director
Transactions
- Exercise/Conversion
Phantom Units with DER
2013-03-08−413→ 10,336 totalFrom: 2013-03-08Exp: 2013-03-08→ Common Units (413 underlying) - Exercise/Conversion
Common Units
2013-03-08+413→ 7,687 total - Award
Phantom Units with DER
2013-03-08+4,134→ 10,749 total→ Common Units (4,134 underlying) - Award
Phantom Units with DER
2013-03-08+2,067→ 6,615 total→ Common Units (2,067 underlying)
Footnotes (6)
- [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.
- [F2]60% of the total granted phantom units will cliff vest on March 8, 2016, and 40% of the total granted phantom units will cliff vest on March 8, 2018.
- [F3]One fifth of the total granted phantom units will vest on March 8, 2013, 2014, 2015, 2016 and 2017.
- [F4]Not applicable.
- [F5]2,067 service condition phantom units were granted March 8, 2013. This transaction represents the vesting of one fifth of these phantom units.
- [F6]The holder settled 100 percent of his phantom units for RGP common units on the date of vesting.