4//SEC Filing
PetroLogistics LP 4
Accession 0001140361-14-001986
CIK 0001523733operating
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 8:09 PM ET
Size
11.1 KB
Accession
0001140361-14-001986
Insider Transaction Report
Form 4
LG Propylene LLC
Director10% Owner
Transactions
- Other
Common Units representing limited partner interests
2014-01-02−5,131,250→ 66,228,320 total(indirect: See footnotes (1), (2)) - Other
Common Units representing limited partner interests
2014-01-02+3,462,478→ 69,690,798 total(indirect: See footnotes (1), (2))
Lindsay Robert D
Director10% Owner
Transactions
- Other
Common Units representing limited partner interests
2014-01-02−5,131,250→ 66,228,320 total(indirect: See footnotes (1), (2)) - Other
Common Units representing limited partner interests
2014-01-02+3,462,478→ 69,690,798 total(indirect: See footnotes (1), (2))
GOLDBERG ALAN E
Director10% Owner
Transactions
- Other
Common Units representing limited partner interests
2014-01-02−5,131,250→ 66,228,320 total(indirect: See footnotes (1), (2)) - Other
Common Units representing limited partner interests
2014-01-02+3,462,478→ 69,690,798 total(indirect: See footnotes (1), (2))
Footnotes (2)
- [F1]LG Propylene LLC ("LG Propylene") has the right to appoint six members of the board of managers of PL Manufacturing LLC ("Manufacturing"). LG Propylene may be deemed to beneficially own the common units representing limited partner interests ("Common Units") in PetroLogistics LP (the "Partnership") held of record by Manufacturing, but disclaim beneficial ownership except to the extent of its pecuniary interests therein. Alan E. Goldberg and Robert D. Lindsay (together with LG Propylene, the "Reporting Persons") control LG Propylene through a series of affiliated investments funds and may be deemed to beneficially own the Common Units held of record by each of LG Propylene and by Manufacturing, but each disclaims beneficial ownership, except to the extent of Messrs. Goldberg's and Lindsay's respective pecuniary interests therein.
- [F2]On January 2, 2014, Manufacturing distributed, pro rata, a total of 5,131,250 Common Units to its members, including of 3,462,478 Common Units to the reporting person. This transaction resulted in a net decrease in beneficial ownership of the Reporting Persons of 1,668,772 Common Units.
Documents
Issuer
PetroLogistics LP
CIK 0001523733
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001523733
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 8:09 PM ET
- Size
- 11.1 KB