4//SEC Filing
PetroLogistics LP 4
Accession 0001140361-14-028765
CIK 0001523733operating
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 4:03 PM ET
Size
7.4 KB
Accession
0001140361-14-028765
Insider Transaction Report
Form 4
Ticatch Nathan
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Units representing limited partner interests
2014-07-16−5,900,393→ 907,220 total - Disposition to Issuer
Common Units representing limited partner interests
2014-07-16−907,220→ 0 total(indirect: By Trust)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger and Membership Interest Transfer Agreement, dated as of May 27, 2014, by and among the issuer, PetroLogistics GP LLC, Propylene Holdings LLC, Flint Hill Resources, LLC and FHR Propylene, LLC (the "Merger Agreement"), all of the common units held by the reporting person was cancelled and converted into the right to receive $12.00 per common unit, subject to any required withholding taxes, and the right to receive a final one-time cash distribution in accordance with the provisions of the Merger Agreement and which will be calculated to approximate the distribution that would have otherwise been paid for the period through the closing date of the merger, subject to an additional reserve to cover a portion of the merger-related costs of the issuer on the effective date of the merger.
- [F2]The amount reported in Column 5 includes both common units owned directly by the reporting person and common units owned indirectly by the reporting person.
- [F3]The reporting person transferred 907,220 of his common units to U.S. Trust Company of Delaware, as Trustee of the Ticatch Family 2012 GST Trusts.
Documents
Issuer
PetroLogistics LP
CIK 0001523733
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001523733
Filing Metadata
- Form type
- 4
- Filed
- Jul 17, 8:00 PM ET
- Accepted
- Jul 18, 4:03 PM ET
- Size
- 7.4 KB