BreitBurn Energy Partners L.P. 4
4 · BreitBurn Energy Partners L.P. · Filed Jan 30, 2014
Insider Transaction Report
Form 4
Baker David Dean
VP Res. Eng. & Cntrl Div.
Transactions
- Award
Restricted Phantom Units
2014-01-29+35,010→ 35,010 totalExercise: $0.00→ Common Units (35,010 underlying)
Footnotes (2)
- [F1]Each Restricted Phantom Unit ("RPU") is the economic equivalent of one common unit representing a limited partner interest in BBEP (a "common unit") which includes a distribution equivalent right that entitles the holder to cash distributions at the same rate payable to common unitholders.
- [F2]On each of December 28, 2014, December 28, 2015, and December 28, 2016, one-third of the RPUs will be settled for an equal number of common units.