K SEA GENERAL PARTNER LP 4
4 · K-SEA TRANSPORTATION PARTNERS LP · Filed May 19, 2009
Insider Transaction Report
Form 4
Transactions
- Other
Common Units representing limited partner interests
2009-05-15$25.00/sh+49,775$1,244,375→ 49,775 total(indirect: Held by K-Sea General Partner L.P.)
Footnotes (2)
- [F1]K-Sea General Partner GP LLC is the general partner of K-Sea General Partner L.P., which is the general partner of the Issuer.
- [F2]On May 15, 2009, 49,775 common units were issued to K-Sea General Partner L.P. (with an assumed value of $25 each) in lieu of approximately $1.24 million in cash distributions on the general partner interests and incentive distribution rights in the Issuer, pursuant to the partnership agreement.