4//SEC Filing
Transocean Partners LLC 4
Accession 0001179110-16-032921
CIK 0001607250operating
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 7:18 PM ET
Size
12.5 KB
Accession
0001179110-16-032921
Insider Transaction Report
Form 4
Lynch-Bell Michael David
Director
Transactions
- Tax Payment
Common Units
2016-12-09$17.83/sh−5,375$95,836→ 7,560 total - Exercise/Conversion
Phantom Units
2016-12-09−4,980→ 0 totalExercise: $0.00→ Common Units (4,980 underlying) - Exercise/Conversion
Common Units
2016-12-09+11,435→ 12,935 total - Disposition to Issuer
Common Units
2016-12-09−7,560→ 0 total - Exercise/Conversion
Phantom Units
2016-12-09−6,455→ 0 totalExercise: $0.00→ Common Units (6,455 underlying)
Footnotes (4)
- [F1]Immediately prior to the Merger, all of the reporting person's phantom units granted pursuant to Transocean Partners' long-term incentive plan on May 4, 2015 and May 5, 2016 vested in full, and an equal number of Transocean Partners common units were deemed issued in settlement thereof. The phantom units are 1-for-1 common unit equivalents.
- [F2]Not Applicable.
- [F3]Common units automatically withheld upon vesting to satisfy tax withholding obligations.
- [F4]Disposition in connection with the Merger. At the effective time of the Merger, each outstanding common unit of Transocean Partners was converted into the right to receive 1.2000 Transocean Ltd. shares.
Documents
Issuer
Transocean Partners LLC
CIK 0001607250
Entity typeoperating
IncorporatedMarshall Islands
Related Parties
1- filerCIK 0001607250
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 7:18 PM ET
- Size
- 12.5 KB