4//SEC Filing
INERGY L P 4
Accession 0001181431-10-054487
CIK 0001136352operating
Filed
Nov 8, 7:00 PM ET
Accepted
Nov 9, 7:10 PM ET
Size
14.6 KB
Accession
0001181431-10-054487
Insider Transaction Report
Form 4
INERGY L PNRGY
HUGHES CARL A
Other
Transactions
- Award
Common Units
2010-11-05+257,302→ 257,302 total(indirect: See Footnote) - Award
Class B Units
2010-11-05+591,116→ 591,116 total(indirect: See Footnote)→ Common Units (591,116 underlying) - Award
Common Units
2010-11-05+41,181→ 49,500 total - Award
Common Units
2010-11-05+955,972→ 960,388 total(indirect: See Footnote) - Award
Class B Units
2010-11-05+171,534→ 171,534 total(indirect: See Footnote)→ Common Units (171,534 underlying)
Holdings
- 5,346.167(indirect: By Employee Unit Purchase Plan)
Common Units
Footnotes (5)
- [F1]Acquired pursuant to the First Amended and Restated Agreement and Plan of Merger, dated as of September 3, 2010 (the "Merger Agreement"), by and among Inergy, L.P. ("Inergy"), Inergy GP, LLC, Inergy Holdings, L.P. ("Holdings"), Inergy Holdings GP, LLC, NRGP Limited Partner, LLC and NRGP MS, LLC. Acquired 762,650 Class B Units in Inergy and 1,254,455 common units representing limited partner interests in Inergy on November 5, 2010 pursuant to the Merger Agreement in exchange for 2,619,618 Holdings common unit. On the effective date of the merger, the closing sales price of Holdings common units on the NYSE was $30.71 and the closing sales price of Inergy common units on the NYSE was $39.95 per unit. Acquired units include Inergy restricted units acquired pursuant to the Merger Agreement in exchange for Holdings restricted units.
- [F2]Mr. Hughes is the trustee of the Carl A. Hughes Revocable Trust.
- [F3]Mr. Hughes is a trustee of the Carl A. Hughes 2005 Grantor Retained Annuity Trust, dated 3/31/05.
- [F4]Represents common units held in Inergy EUPP. Contributions to the EUPP are used to purchase Inergy common units at the end of each quarter.
- [F5]The Class B units will convert automatically into common units on a one-for-one basis, with 50% of the outstanding Class B units converting into common units following the payment date of the fourth quarterly distribution following the closing of the merger and the remaining outstanding Class B units converting into common units following the payment date of the eighth quarterly distribution following the closing of the merger.
Documents
Issuer
INERGY L P
CIK 0001136352
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001136352
Filing Metadata
- Form type
- 4
- Filed
- Nov 8, 7:00 PM ET
- Accepted
- Nov 9, 7:10 PM ET
- Size
- 14.6 KB