INERGY HOLDINGS, L.P. 4
4 · INERGY HOLDINGS, L.P. · Filed Nov 9, 2010
Insider Transaction Report
Form 4
OBRIEN RICHARD T
Director
Transactions
- Disposition to Issuer
Common Units
2010-11-05−6,360→ 0 total - Disposition to Issuer
Option
2010-11-05−60,000→ 0 totalExercise: $11.50From: 2009-05-11Exp: 2016-05-10→ Common Units (60,000 underlying)
Footnotes (2)
- [F1]Represents Holdings restricted units granted under the Inergy Holdings, L.P. Long Term Incentive Plan, as amended. Disposed of 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. These Holdings restricted units were converted pursuant to the Merger Agreement into 4,897 Inergy restricted units, with the same terms and conditions as the original Holdings restricted units. 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.
- [F2]Options were converted pursuant to the Merger Agreement into options to purchase 46,200 Inergy common units at $14.94 per unit, with the same terms and conditions as the original Holdings options.