SHERMAN R BROOKS 4
4 · INERGY L P · Filed Nov 16, 2012
Insider Transaction Report
Form 4
INERGY L PNRGY
SHERMAN R BROOKS
EVP/CFO
Transactions
- Other
Class B Units
2012-11-14$37.57/sh+362.283$13,609→ 136,090.345 total(indirect: See Footnote)→ Common Units (362.283 underlying) - Conversion
Class B Units
2012-11-14−136,090→ 0 total(indirect: See Footnote)→ Common Units (136,090 underlying) - Conversion
Common Units
2012-11-14+136,090→ 688,494 total(indirect: See Footnote)
Holdings
- 1,020(indirect: By Unit Purchase Plan)
Common Units
- 230,615
Common Units
Footnotes (5)
- [F1]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.
- [F2]Mr. Sherman is the trustee of the R. Brooks Sherman, Jr. Revocable Trust dated 1/15/2008 as amended from time to time.
- [F3]The reporting person received 362.283 Class B units as a payment-in-kind distribution on 135,728.062 Class B units owned on the distribution record date.
- [F4]Includes restricted units granted under the Inergy, L.P. Long Term Incentive Plan, as amended.
- [F5]In lieu of receiving the fractional units, the reporting person was paid cash based on the NRGY closing price on November 14, 2012.