SUNOCO LOGISTICS PARTNERS L.P. 4
4 · SUNOCO LOGISTICS PARTNERS L.P. · Filed Dec 9, 2014
Insider Transaction Report
Form 4
Chalson David R
Vice President, Operations
Transactions
- Exercise/Conversion
Common Units
2014-12-05+2,800→ 39,708 total - Tax Payment
Common Units
2014-12-05$48.04/sh−882$42,371→ 38,826 total - Exercise/Conversion
Restricted Units
2014-12-05−2,800→ 9,800 total→ Common Units (2,800 underlying) - Award
Restricted Units
2014-12-05+9,770→ 19,570 total→ Common Units (9,770 underlying)
Footnotes (4)
- [F1]Each Restricted Unit represents a contingent right to receive one Common Unit of SXL.
- [F2]Not applicable.
- [F3]The Restricted Units will vest incrementally over five years contingent upon the continued employment of the reporting person with the Company through each of the vesting dates.
- [F4]This is a grant of Restricted Units awarded on December 5, 2014 pursuant to the Sunoco Partners LLC ("Company") Long-Term Incentive Plan ("LTIP") in a transaction exempt under Rule 16b-3. Payout of the LTIP Restricted Units vests incrementally over a five-year period and is contingent only upon the continued employment to the reporting person with the Company at the time of vesting.