SUNOCO LOGISTICS PARTNERS L.P. 4/A
4/A · SUNOCO LOGISTICS PARTNERS L.P. · Filed Dec 22, 2014
Insider Transaction Report
Form 4/AAmended
Slough Michael W
Sr VP, Eng, Cons & Procurement
Transactions
- Exercise/Conversion
Common Units
2014-12-05+3,586→ 15,490 total - Tax Payment
Common Units
2014-12-05$48.04/sh−1,130$54,285→ 14,360 total - Exercise/Conversion
Restricted Units
2014-12-05−3,586→ 22,762 total→ Common Units (3,586 underlying) - Award
Restricted Units
2014-12-05+8,227→ 30,989 total→ Common Units (8,227 underlying)
Footnotes (6)
- [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.
- [F5]The reporting person's ownership of 5,952 additional Common Units resulting from 2-for-1 split of Sunoco Logistics Partners L.P. (SXL) on June 12, 2014 was omitted from the prior filing.
- [F6]The reporting person's ownership of 13,174 additional Restricted Units resulting from 2-for-1 split of Sunoco Logistics Partners L.P. (SXL) on June 12, 2014 was omitted from the prior filing.