TECO PROPANE VENTURES LLC 4
4 · HERITAGE PROPANE PARTNERS L P · Filed Jan 22, 2004
Insider Transaction Report
Form 4
AGL ENERGY CORP
Other
Transactions
- Sale
Common Units
2004-01-20−4,426,916→ 180,026 total(indirect: See footnotes)
Footnotes (9)
- [F1]These units are held by Heritage Holdings, Inc., an indirect subsidiary of the Reporting Persons until the stock of such subsidiary was sold on January 20, 2004. These units are reported directly by Heritage Holdings, Inc.
- [F2]On January 20, 2004, the Reporting Persons sold 100% of the stock of Heritage Holdings, Inc., the holder of the reported securities, for an aggregate purchase price of $100 million.
- [F3]These units were previously owned indirectly through, and were reported by, U.S. Propane, L.P., whose general partner is U.S. Propane, L.L.C. In connection with the sale of the Reporting Persons' interests in each of the aforementioned entities on January 20, 2004, these units were distributed to an affiliate of the Reporting Persons, whose ownership is in the same proportion as the Reporting Persons' ownership in U.S. Propane, L.P. Following the sale of their interest in U.S. Propane, L.P., the Reporting Persons or their affiliate are no longer subject to reporting requirements.
- [F4]All Reporting Persons were former members of U.S. Propane, L.P. or U.S. Propane, L.L.C. and their parent companies.
- [F5]AGL Resources, Inc., AGL Energy Corporation and AGL Propane Services, Inc. disclaim beneficial ownership of the common units reported, other than their 22.36% pecuniary interest in such units or the former subsidiary holding such units.
- [F6]Atmos Energy Corporation and United Cities Propane Gas, Inc. disclaim beneficial ownership of the common units reported, other than their 18.97% pecuniary interest in such units or the former subsidiary holding such units.
- [F7]TECO Energy, Inc. and TECO Propane Ventures, LLC disclaim beneficial ownership of the common units reported, other than their 37.98% pecuniary interest in such units or the former subsidiary holding such units.
- [F8]Piedmont Natural Gas Company, Inc. and Piedmont Propane Company disclaim beneficial ownership of the common units reported, other than their 20.69% pecuniary interest in such units of the former subsidiary holding such units.
- [F9]This report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such units for purposes of Section 16 or for any other purpose.