4//SEC Filing
Copano Energy, L.L.C. 4
Accession 0001209191-07-037163
CIK 0001297067operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 9:03 PM ET
Size
11.8 KB
Accession
0001209191-07-037163
Insider Transaction Report
Form 4
ASSIFF MATTHEW J
SVP & CFO
Transactions
- Exercise/Conversion
Common Units
2007-02-14+105,616→ 152,778 total - Award
Phantom Units
2007-06-12+3,850→ 34,750 total→ Common Units (3,850 underlying) - Exercise/Conversion
Subordinated Units
2007-02-14−105,616→ 0 total→ Common Units (105,616 underlying)
Holdings
- 170,788(indirect: By Copano Partners, L.P.)
Common Units
Footnotes (6)
- [F1]These common units were received in exchange for the subordinated units listed in Table II. The subordinated units were automatically converted into common units on a one-for-one basis upon the determination by the Board of Directors that the Company had met certain financial tests.
- [F2]The Reporting Person's 1.18% interest in Copano Partners, L.P. is held indirectly through a grantor trust of which he is the sole beneficiary. The Reporting Person is one of four trustees of the trust and shares voting and investment control over the trust assets.
- [F3]On February 14, 2007, the subordinated units were autormatically converted into common units on a one-for-one basis upon the determination by the Board of Directors that the Company had met certain financial tests.
- [F4]The phantom units were granted pursuant to the Company's Long-Term Incentive Plan.
- [F5]The phantom units will be paid in common units, cash or a combination thereof, at the option of the Company, based on the closing price of the common units on the date of vesting.
- [F6]The phantom units vest annually in five equal installments commencing May 15, 2008 and earlier in the event of the death, disability or retirement of the grantee or a change in control of the Company.
Documents
Issuer
Copano Energy, L.L.C.
CIK 0001297067
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001297067
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 9:03 PM ET
- Size
- 11.8 KB