Williams Michael L 4
4 · Regency Energy Partners LP · Filed Jun 20, 2007
Insider Transaction Report
Form 4
Williams Michael L
Exec. Vice Pres. & COO
Transactions
- Sale
Subordinated Units
2007-06-18$24.00/sh−278,769$6,690,456→ 201,618 total→ Common Units (278,769 underlying)
Footnotes (1)
- [F1]The subordinated units shall convert into common units on a one-for-one basis after December 31, 2006, upon satisfaction of the conditions for conversion set forth in the Issuer's First Amended and Restated Agreement of Limited Partnership. The conditions are based on the amount of quarterly distributions by the Issuer with respect to its common and subordinated units. The subordinated units have no expiration date.