5//SEC Filing
Sykes Robert F 5
Accession 0001209191-10-009108
CIK 0000868082other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 6:48 AM ET
Size
27.0 KB
Accession
0001209191-10-009108
Insider Transaction Report
Form 5
Sykes Robert F
Director10% Owner
Transactions
- Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1990-09-14+26,838→ 26,838 total(indirect: By Everflow Management Company) - Sale
Equivalent Units of Everflow Eastern Partners, L.P.
2008-12-31$16.00/sh−5,591.5$89,464→ 39,140.5 total(indirect: By LLC) - Gift
See footnote
2007-12-31−158,634→ 164,975 total(indirect: By Trust) - Gift
See footnote
2009-01-01−164,975→ 0 total(indirect: By Trust) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1995-11-13+8,521→ 38,342 total(indirect: By Everflow Management Company) - Other
See footnote
2005-12-31$13.10/sh−14,657.1$191,960→ 732,855 total(indirect: By LLC) - Gift
See footnote
2007-12-31+158,634→ 158,634 total(indirect: By Trust) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1993-01-01+2,983→ 29,821 total(indirect: By Everflow Management Company) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1999-05-20+6,390→ 44,732 total(indirect: By LLC) - Other
Equivalent Units of Everflow Eastern Partners, L.P.
2005-12-31$13.10/sh−894.64$11,717→ 44,732 total(indirect: By LLC) - Sale
Equivalent Units of Everflow Eastern Partners, L.P.
2008-12-31$16.00/sh−5,591.5$89,464→ 33,549 total(indirect: By LLC)
Sykes Associates, LLC
10% Owner
Transactions
- Gift
See footnote
2009-01-01−164,975→ 0 total(indirect: By Trust) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1990-09-14+26,838→ 26,838 total(indirect: By Everflow Management Company) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1993-01-01+2,983→ 29,821 total(indirect: By Everflow Management Company) - Sale
Equivalent Units of Everflow Eastern Partners, L.P.
2008-12-31$16.00/sh−5,591.5$89,464→ 33,549 total(indirect: By LLC) - Gift
See footnote
2007-12-31−158,634→ 164,975 total(indirect: By Trust) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1995-11-13+8,521→ 38,342 total(indirect: By Everflow Management Company) - Gift
See footnote
2007-12-31+158,634→ 158,634 total(indirect: By Trust) - Purchase
Equivalent Units of Everflow Eastern Partners, L.P.
1999-05-20+6,390→ 44,732 total(indirect: By LLC) - Other
Equivalent Units of Everflow Eastern Partners, L.P.
2005-12-31$13.10/sh−894.64$11,717→ 44,732 total(indirect: By LLC) - Sale
Equivalent Units of Everflow Eastern Partners, L.P.
2008-12-31$16.00/sh−5,591.5$89,464→ 39,140.5 total(indirect: By LLC) - Other
See footnote
2005-12-31$13.10/sh−14,657.1$191,960→ 732,855 total(indirect: By LLC)
Footnotes (12)
- [F1]The reporting persons acquired the equivalent units in exchange for interests in certain drilling programs, the estimated value of which is $4.75 per each acquired equivalent unit.
- [F10]These securities are owned solely by Robert F. Sykes. Of the units of limited partnership interest gifted by the Robert F. Sykes Annuity Trust and the Catherine H. Sykes Annuity Trust on December 31, 2007, 79,639 were gifted to the Robert F. Sykes Living Trust and 78,995 were gifted to the Catherine H. Sykes Living Trust. Robert F. Sykes is the trustee and beneficiary of the Robert F. Sykes Living Trust. Robert F. Sykes' wife is the trustee and beneficiary of the Catherine H. Sykes Living Trust.
- [F11]These securities are owned solely by Robert F. Sykes.
- [F12]Units of Limited Partnership Interest of Everflow Eastern Partners, L.P.
- [F2]Represents Sykes Associates, LLC's proportionate interest in securities owned by Everflow Management Company. Robert F. Sykes, as managing member of and holding 2% interest (when combined with his wife's interest) with respect to Sykes Associates, LLC, disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. Robert F. Sykes is a director of the issuer.
- [F3]The reporting persons acquired the equivalent units in a 1-for-1 exchange for limited partnership units, with each limited partnership unit having an estimated value of $4.35.
- [F4]The reporting persons acquired the equivalent units in a 1-for-1 exchange for limited partnership units, with each limited partnership unit having an estimated value of $4.72.
- [F5]The reporting persons acquired the equivalent units in a 1-for-1 exchange for limited partnership units, with each limited partnership unit having an estimated value of $5.79.
- [F6]Represents Sykes Associates, LLC's proportionate interest in securities owned by Everflow Management Limited, LLC, the entity that in March 1999 replaced Everflow Management Company as the general partner of the partnership that owns the reported securities. Robert F. Sykes, as managing member of and holding 2% interest (when combined with his wife's interest) with respect to Sykes Associates, LLC, disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- [F7]Robert F. Sykes' 2% interest (when combined with his wife's interest) with respect to Sykes Associates, LLC was redeemed and he stepped down from managing member of Sykes Associates, LLC on December 31, 2005, assuming the role of co-managing member.
- [F8]Represents Sykes Associates, LLC's proportionate interest in securities owned by Everflow Management Limited, LLC. Robert F. Sykes, as co-managing member of and holding no interest with respect to Sykes Associates, LLC, disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- [F9]These units of limited partnership interest are owned directly by Sykes Associates, LLC, and indirectly by Robert F. Sykes as co-managing member of Sykes Associates, LLC. Robert F. Sykes, as co-managing member of and holding no interest with respect to Sykes Associates, LLC, disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
EVERFLOW EASTERN PARTNERS LP
CIK 0000868082
Entity typeother
Related Parties
1- filerCIK 0001476183
Filing Metadata
- Form type
- 5
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 6:48 AM ET
- Size
- 27.0 KB