Pioneer Southwest Energy Partners L.P. 4
4 · Pioneer Southwest Energy Partners L.P. · Filed Dec 18, 2013
Insider Transaction Report
Form 4
KELLUM DANNY L
DirectorEVP, Permian Operations
Transactions
- Disposition to Issuer
Common Units
2013-12-17−14,368→ 0 total
Footnotes (1)
- [F1]On December 17, 2013, the Issuer merged with a subsidiary of Pioneer Natural Resources Company ("PXD") and each publicly held common unit of the Issuer was converted into the right to receive 0.2325 of a share of PXD common stock. Pursuant to the merger, common units of the Issuer held by the reporting person were converted into 3,340 shares of PXD common stock. The common units disposed of includes 12,076 common units underlying awards of phantom units of the Issuer that, by virtue of the merger, were converted into awards of 2,807 restricted stock units of PXD common stock. On December 17, 2013, the closing price of Issuer common units was $42.50 and the closing price of shares of PXD common stock was $182.43.