4//SEC Filing
Regency Energy Partners LP 4
Accession 0001209191-15-038293
CIK 0001338613operating
Filed
May 3, 8:00 PM ET
Accepted
May 4, 12:55 PM ET
Size
23.3 KB
Accession
0001209191-15-038293
Insider Transaction Report
Form 4
Sturrock Troy
VP, Controller and PAO
Transactions
- Tax Payment
Common Units
2015-04-30$22.35/sh−547$12,225→ 14,825 total - Disposition to Issuer
Phantom Units with DER
2015-04-30−3,200→ 0 total→ Common Units (3,200 underlying) - Disposition to Issuer
Phantom Units with DER
2015-04-30−9,000→ 0 total→ Common Units (9,000 underlying) - Disposition to Issuer
Unit Options
2015-04-30−10,000→ 0 totalExercise: $22.00Exp: 2016-06-19→ Common Units (10,000 underlying) - Exercise/Conversion
Phantom Units with DER
2015-04-30−2,000→ 0 total→ Common Units (2,000 underlying) - Disposition to Issuer
Phantom Units with DER
2015-04-30−9,200→ 0 total→ Common Units (9,200 underlying) - Exercise/Conversion
Common Units
2015-04-30+2,000→ 15,372 total - Disposition to Issuer
Common Units
2015-04-30−14,825→ 0 total - Disposition to Issuer
Phantom Units with DER
2015-04-30−10,000→ 0 total→ Common Units (10,000 underlying)
Footnotes (8)
- [F1]Immediately prior to the merger of a wholly owned subsidiary of Energy Transfer Partners, L.P. ("ETP") with and into Regency Energy Partners LP ("RGP") effective on April 30, 2015 (the "Merger"), 2,000 of the reporting person's Phantom Units vested in full in accordance with the reporting persons December 17, 2010 Phantom Unit award, and an equal number of RGP common units were deemed issued in settlement thereof.
- [F2]Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in RGP.
- [F3]Common Units withheld to cover taxes payable upon vesting of Phantom Units reported in Table II.
- [F4]Closing price for the RGP common units on April 28, 2015, the date used to calculate awards.
- [F5]Disposition in connection with the Merger. On April 29, 2015, the last trading day for the RGP common units, the closing price of the RGP common units was $23.47 per unit and the closing price of ETP's common units was $55.30 per unit. Each RGP common unit outstanding, and each common unit deemed issued and outstanding pursuant to the reported vestings was converted into the right to receive 0.4124 ETP common units (the "Merger Consideration").
- [F6]Not applicable.
- [F7]Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in RGP. Pursuant to the Merger, each of the reporting person's Phantom Unit awards granted on December 21, 2011, December 17, 2012, January 3, 2014 and December 19, 2014 was converted into the right to receive an award of phantom units relating to ETP common units based on the Merger Consideration.
- [F8]Immediately prior to the Merger, each of the reporting person's unit options received pursuant to the June 19, 2006 unit options award were deemed exercised on a net-issuance basis based on $22.35, the closing price of the RGP common units on April 28, 2015, the date used to calculate awards, and each net-issued common unit deemed to have been issued was converted into the right to receive 0.4124 ETP common units.
Documents
Issuer
Regency Energy Partners LP
CIK 0001338613
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001338613
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 12:55 PM ET
- Size
- 23.3 KB