4//SEC Filing
Crestwood Equity Partners LP 4
Accession 0001209191-15-041937
CIK 0001136352operating
Filed
May 11, 8:00 PM ET
Accepted
May 12, 6:57 PM ET
Size
7.3 KB
Accession
0001209191-15-041937
Insider Transaction Report
Form 4
Moxley Joel D
SVP - Operations Services
Transactions
- Award
Phantom Units
2015-05-08+1,251.038→ 48,563.024 total→ Common Units (1,251.038 underlying)
Holdings
- 40,013
Common Units
Footnotes (4)
- [F1]Includes restricted units granted under the Crestwood Equity Partners LP Long Term Incentive Plan, as amended.
- [F2]Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP.
- [F3]Represents additional Phantom Units received by the Reporting Person pursuant to the terms of previously granted Distribution Equivalent Rights. Each Distribution Equivalent Right entitles the Reporting Person to additional Phantom Units with a value equal to the amount of distributions paid on each of CEQP's common units. On May 15, 2015, CEQP will pay a quarterly cash distribution to holders of its common units in an amount equal to $0.1375 per common unit. Pursuant to the terms of the Distribution Equivalent Rights, the Reporting Person receives a number of additional Phantom Units in respect of each Distribution Equivalent Right with a value (based on the closing price of CEQP's common units on the record date ($5.20) equal to the per unit amount of the distribution.
- [F4]The forfeiture restrictions on the phantom units shall lapse, and the phantom units shall vest and convert to an equal number of common units on the third (3rd) anniversary of the grant date.
Documents
Issuer
Crestwood Equity Partners LP
CIK 0001136352
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001136352
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 6:57 PM ET
- Size
- 7.3 KB