SUNOCO LOGISTICS PARTNERS L.P. 4
4 · SUNOCO LOGISTICS PARTNERS L.P. · Filed Dec 8, 2015
Insider Transaction Report
Form 4
Chalson David R
Vice President, Operations
Transactions
- Award
Restricted Units
2015-12-04+15,567→ 47,737 total→ Common Units (15,567 underlying) - Exercise/Conversion
Restricted Units
2015-12-05−2,800→ 44,937 total→ Common Units (2,800 underlying) - Tax Payment
Common Units
2015-12-05$29.66/sh−882$26,160→ 83,238 total - Exercise/Conversion
Common Units
2015-12-05+2,800→ 84,120 total
Footnotes (4)
- [F1]Each Restricted Unit represents a contingent right to receive one Common Unit of SXL.
- [F2]This is a grant of Restricted Units awarded pursuant to the Sunoco Partners LLC ("Company") Long-Term Incentive Plan ("LTIP") in a transaction exempt under Rule 16b-3. The LTIP Restricted Units vest 60% on the December 5th following the third anniversary of the grant date and 40% on the December 5th following the fifth anniversary of the grant date, contingent only upon the continued employment of the reporting person with the Company at the time of vesting.
- [F3]The LTIP Restricted Units vest 60% on the December 5th following the third anniversary of the grant date and 40% on the December 5th following the fifth anniversary of the grant date, contingent only upon the continued employment of the reporting person with the Company at the time of vesting.
- [F4]Not applicable.