SUNOCO LOGISTICS PARTNERS L.P. 4
4 · SUNOCO LOGISTICS PARTNERS L.P. · Filed Dec 8, 2015
Insider Transaction Report
Form 4
Lauterbach Kurt A
Sr. VP, Lease Acquisitions
Transactions
- Tax Payment
Common Units
2015-12-05$29.66/sh−1,175$34,851→ 133,479 total - Exercise/Conversion
Restricted Units
2015-12-05−2,800→ 43,688 total→ Common Units (2,800 underlying) - Exercise/Conversion
Common Units
2015-12-05+2,800→ 134,654 total - Award
Restricted Units
2015-12-04+14,010→ 46,488 total→ Common Units (14,010 underlying)
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.