SUNOCO LOGISTICS PARTNERS L.P. 4
4 · SUNOCO LOGISTICS PARTNERS L.P. · Filed Dec 8, 2015
Insider Transaction Report
Form 4
Slough Michael W
Sr VP, Eng, Cons & Procurement
Transactions
- Tax Payment
Common Units
2015-12-05$29.66/sh−1,653$49,028→ 26,245 total - Exercise/Conversion
Restricted Units
2015-12-05−3,586→ 26,749 total→ Common Units (3,586 underlying) - Exercise/Conversion
Common Units
2015-12-05+3,586→ 27,898 total - Award
Restricted Units
2015-12-04+14,010→ 30,335 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.