SUNOCO LOGISTICS PARTNERS L.P. 4
4 · SUNOCO LOGISTICS PARTNERS L.P. · Filed Dec 8, 2015
Insider Transaction Report
Form 4
Shea-Ballay Kathleen
VP, General Counsel & SECY
Transactions
- Exercise/Conversion
Common Units
2015-12-05+2,800→ 51,862 total - Exercise/Conversion
Restricted Units
2015-12-05−2,800→ 50,743 total→ Common Units (2,800 underlying) - Tax Payment
Common Units
2015-12-05$29.66/sh−1,291$38,291→ 50,571 total - Award
Restricted Units
2015-12-04+20,859→ 53,543 total→ Common Units (20,859 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.