Williams William Presley 4
4 · Energy Transfer Equity, L.P. · Filed Dec 29, 2017
Insider Transaction Report
Form 4
Williams William Presley
Director
Transactions
- Disposition to Issuer
Common Units
2017-12-27−12,323→ 22,216 total - Award
Phantom Units
2017-12-27+7,107→ 7,107 total→ Common Units (7,107 underlying) - Award
Phantom Units
2017-12-27+5,216→ 12,323 total→ Common Units (5,216 underlying)
Holdings
- 3,032,028(indirect: By Partnership)
Common Units
- 2,338,484(indirect: By Partnership)
Common Units
Footnotes (3)
- [F1]These common units, previously granted in connection with an award of restricted units under the Partnership's original long-term incentive plan, are being replaced with an award of phantom units in accordance with the Exchange and Rescission Agreement by and between the reporting person and the Partnership.
- [F2]An award of phantom units granted under the Amended and Restated Energy Transfer Equity, L.P. Long-Term Incentive Plan scheduled to vest 60% on January 2, 2019 and 40% on January 2, 2021 that may vest in Partnership units, cash or other securities and is generally contingent upon the reporting person's continued service on the Board of the general partner of the Partnership on each applicable vesting date. The Amended and Restated Energy Transfer Equity, L.P. Long-Term Incentive Plan - approved by the Board of Directors of the Partnership on December 20, 2017 - is pending approval by a majority of the ETE unitholders.
- [F3]An award of phantom units granted under the Amended and Restated Energy Transfer Equity, L.P. Long-Term Incentive Plan scheduled to vest 60% on January 2, 2020 and 40% on January 2, 2022 that may vest in Partnership units, cash or other securities and is generally contingent upon the reporting person's continued service on the Board of the general partner of the Partnership on each applicable vesting date. The Amended and Restated Energy Transfer Equity, L.P. Long-Term Incentive Plan - approved by the Board of Directors of the Partnership on December 20, 2017 - is pending approval by a majority of the ETE unitholders.