4//SEC Filing
MCREYNOLDS JOHN W 4
Accession 0001209191-18-032776
CIK 0001276187other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 8:02 PM ET
Size
16.3 KB
Accession
0001209191-18-032776
Insider Transaction Report
Form 4
MCREYNOLDS JOHN W
Director
Transactions
- Conversion
Common Units
2018-05-21+2,056,313→ 12,142,593 total(indirect: By: McReynolds Equity Partners, L.P.) - Conversion
Common Units
2018-05-21+2,955,200→ 17,455,608 total(indirect: By: McReynolds Energy Partners, L.P.) - Conversion
Common Units
2018-05-21+122,158→ 630,958 total - Conversion
Series A Convertible Preferred Units
2018-05-21−508,800→ 0 totalExercise: $6.56→ Common Units (122,158 underlying) - Conversion
Series A Convertible Preferred Units
2018-05-21−8,564,710→ 0 total(indirect: By: McReynolds Equity Partners, L.P.)Exercise: $6.56→ Common Units (2,056,313 underlying) - Conversion
Series A Convertible Preferred Units
2018-05-21−12,308,645→ 0 total(indirect: By: McReynolds Energy Partners, L.P.)Exercise: $6.56→ Common Units (2,955,200 underlying)
Footnotes (2)
- [F1]On May 21, 2018 (the "Conversion Date"), the Series A Convertible Preferred Units (the "Convertible Units") representing limited partner interests in Energy Transfer Equity, L.P. (the "Partnership") automatically converted into a number of common units representing limited partner interests in the Partnership ("common units") determined by dividing (a) the Conversion Value (as defined below) on the Conversion Date by (b) $6.56. On the date the Convertible Units were issued, the Conversion Value (as defined below) of each Convertible Unit was zero, and the Conversion Value increased each fiscal quarter since the issuance and prior to the Conversion Date in an amount equal to $0.285 less the cash distribution actually paid with respect to each Convertible Unit for such quarter. As of the Conversion Date, the conversion value of each Convertible Unit is $1.575 (the "Conversion Value").
- [F2]The reported securities are owned directly by a limited partnership of which Mr. McReynolds is the general partner. Mr. McReynolds disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Energy Transfer Equity, L.P.
CIK 0001276187
Entity typeother
Related Parties
1- filerCIK 0001281086
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 8:02 PM ET
- Size
- 16.3 KB