Smith Clark C. 4
4 · BUCKEYE PARTNERS, L.P. · Filed Feb 11, 2019
Insider Transaction Report
Form 4
Smith Clark C.
President & COO
Transactions
- Exercise/Conversion
Limited Partner Units
2019-02-10+31,158→ 210,822 total - Exercise/Conversion
Phantom Units
2019-02-10−31,158→ 0 totalFrom: 2019-02-10Exp: 2019-02-10→ Limited Partner Units (31,158 underlying) - Tax Payment
Limited Partner Units
2019-02-10$30.64/sh−11,529$353,249→ 199,293 total
Holdings
- 15,293(indirect: By Trust)
Limited Partner Units
Footnotes (2)
- [F1]Each phantom unit is the economic equivalent of one limited partner unit of Buckeye Partners, L.P.
- [F2]The reporting person disclaims beneficial ownership of these securities because the reporting person is not the trustee of the trust and does not exercise any control over the trustee or derive any economic benefit from the securities. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.