Friedman Walker C 4
4 · BreitBurn Energy Partners L.P. · Filed Apr 29, 2010
Insider Transaction Report
Form 4
Friedman Walker C
Director
Transactions
- Award
Phantom Units
2010-04-27+6,284→ 6,284 total→ Common Units Representing Limited Partner Interests (6,284 underlying)
Footnotes (2)
- [F1]Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in BBEP (a "common unit") and is accompanied by a Distribution Equivalent Right, entitling the holder to additional Phantom Units with a value equal to the amount of distributions paid on each of the issuer's common units.
- [F2]The Phantom Units will be settled at the election of BBEP for an equal number of common units or for cash on January 1, 2013