PVR PARTNERS, L. P. 4
4 · PVR PARTNERS, L. P. · Filed Mar 25, 2014
Insider Transaction Report
Form 4
PERELMAN MARSHA REINES
Director
Transactions
- Disposition to Issuer
Common Units
2014-03-21−94,679→ 0 total - Exercise/Conversion
Common Units
2014-03-21+42,450→ 94,679 total - Exercise/Conversion
Deferred Common Units
2014-03-21−42,450→ 0 totalExercise: $0.00→ Common Units (42,450 underlying)
Footnotes (3)
- [F1]Disposition in connection with the merger of PVR Partners, L.P. ("PVR") into Regency Energy Partners LP ("Regency") effective on March 21, 2014 (the "Merger"). On March 20, 2014, the last trading day for the PVR common units, the closing price of PVR's common units was $27.44 per unit (the "Closing Price"), and the closing price of Regency's common units was $26.70 per unit. Each PVR common unit outstanding, and each common unit deemed issued and outstanding pursuant to the reported vestings was converted into the right to receive 1.020 Regency common units.
- [F2]Each deferred common unit represents one common unit of the Issuer, which was distributed pursuant to the terms of the PVR GP LLC Sixth Amended and Restated Long Term Incentive Plan and the Merger when Ms. Perelman ceased to serve as a non-employee director of PVR GP, LLC, the general partner of the Issuer.
- [F3]Disposition in connection with the merger of PVR Partners, L.P. ("PVR") into Regency Energy Partners LP ("Regency") effective on March 21, 2014 (the "Merger"). On March 20, 2014, the last trading day for the PVR common units, the closing price of PVR's common units was $27.44 per unit (the "Closing Price"), and the closing price of Regency's common units was $26.70 per unit. Each PVR common unit outstanding, and each common unit deemed issued and outstanding pursuant to the reported vestings was converted into the right to receive 1.020 Regency common units. Each deferred common unit represents one common unit of the Issuer, which was distributed pursuant to the terms of the PVR GP LLC Sixth Amended and Restated Long Term Incentive Plan and the Merger when Ms. Perelman ceased to serve as a non-employee director of PVR GP, LLC, the general partner of the Issuer.