Thompson Jerry Edward 4
4 · TEPPCO PARTNERS LP · Filed Apr 14, 2009
Insider Transaction Report
Form 4
Thompson Jerry Edward
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Units Representing Limited Partnership Interests
2007-04-11+13,000→ 25,000 total - Exercise/Conversion
Phantom Units
2007-04-11−13,000→ 26,000 total→ Common Units (13,000 underlying) - Exercise/Conversion
Phantom Units
2009-04-11−13,000→ 0 total→ Common Units (13,000 underlying) - Disposition to Issuer
Common Units Representing Limited Partnership Interests
2007-04-11$44.39/sh−13,000$577,070→ 12,000 total - Exercise/Conversion
Common Units Representing Limited Partnership Interests
2009-04-11+13,000→ 79,560 total - Exercise/Conversion
Common Units Representing Limited Partnership Interests
2008-04-11+13,000→ 50,000 total - Award
Phantom Units
2006-04-11+39,000→ 39,000 total→ Common Units (39,000 underlying) - Disposition to Issuer
Common Units Representing Limited Partnership Interests
2009-04-11$23.47/sh−13,000$305,110→ 66,560 total - Disposition to Issuer
Common Units Representing Limited Partnership Interests
2008-04-11$34.31/sh−13,000$446,030→ 37,000 total - Exercise/Conversion
Phantom Units
2008-04-11−13,000→ 13,000 total→ Common Units (13,000 underlying)
Holdings
- 4,200(indirect: By Trust)
Common Units Representing Limited Partnership Interests
Footnotes (4)
- [F1]Each Phantom Unit is the economic equivalent of one common unit of TPP.
- [F2]One-Third of the Phantom Units awarded on April 11, 2006 vest on each of April 11, 2007, April 11, 2008, and April 11, 2009. The exercise date and the expiration date of this grant are the same as the vesting dates. Upon vesting of the Phantom Units, the Reporting Person shall receive a cash payment equivalent to the closing price of the TPP common unit on the date of vesting or the closest preceding date as appropriate times the number of Phantom Units vesting.
- [F3]Includes common units granted to the Reporting Person that have restricted vesting dates and are subject to forfeiture.
- [F4]The power of attorney under which this form was signed is on file with the Commission.