COCKRELL J MICHAEL 4
4 · TEPPCO PARTNERS LP · Filed Oct 28, 2009
Insider Transaction Report
Form 4
COCKRELL J MICHAEL
Senior Vice President
Transactions
- Disposition to Issuer
Employee Unit Options - Right To Buy
2009-10-26−25,000→ 0 total→ Common Units (25,000 underlying) - Disposition to Issuer
Employee Unit Options - Right To Buy
2009-10-26−22,000→ 0 total→ Common Units (22,000 underlying) - Disposition to Issuer
Employee Unit Options - Right To Buy
2009-10-26−25,000→ 0 total→ Common Units (25,000 underlying) - Disposition to Issuer
Class B Limited Partner Interest in TEPPCO Unit L.P.
2009-10-26−0→ 0 total→ Common Units - Disposition to Issuer
Common Units Representing Limited Partnership Interests
2009-10-26−22,200→ 0 total - Disposition to Issuer
Employee Unit Options - Right To Buy
2009-10-26−23,500→ 0 total→ Common Units (23,500 underlying) - Disposition to Issuer
UAR
2009-10-26−33,076→ 0 total→ Common Units (33,076 underlying) - Disposition to Issuer
Common Units Representing Limited Partnership Interests
2009-10-26−5,000→ 0 total(indirect: By LLC)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of June 28, 2009, by and among Enterprise Products Partners L.P., Enterprise Products GP, LLC, Enterprise Sub B LLC, TEPPCO Partners, L.P. and Texas Eastern Products Pipeline Company, LLC (the "MLP Merger Agreement") in exchange for the merger consideration (as defined in the MLP Merger Agreement).
- [F2]Pursuant to the MLP Merger Agreement, all employee unit options, phantom units, and unit appreciation rights ("UARs") were converted into the merger consideration with respect to such awards.
- [F3]The grant of Class B limited partner interest in TEPPCO Unit L.P., which owned TEPPCO units, was not made in TEPPCO units, but rather an interest in the partnership. The TEPPCO units held by the partnership were disposed of pursuant to the MLP Merger Agreement in exchange for the merger consideration.
- [F4]The power of attorney under which this form was signed is on file with the Commission.