Boardwalk Pipeline Partners, LP 4
4 · Boardwalk Pipeline Partners, LP · Filed Dec 23, 2016
Insider Transaction Report
Form 4
McMahon Michael E
Sr. VP, Gen. Counsel & Sec
Transactions
- Exercise/Conversion
BWP (Common Units)
2016-12-23+501.4→ 501.4 total - Tax Payment
BWP (Common Units)
2016-12-23$17.66/sh−501.4$8,855→ 0 total - Exercise/Conversion
Phantom Units
2016-12-23−501.4→ 12,385.6 totalFrom: 2016-12-23Exp: 2016-12-23→ BWP (Common Units) (501.4 underlying)
Footnotes (1)
- [F1]Each share of phantom units is the equivalent of one share of BWP common units. This payment represents settlement of amounts accelerated and withheld to satisfy applicable tax withholding obligations related to the December 1, 2016, vesting event for which the reporting person elected to defer payment until December 2017 pursuant to the payment options and provisions in the reporting person's grant agreement.