McMahon Michael E 4
4 · Boardwalk Pipeline Partners, LP · Filed Dec 15, 2017
Insider Transaction Report
Form 4
McMahon Michael E
Sr. VP, Gen. Counsel & Sec
Transactions
- Exercise/Conversion
BWP (Common Units)
2017-12-15+12,886→ 12,886 total - Exercise/Conversion
BWP (Common Units)
2017-12-15+561.43→ 561.43 total - Exercise/Conversion
Phantom Units
2017-12-15−12,886→ 0 totalFrom: 2017-12-15Exp: 2017-12-15→ BWP (Common Units) (12,886 underlying) - Exercise/Conversion
Phantom Units
2017-12-15−561.43→ 17,356.07 totalFrom: 2017-12-15Exp: 2017-12-15→ BWP (Common Units) (561.43 underlying) - Disposition to Issuer
BWP (Common Units)
2017-12-15$15.44/sh−12,385.6$191,234→ 0 total - Disposition to Issuer
BWP (Common Units)
2017-12-15$15.44/sh−12,886$198,960→ 0 total - Tax Payment
BWP (Common Units)
2017-12-15$15.04/sh−561.43$8,444→ 0 total - Exercise/Conversion
Phantom Units
2017-12-15−12,385.6→ 0 totalFrom: 2017-12-15Exp: 2017-12-15→ BWP (Common Units) (12,385.6 underlying) - Exercise/Conversion
BWP (Common Units)
2017-12-15+12,385.6→ 12,385.6 total
Footnotes (2)
- [F1]Each share of phantom units is the equivalent of one share of BWP common units. The reporting person settled his shares of phantom units for cash pursuant to the payment provisions in the reporting person's grant agreement.
- [F2]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, 2017, vesting event for which the reporting person elected to defer payment until December 2018 pursuant to the payment options and provisions in the reporting person's grant agreement.