Breitburn Energy Partners LP 4

4 · Breitburn Energy Partners LP · Filed Dec 30, 2014

Form 4

Period: 2014-12-28

Senior Vice President

Transactions

Exercise/Conversion
Common Units
[F1][F2]
2014-12-28+7,607→ 86,216 total
Exercise/Conversion
Common Units
[F1][F2]
2014-12-28+7,309→ 93,525 total
Exercise/Conversion
Common Units
[F1][F2]
2014-12-28+3,329→ 96,854 total
Exercise/Conversion
Common Units
[F1][F2]
2014-12-28+11,670→ 108,524 total
Tax Payment
Common Units
[F1]
2014-12-28$7.02/sh−8,180$57,424→ 100,344 total
Exercise/Conversion
Restricted Phantom Units
[F2][F3][F1]
2014-12-28−7,607→ 0 total
→ Common Units (7,607 underlying)
Exercise/Conversion
Restricted Phantom Units
[F2][F4][F1]
2014-12-28−7,309→ 13,969 total
→ Common Units (7,309 underlying)
Exercise/Conversion
Restricted Phantom Units
[F2][F4][F1]
2014-12-28−3,329→ 10,640 total
→ Common Units (3,329 underlying)
Exercise/Conversion
Restricted Phantom Units
[F2][F5][F1]
2014-12-28−11,670→ 23,340 total
→ Common Units (11,670 underlying)

Footnotes (5)

[F1]Common Units representing limited partner interests ("common units").
[F2]Each Restricted Phantom Unit ("RPU") is the economic equivalent of one common unit which includes a distribution equivalent right that entitles the holder to cash distributions at the same rate payable to common unitholders.
[F3]The RPUs that vested on December 28, 2014 were settled for an equal number of common units.
[F4]The RPUs that vested on December 28, 2014, were settled for an equal number of common units. On December 28, 2015, the remaining RPUs will be settled for an equal number of common units.
[F5]The RPUs that vested on December 28, 2014, were settled for an equal number of common units. On each of December 28, 2015 and December 28, 2016, one-half of the remaining RPUs will be settled for an equal number of common units.

Signature

/s/ Eureka Nutt, Attorney-in-Fact|2014-12-30

Documents

1 file