Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Dec 30, 2014
Insider Transaction Report
Form 4
Smith Lawrence C
Controller
Transactions
- Exercise/Conversion
Common Units
2014-12-28+4,417→ 68,597 total - Tax Payment
Common Units
2014-12-28$7.02/sh−5,321$37,353→ 73,024 total - Exercise/Conversion
Common Units
2014-12-28+4,869→ 78,345 total - Exercise/Conversion
Restricted Phantom Units
2014-12-28−4,417→ 0 total→ Common Units (4,417 underlying) - Exercise/Conversion
Restricted Phantom Units
2014-12-28−4,869→ 9,739 total→ Common Units (4,869 underlying) - Exercise/Conversion
Common Units
2014-12-28+4,879→ 73,476 total - Exercise/Conversion
Restricted Phantom Units
2014-12-28−4,879→ 4,881 total→ Common Units (4,879 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.