Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Jan 5, 2015
Insider Transaction Report
Form 4
BUTLER JOHN R JR
Director
Transactions
- Exercise/Conversion
Restricted Phantom Units
2015-01-01−3,158→ 3,159 total→ Common Units (3,158 underlying) - Exercise/Conversion
Common Units
2015-01-01+2,868→ 83,686 total - Exercise/Conversion
Restricted Phantom Units
2015-01-01−2,868→ 5,736 total→ Common Units (2,868 underlying) - Exercise/Conversion
Common Units
2015-01-01+2,429→ 77,660 total - Exercise/Conversion
Common Units
2015-01-01+3,158→ 80,818 total - Exercise/Conversion
Restricted Phantom Units
2015-01-01−2,429→ 0 total→ Common Units (2,429 underlying)
Footnotes (5)
- [F1]Common Units representing limited partner interests ("common units").
- [F2]The Restricted Phantom Units ("RPUs") that vested on January 1, 2015, were settled for an equal number of common units.
- [F3]The RPUs that vested on January 1, 2015 were settled for an equal number of common units. On January 1, 2016, the remaining RPUs will be settled for an equal number of common units.
- [F4]The RPUs that vested on January 1, 2015, were settled for an equal number of common units. On each of January 1, 2016, and January 1, 2017, one-half of the remaining RPUs will be settled for an equal number of common units.
- [F5]Each 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.