Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Jan 5, 2015
Insider Transaction Report
Form 4
Weiss Charles S
Director
Transactions
- Exercise/Conversion
Common Units
[F1][F2]2015-01-01+2,429→ 39,801 total - Exercise/Conversion
Common Units
[F1][F3]2015-01-01+3,158→ 42,959 total - Exercise/Conversion
Common Units
[F1][F4]2015-01-01+2,868→ 45,827 total - Exercise/Conversion
Restricted Phantom Units
[F6][F2][F1]2015-01-01−2,429→ 0 total→ Common Units (2,429 underlying) - Exercise/Conversion
Restricted Phantom Units
[F6][F3][F1]2015-01-01−3,158→ 3,159 total→ Common Units (3,158 underlying) - Exercise/Conversion
Restricted Phantom Units
[F6][F4][F1]2015-01-01−2,868→ 5,736 total→ Common Units (2,868 underlying)
Holdings
- 10,985(indirect: By Trust)
Common Units
[F1][F5]
Footnotes (6)
- [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]The reported common units shown as indirectly owned are owned directly by WFI, LLC, which is wholly owned by Mr. Weiss and his family. Mr. Weiss has the power and authority to dispose of the common units , and accordingly, may be deemed to be the beneficial owner of such common units.
- [F6]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.
Signature
/s/ Roberta E. Kass, Attorney-in-Fact|2015-01-05