4//SEC Filing
Breitburn Energy Partners LP 4
Accession 0001357371-15-000141
CIK 0001357371operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 7:12 PM ET
Size
6.4 KB
Accession
0001357371-15-000141
Insider Transaction Report
Form 4
Breitenbach Randall Hart
DirectorCo-Chief Executive Officer
Transactions
- Award
Convertible Phantom Units
2015-06-12+563→ 72,767 totalFrom: 2015-12-28Exp: 2015-12-28→ Common Units (563 underlying)
Footnotes (3)
- [F1]Each Convertible Phantom Unit ("CPU") is a phantom equity award which includes a performance distribution right ("PDR") that entitles the holder to distributions at the same rate payable to common unitholders based upon the number of CPUs.
- [F2]Represents additional CPUs received by the Reporting Person pursuant to the terms of previously granted PDRs. Each PDR entitles the Reporting Person to additional CPUs with a value equal to the amount of distributions paid on each common unit. On June 12, 2015, BBEP paid a cash distribution to holders of its common units in an amount equal to 4.166 cents per common unit. Pursuant to the terms of the PDRs, the Reporting Person received a number of additional CPUs in respect of each PDR with a value (based on the closing price of BBEP's common units on the distribution date ($5.34)) equal to the per unit amount of the distribution.
- [F3]Common Units representing limited partner interests ("common units").
Documents
Issuer
Breitburn Energy Partners LP
CIK 0001357371
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001357371
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 7:12 PM ET
- Size
- 6.4 KB