Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Dec 30, 2015
Insider Transaction Report
Form 4
Breitenbach Randall Hart
DirectorCo-Chief Executive Officer
Transactions
- Exercise/Conversion
Common Units
2015-12-28+78,746→ 519,793 total - Exercise/Conversion
Common Units
2015-12-28+23,186→ 441,047 total - Tax Payment
Common Units
2015-12-28$0.71/sh−38,305$27,258→ 481,488 total - Exercise/Conversion
Restricted Phantom Units
2015-12-28−23,186→ 0 total→ Common Units (23,186 underlying) - Exercise/Conversion
Convertible Phantom Units
2015-12-28−78,746→ 0 totalFrom: 2015-12-28Exp: 2015-12-28→ Common Units (78,746 underlying)
Holdings
- 690,751(indirect: The Strand Energy Company)
Common Units
Footnotes (5)
- [F1]Common Units representing limited partner interests ("common units").
- [F2]The reported common units are owned directly by The Strand Energy Company of which Mr. Breitenbach is the 26% owner. The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest
- [F3]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.
- [F4]The RPUs that vested on December 28, 2015, were settled for an equal number of common units.
- [F5]The Convertible Phantom Units that vested on December 28, 2015, were settled for an equal number of common units.