Home/Filings/4/0001357371-15-000237
4//SEC Filing

Breitburn Energy Partners LP 4

Accession 0001357371-15-000237

CIK 0001357371operating

Filed

Dec 29, 7:00 PM ET

Accepted

Dec 30, 7:24 PM ET

Size

21.7 KB

Accession

0001357371-15-000237

Insider Transaction Report

Form 4
Period: 2015-12-28
Washburn Halbert S
DirectorCo-Chief Executive Officer
Transactions
  • Exercise/Conversion

    Common Units

    2015-12-28+30,048328,878 total
  • Exercise/Conversion

    Common Units

    2015-12-28+26,597298,830 total
  • Exercise/Conversion

    Common Units

    2015-12-28+206,097534,975 total
  • Exercise/Conversion

    Common Units

    2015-12-28+120,437655,412 total
  • Tax Payment

    Common Units

    2015-12-28$0.71/sh169,543$120,647485,869 total
  • Exercise/Conversion

    Restricted Phantom Units

    2015-12-2826,5970 total
    Common Units (26,597 underlying)
  • Exercise/Conversion

    Restricted Phantom Units

    2015-12-2830,04830,048 total
    Common Units (30,048 underlying)
  • Exercise/Conversion

    Restricted Phantom Units

    2015-12-28206,097412,196 total
    Common Units (206,097 underlying)
  • Exercise/Conversion

    Convertible Phantom Units

    2015-12-28120,4370 total
    From: 2015-12-28Exp: 2015-12-28Common Units (120,437 underlying)
Holdings
  • Common Units

    (indirect: The Strand Energy Company)
    690,751
  • Common Units

    (indirect: By Trust)
    6,485
Footnotes (8)
  • [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. Washburn is the 48% owner. The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.
  • [F3]The reported common units are owned directly by the Halbert S. Washburn Living Trust, and Mr. Washburn 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.
  • [F4]Each Restricted Phantom Unit ("RPU") is the economic equivalent of one common unit which includes a distribution equivalent right ("DER") that entitles the holder to cash distributions at the same rate payable to common unitholders.
  • [F5]The RPUs that vested on December 28, 2015, were settled for an equal number of common units.
  • [F6]The RPUs that vested on December 28, 2015, were settled for an equal number of common units. On December 28, 2016, the remaining RPUs will be settled for an equal number of common units.
  • [F7]The RPUs that vested on December 28, 2015, were settled for an equal number of common units. On each of December 28, 2016, and December 28, 2017, one-half of the remaining RPUs will be settled for an equal number of common units.
  • [F8]The Convertible Phantom Units that vested on December 28, 2015, were settled for an equal number of common units.

Issuer

Breitburn Energy Partners LP

CIK 0001357371

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001357371

Filing Metadata

Form type
4
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 7:24 PM ET
Size
21.7 KB