Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Dec 30, 2015
Insider Transaction Report
Form 4
Smith Lawrence C
Controller
Transactions
- Exercise/Conversion
Common Units
2015-12-28+4,881→ 77,905 total - Exercise/Conversion
Common Units
2015-12-28+4,869→ 82,774 total - Tax Payment
Common Units
2015-12-28$0.71/sh−9,422$6,705→ 88,677 total - Exercise/Conversion
Common Units
2015-12-28+15,325→ 98,099 total - Exercise/Conversion
Restricted Phantom Units
2015-12-28−4,869→ 4,870 total→ Common Units (4,869 underlying) - Exercise/Conversion
Restricted Phantom Units
2015-12-28−15,325→ 30,651 total→ Common Units (15,325 underlying) - Exercise/Conversion
Restricted Phantom Units
2015-12-28−4,881→ 0 total→ Common Units (4,881 underlying)
Footnotes (5)
- [F1]Common Units representing limited partner interests ("common units").
- [F2]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.
- [F3]The RPUs that vested on December 28, 2015, were settled for an equal number of common units.
- [F4]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.
- [F5]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.