Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Dec 30, 2015
Insider Transaction Report
Form 4
McFarland Bruce D
Treasurer& Secretary
Transactions
- Exercise/Conversion
Restricted Phantom Units
2015-12-28−3,179→ 0 total→ Common Units (3,179 underlying) - Exercise/Conversion
Common Units
2015-12-28+3,179→ 33,749 total - Exercise/Conversion
Common Units
2015-12-28+2,958→ 36,707 total - Exercise/Conversion
Common Units
2015-12-28+10,589→ 47,296 total - Exercise/Conversion
Restricted Phantom Units
2015-12-28−2,958→ 2,960 total→ Common Units (2,958 underlying) - Exercise/Conversion
Restricted Phantom Units
2015-12-28−10,589→ 21,178 total→ Common Units (10,589 underlying) - Tax Payment
Common Units
2015-12-28$0.71/sh−6,284$4,472→ 41,012 total
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.