Breitburn Energy Partners LP 4
4 · Breitburn Energy Partners LP · Filed Jan 4, 2016
Insider Transaction Report
Form 4
WOLF DONALD D
Director
Transactions
- Exercise/Conversion
Common Units
2016-01-01+8,892→ 8,892 total - Exercise/Conversion
Restricted Phantom Units
2016-01-01−8,892→ 17,785 total→ Common Units (8,892 underlying)
Footnotes (3)
- [F1]Common units representing limited partner interests.
- [F2]Each Restricted Phantom Unit ("RPU") is the economic equivalent of one common unit representing a limited partner interest in BBEP 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 January 1, 2016, were settled for an equal number of common units. On each of January 1, 2017, and January 1, 2018, one-half of the remaining RPUs will be settled for an equal number of common units.