Breitburn Energy Partners LP·4

May 26, 7:29 PM ET

Breitburn Energy Partners LP 4

4 · Breitburn Energy Partners LP · Filed May 26, 2016

Insider Transaction Report

Form 4
Period: 2016-05-24
Washburn Halbert S
DirectorCo-Chief Executive Officer
Transactions
  • Sale

    Common Units

    2016-05-24$0.17/sh6,515$1,0980 total(indirect: By Trust)
  • Sale

    Common Units

    2016-05-24$0.17/sh35,710$6,0210 total(indirect: By Children)
Holdings
  • Common Units

    839,106
  • Common Units

    (indirect: The Strand Energy Company)
    0
Footnotes (6)
  • [F1]Common Units representing limited partner interests ("common units").
  • [F2]This transaction was executed in multiple trades at prices ranging from $0.1673 to $0.1701, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of common units and prices at which the transactions were effected.
  • [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]Holdings include 333,237 units of Breitburn Energy Partners LP distributed by The Strand Energy Company ("TSEC") to Mr. Washburn on March 21, 2016. These units represent his 48% owernship share of the units previously held by TSEC.
  • [F5]On March 21, 2016, The Strand Energy Company distributed all of its units of Breitburn Energy Partners LP to its owners.
  • [F6]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.

Documents

1 file
  • 4
    wf-form4_146430532779683.xmlPrimary

    FORM 4