4//SEC Filing
Lindsay Robert D 4
Accession 0001548119-12-000001
CIK 0001523733other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 8:24 PM ET
Size
9.4 KB
Accession
0001548119-12-000001
Insider Transaction Report
Form 4
Lindsay Robert D
Director10% Owner
Transactions
- Other
Common Units representing limited partner interests
2012-06-18−32,365,427→ 71,359,573 total(indirect: See Footnote)
GOLDBERG ALAN E
Director10% Owner
Transactions
- Other
Common Units representing limited partner interests
2012-06-18−32,365,427→ 71,359,573 total(indirect: See Footnote)
LG Propylene LLC
Director10% Owner
Transactions
- Other
Common Units representing limited partner interests
2012-06-18−32,365,427→ 71,359,573 total(indirect: See Footnote)
Footnotes (2)
- [F1]Prior to the date of this report, LG Propylene LLC ("LG Propylene") was the record holder of 1,100,000 common units ("Common Units") representing limited partner interests in PetroLogistics LP (the "Partnership"). In addition, LG Propylene has the right to appoint six members of the board of managers of PL Manufacturing ("PL Manufacturing"). LG Propylene may be deemed to beneficially own the Common Units held of record by Manufacturing, but disclaims beneficial ownership except to the extent of its pecuniary interests therein. Alan E. Goldberg and Robert D. Lindsay (together with LG Propylene, the "Reporting Persons") control LG Propylene through a series of affiliated investment funds and may be deemed to beneficially own the Common Units held of record by each of LG Propylene and PL Manufacturing, but each disclaims beneficial ownership, except to the extent of Messrs. Goldberg's and Lindsay's respective pecuniary interests therein.
- [F2]On June 18, 2012, PL Manufacturing distributed a total of 93,493,750 Common Units to its members, including 65,128,323 Common Units to the LG Propylene. This transaction resulted in a net decrease in the beneficial ownership of the Reporting Persons of 32,365,427 Common Units.
Documents
Issuer
PetroLogistics LP
CIK 0001523733
Entity typeother
Related Parties
1- filerCIK 0001332188
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 8:24 PM ET
- Size
- 9.4 KB