4//SEC Filing
Stark Jack 4
Accession 0001567619-19-000116
CIK 0001075607other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 5:31 PM ET
Size
6.1 KB
Accession
0001567619-19-000116
Insider Transaction Report
Form 4
JENKINS-STARK JACK
Director
Transactions
- Award
Deferred Share Units
2018-12-31$32.12/sh+545$17,505→ 24,573 total→ Common units representing limited partner interest (545 underlying)
Footnotes (3)
- [F1]Upon termination of service as a director, Deferred Share Units ("DSUs") recorded in the reporting person's account will be settled, at the reporting person's election, in common units representing a limited partner interest in TC PipeLines, LP ("Common Units") at no additional cost on a 1 for 1 basis or in cash of equivalent value, less any applicable withholdings.
- [F2]The DSUs are immediately fully vested and are redeemable only following Mr. Stark's termination of Board service.
- [F3]Represents the automatic grant of DSUs made to Mr. Stark on a quarterly basis as part of his annual board compensation. The number of DSUs is calculated based on the Fair Market Value of the Common Units on the last trading day of the quarterly payment period.
Documents
Issuer
TC PIPELINES LP
CIK 0001075607
Entity typeother
Related Parties
1- filerCIK 0001208353
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 5:31 PM ET
- Size
- 6.1 KB