PLAINS GP HOLDINGS LP 4
4 · PLAINS GP HOLDINGS LP · Filed May 31, 2017
Insider Transaction Report
Form 4
vonBerg John
Sr. VP - Commercial Activities
Transactions
- Exercise/Conversion
Class A Shares representing limited partner interests
2017-05-31+344,451→ 1,629,957 total - Exercise/Conversion
Class A Units/Class B shares/GP Units
2017-05-31−344,451→ 0 totalExercise: $0.00→ Class A Shares (344,451 underlying)
Footnotes (1)
- [F1]Pursuant to the limited partnership agreement of Plains AAP, L.P. ("AAP"), a holder of Class A Units of AAP (the "Class A Units") and Class B shares (the "Class B shares") of Plains GP Holdings, L.P. (the "Issuer"), has the right at any time (without expiration) to exchange its Class A Units, together with a like number of associated Class B shares and GP Units in PAA GP Holdings LLC, for an equal number of Class A shares of the Issuer (the "Class A shares"). On 5/31/2017, the Reporting Person elected to exchange 344,451 Class A Units, Class B shares and GP Units for 344,451 Class A shares.