ARMSTRONG GREG L 4
4 · PLAINS GP HOLDINGS LP · Filed Dec 27, 2019
Insider Transaction Report
Form 4
ARMSTRONG GREG L
DirectorChairman of the Board & CEO
Transactions
- Exercise/Conversion
Class A Shares
2019-12-24+115,000→ 1,675,625 total - Exercise/Conversion
Class A Units/Class B shares/GP Units
2019-12-24−115,000→ 4,492,268 totalExercise: $0.00→ Class A Shares (115,000 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"). Effective 12/24/2019, the Reporting Person exchanged 115,000 Class A Units, Class B shares and GP Units for 115,000 Class A shares.