PEFANIS HARRY N 4
4 · PLAINS GP HOLDINGS LP · Filed Sep 2, 2020
Insider Transaction Report
Form 4
PEFANIS HARRY N
President & COO
Transactions
- Exercise/Conversion
Class A Units/Class B shares/GP units
2020-09-01−1,000,000→ 2,768,988 totalExercise: $0.00→ Class A Shares (1,000,000 underlying) - Exercise/Conversion
Class A Shares representing limited partner interests
2020-09-01+1,000,000→ 1,233,653 total
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, if applicable, for an equal number of Class A shares of the Issuer (the "Class A shares"). On September 1, 2020, the Reporting Person exchanged 1,000,000 Class A Units and Class B shares for 1,000,000 Class A shares.