PEFANIS HARRY N 4
4 · PLAINS GP HOLDINGS LP · Filed Oct 21, 2020
Insider Transaction Report
Form 4
PEFANIS HARRY N
President & COO
Transactions
- Exercise/Conversion
Class A Units/Class B shares/GP units
2020-10-21−500,000→ 2,268,988 totalExercise: $0.00→ Class A Shares (500,000 underlying) - Exercise/Conversion
Class A Shares representing limited partner interests
2020-10-21+500,000→ 1,733,653 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 October 21, 2020, the Reporting Person exchanged 500,000 Class A Units, Class B shares and GP units for 500,000 Class A shares.