SEC Form 4 · accession 0000899243-17-011454
Energy Transfer, LP · ETP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Grimm
Director
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001012569
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON UNITSF1 | Apr 28, 2017 | D | 32,742 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposition in connection with the merger of a wholly owned subsidiary of Sunoco Logistics Partners L.P. ("SXL") with Energy Transfer Partners, L.P. ("ETP"), with ETP continuing as the surviving entity and becoming a wholly owned subsidiary of SXL (the "Merger"). On April 27, 2017, the last trading day for the ETP common units, the closing price of the ETP common units was $35.93 per unit and the closing price of SXL's common units was $24.03 per unit. Each ETP common unit outstanding and each ETP restricted cash unit outstanding was converted into the right to receive 1.5 SXL common units and 1.5 restricted cash units relating to SXL Common Units.