SEC Form 4 · accession 0001615619-15-000024
PLAINS ALL AMERICAN PIPELINE LP · PAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Herbold
Officer — VP-Acctg & Chief Acctg Officer
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 3:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070423
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units | May 15, 2015 | M | 6,667 | $0.00 | A | 30,723 | D | |
| Common Units | May 15, 2015 | F | 1,823 | $48.49 | D | 28,900 | D | |
| Common Units | May 15, 2015 | M | 12,000 | $0.00 | A | 40,900 | D | |
| Common Units | May 15, 2015 | F | 4,149 | $48.49 | D | 36,751 | D | |
| Common UnitsF1 | May 19, 2015 | S | 12,695 | $49.5097 | D | 24,056 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF2,F3 | — | May 15, 2015 | M | 6,667 | D | May 15, 2015 | — | Common Units | 6,667 | 0 | D |
| Phantom UnitsF2,F3 | — | May 15, 2015 | M | 12,000 | D | May 15, 2015 | — | Common Units | 12,000 | 0 | D |
Explanation of responses
- F1The price in column 4 is a weighted average price. The units were sold in multiple transactions at prices ranging from $49.50 to $49.5525. Reporting Person undertakes to provide to the SEC staff, the Issuer or any unitholder of the Issuer, upon request, full information regarding the number of units sold at each separate price.
- F21-for-1 Common Units for Phantom Units granted under long-term incentive plan.
- F3N/A