SEC Form 4 · accession 0001615619-17-000055
PLAINS ALL AMERICAN PIPELINE LP · PAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John vonBerg
Officer — EVP - Commercial Activities
Period of report
Jul 5, 2017
Accepted (ET)
Jul 6, 2017 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070423
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F2,F3 | — | Jul 5, 2017 | A | 35,000 | A | — | — | Common Units | 35,000 | 35,000 | D |
Explanation of responses
- F1Grant of Phantom Units under Long-Term Incentive Plan (includes associated distribution equivalent rights (payable in cash)).
- F2One common unit is deliverable, upon vesting, for each Phantom Unit that vests.
- F3The Phantom Units will vest on the May 2019 distribution date.