SEC Form 4 · accession 0001615619-17-000073
PLAINS ALL AMERICAN PIPELINE LP · PAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert V Sinnott
Director
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 5:46 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 | Aug 14, 2017 | M | 2,500 | $0.00 | A | 189,757 | I | By Family Trust |
| Common Units | holding | — | — | — | 50,856 | D | ||
| Common Units | holding | — | — | — | 54,140 | I | By GRAT | |
| Common Units | holding | — | — | — | 54,140 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Units under Long Term Incentive PlanF1,F2,F3 | — | Aug 14, 2017 | M | 2,500 | D | — | — | Common Units | 2,500 | 7,500 | D |
| Phantom Units under Long Term Incentive PlanF1,F2,F3 | — | Aug 14, 2017 | A | 2,500 | A | — | — | Common Units | 2,500 | 10,000 | D |
Explanation of responses
- F1One Common Unit is deliverable, upon vesting, for each Phantom Unit that vests.
- F2Phantom Units vest annually on August distribution date, with automatic re-grant of equivalent amount.
- F3Upon termination of service as director, other than because of death, disability or retirement.