SEC Form 4 · accession 0001615619-18-000052
PLAINS ALL AMERICAN PIPELINE LP · PAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bobby S Shackouls
Director
Period of report
Aug 14, 2018
Accepted (ET)
Aug 16, 2018 · 7:02 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, 2018 | M | 3,750 | $0.00 | A | 3,750 | D | |
| Common Units | holding | — | — | — | 10,016 | I | By 2018 GRAT | |
| Common Units | holding | — | — | — | 10,017 | I | By Spouse's 2018 GRAT |
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 | — | Aug 14, 2018 | M | 3,750 | D | — | — | Common Units | 3,750 | 11,250 | 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.
- F3Upon termination of service as director, other than because of death or disability.