SEC Form 4 · accession 0001209191-15-008242
NuStar Energy L.P. · NS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen M. Thompson
Officer — SVP & GC-Lit, Reg & Environ
Period of report
Nov 6, 2014
Accepted (ET)
Feb 2, 2015 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001110805
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1,F2 | Nov 6, 2014 | F | 80 | $60.10 | D | 11,322 | D | |
| Common UnitsF3 | Jan 29, 2015 | A | 714 | $0.00 | A | 12,036 | D | |
| Common UnitsF1 | Jan 29, 2015 | F | 305 | $59.24 | D | 11,731 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1"Common Units" reported are units not distributed to the reporting person in order to satisfy the reporting person's tax obligations.
- F2The amount of securities reported in Column 5 includes 58 units that were inadvertently underreported in previous filings.
- F3On January 29, 2015, the Compensation Committee of the Board of Directors of NuStar GP, LLC, the general partner of the Issuer's general partner, determined that the Issuer achieved a distribution coverage ratio of 1:1 for 2014 and, in accordance with the award terms, the performance units available to vest for the 2014 awards vested at 100%.