SEC Form 4 · accession 0001209191-15-008255
NuStar Energy L.P. · NS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jorge A. del Alamo
Officer — SVP and Controller
Period of report
Jan 29, 2015
Accepted (ET)
Feb 2, 2015 · 4:31 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 | Jan 29, 2015 | A | 684 | $0.00 | A | 11,434 | D | |
| Common UnitsF2 | Jan 29, 2015 | F | 258 | $59.24 | D | 11,176 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 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%.
- F2"Common Units" reported are units not distributed to the reporting person in order to satisfy the reporting person's tax obligations.