SEC Form 4 · accession 0001209191-15-005611
Crestwood Equity Partners LP · CEQP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Joel D Moxley
Officer — SVP - Operations Services
Period of report
Jan 16, 2015
Accepted (ET)
Jan 21, 2015 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001136352
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Jan 16, 2015 | A | 25,634 | $0.00 | A | 43,200 | D | |
| Common Units | Jan 17, 2015 | F | 3,187 | $6.71 | D | 40,013 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF2,F3 | — | Jan 16, 2015 | A | 46,429 | D | — | — | Common Units | 46,429 | 46,429 | D |
Explanation of responses
- F1Restricted units granted under the Crestwood Equity Partners LP Long Term Incentive Plan, as amended. The restricted units vest at the rate of 33.33% on each anniversary of the grant date.
- F2Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP.
- F3The forfeiture restrictions on the phantom units shall lapse, and the phantom units shall vest and convert to an equal number of common units on the third (3rd) anniversary of the grant date.