SEC Form 4 · accession 0001209191-17-048644
Crestwood Equity Partners LP · CEQP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel Christian Lambert
Officer — SVP - General Counsel
Period of report
Aug 10, 2017
Accepted (ET)
Aug 11, 2017 · 5:36 pm EDT
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,F2,F3 | Aug 10, 2017 | S | 6,927 | $25.47 | D | 70,528 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF4,F5 | — | holding | — | — | — | — | — | Common Units | 15,493 | 15,483 | D |
Explanation of responses
- F1Upon request, full information about the subject transaction will be provided to the SEC.
- F2The prices for this transaction range from $25.10 to $25.50.
- F3Includes restricted units granted under the Crestwood Equity Partners LP Long Term Incentive Plan, as amended.
- F4Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP.
- F5The 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.