SEC Form 4 · accession 0001209191-15-062644
Energy Transfer Operating, L.P. · ETP
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
Kurt A Lauterbach
Officer — Sr VP Lease Acquisitions
Period of report
Jul 24, 2015
Accepted (ET)
Jul 28, 2015 · 3:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001161154
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Jul 24, 2015 | M | 58,520 | — | A | 156,404 | D | |
| Common Units | Jul 24, 2015 | F | 24,550 | $35.70 | D | 131,854 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted UnitsF1,F2 | — | Jul 24, 2015 | M | 58,520 | D | — | — | Common Units | 58,520 | 32,478 | D |
Explanation of responses
- F1Each Restricted Unit represents a contingent right to receive one Common Unit of SXL.
- F2On July 24, 2012, the reporting person was granted 29,260 Restricted Units pursuant to the Sunoco Partners LLC ("Company") Long-Term Incentive Plan, as later amended and restated, vesting on the third anniversary of the grant date contingent only upon the continued employment of the reporting person with the Company through the end of the vesting cycle. The reporting person's ownership of 29,260 additional Restricted Units resulted from a 2-for-1 split of Sunoco Logistics Partners L.P. units on June 12, 2014.