SEC Form 4/A · accession 0001209191-15-085691
Energy Transfer Operating, L.P. · ETP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael W Slough
Officer — VP, Engr. Constr & Prcmt
Period of report
Dec 4, 2015
Accepted (ET)
Dec 17, 2015 · 12:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001161154
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted UnitsF2,F4,F1,F3 | — | Dec 4, 2015 | A | 14,010 | A | — | — | Common Units | 14,010 | 44,999 | D |
| Restricted UnitsF4,F1,F5 | — | Dec 5, 2015 | M | 3,586 | D | — | — | Common Units | 3,586 | 41,413 | D |
Explanation of responses
- F1Each Restricted Unit represents a contingent right to receive one Common Unit of SXL.
- F2This is a grant of Restricted Units awarded pursuant to the Sunoco Partners LLC ("Company") Long-Term Incentive Plan ("LTIP") in a transaction exempt under Rule 16b-3. The LTIP Restricted Units vest 60% on the December 5th following the third anniversary of the grant date and 40% on the December 5th following the fifth anniversary of the grant date, contingent only upon the continued employment of the reporting person with the Company at the time of vesting.
- F3The LTIP Restricted Units vest 60% on the December 5th following the third anniversary of the grant date and 40% on the December 5th following the fifth anniversary of the grant date, contingent only upon the continued employment of the reporting person with the Company at the time of vesting.
- F4The reporting person is amending the Form 4 originally filed on 12/08/2015 to correct the number of derivative securities beneficially owned following the reported transaction that was previously reported incorrectly.
- F5Not applicable.