SEC Form 4 · accession 0001209191-18-008537
Energy Transfer Operating, L.P. · ETP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ray C Davis
Director
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 6:15 pm EST
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 | Feb 6, 2018 | A | 2,500 | $0.00 | A | 2,500 | D | |
| Common UnitsF2 | holding | — | — | — | 85,605 | I | By: RCD Stock Holdings, LLC | |
| Common UnitsF3 | holding | — | — | — | 458,595 | I | By: Avatar BW, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1An initial award of restricted Common Units granted under the terms of the Energy Transfer Partners, L.P. 2008 Second Amended and Restated Long-Term Incentive Plan to new Directors upon their appointment to the Board. The restricted Common Units will vest 60% on the third anniversary of the award and 40% on the fifth anniversary of the award generally contingent upon the reporting person's continued service on the Board on each applicable vesting date.
- F2The reported units are owned directly by RCD Stock Holdings, LLC, a limited liability company owned by Mr. Davis. Mr. Davis disclaims beneficial ownership of the reported units except to the extent of his pecuniary interest therein.
- F3The reported units are owned directly by Avatar BW, Ltd., a limited partnership that Mr. Davis holds an indirect interest in. Mr. Davis disclaims beneficial ownership of the reported units except to the extent of his pecuniary interest therein, if any.