SEC Form 4 · accession 0001209191-18-050352
Energy Transfer Operating, L.P. · ETP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelcy L Warren
Officer — Chief Executive Officer · Director
Period of report
Sep 7, 2018
Accepted (ET)
Sep 10, 2018 · 6:26 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,F2 | Sep 7, 2018 | P | 366,446 | $22.105 | A | 2,653,888 | D | |
| Common UnitsF3 | Sep 10, 2018 | P | 1,633,554 | $22.496 | A | 4,287,442 | D | |
| Common UnitsF4 | holding | — | — | — | 27,535,127 | I | By: Energy Transfer Equity, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from 22.05 to 22.15, inclusive. The reporting person undertakes to provide to ETP, any security holder of ETP, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within this range.
- F2The total amount of securities beneficially owned include 255,796 common units acquired under the ETP distribution reinvestment plan.
- F3The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from 22.22 to 22.65, inclusive. The reporting person undertakes to provide to ETP, any security holder of ETP, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within this range.
- F4The reporting person is Chairman of the Board of LE GP, LLC (the "General Partner"), which is the general partner of Energy Transfer Equity, L.P. and he holds an 81.2% membership interest in the General Partner. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any.