SEC Form 4 · accession 0001209191-15-052016
Energy Transfer LP · ET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jamie Welch
Officer — Group Chief Financial Officer · Director
Period of report
Jun 8, 2015
Accepted (ET)
Jun 10, 2015 · 6:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001276187
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F2 | — | Jun 8, 2015 | A | 9,364 | A | — | — | Common Units | 9,364 | 9,364 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one common unit representing a limited partner interest in Energy Transfer Equity, L.P. and represents the right to receive the cash value thereof pursuant to the terms of the Energy Transfer Partners GP, L.P. Nonqualified Deferred Compensation Plan (the "DC Plan").
- F2The allocation of phantom units is settled in cash following the termination of the reporting person's employment pursuant to the terms of the DC Plan. The reporting person may transfer all or a portion of his phantom unit allocation into an alternative investment account at designated times pursuant to the terms of the DC Plan.