SEC Form 4 · accession 0001357371-16-000266
Breitburn Energy Partners LP · BBEPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Talbot
Director
Period of report
Jan 1, 2016
Accepted (ET)
Jan 20, 2016 · 5:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357371
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Perpetual Convertible Preferred UnitsF1,F2 | $7.50 | Jan 1, 2016 | J | 35,000,000 | D | — | — | Common Units | 35,000,000 | 0 | I |
Explanation of responses
- F1Effective January 1, 2016, Mr. Talbot ceased to have an equity ownership in EIG Global Energy Partners, LLC, the ultimate indirect parent of the general partners of certain funds that hold the Series B Units, and therefore does not have any beneficial ownership (deemed or otherwise) in the Series B Units.
- F2The Series B Units are convertible at any time on or after April 15, 2018 and have no expiration date.