SEC Form 4 · accession 0001357371-16-000366
Breitburn Energy Partners LP · BBEPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall Hart Breitenbach
Director
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 6:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357371
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1,F2,F3 | May 31, 2016 | S | 610,840 | $0.0807 | D | 61,165 | D | |
| Common UnitsF1,F3,F4 | holding | — | — | — | 0 | I | The Strand Energy Company |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Common Units representing limited partner interests ("common units").
- F2This transaction was executed in multiple trades at prices ranging from $0.08 to $0.081, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of common units and prices at which the transactions were effected.
- F3On March 21, 2016, The Strand Energy Company ("TSEC") distributed 178,757 units of Breitburn Energy Partners LP to Mr. Breitenbach. These units represent his 26% owernship share of the units previously held by TSEC.
- F4On March 21, 2016, The Strand Energy Company distributed all of its units of Breitburn Energy Partners LP to its owners.