SEC Form 4 · accession 0001392091-16-000117
Blueknight Energy Partners, L.P. · BKEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Duke R Ligon
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 3:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392091
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1 | May 23, 2016 | C | 4,455 | $0.00 | A | 43,543 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred UnitsF1,F2 | — | May 19, 2016 | C | 4,455 | D | Sep 29, 2011 | — | Common units representing limited partner interests | 4,455 | 0 | D |
Explanation of responses
- F1The reporting person converted 4,455 Series A Preferred Units on May 19, 2016 on a one-for-one basis, resulting in his acquisition of 4,455 common units on May 23, 2016. The Series A Preferred units were convertible into common units at any time on a one-to-one basis and had no expiration date.
- F2Not applicable.
Remarks
Mr. Ligon is a director of Blueknight Energy Partners G.P., L.L.C., the general partner of Blueknight Energy Partners, L.P.