SEC Form 4 · accession 0001104659-15-049953
NGL Energy Partners LP · NGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Herbers
Officer — Chief Accounting Officer
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 8:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001504461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units | Jul 1, 2015 | F | 3,560 | $30.55 | D | 38,289 | D | |
| Common Units | Jul 1, 2015 | A | 15,172 | $0.00 | A | 53,461 | D | |
| Common Units | Jul 1, 2015 | F | 6,444 | $30.55 | D | 47,017 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The units were withheld by the Issuer to satisfy the tax withholding upon vesting of restricted units. This is not an open market sale of securities.
- F2Settlement of non-derivative performance units granted under the Issuer's long term incentive plan and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d).
- F3The units withheld by the Issuer to satisfy the tax withholding requirements. This is not an open market sale of securities.