SEC Form 4 · accession 0001104659-15-057289
NGL Energy Partners LP · NGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent J Osterman
Officer — President, Eastern Retail OP · Director
Period of report
Aug 5, 2015
Accepted (ET)
Aug 6, 2015 · 5:42 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 | Aug 5, 2015 | F | 4,710 | $25.885 | D | 88,263 | D | |
| Common UnitsF2 | holding | — | — | — | 122,016 | I | BY: OSTERMAN FAMILY FOUNDATION | |
| Common UnitsF2 | holding | — | — | — | 110,587 | I | BY: AO ENERGY, INC. | |
| Common UnitsF2,F3 | holding | — | — | — | 559,784 | I | BY: MILFORD PROPANE INC. | |
| Common UnitsF2,F4 | holding | — | — | — | 1,445,850 | I | BY: OSTERMAN PROPANE INC. | |
| Common UnitsF2 | holding | — | — | — | 394,350 | I | BY: E. OSTERMAN, INC. | |
| Common UnitsF2,F3 | holding | — | — | — | 301,700 | I | BY: E. OSTERMAN GAS SERVICES, INC. | |
| Common UnitsF2 | holding | — | — | — | 669,300 | I | BY: E. OSTERMAN PROPANE INC. | |
| Common UnitsF2 | holding | — | — | — | 36,450 | I | BY: PROPANE GAS, INC. THROUGH PROPANE GAS, LLC | |
| Common UnitsF2 | holding | — | — | — | 214,600 | I | BY: SAVEWAY PROPANE GAS SERVICES, INC. |
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.
- F2Vincent J. Osterman may be deemed to have shared voting or investment power over these securities. Mr. Osterman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.
- F3Mr. Osterman holds no equity interest in this entity.
- F4These securities are held directly by Osterman Propane, Inc. Osterman Propane, Inc. disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.