SEC Form 4 · accession 0001104659-18-014544
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
Feb 13, 2018
Accepted (ET)
Mar 2, 2018 · 6:31 pm EST
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 UnitsF1 | Feb 13, 2018 | F | 4,590 | $13.1775 | D | 179,093 | D | |
| Common UnitsF3 | holding | — | — | — | 122,016 | I | BY: OSTERMAN FAMILY FOUNDATION | |
| Common UnitsF3 | holding | — | — | — | 110,587 | I | BY: AO ENERGY, INC. | |
| Common UnitsF3,F4 | holding | — | — | — | 559,784 | I | BY: MILFORD PROPANE INC. | |
| Common UnitsF3,F5 | holding | — | — | — | 1,445,850 | I | BY: OSTERMAN PROPANE INC. | |
| Common UnitsF3 | holding | — | — | — | 394,350 | I | BY: E. OSTERMAN, INC. | |
| Common UnitsF3,F4 | holding | — | — | — | 301,700 | I | BY: E. OSTERMAN GAS SERVICES, INC. | |
| Common UnitsF3 | holding | — | — | — | 669,300 | I | BY: E. OSTERMAN PROPANE INC. | |
| Common UnitsF3 | holding | — | — | — | 36,450 | I | BY: PROPANE GAS, INC. THROUGH PROPANE GAS, LLC | |
| Common UnitsF3 | holding | — | — | — | 214,600 | I | BY: SAVEWAY PROPANE GAS SERVICES, INC. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Late filing due to administrative error of a third-party vendor.
- F2The 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.
- F3Vincent 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.
- F4Mr. Osterman holds no equity interest in this entity.
- F5These 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.