SEC Form 4 · accession 0001209191-16-089326
Northern Tier Energy LP · NTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Lamp
Officer — President and CEO · Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 6:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001533454
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitF1,F2,F3 | Dec 31, 2015 | S | 60,739 | $25.6365 | D | 339,261 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale was made pursuant to a previous election made by the reporting person for the payment of income taxes required to be paid to the Internal Revenue Service as a result of the vesting of the equity award previously granted to the reporting person as compensation for services as an officer.
- F2$25.6365 is the weighted average sale price. The common units were sold in various transactions through a broker at prices between $25.5300 per unit and $25.7300 per unit.
- F3The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of common units sold at each separate price.