SEC Form 4 · accession 0001209191-16-150357
MPLX LP · MPLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randy S Nickerson
Officer — Exec VP and CCO
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 9:02 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001552000
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests)F2 | Nov 15, 2016 | S | 15,000 | $33.0652 | D | 223,585 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2016.
- F2The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $33.00 to $33.13, inclusive. The Reporting Person undertakes to provide to MPLX LP, any security holder of MPLX LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units sold at each separate price within the range set forth in footnote (2) to this Form 4.
Remarks
The Reporting Person is the Executive Vice President and Chief Commercial Officer - MarkWest Assets of MPLX GP LLC, the general partner of the Issuer. The Issuer is managed by the directors and executive officers of MPLX GP LLC.