SEC Form 4 · accession 0001209191-15-064817

Sunoco LP · SUN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner · Other

Period of report

Jul 31, 2015

Accepted (ET)

Aug 10, 2015 · 12:43 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001552275

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Units^F1	Jul 31, 2015	J	79,308	—	D	0	I	See Footnote
Class A Units^F1	Jul 31, 2015	J	11,018,744	—	A	11,018,744	I	See Footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Subordinated Units^F1,F2	—	Jul 31, 2015	J	10,939,436	D	—	—	Common Units	10,939,436	0	I

F1On July 31, 2015, pursuant to the terms of the Contribution Agreement dated as of July 14, 2015, Stripes LLC and Stripes No. 1009 LLC (collectively, the "Stripes Entities"), wholly owned subsidiaries of Susser Holdings Corporation ("SHC"), (i) exchanged their aggregate 79,308 Common Units for 79,308 Class A Units and (ii) converted their aggregate 10,939,436 Subordinated Units into 10,939,436 Class A Units. SHC may be deemed to share beneficial ownership of the Stripes Entities' interest in the Issuer through SHC's ability to control the Stripes Entities.
F2Prior to this transaction, the Subordinated Units would have converted into Common Units on a one-for-one basis at the end of the Subordination Period as described in the Issuer's Registration Statement on Form S-1 (File No. 333-182276).