SEC Form 4 · accession 0001351541-16-000321
Delek Logistics Partners, LP · DKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
LION OIL CO
10% Owner
Delek US Holdings, Inc.
10% Owner
Delek Logistics GP, LLC
10% Owner
Delek Marketing & Supply, LLC
10% Owner
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001552797
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interestsF2,F3,F4,F5 | Nov 11, 2016 | P | 9,635 | $22.947 | A | 14,808,151 | D | |
| Common Units representing limited partner interestsF6,F3,F4,F5 | Nov 11, 2016 | P | 2,161 | $23.2523 | A | 14,810,312 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The purchases reported in this Form 4 were effected pursuant to a Rule 10b-18 agreement entered into by Delek Marketing & Supply, LLC ("Delek Marketing") on November 9, 2016.
- F2The price reflects the weighted average purchase price of multiple transactions ranging from a low purchase price of $22.25 per unit to a high purchase price of $23.10 per common unit. Upon the written request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person agrees to provide the number of units sold at each sale price.
- F3This Form 4 is being filed jointly by Delek US Holdings, Inc. ("Delek US"), Lion Oil Company ("Lion Oil"), Delek Marketing and Delek Logistics GP, LLC ("Delek GP"). Lion Oil and Delek Marketing are wholly owned subsidiaries of Delek US. Lion Oil and Delek Marketing respectively own 12,611,465 and 2,198,847 common units representing limited partner interests in Delek Logistics Partners, LP (the "Issuer").
- F4Delek US directly owns 100% of the outstanding ownership interests of Delek Marketing. Delek US may therefore be deemed to beneficially own securities of the Issuer owned directly by Delek Marketing.
- F5Delek GP owns approximately 496,054 general partner units, representing its 2.0% general partner interest in the Issuer, as well as its incentive distribution rights.
- F6The price reflects the weighted average purchase price of multiple transactions ranging from a low purchase price of $23.25 per unit to a high purchase price of $23.30 per common unit. Upon the written request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person agrees to provide the number of units sold at each sale price.