SEC Form 4 · accession 0001127602-16-045084
SunCoke Energy Partners, L.P. · SXCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sun Coal & Coke LLC
10% Owner
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555538
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF2,F3,F4 | Mar 2, 2016 | M | 15,709,697 | — | A | 25,415,696 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated UnitsF2,F3,F4,F5 | — | Mar 2, 2016 | M | 15,709,697 | D | — | — | Common Units | 15,709,697 | 0 | D |
Explanation of responses
- F1The transaction described herein is also exempt under Rule 16b-6(b) as the conversion of a derivative security, thus Transaction Code C is applicable.
- F215,709,697 shares of Subordinated Units representing limited partner interests ("Subordinated Units") converted into an equal number of Common Units on March 2, 2016, pursuant to the terms of the Issuer's First Amended and Restated Agreement of Limited Partnership, dated January 24, 2013, as amended.
- F3Not Applicable.
- F4Sun Coal & Coke LLC (reporting person) is the record and beneficial owner of the Common Units and Subordinated Units reported on this form. SunCoke Energy, Inc. holds 100% of the membership interests in Sun Coal & Coke LLC and thus may be deemed to beneficially own Sun Coal & Coke LLC's interest in the issuer, through its ability to control Sun Coal & Coke LLC. This Form 4 therefore comprises a joint filing by Sun Coal & Coke LLC and SunCoke Energy, Inc.
- F5The conversion rate is 1 for 1.