SEC Form 5 · accession 0001575556-16-000008
Tallgrass Energy Partners, LP · TEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Bullock
Officer — See Remarks
Period of report
Dec 31, 2015
Accepted (ET)
Jan 25, 2016 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001569134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interestsF1,F2 | Nov 13, 2015 | L | 65 | $43.09 | A | 34,693 | D | |
| Common Units representing limited partner interestsF1,F2 | Aug 14, 2015 | L | 76 | $47.41 | A | 34,693 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Common Units representing limited partner interests that were acquired as reported herein were purchased as a result of an automatic dividend reinvestment feature contained in the Reporting Person's brokerage account.
- F2Includes 23,633 unvested Equity Participation Units ("EPUs") that were granted to the Reporting Person, of which (i) 18,333 will vest on May 13, 2017, (ii) 2,650 will vest on the later to occur of the first date on which the Issuer has paid a regular quarterly distribution of at least $0.6875 on each outstanding common unit for any full quarter ending on or after August 1, 2015 (the "Distribution Achievement Date") or May 13, 2018, and (iii) 2,650 will vest on the later to occur of the Distribution Achievement Date or May 13, 2019. If the Issuer has not distributed at least $0.6875 on each outstanding common unit for any full quarter ending on or before May 13, 2020, the 5,300 unvested EPUs referenced in items (ii) and (iii) of this Footnote 2 will expire and no vesting will occur.
Remarks
VP, Human Resources, Tax and Risk Management