SEC Form 4 · accession 0001605194-17-000003
Tallgrass Energy Partners, LP · TEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary D. Watkins
Officer — VP & Chief Accounting Officer
Period of report
May 30, 2017
Accepted (ET)
May 31, 2017 · 4:35 pm EDT
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 | May 30, 2017 | F | 5,441 | $50.28 | D | 26,293 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F116,666 Equity Participation Units (the "EPUs") held by the Reporting Person vested on May 13, 2017. On May 30, 2017, pursuant to an election exercised by the Reporting Person, 5,441 EPUs were withheld to satisfy his tax withholding obligations related to the vesting of the EPUs. This is not an open market sale of securities.
- F2Includes 8,400 unvested EPUs granted to the Reporting Person, of which (i) 3,200 will vest on May 13, 2018, (ii) 3,200 will vest on May 13, 2019 and (iii) 2,000 will vest on November 1, 2019.