SEC Form 4 · accession 0001678693-18-000002
Tallgrass Energy Partners, LP · TEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher R. Jones
Officer — See Remarks
Period of report
Feb 14, 2018
Accepted (ET)
Feb 15, 2018 · 6:41 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 | Feb 14, 2018 | A | 6,700 | $0.00 | A | 125,115 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 6,700 unvested Equity Participation Units ("EPUs") granted to the Reporting Person which vest on January 1, 2020.
- F2Includes 104,500 unvested EPUs granted to the Reporting Person, of which (i) 2,900 will vest on May 13, 2018, (ii) 2,900 will vest on May 13, 2019, (iii) 2,000 will vest on November 1, 2019, (iv) 90,000 will vest on the earliest date on or after April 1, 2021, on which the average compounded annual distribution growth rate for regular quarterly Issuer distributions, based upon the regular quarterly distribution paid by the Issuer on, or immediately prior to, such date is at least 5% over an annualized distribution rate of $3.34 per common unit, as determined by the board of directors of the general partner of the Issuer, and (v) 6,700 will vest in accordance with the terms described in footnote 1.
Remarks
Executive Vice President, General Counsel and Secretary