SEC Form 4 · accession 0001144204-16-103435
World Point Terminals, LP · WPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Louis Graziadio III
Director · Other
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 5:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574963
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests)F1 | May 16, 2016 | S | 2,800 | $15.0477 | D | 10,000 | D | |
| Common Units (Limited Partner Interests)F2 | May 17, 2016 | S | 5,600 | $15.3536 | D | 0 | I | By Minor Children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.95 to $15.09, inclusive. The reporting person undertakes to provide World Point Terminals, LP, any security holder in World Point Terminals, LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.10 to $15.56, inclusive. The reporting person undertakes to provide World Point Terminals, LP, any security holder in World Point Terminals, LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
Remarks
The Reporting Person is a director of WPT GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.