SEC Form 4 · accession 0001104659-16-095981
Transocean Partners LLC · RIGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Garry Taylor
Officer — CFO
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001607250
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Feb 9, 2016 | M | 4,714 | — | A | 4,714 | D | |
| Common Units | Feb 9, 2016 | F | 849 | $7.90 | D | 3,865 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1 | — | Feb 9, 2016 | M | 4,714 | D | — | — | Common Units | 4,714 | 0 | D |
Explanation of responses
- F1The Phantom Units, which are 1-for-1 common unit equivalents, were acquired on February 26, 2015, pursuant to the Issuer's long-term incentive plan. All Phantom Units vested on February 9, 2016 as a result of action taken by the Compensation Committee of the Board of Directors of the Issuer, resulting in delivery of common units to the reporting person.