SEC Form 4 · accession 0001104659-16-102256
Transocean Partners LLC · RIGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen S McAllister
Officer — President, CEO and CFO · Director
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 4:15 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 | Mar 1, 2016 | M | 6,486 | $0.00 | A | 6,486 | D | |
| Common UnitsF2 | Mar 1, 2016 | F | 2,149 | $8.32 | D | 4,337 | 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 | $0.00 | Mar 1, 2016 | M | 6,486 | A | Mar 1, 2016 | — | Common Units | 6,486 | 12,973 | D |
Explanation of responses
- F1The phantom units were acquired on February 26, 2015, pursuant to the Issuer's long-term incentive plan. One-third of such phantom units vested on March 1, 2016, resulting in delivery of common units to the reporting person.
- F2Common units automatically withheld upon vesting to satisfy tax withholding obligations.