SEC Form 4 · accession 0001179110-16-024087
Transocean Partners LLC · RIGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael David Lynch-Bell
Director
Period of report
May 5, 2016
Accepted (ET)
May 6, 2016 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001607250
Table I — non-derivative securities
No Table I lines on this filing.
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 | May 5, 2016 | A | 6,455 | A | May 5, 2017 | — | Common Units | 6,455 | 6,455 | D |
Explanation of responses
- F1Phantom Units, which are 1-for-1 common unit equivalents, acquired on May 5, 2016, pursuant to the Issuer's long-term incentive plan. The phantom units vest at the earlier of (i) May 5, 2017 or (ii) the next regular annual meeting of the Issuer's unitholders following the May 5, 2016 grant date.