SEC Form 4 · accession 0001673895-16-000002
Tallgrass Energy, LP · TGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Curtis Koutelas
Director
Period of report
May 11, 2016
Accepted (ET)
May 12, 2016 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001633651
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A SharesF1 | May 11, 2016 | A | 10,000 | $0.00 | A | 10,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 10,000 unvested Equity Participation Shares ("EPSs") granted to the Reporting Person, of which (i) 1/3 vest on the later to occur of the first date on which the issuer has paid a regular quarterly distribution of at least $0.35 on each outstanding Class A Share for any full quarter ending on or after May 11, 2016 (the "Distribution Achievement Date") or May 1, 2017, (ii) 1/3 vest on the later to occur of the Distribution Achievement Date or May 1, 2018, and (iii) 1/3 vest on the later to occur of the Distribution Achievement Date or May 1, 2019. If the Distribution Achievement Date has not occurred by May 12, 2020, the EPSs will expire and terminate and no vesting will occur.