SEC Form 4 · accession 0001209191-16-097977
BUCKEYE PARTNERS, L.P. · BPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick L Pelton
Officer — Vice President and Controller
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 3:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000805022
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Limited Partner Units | Feb 10, 2016 | A | 1,476 | $0.00 | A | 4,193 | D | |
| Limited Partner Units | Feb 10, 2016 | F | 419 | $51.89 | D | 3,774 | 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 10, 2016 | A | 2,650 | A | Feb 10, 2019 | Feb 10, 2019 | Limited Partner Units | 2,650 | 2,650 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one limited partner unit of Buckeye Partners, L.P.