SEC Form 4 · accession 0001209191-16-155830
BUCKEYE PARTNERS, L.P. · BPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Esselman
Officer — SVP, Global Human Resources
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 2:34 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 UnitsF1 | Dec 15, 2016 | M | 3,676 | — | A | 31,521 | D | |
| Limited Partner Units | Dec 15, 2016 | F | 1,544 | $63.51 | D | 29,977 | 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 | — | Dec 15, 2016 | M | 1,838 | D | Dec 15, 2016 | Dec 15, 2016 | Limited Partner Units | 1,838 | 1,838 | D |
| Phantom UnitsF1 | — | Dec 15, 2016 | M | 1,838 | D | Dec 15, 2016 | Dec 15, 2016 | Limited Partner Units | 1,838 | 0 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one limited partner unit of Buckeye Partners, L.P.