SEC Form 4 · accession 0001209191-16-155833
BUCKEYE PARTNERS, L.P. · BPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick L Pelton
Officer — VP, Controller, and CAO
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 2:37 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 | 858 | — | A | 2,542 | D | |
| Limited Partner Units | Dec 15, 2016 | F | 236 | $63.51 | D | 2,306 | 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 | 429 | D | Dec 15, 2016 | Dec 15, 2016 | Limited Partner Units | 429 | 429 | D |
| Phantom UnitsF1 | — | Dec 15, 2016 | M | 429 | D | Dec 15, 2016 | Dec 15, 2016 | Limited Partner Units | 429 | 0 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one limited partner unit of Buckeye Partners, L.P.