SEC Form 4 · accession 0001209191-17-008274
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
Feb 5, 2017
Accepted (ET)
Feb 7, 2017 · 4:02 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 | Feb 5, 2017 | M | 2,476 | — | A | 32,453 | D | |
| Limited Partner Units | Feb 5, 2017 | F | 1,099 | $71.01 | D | 31,354 | 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 5, 2017 | M | 2,476 | D | Feb 5, 2017 | Feb 5, 2017 | Limited Partner Units | 2,476 | 0 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one limited partner unit of Buckeye Partners, L.P.