0001127602-11-016683.txt : 20110517
0001127602-11-016683.hdr.sgml : 20110517
20110517185304
ACCESSION NUMBER: 0001127602-11-016683
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110515
FILED AS OF DATE: 20110517
DATE AS OF CHANGE: 20110517
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOODPASTURE JOHN N
CENTRAL INDEX KEY: 0001235277
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32329
FILM NUMBER: 11852941
MAIL ADDRESS:
STREET 1: 801 TRAVIS STREET
STREET 2: SUITE 2100
CITY: HOUSTON
STATE: TX
ZIP: 77002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Copano Energy, L.L.C.
CENTRAL INDEX KEY: 0001297067
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 510411678
FISCAL YEAR END: 0721
BUSINESS ADDRESS:
STREET 1: 2727 ALLEN PARKWAY, SUITE 1200
CITY: HOUSTON
STATE: TX
ZIP: 77019
BUSINESS PHONE: 713-621-9547
MAIL ADDRESS:
STREET 1: 2727 ALLEN PARKWAY, SUITE 1200
CITY: HOUSTON
STATE: TX
ZIP: 77019
FORMER COMPANY:
FORMER CONFORMED NAME: Copano Energy Holdings, L.L.C.
DATE OF NAME CHANGE: 20040713
4
1
form4.xml
PRIMARY DOCUMENT
X0303
4
2011-05-15
0001297067
Copano Energy, L.L.C.
CPNO
0001235277
GOODPASTURE JOHN N
801 TRAVIS STREET
SUITE 2100
HOUSTON
TX
77002
1
SVP, Corporate Development
Common Units
2011-05-15
4
M
0
1167
A
2160
D
Common Units
2011-05-15
4
F
0
308
32.34
D
1852
D
Phantom Units
2011-05-15
4
M
0
1167
D
Common Units
1167
2333
D
Phantom Units
2011-05-17
4
A
0
4230
0
A
Common Units
4230
4230
D
Phantom Units
2011-05-17
4
A
0
4230
0
A
2014-05-15
Common Units
4230
4230
D
Each phantom unit is the economic equivalent of one common unit. Phantom units are settled in common units on the date of vesting.
These common units were withheld to cover taxes payable upon vesting of phantom units reported in Table II.
Closing price for the issuer's common units on the last trading day before the vesting date.
Phantom units vest in three equal annual installments commencing May 15. 2011.
Phantom units vest in three equal annual installments commencing May 15, 2012.
Each performance unit is the economic equivalent of one common unit. Performance units that vest are settled in common units on the date of vesting.
Performance units will cliff vest on May 15, 2014, provided that the performance goal, which is declaration of a specified annualized distribution per common unit, is met at any time during the vesting period. The number of performance units to vest can range from 50% to 200% of the award depending on the level of achievement of the performance goal. Performance units that do not vest will be forfeited.
/s/ Angela S. Teer, attorney-in-fact
2011-05-17