0001140361-12-000774.txt : 20120104 0001140361-12-000774.hdr.sgml : 20120104 20120104153253 ACCESSION NUMBER: 0001140361-12-000774 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120104 DATE AS OF CHANGE: 20120104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JENKINS-STARK JACK CENTRAL INDEX KEY: 0001208353 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35358 FILM NUMBER: 12505875 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TC PIPELINES LP CENTRAL INDEX KEY: 0001075607 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 522135448 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 717 TEXAS STREET, SUITE #2400 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: (877) 290-2772 MAIL ADDRESS: STREET 1: 717 TEXAS STREET, SUITE #2400 CITY: HOUSTON STATE: TX ZIP: 77002 4 1 doc1.xml FORM 4 X0304 4 2011-12-31 0 0001075607 TC PIPELINES LP TCP 0001208353 JENKINS-STARK JACK 717 TEXAS STREET, SUITE #2400 HOUSTON TX 77002 1 0 0 0 Deferred Share Units 2011-12-31 4 A 0 68 47.43 A Common units representing limited p/ship interests 68 7602 D Upon termination of service as a director, Deferred Share Units ("DSUs") recorded in the reporting person's account will be settled, at the reporting person's election, in common units representing a limited partnership interest in TC PipeLines, LP ("Common Units") at no additional cost on a 1 for 1 basis or in cash of equivalent value, less applicable withholdings. The DSUs are immediately fully vested and are redeemable only following Mr. Jenkins-Stark's termination of Board service. Mr. Jenkins-Stark elected to have a portion (25%) of his annual retainer and attendance fees paid on a quarterly basis in the form of DSUs in lieu of cash. The number of DSUs is calculated based on the Fair Market Value of the Common Units on the last trading day of the quarterly payment period. /s/ Avery C. Smith, Attorney for Jack Jenkins-Stark 2012-01-04