0001209191-16-118534.txt : 20160509
0001209191-16-118534.hdr.sgml : 20160509
20160509173549
ACCESSION NUMBER: 0001209191-16-118534
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160506
FILED AS OF DATE: 20160509
DATE AS OF CHANGE: 20160509
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Crestwood Equity Partners LP
CENTRAL INDEX KEY: 0001136352
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-NONSTORE RETAILERS [5960]
IRS NUMBER: 431918951
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 700 LOUISIANA ST.
STREET 2: SUITE 2550
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 832-519-2200
MAIL ADDRESS:
STREET 1: 700 LOUISIANA ST.
STREET 2: SUITE 2550
CITY: HOUSTON
STATE: TX
ZIP: 77002
FORMER COMPANY:
FORMER CONFORMED NAME: INERGY L P
DATE OF NAME CHANGE: 20010307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dougherty Steven Michael
CENTRAL INDEX KEY: 0001551258
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34664
FILM NUMBER: 161632921
MAIL ADDRESS:
STREET 1: 717 TEXAS AVENUE SUITE 3150
CITY: HOUSTON
STATE: TX
ZIP: 77002
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-05-06
0
0001136352
Crestwood Equity Partners LP
CEQP
0001551258
Dougherty Steven Michael
700 LOUISIANA STREET
SUITE 2550
HOUSTON
TX
77002
0
1
0
0
SVP - Chief Accounting Officer
Common Units
55284
D
Phantom Units
2016-05-06
4
A
0
459.2325
0.00
A
Common Units
459.2325
13616.2451
D
Includes restricted units granted under the Crestwood Equity Partners LP Long Term Incentive Plan, as amended.
Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP.
Represents additional Phantom Units received by the Reporting Person pursuant to the terms of previously granted Distribution Equivalent Rights. Each Distribution Equivalent Right entitles the Reporting Person to additional Phantom Units with a value equal to the amount of distributions paid on each of CEQP's common units. On May 13, 2016, CEQP will pay a quarterly cash distribution to holders of its common units in an amount equal to $0.60 per common unit. Pursuant to the terms of the Distribution Equivalent Rights, the Reporting Person receives a number of additional Phantom Units in respect of each Distribution Equivalent Right with a value (based on the closing price of CEQP's common units on the record date ($17.19) equal to the per unit amount of the distribution.
The forfeiture restrictions on the phantom units shall lapse, and the phantom units shall vest and convert to an equal number of common units on the third (3rd) anniversary of the grant date.
/s/ Judy Riddle, attorney-in-fact for Steven M. Dougherty
2016-05-09