0001209191-16-118538.txt : 20160509 0001209191-16-118538.hdr.sgml : 20160509 20160509173739 ACCESSION NUMBER: 0001209191-16-118538 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: Lambert Joel Christian CENTRAL INDEX KEY: 0001503168 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34664 FILM NUMBER: 161632935 MAIL ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 6000 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 0001503168 Lambert Joel Christian 700 LOUISIANA STREET SUITE 2550 HOUSTON TX 77002 0 1 0 0 SVP - General Counsel Common Units 51813 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 Joel C. Lambert 2016-05-09