0001209191-16-115130.txt : 20160421
0001209191-16-115130.hdr.sgml : 20160421
20160421142426
ACCESSION NUMBER: 0001209191-16-115130
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160419
FILED AS OF DATE: 20160421
DATE AS OF CHANGE: 20160421
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Energy Transfer Equity, L.P.
CENTRAL INDEX KEY: 0001276187
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 300108820
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3738 OAK LAWN AVENUE
CITY: DALLAS
STATE: TX
ZIP: 75219
BUSINESS PHONE: 2149810700
MAIL ADDRESS:
STREET 1: 3738 OAK LAWN AVENUE
CITY: DALLAS
STATE: TX
ZIP: 75219
FORMER COMPANY:
FORMER CONFORMED NAME: LAGRANGE ENERGY LP
DATE OF NAME CHANGE: 20040113
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brannon Richard D
CENTRAL INDEX KEY: 0001619519
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32740
FILM NUMBER: 161583757
MAIL ADDRESS:
STREET 1: C/O CH4 ENERGY III, LLC
STREET 2: 421 W. 3RD STREET, SUITE 750
CITY: FORT WORTH
STATE: TX
ZIP: 76102
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-04-19
0
0001276187
Energy Transfer Equity, L.P.
ETE
0001619519
Brannon Richard D
C/O CH4 ENERGY III, LLC
421 W. 3RD ST., SUITE 750
FORT WORTH
TX
76102
1
0
0
0
Common Units
2016-04-19
4
A
0
2500
0.00
A
40900
D
SERIES A CONVERTIBLE PREFERRED UNITS
6.56
Common Units
38400
D
A grant of 2,500 ETE restricted units awarded to the reporting person upon his appointment to the board of directors of LE GP, LLC the general partner of Energy Transfer Equity, L.P. and his subsequent independence determination. These units will vest 60% on the third anniversary of the grant and 40% on the fifth anniversary of the grant contingent only upon his continued service on the board.
On the Conversion Date, each Convertible Unit will automatically convert into common units, the number of which will be determined by dividing (a) the Conversion Value (as defined below) on that date by (b) $6.56. The conversion value of each Convertible Unit (the "Conversion Value") on the transaction date is zero, and the Conversion Value will increase each fiscal quarter in an amount equal to $0.285 less the cash distribution actually paid with respect to each Convertible Unit for such quarter (or, if prior to the closing of the Partnership's acquisition of The Williams Companies, Inc., or earlier termination of the merger agreement relating to such acquisition, with respect to each Participating Common Unit (as defined below)).
The Series A Convertible Preferred Units (the "Convertible Units") representing limited partner interests in Energy Transfer Equity, L.P. (the "Partnership") will automatically convert on the first business day following the date that is the earliest of (a) May 18, 2018, (b) the date upon which all Convertible Units would be convertible into 136,612,021 common units representing limited partner interests in the Partnership ("common units"), (c) the date of a change of control of the Partnership or (d) the date of a dissolution of the Partnership (the "Conversion Date").
Sonia Aube, Attorney-in-fact for Mr. Brannon
2016-04-21