-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Hpyp1trNJ7WJQ9lJPoGqniLcQZxc2nfRxf/+9Jkf4ElN5uk3hvkepoVyoQ6X1H+l DogoeJbyic8fuq3A5ry+1w== 0001144204-08-021892.txt : 20080411 0001144204-08-021892.hdr.sgml : 20080411 20080411191906 ACCESSION NUMBER: 0001144204-08-021892 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080208 FILED AS OF DATE: 20080411 DATE AS OF CHANGE: 20080411 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BreitBurn Energy Partners L.P. CENTRAL INDEX KEY: 0001357371 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 743169953 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 515 SOUTH FLOWER STREET, SUITE 4800 CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: (213) 225-5900 MAIL ADDRESS: STREET 1: 515 SOUTH FLOWER STREET, SUITE 4800 CITY: LOS ANGELES STATE: CA ZIP: 90071 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stewart Dwayne Tillman CENTRAL INDEX KEY: 0001425748 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33055 FILM NUMBER: 08753336 BUSINESS ADDRESS: BUSINESS PHONE: (213) 225-5900 MAIL ADDRESS: STREET 1: C/O BREITBURN ENERGY PARTNERS L.P. STREET 2: 515 SOUTH FLOWER STREET, SUITE 4800 CITY: LOS ANGELES STATE: CA ZIP: 90071 4 1 v110488_ex.xml X0202 4 2008-02-08 0 0001357371 BreitBurn Energy Partners L.P. BBEP 0001425748 Stewart Dwayne Tillman 515 SOUTH FLOWER STREET, SUITE 4800 LOS ANGELES CA 90071 0 1 0 0 VP Geosciences & Eastern Div. Common units representing limited partner interests 2008-02-08 4 M 0 351 0 A 351 D Common units representing limited partner interests 2008-02-08 4 D 0 351 28.9 D 0 D Restricted Units 2008-02-08 4 M 0 351 0 D Common units representing limited partner interests 361 664 D Each Restricted Unit is the economic equivalent of one common unit and is accompanied by a distribution equivalent right, entitling the holder, immediately prior to settlement of the Restricted Unit to an additional number of Restricted Units based upon the relationship between the amount of distributions paid on a common unit during the period between the vesting commencement date and the settlement date of the Restricted Unit and the market price of the common units prior to the payment of such distributions. On each of January 1, 2008, January 1, 2009 and January 1, 2010, one third of the Restricted Units vests and settles for cash within 60 days. On January 1, 2008, these Restricted Units vested and the Partnership was required to settle them for cash within 60 days. The cash settlement amount is equal to the number of Restricted Units, including the Restricted Units resulting from distributions, multiplied by the closing price of BBEP's common units on December 31, 2007 ($28.90). /s/ Roberta E. Kass, Attorney-in-Fact 2008-04-11 -----END PRIVACY-ENHANCED MESSAGE-----