0001357371-14-000062.txt : 20140915
0001357371-14-000062.hdr.sgml : 20140915
20140915112847
ACCESSION NUMBER: 0001357371-14-000062
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140911
FILED AS OF DATE: 20140915
DATE AS OF CHANGE: 20140915
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Breitburn Energy Partners LP
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
STREET 2: SUITE 4800
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
BUSINESS PHONE: (213) 225-5900
MAIL ADDRESS:
STREET 1: 515 SOUTH FLOWER STREET
STREET 2: SUITE 4800
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
FORMER COMPANY:
FORMER CONFORMED NAME: BreitBurn Energy Partners L.P.
DATE OF NAME CHANGE: 20060324
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Breitenbach Randall Hart
CENTRAL INDEX KEY: 0001366242
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33055
FILM NUMBER: 141102497
MAIL ADDRESS:
STREET 1: BREITBURN ENERGY PARTNERS L.P.
STREET 2: 515 SOUTH FLOWER STREET, SUITE 4800
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
4
1
wf-form4_141079491599534.xml
FORM 4
X0306
4
2014-09-11
0
0001357371
Breitburn Energy Partners LP
BBEP
0001366242
Breitenbach Randall Hart
515 S. FLOWER STREET
SUITE 4800
LOS ANGELES
CA
90071
1
0
0
0
Convertible Phantom Units
2014-09-11
4
A
0
792
0
A
2015-12-28
2015-12-28
Common Units
792.0
83950
D
Each Convertible Phantom Unit ("CPU") is a phantom equity award which includes a performance distribution right ("PDR") that entitles the holder to distributions at the same rate payable to common unitholders based upon the number of CPUs multiplied by a number ranging from 0 to 4.768 (the "multiplier") reflecting whether specified performance metrics are attained.
Represents additional CPUs received by the Reporting Person pursuant to the terms of previously granted PDRs. Each PDR entitles the Reporting Person to additional CPUs with a value equal to the amount of distributions paid on each common unit. On September 11, 2014, BBEP paid a cash distribution to holders of its common units in an amount equal to 16.75 cents per common unit. Pursuant to the terms of the PDRs, the Reporting Person received a number of additional CPUs in respect of each PDR with a value (based on the closing price of BBEP's common units on the distribution date ($21.99)) equal to the per unit amount of the distribution. Currently, the multiplier for these CPUs is "1.25."
Common Units representing limited partner interests ("common units").
/s/ Roberta E. Kass, Attorney-in-Fact
2014-09-15