0001357371-14-000074.txt : 20141020 0001357371-14-000074.hdr.sgml : 20141020 20141020142836 ACCESSION NUMBER: 0001357371-14-000074 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141016 FILED AS OF DATE: 20141020 DATE AS OF CHANGE: 20141020 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: 141163709 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_141382970453529.xml FORM 4 X0306 4 2014-10-16 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 2014-10-16 4 A 0 1082 0 A 2015-12-28 2015-12-28 Common Units 1082.0 85032 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 October 16, 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 ($16.24)) 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/ Gloria Lee, Attorney-in-Fact 2014-10-20 EX-24 2 poa-randallhartbreitenbach.txt RANDALL HART BREITENBACH POWER OF ATTORNEY 09.15.2014 POWER OF ATTORNEY Know all by these presents, that the undersigned hereby constitutes and appoints each of Roberta E. Kass, Gloria Lee and Eureka Nutt, signing singly, the undersigned's true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned, in the undersigned's capacity as a director of Breitburn GP LLC, the general partner of Breitburn Energy Partners LP (the "Company"), Forms 3, 4, and 5 and any amendments thereto in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder; (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 15th day of September, 2014. Signature: /s/ RANDALL HART BREITENBACH ---------------------------- Print Name: Randall Hart Breitenbach