0001605194-18-000002.txt : 20180601 0001605194-18-000002.hdr.sgml : 20180601 20180601164629 ACCESSION NUMBER: 0001605194-18-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180531 FILED AS OF DATE: 20180601 DATE AS OF CHANGE: 20180601 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Watkins Gary D. CENTRAL INDEX KEY: 0001605194 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35917 FILM NUMBER: 18875674 MAIL ADDRESS: STREET 1: 6640 W. 143RD STREET, SUITE 200 CITY: OVERLAND PARK STATE: KS ZIP: 66223 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Tallgrass Energy Partners, LP CENTRAL INDEX KEY: 0001569134 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 461972941 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4200 W. 115TH STREET, SUITE 350 CITY: LEAWOOD STATE: KS ZIP: 66211 BUSINESS PHONE: (913) 928-6060 MAIL ADDRESS: STREET 1: 4200 W. 115TH STREET, SUITE 350 CITY: LEAWOOD STATE: KS ZIP: 66211 4 1 wf-form4_152788597528604.xml FORM 4 X0306 4 2018-05-31 0 0001569134 Tallgrass Energy Partners, LP TEP 0001605194 Watkins Gary D. 4200 W. 115TH STREET, SUITE 350 LEAWOOD KS 66211 0 1 0 0 VP & Chief Accounting Officer Common Units representing limited partner interests 2018-05-31 4 F 0 928 42.69 D 60365 D 3,200 Equity Participation Units (the "EPUs") held by the Reporting Person vested on May 13, 2018. On May 31, 2018, pursuant to an election exercised by the Reporting Person, 928 EPUs were withheld to satisfy his tax withholding obligations related to the vesting of the EPUs. This is not an open market sale of securities. Includes 40,200 unvested EPUs granted to the Reporting Person, of which (i) 3,200 will vest on May 13, 2019, (ii) 2,000 will vest on November 1, 2019, and (iii) 35,000 will vest on the earliest date on or after April 1, 2021, on which the average compounded annual distribution growth rate for regular quarterly Issuer distributions, based upon the regular quarterly distribution paid by the Issuer on, or immediately prior to, such date is at least 5% over an annualized distribution rate of $3.34 per common unit, as determined by the board of directors of the general partner of the Issuer (the "Distribution Hurdle Date"). If the Distribution Hurdle Date has not occurred by August 2, 2024, the 35,000 EPUs described in clause (iii) will expire and terminate and no vesting will occur. /s/ Christopher R. Jones, Attorney-in-Fact 2018-06-01