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