Filing Details

Accession Number:
0001104659-16-131847
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-07-08 19:33:32
Reporting Period:
2016-07-06
Filing Date:
2016-07-08
Accepted Time:
2016-07-08 19:33:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1504461 Ngl Energy Partners Lp NGL Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172) 273427920
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1532186 J Vincent Osterman One Memorial Square, Po Box 67
Whitinsville MA 01588
President, Eastern Retail Op Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Disposition 2016-07-06 13,486 $18.47 119,777 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units 122,016 Indirect BY: OSTERMAN FAMILY FOUNDATION
Common Units 110,587 Indirect BY: AO ENERGY, INC.
Common Units 559,784 Indirect BY: MILFORD PROPANE INC.
Common Units 1,445,850 Indirect BY: OSTERMAN PROPANE INC.
Common Units 394,350 Indirect BY: E. OSTERMAN, INC.
Common Units 301,700 Indirect BY: E. OSTERMAN GAS SERVICES, INC.
Common Units 669,300 Indirect BY: E. OSTERMAN PROPANE INC.
Common Units 36,450 Indirect BY: PROPANE GAS, INC. THROUGH PROPANE GAS, LLC
Common Units 214,600 Indirect BY: SAVEWAY PROPANE GAS SERVICES, INC.
Footnotes
  1. The Reporting Person is a participant in the NGL Energy Partners LP 2011 Long-Term Incentive Plan ("Plan"). The 13,486 Common Units reported on this line were sold pursuant to the Reporting Person's prior election to have Common Units withheld and sold to cover the tax withholding obligation in connection with the July 1, 2016 vesting of 30,000 Common Units under the Plan.
  2. The price is the weighted average price for the common units reported on this line between $18.08 and $18.79. Complete information regarding the number of Common Units sold at each separate price will be provided upon request by the Commission Staff, the issuer or a security holder of the issuer.
  3. Vincent J. Osterman may be deemed to have shared voting or investment power over these securities. Mr. Osterman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.
  4. Mr. Osterman holds no equity interest in this entity.
  5. These securities are held directly by Osterman Propane, Inc. Osterman Propane, Inc. disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.