Filing Details

Accession Number:
0001104659-16-140993
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-23 11:25:36
Reporting Period:
2016-08-19
Filing Date:
2016-08-23
Accepted Time:
2016-08-23 11:25:36
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
1520329 W Shawn Coady 6120 S. Yale Avenue, Suite 805
Tulsa OK 74136
President, Retail Division 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 2016-08-19 5,748 $18.22 106,503 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 2,320,391 Indirect see footnote
Common Units 135,000 Indirect see footnote
Common Units 12,250 Indirect see footnote
Common Units 12,250 Indirect see footnote
Footnotes
  1. The Reporting Person is a participant in the NGL Energy Partners LP 2011 Long-Term Incentive Plan ("Plan"). The 5,748 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 August 15, 2016 vesting of 13,302 Common Units under the Plan.
  2. The price is the weighted average price for the Common Units reported on this line between $18.20 and $18.72. 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. The units reported on this line are held by the SWC Family Partnership LP. SWC Family Partnership LP is a limited partnership which is solely owned by SWC General Partner LLC. The Reporting Person is the sole member of SWC General Partner, LLC. The Reporting Person 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. The units reported on this line are held by the 2012 Shawn W. Coady Irrevocable Insurance Trust, for the benefit of the Reporting Person's children. The Reporting Person 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.
  5. The units reported on this line are held by the Tara Nicole Coady Trust II, for which the Reporting Person is the trustee. The Reporting Person 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.
  6. The units reported on this line are held by the Colleen Blair Coady Trust, for which the Reporting Person is the trustee. The Reporting Person 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.