Filing Details

Accession Number:
0001179110-12-015837
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-11-08 17:29:22
Reporting Period:
2012-11-07
Filing Date:
2012-11-08
Accepted Time:
2012-11-08 17:29:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1547638 Southcross Energy Partners L.p. SXE Natural Gas Transmission (4922) 455045230
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1560395 Corey W Lothamer C/o Southcross Energy Partners, L.p.
1700 Pacific Avenue, Suite 2900
Dallas TX 75201
See Remarks No 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 (Limited Partner Interest) Acquisiton 2012-11-07 300 $20.00 300 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Units Phantom Units Acquisiton 2012-11-08 15,000 $0.00 15,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,000 No 4 A Direct
Footnotes
  1. Each phantom unit is the economic equivalent of one common unit.
  2. The phantom units vest over a three year period in equal annual installments commencing on November 8, 2012, subject to accelerated vesting upon a change in control of the Issuer or the Reporting Person's cessation of service with the Issuer due to death or disability. The Reporting Person will receive distribution equivalent rights for each phantom unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the phantom units.(3) Phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis).
  3. Phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis).