Filing Details

Accession Number:
0001209191-14-019007
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-10 18:23:26
Reporting Period:
2014-03-05
Filing Date:
2014-03-10
Accepted Time:
2014-03-10 18:23:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1569134 Tallgrass Energy Partners Lp TEP Natural Gas Transmission (4922) 461972941
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1264556 Jr G David Dehaemers 6640 West 143Rd Street, Suite 200
Overland Park KS 66223
President And Ceo 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 Representing Limited Partner Interests Disposition 2014-03-06 957 $31.31 149,583 No 4 S Indirect See footnote
Common Units Representing Limited Partner Interests Disposition 2014-03-06 43 $31.32 149,540 No 4 S Indirect See footnote
Common Units Representing Limited Partner Interests Acquisiton 2014-03-06 1,999 $31.54 151,539 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 P Indirect See footnote
Footnotes
  1. The reporting person, when scheduling an internet-based transaction, inadvertently sold (rather than purchased) the aggregate of 1,000 common units representing limited partner interests ("Common Units") indicated hereby and immediately counterbalanced such inadvertent sale by purchasing 1,000 of the Common Units reported herein on the same day at a higher weighted average price, resulting in a financial loss to the reporting person.
  2. The reporting person's inadvertent sale of the Common Units described in footnote 1 may be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent of 540 Common Units, with the reporting person's purchases on March 5, 2014 of (i) 40 Common Units at a price of $30.74 per Common Unit and (ii) 500 Common Units at a price of $31.23 per Common Unit. The reporting person has agreed to pay to Tallgrass Energy Partners, LP (the "Issuer") $45.33, representing the full amount of the theoretical profit realized in connection with the short-swing transaction, less transaction costs. In addition, the reporting person has agreed to pay to the Issuer any additional future profits realized in connection with short-swing transactions related to the inadvertent sale on March 6, 2014.
  3. The price reported in Column 4 is a weighted average price. These Common Units were purchased in multiple transactions at prices ranging from $31.50 to $31.57. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units purchased at each separate price within the range set forth in this footnote.
  4. The reporting person indirectly owns the Common Units through the David G. Dehaemers, Jr. Revocable Trust, dated April 26, 2006, for which the reporting person serves as Trustee.