Filing Details
- Accession Number:
- 0001127602-10-031424
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-12-22 13:21:33
- Reporting Period:
- 2010-12-20
- Filing Date:
- 2010-12-22
- Accepted Time:
- 2010-12-22 13:21:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1297067 | Copano Energy L.l.c. | CPNO | Natural Gas Transmission (4922) | 510411678 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1307966 | L Douglas Lawing | 2727 Allen Parkway Suite 1200 Houston TX 77019 | Evp & General Counsel | 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 | Acquisiton | 2010-12-20 | 15,200 | $10.00 | 64,159 | No | 4 | M | Direct | |
| Common Units | Disposition | 2010-12-20 | 21,853 | $30.36 | 42,306 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Units | Common Unit Option (Right to Buy) | Disposition | 2010-12-20 | 15,200 | $0.00 | 15,200 | $10.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Units | 821,693 | Indirect | By Estate of John R. Eckel, Jr. |
| Common Units | 701,069 | Indirect | By Frio Partners, Inc. |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2010.
- The reported sale price is the weighted average of sales prices ranging from $30.29 to $30.55.
- Includes 36,154 units previously owned indirectly through Copano Bay Trust Number Eleven, which were distributed to Mr. Lawing effective December 20, 2010.
- Mr. Lawing serves as personal representative of the Eckel Estate.
- These units are owned directly by Frio Partners, Inc. which is a wholly owned subsidiary of FDEC Equipment Company, which is a wholly owned subsidiary of Frio USA, Inc. which is a wholly owned subsidiary of Frio Drilling & Exploration Co., which is wholly owned by Frio Management Trust. The Eckel Estate is the sole beneficiary of this trust.
- The options have a 10-year term and vested in five equal annual installments commencing on 11/15/2005.
Billionaire Hedge Funds
