Filing Details

Accession Number:
0000899243-16-036415
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-30 08:51:20
Reporting Period:
2016-12-28
Filing Date:
2016-12-30
Accepted Time:
2016-12-30 08:51:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1583744 Arc Logistics Partners Lp ARCX Wholesale-Petroleum Bulk Stations & Terminals (5171) 364767846
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1588833 Lightfoot Capital Partners, Lp 725 Fifth Avenue, 19Th Floor
New York NY 10022
No No Yes No
1590718 Lightfoot Capital Partners Gp Llc 725 Fifth Avenue, 19Th Floor
New York NY 10022
No No Yes 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 Acquisiton 2016-12-28 27,894 $14.50 5,242,775 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. Represents the purchase of common units representing limited partner interests in the Issuer ("Common Units") from Vincent T. Cubbage, Chief Executive Officer and Chairman of the Issuer, which was intended to cover Mr. Cubbage's tax liability resulting from the settlement on November 17, 2016 of phantom units subject to performance-based vesting that were awarded to Mr. Cubbage under the Issuer's Long-Term Incentive Plan.
  2. Lightfoot Capital Partners, LP ("LCP LP") purchased the Common Units from Mr. Cubbage at a price equal to the closing price of the Issuer's Common Units on November 17, 2016.
  3. This Form 4 is filed jointly by LCP LP and Lightfoot Capital Partners GP LLC ("LCP GP"), the general partner of LCP LP. These units are owned directly by LCP LP, a ten percent owner of the Issuer, and indirectly by LCP GP as general partner of LCP LP. LCP GP is a ten percent indirect beneficial owner of the Issuer by virtue of its general partner interest in LCP LP. LCP GP disclaims beneficial ownership of the units owned directly by LCP LP except to the extent of its pecuniary interest therein.