Filing Details

Accession Number:
0001223203-10-000304
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-16 18:15:25
Reporting Period:
2010-11-12
Filing Date:
2010-11-16
Accepted Time:
2010-11-16 18:15:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1357371 Breitburn Energy Partners L.p. BBEP Crude Petroleum & Natural Gas (1311) 743169953
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1377139 J Gregory Moroney 515 South Flower Street, Suite 4800
Los Angeles CA 90071
Yes No 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 2010-11-12 1,000 $20.22 9,723 No 4 S Direct
Common Units Disposition 2010-11-16 1,992 $20.00 7,731 No 4 S Direct
Common Units Disposition 2010-11-16 1,708 $19.14 6,023 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Units Phantom Units Acquisiton 2010-11-12 88 $0.00 88 $0.00
Common Units Representing Limited Partner Interests Phantom Units Acquisiton 2010-11-12 312 $0.00 312 $0.00
Common Units Representing Limited Partner Interests Phantom Units Acquisiton 2010-11-12 242 $0.00 242 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,596 No 4 A Direct
16,268 No 4 A Direct
12,619 No 4 A Direct
Footnotes
  1. Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in BBEP (a "common unit").
  2. Represents additional Phantom Units received by the Reporting Person pursuant to the terms of previously granted Distribution Equivalent Rights. Each Distribution Equivalent Right entitles the Reporting Person to additional Phantom Units with a value equal to the amount of distributions paid on each of BBEP's common units. On November 12, 2010, BBEP paid a cash distribution to holders of its common units in an amount equal to 39 cents per common unit. Pursuant to the terms of the Distribution Equivalent Rights, the Reporting Person received a number of additional Phantom Units in respect of each Distribution Equivalent Right with a value (based on the closing price of BBEP's common units on the distribution date ($19.96)) equal to the per unit amount of the distribution.
  3. The Phantom Units will be settled at the election of BBEP for an equal number of common units or for cash on January 1, 2011.
  4. The Phantom Units will be settled at the election of BBEP for an equal number of common units or for cash on January 1, 2012.
  5. The Phantom Units will be settled at the election of BBEP for an equal number of common units or for cash on January 1, 2013.