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
- Each phantom unit is the economic equivalent of one common unit.
- 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).
- Phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis).