Filing Details

Accession Number:
0001140361-15-033109
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-21 16:54:42
Reporting Period:
2015-08-19
Filing Date:
2015-08-21
Accepted Time:
2015-08-21 16:54:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1523404 Jp Energy Partners Lp JPEP Wholesale-Petroleum Bulk Stations & Terminals (5171) 272504700
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1313548 Patrick Jason Barley 600 East Las Colinas Boulevard
Suite 2000
Irving TX 75039
See Remarks 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 (Limited Partner Interests) Acquisiton 2015-08-19 1,000 $7.85 2,500 No 4 P Indirect BY TRUST
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect BY TRUST
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units (Limited Partner Interests) 30,663 Indirect BY LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Units PHANTOM UNITS (WITH DERs) $0.00 25,000 25,000 Direct
Common Units SUBORDINATED UNITS (LIMITED PARTNER INTERESTS) $0.00 125,122 125,122 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
25,000 25,000 Direct
125,122 125,122 Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These units were purchased in multiple transactions at prices ranging from $7.81 to $8.005, inclusive. The reporting person undertakes to provide to JP Energy Partners LP, any security holder of JP Energy Partners LP, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
  2. By Barley 2011 Family Trust.
  3. Represents units held by JP Energy Holdings, LLC which is 100% owned and controlled by the Reporting Person
  4. Each phantom unit is the economic equivalent of one common unit and is accompanied by a distribution equivalent right, entitling the holder to an amount equal to any cash distributions paid on each of the Partnership's common units.
  5. The phantom units vest in three equal annual installments commencing on each of the first, second and third anniversaries of the grant date.
  6. The phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer.
  7. Each subordinated unit will convert into one common unit at the end of the subordination period, as described in Registration Statement.