Filing Details

Accession Number:
0001357371-16-000354
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-26 19:29:01
Reporting Period:
2016-05-24
Filing Date:
2016-05-26
Accepted Time:
2016-05-26 19:29:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1357371 Breitburn Energy Partners Lp BBEP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1347806 S Halbert Washburn 707 Wilshire Boulevard
46Th Floor
Los Angeles CA 90017
Chief Executive Officer 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 Disposition 2016-05-24 6,515 $0.17 0 No 4 S Indirect Held by Trust
Common Units Disposition 2016-05-24 35,710 $0.17 0 No 4 S Indirect Held by Children
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held by Trust
No 4 S Indirect Held by Children
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units 839,106 Direct
Common Units 0 Indirect The Strand Energy Company
Footnotes
  1. Common Units representing limited partner interests ("common units").
  2. This transaction was executed in multiple trades at prices ranging from $0.1673 to $0.1701, inclusive. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of common units and prices at which the transactions were effected.
  3. The reported common units are owned directly by the Halbert S. Washburn Living Trust, and Mr. Washburn has the power and authority to dispose of the common units and, accordingly, may be deemed to be the beneficial owner of such common units.
  4. Holdings include 333,237 units of Breitburn Energy Partners LP distributed by The Strand Energy Company ("TSEC") to Mr. Washburn on March 21, 2016. These units represent his 48% owernship share of the units previously held by TSEC.
  5. On March 21, 2016, The Strand Energy Company distributed all of its units of Breitburn Energy Partners LP to its owners.
  6. The reported common units are owned directly by The Strand Energy Company of which Mr. Washburn is the 48% owner. The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.