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
- 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.
- 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.
- 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.