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Filing Details

Accession Number:: 0001615619-16-000126
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-12-30 16:17:32
Reporting Period:: 2016-12-28

Filing Date:: 2016-12-30
Accepted Time:: 2016-12-30 16:17:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1070423	Plains All American Pipeline Lp	PAA	Pipe Lines (No Natural Gas) (4610)	760582150

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1490401	Plains Aap, L.p.	333 Clay Street, Suite 1600 Houston TX 77002	No	No	Yes	No
1490402	Plains All American Gp Llc	333 Clay Street, Suite 1600 Houston TX 77002	No	No	Yes	No
1581928	Paa Gp Holdings Llc	333 Clay Street, Ste. 1600 Houston TX 77002	No	No	Yes	No
1581990	Plains Gp Holdings Lp	333 Clay St., Suite 1600 Houston TX 77002	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

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	2016-12-28	168,063	$0.00	244,875,989	No	4	P	Indirect	By Plains AAP, L.P.
Common Units (Limited Partner Interests)	Acquisiton	2016-12-29	124,800	$0.00	245,000,789	No	4	P	Indirect	By Plains AAP, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Plains AAP, L.P.
No	4	P	Indirect	By Plains AAP, L.P.

Footnotes

Pursuant to that certain Omnibus Agreement (the "Omnibus Agreement") dated November 15, 2016, by and among PAA GP Holdings LLC ("PAGP GP"), Plains GP Holdings, L.P. ("PAGP"), Plains All American GP LLC ("GP LLC"), Plains AAP, L.P. ("AAP"), PAA GP LLC and the Issuer, PAGP has agreed to use the net proceeds from any public or private offering and sale of PAGP's Class A shares to purchase from AAP a number of AAP Class A units equal to the number of Class A shares sold in such offering at a price equal to the net proceeds from such offering. The Omnibus Agreement also provides that immediately following such purchase and sale, AAP will use the net proceeds it receives from such sale of AAP Class A units to PAGP to purchase from PAA an equivalent number of common units representing limited partner interests of PAA ("Common Units").
On December 28, 2016, PAGP sold an aggregate 168,063 Class A shares and used the net proceeds therefrom ($5,857,320.94) to purchase an equivalent number of Class A units of AAP. AAP used such net proceeds to purchase an equivalent number of Common Units from PAA.
On December 29, 2016, PAGP sold an aggregate 124,800 Class A shares and used the net proceeds therefrom ($4,272,457.63) to purchase an equivalent number of Class A units of AAP. AAP used such net proceeds to purchase an equivalent number of Common Units from PAA.
PAA GP Holdings LLC ("PAGP GP") is the general partner of Plains GP Holdings, L.P. ("PAGP"), which is the managing member of Plains All American GP LLC ("GP LLC"), which is the general partner of AAP. Each of PAGP GP, PAGP and GP LLC may be deemed to indirectly beneficially own the Common Units directly held by AAP, but disclaim beneficial ownership of such Common Units except to the extent of their respective pecuniary interests therein.