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Filing Details

Accession Number:: 0001225208-17-000514
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-01-04 19:03:42
Reporting Period:: 2016-12-31

Filing Date:: 2017-01-04
Accepted Time:: 2017-01-04 19:03:42
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1338065	Dcp Midstream Partners Lp	DPM	Crude Petroleum & Natural Gas (1311)	1231

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1119811	Dcp Midstream, Llc	370 17Th Street Suite 2500 Denver CO 80202		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	Acquisiton	2016-12-31	20,223,754	$0.00	24,210,046	No	4	P	Direct
Common Units	Acquisiton	2017-01-01	28,552,480	$36.17	52,762,526	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Footnotes

On December 31, 2016, prior to and in connection with the Contribution (as defined below), the Reporting Person entered into an agreement whereby DCP LP Holdings, LLC ("Holdings") distributed (the "Distribution") all of its 20,223,754 Common Units to the Reporting Person, which, at the time of the Distribution, was the managing member of Holdings. As the managing member of Holdings, the Reporting Person may have been deemed to beneficially own indirectly all of the Common Units directly held by Holdings and transferred to the Reporting Person in the Distribution. The Reporting Person and Holdings have historically elected to file Section 16 filings jointly, but Holdings has filed independently to report the Distribution.
Includes 1,887,618 Common Units held by DCP Midstream GP, LP (the "General Partner"). The Reporting Person is the sole member of the general partner of the General Partner and may be deemed to indirectly own the securities of the Issuer directly held by the General Partner, but disclaims beneficial ownership except to the extent of its pecuniary interest therein.
On January 1, 2017, in connection with the closing of the transactions (the "Contribution") contemplated pursuant to the Contribution Agreement (the "Contribution Agreement"), dated December 30, 2016, among the Reporting Person, the Issuer, and DCP Midstream Operating, LP (the "Operating Partnership"), the Reporting Person contributed substantially all of its assets and $424 million in cash to the Operating Partnership and, as partial consideration for such contributions, the Issuer issued 28,552,480 Common Units to the Reporting Person and 2,550,644 General Partner Units to the General Partner. The price per unit was $36.17, the volume weighted average trading price of the Issuer's Common Units over the 20-day trading period ending on December 28, 2016.