BP Pipelines (North America) Inc. - 05 Apr 2022 Form 4 Insider Report for BP Midstream Partners LP

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
05 Apr 2022, 16:26:24 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Hans F. Boas, Chief Legal Counsel and Secretary, BP Midstream Partners GP LLC

Key filing fact

BP Pipelines (North America) Inc. filed Form 4 for BP Midstream Partners LP on 05 Apr 2022.

Key facts

  • This page summarizes BP Pipelines (North America) Inc.'s Form 4 filing for BP Midstream Partners LP.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Apr 2022, 16:26.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BPMP transaction

Common Units representing limited partner interests

Award

Transaction value
$0
Shares
+47,856,362
Change %
+84%
Price
$0.000000
Shares after
104,813,074
Date
05 Apr 2022
Ownership
See footnotes
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Pursuant to that certain Agreement and Plan of Merger, dated as of December 19, 2021 (the "Merger Agreement"), by and among BP p.l.c. ("BP"), the Issuer and the other parties thereto, BP acquired all of the outstanding common units representing limited partnership interests in the Issuer not already held by BP or one of its subsidiaries (the "Public Common Units") via a merger that resulted in the Issuer surviving the merger as an indirect, wholly owned subsidiary of BP. Pursuant to the Merger Agreement, each Public Common Unit has converted into the right to receive 0.575 American Depository Shares of BP representing a beneficial interest in six ordinary shares of BP, par value $0.25 per share.

Footnote F2

This Form 4 is being filed jointly by BP Pipelines (North America) Inc. ("BP Pipelines"), BP Midstream Partners Holdings LLC ("BP Holdco") and BP Midstream GP LLC (the "General Partner"). BP Holdco, a direct wholly owned subsidiary of BP Pipelines, owns all of the membership interests in the General Partner. Accordingly, the General Partner is an indirect wholly owned subsidiary of BP Pipelines.

Footnote F3

The General Partner owns the non-economic general partner interest in the Issuer. BP Holdco owns all of the membership interests in the General Partner. BP Pipelines owns all of the membership interests in BP Holdco, which owns 103,763,074 common units of the Issuer, and all of the capital stock of Amoco Pipeline Holding Company ("APHC"), which owns 1,050,000 common units of the Issuer. Accordingly, BP Pipelines 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. BP Pipelines may also be deemed to indirectly own the securities of the Issuer directly held by BP Holdco and APHC, but disclaims beneficial ownership except to the extent of its pecuniary interest therein.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .