Key facts
- This page summarizes Bobby S. Shackouls's Form 4 filing for PLAINS ALL AMERICAN PIPELINE LP (PAA).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Aug 2021, 17:51.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
Includes 7,500 units held jointly with Reporting Person's spouse.
Footnote F2
In February 2020, the reporting person and his spouse received 2,784 and 2,785 common units of PAA, respectively, in a distribution from their respective grantor retained annuity trusts in accordance with the terms of the GRATs. The distribution of units from the GRATs resulted in a decrease in the number of units beneficially owned indirectly through the GRATs, and a corresponding increase in the number of units beneficially owned directly and indirectly through spouse. The distribution of units from the GRATs constituted a change in form of beneficial ownership, which is exempt under Rule 16a-13 of the Exchange Act.
Footnote F3
Phantom Units granted under Long-Term Incentive Plan (includes distribution equivalent rights payable in cash).
Footnote F4
One common unit is deliverable, upon vesting, for each Phantom Unit that vests.
Footnote F5
Phantom Units vest annually on August distribution date.
Footnote F6
Upon termination of service as director, other than because of death, disability or retirement.