SUNOCO PIPE LINE CO OF DELAWARE 4
4 · SUNOCO LOGISTICS PARTNERS LP · Filed Jan 6, 2004
Insider Transaction Report
Form 4
SUNOCO PIPE LINE CO OF DELAWARE
10% Owner
Transactions
- Other
Common Units
2004-01-02−958,486→ 3,777,563 total(indirect: By LLC)
Footnotes (2)
- [F1]Effective as of January 1, 2004, Sun Pipe Line Company of Delaware contributed its 17% direct ownership interest in Sunoco Partners LLC to its wholly owned subsidiary, Sun Pipe Line Company (f/k/a Sunoco Texas Pipe Line Company). The 958,486 common units, representing limited partnership interests in Sunoco Logistics Partners L.P. (the issuer) reported on this form, reflect this contribution.
- [F2]Following this capital contribution, Sun Pipe Line Company of Delaware no longer holds a direct interest in Sunoco Partners LLC, but continues to hold, indirectly through Sun Pipe Line Company (f/k/a Sunoco Texas Pipe Line Company), a 67% interest in Sunoco Partners LLC. Sun Pipe Line Company of Delaware owns 100% of Sun Pipe Line Company. Sunoco Partners LLC is the record and beneficial owner of the common units [representing limited partnership interests in Sunoco Logistics Partners L.P. (the issuer)] reported on this form. Prior to the reported transaction, Sunoco Partners LLC was comprised of the following members (and respective membership interests): Sun Pipe Line Company of Delaware (17%); Sun Pipe Line Company (50%); Sunoco, Inc. (R&M) (13%); Atlantic Petroleum Corporation (17%); and Atlantic Refining & Marketing Corp. (3%). Contemporaneously with the transaction reported on this form, Atlantic Petroleum Corporation contributed its membership interest in Sunoco Partners LLC to its wholly owned subsidiary, Atlantic Refining & Marketing Corp.. Sunoco Partners LLC now consists of the following members (and respective membership interests): Sun Pipe Line Company (67%); Sunoco, Inc. (R&M) (13%); and Atlantic Refining & Marketing Corp. (20%).