4//SEC Filing
VALERO ENERGY PARTNERS LP 4
Accession 0001209191-13-057212
CIK 0001583103operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 7:23 PM ET
Size
20.5 KB
Accession
0001209191-13-057212
Insider Transaction Report
Form 4
VALERO ENERGY CORP/TX
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
PREMCOR USA INC
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
Valero Terminaling & Distribution Co
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
Premcor Pipeline Co.
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
VALERO ENERGY PARTNERS GP LLC
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
Valero Refining & Marketing Co
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
Premcor Refining Group Inc.
10% Owner
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
Transactions
- Other
Common Units representing limited partner interests
2013-12-16+11,539,989→ 11,539,989 total(indirect: See foonotes) - Other
Subordinated Units representing limited partner interests
2013-12-16+28,789,989→ 28,789,989 total(indirect: See foonotes)Exercise: $0.00→ Common Units representing limited partner interests (28,789,989 underlying)
Footnotes (4)
- [F1]This Form 4 is being filed jointly by Valero Energy Corporation (?Valero?), Valero Refining and Marketing Company (?VRMC?), Premcor USA Inc. (?Premcor USA?), Valero Terminaling and Distribution Company (?VTDC?), The Premcor Pipeline Co. (?Premcor Pipeline?), The Premcor Refining Group Inc. (?Premcor Refining?), Valero Refining Company-Tennessee, L.L.C. (?VRCT?) and Valero Energy Partners GP LLC (the ?General Partner?). VRMC and Premcor USA are wholly owned subsidiaries of Valero. VTDC is a wholly owned subsidiary of VRMC. The General Partner is a wholly owned subsidiary of VTDC. Premcor Pipeline and Premcor Refining are wholly owned subsidiaries of Premcor USA. VRCT is a wholly owned subsidiary of Premcor Refining. Accordingly, Valero may be deemed to indirectly beneficially own securities of Valero Energy Partners LP (the ?Partnership?) owned directly by VTDC, Premcor Pipeline, Premcor Refining, VRCT and the General Partner.
- [F2]In connection with the closing of the initial public offering of the Partnership, VTDC, Premcor Pipeline, Premcor Refining, VRCT and the General Partner contributeed certain assets to the Partnership and (i) (A) VTDC received 2,070,019 common units and 5,164,289 subordinated units, (B) Premcor Pipeline received 7,734,994 common units and 19,297,278 subordinated units, (C) Premcor Refining received 719,502 common units and 1,795,015 subordinated units and (D) VRCT received 1,015,474 common units and 2,533,407 subordinated units, collectively representing a 68.6% limited partner interest in the Partnership and (ii) the General Partner received 1,175,102 general partner units, representing a 2% general partner interest in the Partnership, and incentive distribution rights represeting the right to receive an increasing percentage of quarterly distributions as set forth in the Partnership?s registration statement on Form S-1 (No. 333-191259) (the ?Regstration Statement?).
- [F3](continued from footnote 2) In certain circumstances, if the General Partner is removed as the general partner of the Partnership, the General Partner will have the right to convert its general partner interest and its incentive distribution rights into common units as set forth in the Registration Statement.
- [F4]Each subordinated unit will convert into one common unit at the end of the subordination period as set forth in the Registration Statement.
Documents
Issuer
VALERO ENERGY PARTNERS LP
CIK 0001583103
Entity typeoperating
Related Parties
1- filerCIK 0001583103
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 7:23 PM ET
- Size
- 20.5 KB