0001140361-14-028769.txt : 20140718 0001140361-14-028769.hdr.sgml : 20140718 20140718160730 ACCESSION NUMBER: 0001140361-14-028769 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140716 FILED AS OF DATE: 20140718 DATE AS OF CHANGE: 20140718 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PetroLogistics LP CENTRAL INDEX KEY: 0001523733 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890] IRS NUMBER: 452532754 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 3250 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-255-5990 MAIL ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 3250 CITY: HOUSTON STATE: TX ZIP: 77002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vanderhider Hallie A. CENTRAL INDEX KEY: 0001575697 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35529 FILM NUMBER: 14982741 MAIL ADDRESS: STREET 1: 600 TRAVIS STREET, SUITE 3250 CITY: HOUSTON STATE: TX ZIP: 77002 4 1 doc1.xml FORM 4 X0306 4 2014-07-16 1 0001523733 PetroLogistics LP PDH 0001575697 Vanderhider Hallie A. 600 TRAVIS STREET, SUITE 3250 HOUSTON TX 77002 1 0 0 0 Common Units representing limited partner interests 2014-07-16 4 D 0 15447 D 0 D The amount of securities reported in Column 4 includes 7,628 unvested phantom units that were awarded to the reporting person pursuant to the PetroLogistics Long Term Incentive Plan on May 14, 2014. Each phantom unit was the economic equivalent of one common unit and was accompanied by a distribution equivalent right entitling the holder to an amount of cash equal to the value of any cash distributions paid on each of the issuer's common units during the period in which the phantom unit was held. Pursuant to the Agreement and Plan of Merger and Membership Interest Transfer Agreement, dated as of May 27, 2014, by and among the issuer, PetroLogistics GP LLC, Propylene Holdings LLC, Flint Hill Resources, LLC and FHR Propylene, LLC (the "Merger Agreement"), all of the common units and phantom units held by the reporting person were cancelled and converted into the right to receive $14.00 per common unit, subject to any required withholding taxes, and the right to receive a final one-time cash distribution in accordance with the provisions of the Merger Agreement and which will be calculated to approximate the distribution that would have otherwise been paid for the period through the closing date of the merger, subject to an additional reserve to cover a portion of the merger-related costs of the issuer on the effective date of the merger. /s/ Hallie A. Vanderhider 2014-07-18