0001140361-18-024170.txt : 20180516 0001140361-18-024170.hdr.sgml : 20180516 20180516152842 ACCESSION NUMBER: 0001140361-18-024170 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180515 FILED AS OF DATE: 20180516 DATE AS OF CHANGE: 20180516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MALQUIST MALYN K CENTRAL INDEX KEY: 0001198719 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35358 FILM NUMBER: 18839874 MAIL ADDRESS: STREET 1: 10653 S. RIVER FRONT PARKWAY STREET 2: SUITE 300 CITY: SOUTH JORDAN STATE: UT ZIP: 84095 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TC PIPELINES LP CENTRAL INDEX KEY: 0001075607 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 522135448 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 700 LOUISIANA STREET, SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77002-2700 BUSINESS PHONE: (877) 290-2772 MAIL ADDRESS: STREET 1: 700 LOUISIANA STREET, SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77002-2700 4 1 doc1.xml FORM 4 X0306 4 2018-05-15 0 0001075607 TC PIPELINES LP TCP 0001198719 MALQUIST MALYN K 700 LOUISIANA STREET, SUITE #700 HOUSTON TX 77002-2700 1 0 0 0 Deferred Share Units 2018-05-15 4 A 0 348 25.72 A Common units representing limited partner interest 348 14133 D Upon termination of service as a director, Deferred Share Units ("DSUs") recorded in the reporting person's account will be settled, at the reporting person's election, in common units of TC PipeLines, LP ("Common Units") at no additional cost on a 1 for 1 basis or in cash of equivalent value, less applicable withholdings. The DSUs are immediately fully vested and are redeemable only following Mr. Malquist's termination of Board service. The DSUs were credited to the director's share unit account as distributions, effective on the payment date for distributions paid by TC PipeLines, LP on the Common Units. Pursuant to the Deferred Share Unit Plan for Non-Employee Directors (2013), the number of DSUs credited for distributions is calculated based on the distribution declared and paid on Common Units multiplied by the number of DSUs in the director's share account on the record date of such distribution, divided by the fair market value of Common Units on the payment date for such distribution. /s/ Jon A. Dobson, Attorney-in-Fact for Malyn K. Malquist 2018-05-16