0001140361-12-009117.txt : 20120216
0001140361-12-009117.hdr.sgml : 20120216
20120216170923
ACCESSION NUMBER: 0001140361-12-009117
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120214
FILED AS OF DATE: 20120216
DATE AS OF CHANGE: 20120216
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: 717 TEXAS STREET, SUITE #2400
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: (877) 290-2772
MAIL ADDRESS:
STREET 1: 717 TEXAS STREET, SUITE #2400
CITY: HOUSTON
STATE: TX
ZIP: 77002
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: 12620122
MAIL ADDRESS:
STREET 1: 10653 S. RIVER FRONT PARKWAY
STREET 2: SUITE 300
CITY: SOUTH JORDAN
STATE: UT
ZIP: 84095
4
1
doc1.xml
FORM 4
X0304
4
2012-02-14
0
0001075607
TC PIPELINES LP
TCP
0001198719
MALQUIST MALYN K
717 TEXAS STREET, SUITE #2400
HOUSTON
TX
77002
1
0
0
0
Deferred Share Units
2012-02-14
4
A
0
27
45.76
A
Common units representing limited partner interest
27
1669
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 Share Unit Plan for Non-Employee Directors (2007), 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/ Avery C. Smith, by Power of Attorney for Malyn K. Malquist
2012-02-16