-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QsGdfjlMEW74Ld6aKB3z5DCFXYbTANBpjs4Mn02gHc1QuvID36a+QxAOsBmMSArV IIH90nBwhJ+UBRFPgcC5Sg== 0001144204-08-030249.txt : 20080516 0001144204-08-030249.hdr.sgml : 20080516 20080516124008 ACCESSION NUMBER: 0001144204-08-030249 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080515 FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BreitBurn Energy Partners L.P. CENTRAL INDEX KEY: 0001357371 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 743169953 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 515 SOUTH FLOWER STREET, SUITE 4800 CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: (213) 225-5900 MAIL ADDRESS: STREET 1: 515 SOUTH FLOWER STREET, SUITE 4800 CITY: LOS ANGELES STATE: CA ZIP: 90071 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Billing Grant D CENTRAL INDEX KEY: 0001377184 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33055 FILM NUMBER: 08841196 BUSINESS ADDRESS: BUSINESS PHONE: 213-225-5900 MAIL ADDRESS: STREET 1: 515 SOUTH FLOWER STREET, SUITE 4800 CITY: LOS ANGELES STATE: CA ZIP: 90071 4 1 v114893_ex.xml X0202 4 2008-05-15 0 0001357371 BreitBurn Energy Partners L.P. BBEP 0001377184 Billing Grant D 515 SOUTH FLOWER STREET, SUITE 4800 LOS ANGELES CA 90071 1 0 0 0 Phantom Units 2008-05-15 4 A 0 48 0 A Common Units 48 1974 D Phantom Units 2008-05-15 4 A 0 37 0 A Common Units 37 1514 D Phantom Units 2008-05-15 4 A 0 29 0 A Common Units 29 1196 D Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in BBEP (a "common unit"). The Phantom Units will be settled for an equal number of common units on October 9, 2009. The Phantom Units will be settled for an equal number of common units on January 1, 2010. The Phantom Units will be settled at the election of BBEP for an equal number of common units or for cash on January 1, 2011. Represents additional Phantom Units received by the Reporting Person pursuant to the terms of previously granted Distribution Equivalent Rights. Each Distribution Equivalent Right entitles the Reporting Person to additional Phantom Units with a value equal to the amount of distributions paid on each of BBEP's common units. On May 15, 2008, BBEP paid a cash distribution to holders of its common units in an amount equal to 50.00 cents per common unit. Pursuant to the terms of the Distribution Equivalent Rights, the Reporting Person received a number of additional Phantom Units in respect of each Distribution Equivalent Right with a value (based on the closing price of BBEP's common units on the distribution date ($20.10)) equal to the per unit amount of the distribution. /s/ Roberta E. Kass, Attorney-in-Fact 2008-05-16 -----END PRIVACY-ENHANCED MESSAGE-----