X0306
4
2016-08-19
0
0001504461
NGL Energy Partners LP
NGL
0001532186
Osterman Vincent J
ONE MEMORIAL SQUARE, PO BOX 67
WHITINSVILLE
MA
01588
1
1
0
0
President, Eastern Retail OP
Common Units
2016-08-19
4
S
0
5936
18.22
D
172143
D
Common Units
122016
I
BY: OSTERMAN FAMILY FOUNDATION
Common Units
110587
I
BY: AO ENERGY, INC.
Common Units
559784
I
BY: MILFORD PROPANE INC.
Common Units
1445850
I
BY: OSTERMAN PROPANE INC.
Common Units
394350
I
BY: E. OSTERMAN, INC.
Common Units
301700
I
BY: E. OSTERMAN GAS SERVICES, INC.
Common Units
669300
I
BY: E. OSTERMAN PROPANE INC.
Common Units
36450
I
BY: PROPANE GAS, INC. THROUGH PROPANE GAS, LLC
Common Units
214600
I
BY: SAVEWAY PROPANE GAS SERVICES, INC.
The Reporting Person is a participant in the NGL Energy Partners LP 2011 Long-Term Incentive Plan ("Plan"). The 5,936 Common Units reported on this line were sold pursuant to the Reporting Person's prior election to have Common Units withheld and sold to cover the tax withholding obligation in connection with the August 15, 2016 vesting of 13,302 Common Units under the Plan.
The price is the weighted average price for the Common Units reported on this line between $18.20 and $18.72. Complete information regarding the number of Common Units sold at each separate price will be provided upon request by the Commission Staff, the issuer or a security holder of the issuer.
Vincent J. Osterman may be deemed to have shared voting or investment power over these securities. Mr. Osterman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.
Mr. Osterman holds no equity interest in this entity.
These securities are held directly by Osterman Propane, Inc. Osterman Propane, Inc. disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.
/s/ Vincent Osterman by Sharra Straight / POA
2016-08-22