Accession Number: | 0001209191-16-123441 |
Date: | 2016-05-24 |
Issuer: | BUCKEYE PARTNERS, L.P. (BPL) |
Original Submission Date: |
SMITH CLARK C.
ONE GREENWAY PLAZA
SUITE 600
HOUSTON, TX 77046
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
LIMITED PARTNER UNITS | 2016-05-24 | S | 200 | d | $73.00 | 69,983 | direct | ||
LIMITED PARTNER UNITS | 2016-05-25 | S | 9,800 | d | $73.02 | 60,183 | direct | ||
LIMITED PARTNER UNITS | 2016-05-24 | 0 | $0.00 | 15,293 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | the transactions reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on february 19, 2016. |
f2 | the price reported in column 4 is a weighted average price. these units were sold in multiple transactions at prices ranging from $73.00 to $73.13, inclusive. the reporting person undertakes to provide to buckeye partners, l.p., any security holder of buckeye partners, l.p., or the staff of the securities and exchange commission, upon request, full information regarding the number of units sold at each separate price within the ranges set forth in footnote (2) to this form 4. |
f3 | the reporting person disclaims beneficial ownership of these securities because the reporting person is not the trustee of the trust and does not exercise any control over the trustee or derive any economic benefit from the securities. this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of section 16 or any other purpose. |