| Accession Number: | 0001209191-19-054844 |
| Date: | 2019-11-01 |
| Issuer: | BUCKEYE PARTNERS, L.P. (BPL) |
| Original Submission Date: |
MCKINLEY MARK 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 | 2019-11-01 | D | 28,000 | d | $41.50 | 0 | direct |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM UNITS | 0.0 | 2019-11-01 | deemed execution date | D | 3,583 (d) | limited partner units 3,583 | $0.00 | 0 | direct |
| ID | footnote |
|---|---|
| f1 | on november 1, 2019, affiliates of ifm global infrastructure fund ("ifm") acquired buckeye partners, l.p. ("bpl") pursuant to that certain agreement and plan of merger, dated as of may 10, 2019, among bpl, hercules intermediate holdings llc, a delaware limited liability company and a wholly owned subsidiary of ifm, hercules merger sub llc, a delaware limited liability company and a wholly owned subsidiary of ifm ("merger sub"), buckeye pipe line services company, a pennsylvania corporation, and buckeye gp llc, a delaware limited liability company (the "merger agreement"). in accordance with the merger agreement, bpl will merge with and into merger sub (the "merger") with bpl surviving the merger as a wholly owned subsidiary of ifm. at the effective time of the merger, each outstanding limited partnership unit representing limited partner interests in bpl was converted into the right to receive $41.50 in cash, without interest. |
| f2 | pursuant to the merger agreement, on november 1, 2019, these phantom units were cancelled in exchange for a cash payment of $41.50 per unit, without interest. each phantom unit is the economic equivalent of one limited partner unit of bpl. |
