Accession Number: | 0001615619-20-000020 |
Date: | 2020-01-16 |
Issuer: | PLAINS ALL AMERICAN PIPELINE LP (PAA) |
Original Submission Date: |
PAA GP HOLDINGS LLC
333 CLAY STREET, STE. 1600
HOUSTON, TX 77002
PLAINS AAP, L.P.
333 CLAY STREET, SUITE 1600
HOUSTON, TX 77002
PLAINS ALL AMERICAN GP LLC
333 CLAY STREET, SUITE 1600
HOUSTON, TX 77002
PLAINS GP HOLDINGS LP
333 CLAY ST., SUITE 1600
HOUSTON, TX 77002
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 |
---|---|---|---|---|---|---|---|---|---|
COMMON UNITS (LIMITED PARTNER INTERESTS) | 2020-01-16 | J | 92,136 | d | $0.00 | 249,488,769 | indirect | f3 | |
COMMON UNITS (LIMITED PARTNER INTERESTS) | 2020-01-17 | J | 46,068 | d | $0.00 | 249,442,701 | indirect | f3 |
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 | pursuant to the limited partnership agreement of plains aap, l.p. ("aap"), each limited partner of aap, other than plains gp holdings, l.p. ("pagp") and plains all american gp llc ("gp llc"), has the right, from time to time, to cause aap to redeem and cancel such partner's aap class a units in exchange for the distribution of an equal number of common units representing limited partner interests ("common units") of plains all american pipeline, l.p. ("paa") held by aap (the "redemption right"). in connection with the exercise of a redemption right, such limited partner must also surrender to pagp an equal number of class b shares of pagp and company units of paa gp holdings llc ("pagp gp"). |
f2 | certain limited partners of aap exercised their redemption right with respect to an aggregate of 138,204 aap class a units, resulting in the cancellation of such aap class a units and the distribution of an aggregate of 138,204 common units from aap to the redeeming partners. |
f3 | pagp gp is the general partner of pagp, which is the managing member of gp llc, which is the general partner of aap. each of pagp gp, pagp and gp llc may be deemed to indirectly beneficially own the common units directly held by aap, but disclaim beneficial ownership of such common units except to the extent of their respective pecuniary interests therein. |