|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B Shares representing limited partner interests (2) | $ 0 | 10/21/2013 | A(1) | 129,993,681 | (2) | (2) | Class A Shares | 129,993,681 | $ 0 | 129,993,681 (1) | I | See Footnotes (1) | |||
Units in PAA GP Holdings LLC (2) | $ 0 | 10/21/2013 | A(1) | 129,993,681 | (2) | (2) | Class A Shares | 129,993,681 | $ 0 | 129,993,681 (1) | I | See Footnotes (1) | |||
Class A Units in Plains AAP, L.P. (2) | $ 0 | 10/21/2013 | J(3) | 129,993,681 | (2) | (2) | Class A Shares | 129,993,681 | $ 0 | 129,993,681 (1) | I | See Footnotes (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
RAYMOND JOHN T 811 MAIN, SUITE 4200 HOUSTON, TX 77002 |
X | See Remarks |
/s/ John A. Kaercher | 10/23/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | As of the date of this Form 4, the Reporting Person indirectly owns the Class B shares representing limited partner interests in the Issuer (the "Class B Shares"), the Units in PAA GP Holdings LLC (the "GP Units") and the Class A Units in Plains AAP, L.P. (the "AAP Units") through his ownership in EMG Investment, LLC ("EMG") and Lynx Holdings I, LLC ("Lynx"). The Reporting Person is the sole member of EMG Admin GP, LLC, the general partner of EMG Admin, LP, which is the manager of EMG, and therefore he may be deemed to be the beneficial owner of the interests held by EMG. The Reporting Person disclaims beneficial ownership of the securities held by EMG except to the extent of his pecuniary interest therein, which interest is a significant pecuniary interest. |
(2) | The Class B Shares, GP Units and AAP Units are collectively exchangeable for Class A shares representing limited partner interests in the Issuer (the "Class A Shares"). In connection with the closing of the initial public offering of the Issuer (the "Offering"), the limited partnership agreement of Plains AAP, L.P. was amended and restated to provide that each limited partner of Plains AAP, L.P., including EMG and Lynx, will have the right, at any time and from time to time, to immediately exchange (the "Exchange Right") its AAP Units, together with a like number of Class B Shares and GP Units, for Class A Shares on a one-for-one basis. The Exchange Right does not expire and may be settled in cash at the option of Plains AAP, L.P. As such, the Reporting Person may not be deemed to beneficially own the Class A Shares for purposes of Section 13d. |
(3) | The Reporting Person may have been deemed to beneficially own the AAP Units prior to the consummation of the Offering. |