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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 |
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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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Subordinated Units Representing Limited Partner Interests | $ 0 | 03/03/2005 | S | 10,465,000 | (3) | (4) | Common Units Representing Limited Partner interests | 10,465,000 | $ 0 (2) | 0 | I | By Pacific Energy GP, Inc. (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ANSCHUTZ PHILIP F 555 17TH STREET, SUITE 2400 DENVER, CO 80202 |
X |
/s/ Bob Swysgood, Attorney in fact | 03/07/2004 | |
**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) | This Common Unit is owned solely by Mr. Anschutz. |
(2) | On March 3, 2005, all of the ownership interests of Pacific GP, Inc., the record owner of the the Subordinated Units and a 2.0% General Partner interest in Pacific Energy Partners, L.P., were sold by PPS Holding Company. Mr. Anschutz is the 100% owner of Anschutz Company, which is the 100% owner of The Anschutz Corporation. The Anschutz Corporation is the 100% owner of PPS Holding Company. |
(3) | The Subordinated Units may be converted into an equal number of Common Units upon satisfaction of the conditions described in the First Amended and Restated Agreement of Limited Partnership of Pacific Energy Partners, L.P. |
(4) | There is no expiration date. The Subordinated Units will convert into Common Units on the first to occur of (i) the first day of any quarter beginning after June 2007 if certain conditions specified in the First Amended and Restated Agreement of Limited Partnership of Pacific Energy Partners, L.P. are met and (ii) the date which Pacific Energy GP, Inc. (or its successor in interest) is removed as general partner of Pacific Energy Partners, L.P. under certain conditions specified in the First Amended and Restated Agreement of Limited Partnership of Pacific Energy Partners, L.P. |