Plan Category
(a)
Number of securities to be issued upon exercise of outstanding options, warrants and rights
(b) Weighted average
exercise price of outstanding options, warrants and rights
(c)
Number of securities remaining available for future issuance
under equity compensation plans, excluding securities reflected in column (a)
Equity compensation plans approved by
security holders — — —
Equity compensation plans not
approved by security holders (2) 1,960,529 — 687,289
Total 1,960,529 — 687,289
NOTES TO TABLE:
(1) The amounts in column (a) of this table reflect only restricted units that have been granted under the LTIP since its inception. No
unit options have been granted under the LTIP. Each restricted unit shown in the table represents a right to receive (upon vesting and payout) a specified number of our common units. Vesting and payout may be conditioned upon achievement of pre-determined financial or other performance objectives for, or attainment of certain length of service goals with us and our affiliates. No value is shown in column (b) of the table, since the restricted units do not have an exercise, or "strike," price. For illustrative purposes, a target payout (i.e., a 100 percent ratio) has been assumed for vesting and payout of grants conditioned only upon service.
Beneficial Ownership Tables
The following table sets forth the beneficial ownership of our common units by directors of Sunoco Partners LLC (our general partner), by each NEO and by directors and NEOs of Sunoco Partners LLC as a group, as of February 25, 2015. Unless otherwise noted, each individual exercises sole voting or investment power over the Partnership common units shown in the table. ETP owns a 99.9 percent equity interest in our general partner, and the remaining 0.1 percent equity interest is owned by ETE Holdings.
Name of Beneficial Owner(1)
Number of Common Units Beneficially Owned(2) Percentage of Common Units Beneficially Owned
Energy Transfer Partners, L.P. (3) 67,061,274 29.2%
Steven R. Anderson 10,000 *
Scott A. Angelle — *
Basil Leon Bray 1,500 *
Michael J. Hennigan (4) 344,383 *
Thomas P. Mason — *
Marshall S. ("Mackie") McCrea, III 31,740 *
Martin Salinas, Jr. 14,169 *
Jamie Welch — *
Kathleen Shea-Ballay 49,062 *
Kurt A. Lauterbach 97,884 *
David R. Chalson 81,320 *
All directors and executive officers as a group (11 persons) 630,058 *
* Less than 0.5 percent. NOTES TO TABLE:
(1) The address of each beneficial owner named above, other than ETP, is: 1818 Market Street, Suite 1500, Philadelphia, PA 19103. (2) Beneficial ownership for the purposes of the foregoing table is defined by Rule 13d-3 under the Exchange Act. Under that rule, a
person is generally considered to be the beneficial owner of a security if he has or shares the power to vote or direct the voting thereof or to dispose or direct the disposition thereof or has the right to acquire either of those powers within sixty (60) days.
(3) ETP's address is 3738 Oak Lawn Avenue, Dallas, TX 75219.
(4) Mr. Hennigan's spouse has voting and investment power with respect to 14,400 of these units.
In addition to the foregoing, Tortoise Capital Advisors, L.L.C., a Delaware limited liability company, filed a Schedule 13G on February 10, 2015 to report that, as of December 31, 2014, it had sole voting and dispositive power over 24 common units of the Partnership, shared voting power over 17,518,446 common units of the Partnership, shared dispositive power over 19,029,759 common units of the Partnership, and beneficial ownership of 19,029,783 common units of the Partnership, representing 8.3 percent of the total outstanding common units of the Partnership, as of February 25, 2015. The principal business address given for Tortoise Capital Advisors, L.L.C. in the Schedule 13G is 11550 Ash Street, Suite 300, Leawood, Kansas 66211.
OppenheimerFunds, Inc., a Colorado corporation, filed a Schedule 13G on February 2, 2015 to report that, as of
December 31, 2014, it had shared voting and dispositive power over 11,814,716 common units of the Partnership, representing 5.2 percent of the total outstanding common units of the Partnership, as of February 25, 2015. OppenheimerFunds, Inc. disclaims beneficial ownership of the 11,814,716 common units of the Partnership pursuant to Rule 13d-4 of the Exchange Act. The principal business address given for OppenheimerFunds, Inc. in the Schedule 13G is Two World Financial Center, 225 Liberty Street, New York, New York 10281.
Goldman Sachs Asset Management, L.P., a Delaware limited partnership, together with GS Investment Strategies, LLC, a Delaware limited liability company (together, "Goldman Sachs Asset Management"), filed a Schedule 13G on February 13, 2015 to report that, as of December 31, 2014, it had shared voting and dispositive power over and beneficial ownership of 11,653,893 common units of the Partnership, representing 5.1 percent of the total outstanding common units of the Partnership, as of February 25, 2015. The principal business address given for Goldman Sachs Asset Management in the Schedule 13G is
The following table sets forth certain information regarding beneficial ownership of the common units representing limited partnership interests of ETP as of February 25, 2015 by directors of our general partner, by each NEO and by all directors and NEOs of our general partner as a group. Unless otherwise noted, each individual exercises sole voting or investment power over the ETP common units shown in the table.
Name of Beneficial Owner
Common Units of Energy Transfer Partners, L.P. Beneficially Owned(1) Percentage of Energy Transfer Partners, L.P Common Units Beneficially Owned Steven R. Anderson 10,025 * Scott A. Angelle — *
Basil Leon Bray 2,650 *
Michael J. Hennigan 7,333 *
Thomas P. Mason (2) 97,629 *
Marshall S. ("Mackie") McCrea, III (2) 283,154 *
Martin Salinas, Jr. (2) 53,325 *
Jamie Welch (2) (3) 20,000 *
Kathleen Shea-Ballay 879 *
Kurt A. Lauterbach — *
David R. Chalson — *
All directors and executive officers as a group (11 persons) 474,995 *
* Less than 0.5 percent. NOTES TO TABLE:
(1) Beneficial ownership for the purposes of the foregoing table is defined by Rule 13d-3 under the Exchange Act. Under that rule, a
person is generally considered to be the beneficial owner of a security if he has or shares the power to vote or direct the voting thereof or to dispose or direct the disposition thereof or has the right to acquire either of those powers within sixty (60) days.
(2) Due to their positions as directors of the general partner of ETE, certain officers and directors of our general partner, who are also
officers or directors of ETE's general partner, may be deemed to own beneficially certain limited partnership interests in ETP, held by ETE, to the extent of their respective interests therein. Any such deemed ownership is not reflected in the table.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR