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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Brattlof Paul W. 2330 NORTH LOOP 1604 WEST SAN ANTONIO, TX 78248 |
SVP - Trading and Supply |
/s/ Matthew D. Willcox, as Attorney-in-Fact for Paul W. Brattlof | 02/01/2011 | |
**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) | On January 28, 2011, the Compensation Committee of the Board of Directors of NuStar GP LLC, the general partner of NuStar Energy L.P.'s general partner, determined that NuStar Energy L.P.'s total unitholder return was in the top quartile of its peer group for 2010. As a result, the performance units granted to Mr. Brattlof in 2008, 2009 and 2010 that were available to vest for 2010 performance vested at 150%, in accordance with the applicable agreements. Under the agreements, performance units available to vest that do not vest in a given year are carried forward for one year. In addition, under the omnibus amendments to the applicable award agreements, performance units that would have lapsed in January 2010 were carried forward for an additional year. These carried-forward units vested at 100%, in accordance with the agreements. |