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OILT > SEC Filings for OILT > Form 8-K on 16-Jul-2014All Recent SEC Filings

Show all filings for OILTANKING PARTNERS, L.P.



Material Modification to Rights of Security Holders, Amendments to Arti

Item 3.03 Material Modification to Rights of Security Holders.

On July 14, 2014, OTLP GP, LLC, the general partner (the "General Partner") of Oiltanking Partners, L.P. (the "Partnership"), executed Amendment No. 1 (the "Amendment") to the Partnership's First Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement"), which defines the rights of the holders of partnership interests in the Partnership. The Amendment was executed in connection with the previously announced two-for-one split of the Partnership's common and subordinated units, which was completed on July 14, 2014 (the "July 2014 Unit Split").

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

As noted above in Item 3.03 of this Current Report on Form 8-K, the General Partner amended the Partnership Agreement on July 14, 2014. The Amendment provides, among other things, for the proportionate adjustment of the Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, and Third Target Distribution, in connection with the July 2014 Unit Split.

The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 3.1 hereto and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

3.1 Amendment No. 1 to First Amended and Restated Agreement of Limited Partnership of Oiltanking Partners, L.P., dated July 14, 2014.

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