Sec Form 4 Filing - GRAZIADIO G LOUIS III @ World Point Terminals, LP - 2015-06-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
GRAZIADIO G LOUIS III
2. Issuer Name and Ticker or Trading Symbol
World Point Terminals, LP [ WPT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O WORLD POINT TERMINALS, LP, 8235 FORSYTH BOULEVARD, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
06/25/2015
(Street)
ST. LOUIS, MO63105
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Units (Limited Partner Interests) 06/25/2015 S 10,600 D $ 17.5608 9,698 I Note 1
Common Units (Limited Partner Interests) 14,200 ( 1 ) D
Common Units (Limited Partner Interests) 700 I By Wife
Common Units (Limited Partner Interests) 5,600 I By Minor Children
Common Units (Limited Partner Interests) 5,000 I Note 2
Common Units (Limited Partner Interests) 2,000 I Note 3
Common Units (Limited Partner Interests) 5,000 I Note 4
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GRAZIADIO G LOUIS III
C/O WORLD POINT TERMINALS, LP
8235 FORSYTH BOULEVARD, SUITE 400
ST. LOUIS, MO63105
X See Remarks
Signatures
/s/ Jonathan Q. Affleck, Attorney-in-Fact for G. Louis Graziadio III 06/26/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Does not include 28,000 shares owned by the George and Reva Graziadio Foundation (the "Foundation"), a charitable foundation established by Mr. Graziadio's parents, as to which Mr. Graziadio has no beneficial ownership or pecuniary interest. Mr. Graziadio is one of three directors of the Foundation and does not have the right to control disposition of the shares owned by the Foundation.

Remarks:
The Reporting Person is a director of WPT GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner. Note 1. Shares are owned by Graziadio Family Trust, u/d/t 10/13/75 ("GFT"), an irrevocable trust established by Mr. Graziadio for the benefit of his children. Mr. Graziadio is neither a trustee nor a beneficiary of GFT and disclaims beneficial ownership of the shares owned by GFT. Note 2. Shares are owned by the Graziadio Dynasty Trust II f/b/o G. Louis Graziadio III, a trust established by Mr. Graziadio as to which he is both a trustee and a beneficiary. Note 3. Shares are owned by Ginarra Partners, L.L.C., a California limited liability company ("Partners"), which is majority owned by GFT (see Note 1 above). The remaining equity interest in Partners is owned by Gina-Carra Partnership ("Gina-Carra"), a limited partnership of which Mr. Graziadio is the Trustee of each of the general partners, which are trusts for the benefit of Mr. Graziadio's children. Mr. Graziadio disclaims beneficial ownership of the shares owned by Partners, except to the extent of any pecuniary interest therein. Note 4. Shares are owned by Gina-Carra Partnership, consisting of trusts for the benefit of Mr. Graziadio's children (see Note 3 above).

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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