Ownership Submission
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 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
LG Propylene LLC
   2. Issuer Name and Ticker or Trading Symbol
PetroLogistics LP [PDH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
630 FIFTH AVENUE, 30TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
01/02/2014
(Street)

NEW YORK, NY 10111		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 representing limited partner interests 01/02/2014   J(1)(2)   5,131,250 D (2) 66,228,320 I See footnotes (1), (2)
Common Units representing limited partner interests 01/02/2014   J(1)(2)   3,462,478 A (2) 69,690,798 I See footnotes (1), (2)

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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 (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)
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
LG Propylene LLC
630 FIFTH AVENUE
30TH FLOOR
NEW YORK, NY 10111		   X   X    
GOLDBERG ALAN E
630 FIFTH AVENUE, 30TH FLOOR
NEW YORK, NY 10111		   X      
Lindsay Robert D
630 FIFTH AVENUE
30TH FLOOR
NEW YORK, NY 10111		   X      

Signatures

 /s/ Alan E. Goldberg, authorized signatory on behalf of LG Propylene LLC   01/09/2014
**Signature of Reporting Person Date
 /s/ Alan E. Goldberg   01/09/2014
**Signature of Reporting Person Date
 /s/ Robert D. Lindsay   01/09/2014
**Signature of Reporting Person Date

Explanation of Responses:

* 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) LG Propylene LLC ("LG Propylene") has the right to appoint six members of the board of managers of PL Manufacturing LLC ("Manufacturing"). LG Propylene may be deemed to beneficially own the common units representing limited partner interests ("Common Units") in PetroLogistics LP (the "Partnership") held of record by Manufacturing, but disclaim beneficial ownership except to the extent of its pecuniary interests therein. Alan E. Goldberg and Robert D. Lindsay (together with LG Propylene, the "Reporting Persons") control LG Propylene through a series of affiliated investments funds and may be deemed to beneficially own the Common Units held of record by each of LG Propylene and by Manufacturing, but each disclaims beneficial ownership, except to the extent of Messrs. Goldberg's and Lindsay's respective pecuniary interests therein.
(2) On January 2, 2014, Manufacturing distributed, pro rata, a total of 5,131,250 Common Units to its members, including of 3,462,478 Common Units to the reporting person. This transaction resulted in a net decrease in beneficial ownership of the Reporting Persons of 1,668,772 Common Units.
 
Remarks:
Messrs. Goldberg and Lindsay serve on the board of directors of the Partnership's general partner.  LG Propylene may be deemed a "director by deputization" of the Partnership by virtue of this fact and the fact that Lance Hirt, Jaime Buehl-Reichard and Andrew S. Weinberg also serve as directors of the general partner of the Partnership as designees of LG Propylene.

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