Cypress Energy Partners, L.P. 4
4 · Cypress Energy Partners, L.P. · Filed Feb 3, 2017
Insider Transaction Report
Form 4
Austin George L
SEE REMARKS
Transactions
- Exercise/Conversion
Phantom Units (Limited Partner Interests)
2017-02-01−3,427→ 6,856 total→ Common Units (Limited Partner Interests) (3,427 underlying) - Exercise/Conversion
Common Units (Limited Partner Interests)
2017-02-01+3,427→ 3,427 total - Tax Payment
Common Units (Limited Partner Interests)
2017-02-01$13.44/sh−1,290$17,338→ 2,137 total
Holdings
- 14,544(indirect: By Trust)
Common Units (Limited Partner Interests)
Footnotes (4)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]Includes 3,044 common units previously held directly by the Reporting Person which were transferred to the George L. Austin Trust on July 7, 2016 and are now owned indirectly.
- [F3]On February 1, 2014, the Reporting Person was granted 10,283 phantom units which vest in three substantially equal installments on each of February 1, 2017, 2018 and 2019.
- [F4]The phantom units expire upon settlement. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer.