TransMontaigne Partners L.P. 4
4 · TransMontaigne Partners L.P. · Filed Feb 6, 2008
Insider Transaction Report
Form 4
Davis Deborah A
SVP, Chief Accounting Officer
Transactions
- Award
Phantom Units
2008-02-05$30.13/sh+46.3$1,395→ 2,728.96 total→ Common Unit representing limited partner interest (46.3 underlying)
Footnotes (2)
- [F1]Each phantom unit represents the right to receive one common unit of TLP, or the cash value thereof.
- [F2]Phantom units will vest 50% on January 1, 2009 and 50% on January 1, 2010, but are subject to earlier vesting upon achieving certain age or service thresholds as defined in the Savings and Retention Plan (the "Plan") adopted and administered by TransMontaigne Inc. Upon vesting, phantom units may be paid out, in the sole discretion of the Plan administrator, in cash or in common units of TLP, or a combination thereof, in an amount equal to the value of the vested portion of reporting person's account.