Rice Robert Edward 4
4 · Archrock Partners, L.P. · Filed Mar 6, 2018
Insider Transaction Report
Form 4
Rice Robert Edward
Senior Vice President
Transactions
- Exercise/Conversion
Common Units
2018-03-04+8,119→ 25,593 total - Tax Payment
Common Units
2018-03-04$13.10/sh−1,978$25,912→ 23,615 total - Exercise/Conversion
Phantom Units with tandem DERs
2018-03-04−1,742→ 0 totalExercise: $0.00→ Common Units (1,742 underlying) - Exercise/Conversion
Phantom Units with tandem DERs
2018-03-04−6,377→ 6,378 totalExercise: $0.00→ Common Units (6,377 underlying)
Footnotes (2)
- [F1]This transaction represents the vesting of one-third of the phantom units granted to the reporting person under the Archrock Partners, L.P. Long-Term Incentive Plan. Each phantom unit vested in the form of a common unit. Pursuant to applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units is reported on this Form 4 as a disposition of the phantom units being settled and a simultaneous acquisition of the underlying common units.
- [F2]Issuer withheld the maximum allowable units to satisfy the tax withholding obligations associated with the vesting of phantom units.