Hi-Crush Partners LP 4
4 · Hi-Crush Partners LP · Filed Jun 5, 2017
Insider Transaction Report
Form 4
Barker William E
Vice President
Transactions
- Exercise/Conversion
Phantom Units
2017-06-02−1,024→ 36,835 totalExercise: $0.00From: 2017-06-02Exp: 2017-06-02→ Common Units (1,024 underlying) - Exercise/Conversion
Common Units
2017-06-02+1,024→ 15,762 total
Footnotes (2)
- [F1]The reporting person is a participant in the Hi-Crush Partners LP Long-Term Incentive Plan (the "Plan") and received 1,024 phantom units under the Plan on June 2, 2014. Such phantom units vested on June 2, 2017, as the reporting person remained employed during the three-year period. Each phantom unit represents the right to receive, upon vesting, one common unit representing limited partner interests in Hi-Crush Partners LP (the "Partnership"), along with tandem distribution equivalent rights (DERs). The DERs are payable in cash. The phantom units expire upon settlement.
- [F2]Includes all phantom units beneficially owned by the reporting person following this reported transaction, including previously reported phantom units with varying vesting terms.