Preston Scott J 4
4 · Hi-Crush Partners LP · Filed May 18, 2018
Insider Transaction Report
Form 4
Preston Scott J
Chief Operating Officer
Transactions
- Award
Phantom Units
2018-05-16+36,364→ 36,364 total→ Common Units (36,364 underlying)
Footnotes (1)
- [F1]The reporting person is a participant in the Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan (the "Plan") and received 36,364 phantom units under the Plan on May 16, 2018. If thereporting person remains employed on May 16, 2021, 100% of the phantom units will vest at the end of such three-year vesting period. Each phantom unit represents the right to receive, upon vesting, onecommon unit representing limited partner interests in the Partnership, along with tandem distribution equivalent rights. The phantom units expire upon settlement.