OEHLERT MICHAEL A 4
4 · Hi-Crush Inc. · Filed Sep 13, 2019
Insider Transaction Report
Form 4
OEHLERT MICHAEL A
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-08-01−21,084→ 46,763 total→ Common Stock (21,084 underlying) - Exercise/Conversion
Common Stock
2019-08-01+21,084→ 77,084 total
Footnotes (3)
- [F1]The reporting person is a participant in Hi-Crush Inc.'s Long Term Incentive Plan (the "Plan") and received 42,168 time-based phantom units on August 1, 2017, under the Plan, which were subsequently converted to restricted stock units ("RSUs") on May 31, 2019. Fifty percent of such RSUs vested on August 1, 2019. Each RSU represents the right to receive, upon vesting, one share of common stock, along with tandem distribution equivalent rights.
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]Includes all RSUs beneficially owned by the reporting person following this reported transaction, including previously reported RSUs with varying vesting terms.