PennTex Midstream Partners, LP 4
4 · PennTex Midstream Partners, LP · Filed Aug 14, 2015
Insider Transaction Report
Form 4
Jones Steven R
SEE REMARKS
Transactions
- Purchase
COMMON UNITS
2015-08-12$15.72/sh+204$3,207→ 204 total - Purchase
COMMON UNITS
2015-08-13$16.59/sh+7,796$129,336→ 8,000 total
Holdings
- 49,000
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
→ COMMON UNITS (LIMITED PARTNER INTERESTS) (49,000 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is an average price. These common units were purchased in multiple transactions at prices ranging from $16.21 to $16.70, inclusive. The Reporting Person undertakes to provide to PTXP, any security holder of PTXP, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within this range.
- [F2]The phantom units expire upon settlement. Upon vesting, the phantom units are settled in common units (on a one-for-one basis) or, at the discretion of the Issuer, in cash.
- [F3]The phantom units vest in the following intervals: (i) 16,334 phantom units on June 10, 2016, (ii) 16,333 phantom units on June 10, 2017 and (iii) 16,333 phantom units on June 10, 2018.
- [F4]Represents phantom units previously granted under the PennTex Midstream Partners, LP 2015 Long-Term Incentive Plan.