Emerge Energy Services LP 4
4 · Emerge Energy Services LP · Filed Jul 7, 2015
Insider Transaction Report
Form 4
SHEARER RICHARD J
Chief Executive Officer
Transactions
- Gift
COMMON UNITS
2014-11-19−15,000→ 238,144 total - Gift
COMMON UNITS
2014-11-19+15,000→ 15,000 total(indirect: By Trust) - Gift
COMMON UNITS
2015-01-14−15,000→ 0 total(indirect: By Trust) - Award
COMMON UNITS
2015-07-01+13,623→ 251,767 total - Award
PERFORMANCE BASED PHANTOM UNITS
2015-07-01+13,623→ 13,623 totalExp: 2020-07-01→ COMMON UNITS (13,623 underlying)
Footnotes (3)
- [F1]Represents restricted units that will vest in three equal tranches on July 1, 2016, 2017 and 2018 and are settled in common units upon vesting on a one for one basis.
- [F2]Each performance based phantom unit ("PPU") is the economic equivalent of one common unit and is settled in common units upon vesting on a one for one basis.
- [F3]Each PPU vests upon performance based on increases in the price of the common units, as noted in the Phantom Unit Agreement, subject to continued employment.