4//SEC Filing
TransMontaigne Partners L.P. 4
Accession 0001104659-15-077558
CIK 0001319229operating
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 12:17 PM ET
Size
6.5 KB
Accession
0001104659-15-077558
Insider Transaction Report
Form 4
Pound Gregory J
President, COO
Transactions
- Award
Phantom Units
2015-11-06+234.97→ 10,782.114 total→ Common Units Representing Limited Partner Interest (234.97 underlying)
Footnotes (3)
- [F1]Each phantom unit represents the right to receive one common unit of TransMontaigne Partners L.P. ("TLP"), or the cash value thereof.
- [F2]Represents additional phantom units granted to the Reporting Person under the Amended and Restated Savings and Retention Plan ("Plan") as a result of the quarterly distribution declared on the common units of TLP for the period ended September 30, 2015. Under the Plan, in lieu of a cash distribution in respect of phantom units, each Plan participant receives additional phantom units equal in value to the aggregate quarterly distribution allocable to the phantom units held by such participant.
- [F3]Phantom units awarded under the Plan vest 50% as of the January 1 that falls closes to the second anniversary of the grant date, with the remaining 50% vesting as of the January 1 that falls closest to the third anniversary of the grant date. The phantom units are subject to earlier vesting upon achieving certain age or service thresholds as defined in the Plan. Upon vesting, phantom units may be paid out, in the sole discretion of the Plan Administrator, in cash or in common units of TLP, or a combination thereof.
Documents
Issuer
TransMontaigne Partners L.P.
CIK 0001319229
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001319229
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 12:17 PM ET
- Size
- 6.5 KB