4//SEC Filing
Kilstrom Kevin J. 4
Accession 0001104659-19-014956
CIK 0001623925other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 9:28 PM ET
Size
10.9 KB
Accession
0001104659-19-014956
Insider Transaction Report
Form 4
Kilstrom Kevin J.
SVP-Production
Transactions
- Disposition to Issuer
Common Shares representing limited partner interests
2019-03-12−917,548→ 0 total - Award
Common Stock
2019-03-12+917,548→ 917,548 total - Award
Common Stock
2019-03-12+53,719→ 971,267 total - Award
Common Stock
2019-03-12+39,886→ 1,011,153 total
Footnotes (3)
- [F1]On March 12, 2019, in connection with the conversion of Antero Midstream GP LP ("AMGP") from a limited partnership to a corporation named Antero Midstream Corporation ("New AM") under the laws of the State of Delaware, each common share representing limited partnership interests of AMGP was converted into one share of common stock of New AM ("New AM Common Stock").
- [F2]Received in exchange for 32,856 common units representing limited partnership interests ("AM Common Units") of Antero Midstream Partners LP ("AM") pursuant to the Simplification Agreement (the "Simplification Agreement"), dated as of October 9, 2018, by and among the Issuer, AM and certain of their affiliates. Pursuant to the Simplification Agreement, holders of AM Common Units (other than Antero Resources Corporation) received, in exchange for each AM Common Unit held, (i) $3.415 in cash without interest and 1.6350 shares of New AM Common Stock, (ii) 1.8926 shares of New AM Common Stock, or (iii) $10.1364 in cash and 1.1279 shares of New AM Common Stock.
- [F3]Pursuant to the Simplification Agreement, each phantom unit issued by Antero Midstream Partners LP ("Phantom Unit") was converted into the right to receive 1.8926 restricted stock units (the "RSUs"), each settleable in one share of New AM Common Stock. The RSUs will be subject to the following vesting schedule: (i) 15,593 RSUs will vest as to one half on each of April 15, 2019 and April 15, 2020; and (ii) 24,293 RSUs will vest as to one third on each of April 15, 2019, April 15, 2020 and April 15, 2021.
Documents
Issuer
Antero Midstream Corp
CIK 0001623925
Entity typeother
Related Parties
1- filerCIK 0001586805
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 9:28 PM ET
- Size
- 10.9 KB