4//SEC Filing
Majors Ronald A 4
Accession 0001127602-12-003763
CIK 0001319229other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 6:13 PM ET
Size
9.3 KB
Accession
0001127602-12-003763
Insider Transaction Report
Form 4
Majors Ronald A
Senior Vice President
Transactions
- Award
Phantom Units
2011-02-08+20.85→ 1,407.97 total→ Common Units Representing Limited Partner Interest (20.85 underlying) - Award
Phantom Units
2012-01-31+903.35→ 2,311.32 total→ Common Units Representing Limited Partner Interest (903.35 underlying)
Footnotes (5)
- [F1]Each phantom unit represents the right to receive one common unit of 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 (the "Plan") as a result of the quarterly distribution declared on the common units of TransMontaigne Partners L.P. for the period ended December 31, 2010. 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]Such acquisition was inadvertently not reported on form 4. Such phantom units also were omitted from Table II of three Form 4s filed subsequent to such acquisition.
- [F4]Phantom units awarded under the Plan vest 50% as of the January 1 that falls closest 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.
- [F5]Represents the portion of the award granted under the Amended and Restated Savings and Retention Plan (the "Plan") by the Board of Directors of TransMontaigne Inc. on January 31, 2012 that has been deemed to be invested in "phantom units," as if invested in an investment fund that tracks the financial performance of the common units of TLP. There are various other investment funds available under the Plan and any portion of a grant not deemed to be invested in phantom units is not included in this Report. The awards were allocated among the investment funds available under the Plan, including phantom units, after the close of the market on January 31, 2012.
Documents
Issuer
TransMontaigne Partners L.P.
CIK 0001319229
Entity typeother
Related Parties
1- filerCIK 0001496587
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 6:13 PM ET
- Size
- 9.3 KB