4//SEC Filing
CARLSON ERIK B 4
Accession 0001127602-13-005098
CIK 0001319229other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:38 PM ET
Size
8.7 KB
Accession
0001127602-13-005098
Insider Transaction Report
Form 4
CARLSON ERIK B
Executive VP, Secretary
Transactions
- Award
Phantom Units
2013-02-07+191.44→ 12,455.45 total→ Common Units Representing Limited Partner Interest (191.44 underlying) - Award
Phantom Units
2013-02-07+1,819.06→ 12,264.01 total→ Common Units Representing Limited Partner Interest (1,819.06 underlying)
Footnotes (4)
- [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 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 February 7, 2013 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.
- [F3]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.
- [F4]Represents additional phantom units granted to the Reporting Person under the Plan as a result of the quarterly distribution declared on the common units of TLP for the period ended December 31, 2012. 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.
Documents
Issuer
TransMontaigne Partners L.P.
CIK 0001319229
Entity typeother
Related Parties
1- filerCIK 0001187188
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:38 PM ET
- Size
- 8.7 KB