SMITH WILLIAM A 4
4 · EAGLE ROCK ENERGY PARTNERS L P · Filed May 18, 2011
Insider Transaction Report
Form 4
SMITH WILLIAM A
Director
Transactions
- Award
Common Units Representing Limited Partner Interest
2011-05-16+5,435→ 34,914 total - Exercise of In-Money
Common Units Representing Limited Partner Interest
2011-05-16$6.00/sh+7,642$45,852→ 42,556 total - Exercise of In-Money
Warrants
2011-05-16−7,642→ 0 totalExercise: $6.00From: 2010-08-15Exp: 2012-05-15→ Common Units (7,642 underlying)
Footnotes (2)
- [F1]Annual independent-director award of restricted common units with a grant-date fair market value of $60,000. Such restricted common units vest (i.e., restrictions lapse) in substantially equal one-third (1/3) increments on each of May 15, 2012, May 15, 2013 and May 15, 2014.
- [F2]Represents the exercise of warrants to purchase common units of Eagle Rock Energy Partners, L.P.