EXTERRAN PARTNERS, L.P. 4
4 · EXTERRAN PARTNERS, L.P. · Filed Nov 2, 2011
Insider Transaction Report
Form 4
DANNER ERNIE L
DirectorPresident and COO
Transactions
- Exercise/Conversion
Common Units
2011-10-31+20,546→ 141,214 total - Tax Payment
Common Units
2011-10-31$24.60/sh−7,491$184,279→ 133,723 total - Exercise/Conversion
Phantom Units with tandem DERs
2011-10-31−2,914→ 0 total→ Common Units (2,914 underlying) - Exercise/Conversion
Phantom Units with tandem DERs
2011-10-31−6,701→ 0 total→ Common Units (6,701 underlying) - Exercise/Conversion
Phantom Units with tandem DERs
2011-10-31−8,070→ 0 total→ Common Units (8,070 underlying) - Exercise/Conversion
Phantom Units with tandem DERs
2011-10-31−2,861→ 0 total→ Common Units (2,861 underlying)
Footnotes (2)
- [F1]This transaction represents the vesting of all outstanding phantom units with tandem Distribution Equivalent Rights (DERs) granted to the reporting person under the Exterran Partners, L.P. Long-Term Incentive Plan (EXLP LTIP). Each phantom unit vested in the form of a common unit. The vested DERs are paid in cash pursuant to the award agreement. Pursuant to applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units of EXLP is reported on this Form 4 as a disposition of the phantom units being settled and a simultaneous acquisition of the underlying common units.
- [F2]The issuer withheld the maximum allowable units to satisfy the tax withholding obligations associated with the vesting of phantom units.