Atlas Resource Partners, L.P. 4
4 · Atlas Resource Partners, L.P. · Filed May 17, 2012
Insider Transaction Report
Form 4
Washington Lisa
CLO and Secretary
Transactions
- Award
Common Units
2012-05-15+10,000→ 10,333 total - Award
Unit Options (right to buy)
2012-05-15+12,500→ 12,500 totalExercise: $24.67Exp: 2022-05-15→ Common Units (12,500 underlying)
Footnotes (3)
- [F1]The reporting person is a participant in the Atlas Resource Partners, L.P. (the "Partnership") 2012 Long-Term Incentive Plan (the "Plan"). The reporting person received 10,000 phantom units under the Plan on May 15, 2012. Each phantom unit represents the right to receive, upon vesting, one common unit of the Partnership. The phantom units in the Plan vest 25% per year. The units are receivable without additional consideration.
- [F2]In connection with the Partnership's spin-off from Atlas Energy, L.P. ("ATLS"), the Partnership's common units were distributed to ATLS unitholders using a ratio of 0.1021 to 1. The reporting person's units set forth in this report have been adjusted accordingly.
- [F3]The reporting person received 12,500 options under the Plan on May 15, 2012. The options vest 25% per year.