Atlas Resource Partners, L.P. 4
4 · Atlas Resource Partners, L.P. · Filed May 17, 2012
Insider Transaction Report
Form 4
Jones Matthew
DirectorPresident and COO
Transactions
- Award
Unit Options (right to buy)
2012-05-15+225,000→ 225,000 totalExercise: $24.67Exp: 2022-05-15→ Common Units (225,000 underlying) - Award
Common Units
2012-05-15+100,000→ 103,273 total
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 100,000 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 225,000 options under the Plan on May 15, 2012. The options vest 25% per year.