4//SEC Filing
JP Energy Partners LP 4
Accession 0001140361-16-060262
CIK 0001523404operating
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 4:35 PM ET
Size
13.8 KB
Accession
0001140361-16-060262
Insider Transaction Report
Form 4
Barley Jason Patrick
DirectorSEE REMARKS
Transactions
- Award
PHANTOM UNITS (WITH DERs)
2016-04-01+50,000→ 66,666 total→ COMMON UNITS (50,000 underlying) - Exercise/Conversion
PHANTOM UNITS (WITH DERs)
2016-04-01−8,334→ 16,666 total→ COMMON UNITS (8,334 underlying) - Exercise/Conversion
COMMON UNITS (LIMITED PARTNER INTERESTS)
2016-04-01$5.33/sh+8,334$44,420→ 8,334 total - Tax Payment
COMMON UNITS (LIMITED PARTNER INTERESTS)
2016-04-01$5.33/sh−2,280$12,152→ 6,054 total
Holdings
- 17,663(indirect: By LLC)
COMMON UNITS (LIMITED PARTNER INTERESTS)
- 125,122(indirect: By LLC)
SUBORDINATED UNITS (LIMITED PARTNER INTERESTS)
→ COMMON UNITS (125,122 underlying)
Footnotes (6)
- [F1]The Reporting Person's disposal of the securities represents units withheld for satisfaction of a tax withholding obligation arising as a result of the partial vesting of phantom units granted previously.
- [F2]The units reported on this line are held for the benefit of the Reporting Person's children by JP Energy Holdings, LLC, which is owned by the Barley 2011 Family Trust.
- [F3]Each phantom unit is the economic equivalent of one common unit and is accompanied by a distribution equivalent right, entitling the holder to an amount equal to any cash distributions paid on each of the Partnership's common units.
- [F4]The phantom units vest in three equal annual installments commencing on each of the first, second and third anniversaries of the grant date.
- [F5]The phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer.
- [F6]Each subordinated unit will convert into one common unit at the end of the subordination period, as described in Registration Statement.
Documents
Issuer
JP Energy Partners LP
CIK 0001523404
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001523404
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 4:35 PM ET
- Size
- 13.8 KB