4//SEC Filing
JP Energy Partners LP 4
Accession 0001140361-17-011267
CIK 0001523404operating
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 6:11 PM ET
Size
9.5 KB
Accession
0001140361-17-011267
Insider Transaction Report
Form 4
Sherman Josh
Director
Transactions
- Exercise/Conversion
COMMON UNITS (LIMITED PARTNER INTERESTS)
2017-03-08+10,259→ 16,592 total - Disposition to Issuer
COMMON UNITS (LIMITED PARTNER INTERESTS)
2017-03-08−16,592→ 0 total - Exercise/Conversion
PHANTOM UNITS (WITH DERs)
2017-03-08−10,259→ 0 total→ COMMON UNITS (10,259 underlying)
Footnotes (2)
- [F1]Converted into common units of American Midstream Partners, LP ("AMID") in connection with the merger of the issuer into a wholly-owned subsidiary of AMID effective on March 8, 2017 (the "Merger"), On March 7, 2017, the last trading day of the issuer's common units, the closing price of issuer common units was $9.44 per unit and the closing price of AMID's common units was $16.45 per unit. Each issuer common unit outstanding held by the reporting person was converted into 0.5775 AMID common units at the effective time of the Merger.
- [F2]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 issuer's common units payable in cash. The phantom units and associated dividend equivalent rights vested immediately prior to the closing of the Merger and upon such vesting converted into common units and cash, respectively.
Documents
Issuer
JP Energy Partners LP
CIK 0001523404
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001523404
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 6:11 PM ET
- Size
- 9.5 KB