4//SEC Filing
Moxley Joel D 4
Accession 0001179110-18-009411
CIK 0001547638other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 6:51 PM ET
Size
9.1 KB
Accession
0001179110-18-009411
Insider Transaction Report
Form 4
Moxley Joel D
See Remarks
Transactions
- Exercise/Conversion
Phantom Units
2018-07-01−15,000→ 0 total→ Common Units (15,000 underlying) - Exercise/Conversion
Common Units (Limited Partnership Interests)
2018-07-01+15,000→ 35,294 total - Tax Payment
Common Units (Limited Partnership Interests)
2018-07-01$1.55/sh−3,653$5,662→ 31,641 total
Footnotes (3)
- [F1]On July 1, 2018, one-third of the 45,000 phantom units awarded to the Reporting Person on July 1, 2015 vested. All of such vested phantom units were settled in common units (on a one-for-one basis) that were issued to the Reporting Person on such date.
- [F2]One-third of the 45,000 phantom units vest on each of the first, second, and third anniversaries of the grant date (July 1, 2015), subject to continued employment and accelerated vesting as provided in the underlying award agreement. The Reporting Person received, and will receive, distribution equivalent rights for each phantom unit, providing for payment on each vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the reported phantom units.
- [F3]The phantom units do not expire. Upon vesting, the phantom units are settled in common units (on a one-for-one basis).
Documents
Issuer
Southcross Energy Partners, L.P.
CIK 0001547638
Entity typeother
Related Parties
1- filerCIK 0001303621
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 6:51 PM ET
- Size
- 9.1 KB