Marlin Midstream Partners, LP 4
4 · Marlin Midstream Partners, LP · Filed Jul 31, 2013
Insider Transaction Report
Form 4
Baggett David C
Director
Transactions
- Award
Phantom Units
2013-07-31+5,000→ 5,000 totalFrom: 2014-02-15→ Common Units (5,000 underlying) - Purchase
Common Units representing limited partner interests
2013-07-31$20.00/sh+12,000$240,000→ 12,000 total
Footnotes (3)
- [F1]Purchased as part of the Directed Unit Program associated with the Issuer's initial public offering.
- [F2]Each phantom unit is the economic equivalent of one common unit (limited partner interest) and will entitle the grantee to receive one common unit or an amount of cash equal to the fair market value of a common unit upon the vesting of the phantom unit.
- [F3]Phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis), or upon cash exchange, as detailed above.