Marlin Midstream Partners, LP 4
4 · Marlin Midstream Partners, LP · Filed Aug 23, 2013
Insider Transaction Report
Form 4
Jenness Charles W.
Director
Transactions
- Award
Phantom Units
2013-08-15+5,000→ 5,000 total→ Common Units (5,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]The phantom units held by Mr. Jenness vest in full on February 15, 2014.
- [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.