ATLAS PIPELINE PARTNERS LP 4
4 · ATLAS PIPELINE PARTNERS LP · Filed Oct 9, 2014
Insider Transaction Report
Form 4
STAINES MICHAEL L
Director
Transactions
- Exercise/Conversion
Phantom Units
2014-10-07−275→ 0 total→ Common Units (275 underlying) - Exercise/Conversion
Common Units
2014-10-07+275→ 13,628 total - Disposition to Issuer
Common Units
2014-10-07$36.01/sh−275$9,903→ 13,353 total
Footnotes (1)
- [F1]The reporting person is a participant in the Atlas Pipeline Partners, L.P. (the "Partnership") 2010 Long Term Incentive Plan (the "2010 Plan") and received 1,097 phantom units under the 2010 Plan on October 7, 2010. Each phantom unit represents the right to receive, upon vesting, either one common unit of limited partner interest of the Partnership or its then fair market value in cash. The phantom units vest 25% per year. With respect to the vesting that occurred on October 7, 2014, the reporting person elected to receive cash in lieu of common units for 275 units.