ATLAS PIPELINE PARTNERS LP 4
4 · ATLAS PIPELINE PARTNERS LP · Filed Oct 9, 2014
Insider Transaction Report
Form 4
BANKS TONY C
Director
Transactions
- Exercise/Conversion
Common Units
2014-10-07+264→ 4,849 total - Exercise/Conversion
Phantom Units
2014-10-07−264→ 0 total→ Common Units (264 underlying)
Footnotes (1)
- [F1]The reporting person is a participant in the Atlas Pipeline Partners, L.P. (the "Partnership") 2010 Long Term Incentive Plan (the "Plan"). The reporting person received 1,050 phantom units under the 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 beginning on the anniversary of the grant date. The reporting person elected to receive common units. The units are receivable without additional consideration.