QEP Midstream Partners, LP 4
4 · QEP Midstream Partners, LP · Filed Feb 18, 2014
Insider Transaction Report
Form 4
Richards Perry H
DirectorSee Remarks
Transactions
- Award
Phantom Units
2014-02-13$23.68/sh+2,112$50,012→ 4,612 total→ Common Units (2,112 underlying)
Footnotes (3)
- [F1]Each Phantom Unit is the economic equivalent of one Common Unit of the Issuer.
- [F2]Vests in three equal annual installments on each of March 5, 2015, 2016 and 2017, subject to acclerated vesting upon the occurrence of certain events and the Reporting Person's continued service with the Issuer through the applicable vesting dates.
- [F3]The Phantom Units do not expire. They are settled upon vesting in Common Units (on a one for one basis) or cash representing the fair market value of such Common Units, at the discretion of the Issuer.