Home/Filings/4/0001209191-14-021419
4//SEC Filing

Lehigh Gas Partners LP 4

Accession 0001209191-14-021419

$CAPLCIK 0001538849operating

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 4:23 PM ET

Size

8.6 KB

Accession

0001209191-14-021419

Insider Transaction Report

Form 4
Period: 2014-03-14
Transactions
  • Award

    Profits Interests

    2014-03-14+1,3011,301 total
    Exercise: $0.00Common Units (0 underlying)
  • Award

    Common Units

    2014-03-14+1,4871,487 total
Footnotes (3)
  • [F1]Represents common units issued under the Lehigh Gas Partners LP 2012 Incentive Award Plan as non-employee director compensation for the year ended December 31, 2013. The number of common units issued was based on the closing price ($26.89) of the Issuer's common units on March 13, 2014, the date prior to the grant date.
  • [F2]Represents Profits Interests in LGP Operations LLC, a subsidiary of the Issuer, which may be redeemed for cash or common units, at the discretion of the Issuer (on a basis that is no greater than one common unit of the Issuer (or cash equivalent) for each Profits Interest), no earlier than March 15 of any year beginning on March 15, 2016, as determined by the reporting person.
  • [F3]Profits Interests will vest on March 15, 2015, provided that the reporting person was in continuous service as a director as of December 31, 2014.

Issuer

Lehigh Gas Partners LP

CIK 0001538849

Entity typeoperating

Related Parties

1
  • filerCIK 0001538849

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:23 PM ET
Size
8.6 KB