Lehigh Gas Partners LP 4
4 · Lehigh Gas Partners LP · Filed Mar 18, 2014
Insider Transaction Report
Form 4
Wiss Robert L.
Director
Transactions
- Award
Common Units
2014-03-14+1,487→ 61,661 total - Award
Phantom Units
2014-03-14+2,045→ 2,045 totalExercise: $0.00→ Common Units (0 underlying)
Footnotes (2)
- [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 common units on March 13, 2014, the date prior to the grant date.
- [F2]Phantom units will vest on March 15, 2015, provided the reporting person was in continuous service as a director as of December 31, 2014, and, when vested, can be converted into either cash or common units, at the discretion of the Issuer. Each phantom unit is the economic equivalent of one common unit representing a limited partner interest in Lehigh Gas Partners LP.