Western Refining Logistics, LP 4
4 · Western Refining Logistics, LP · Filed Aug 22, 2014
Insider Transaction Report
Form 4
Atterbury Andrew L
Director
Transactions
- Award
Phantom Unit
2014-08-20+1,721→ 1,721 total→ Common Units (1,721 underlying)
Footnotes (2)
- [F1]Each phantom unit represents a contingent right to receive one common unit representing a limited partner interest in WNRL or, at the election of the Board of Directors (the "Board") of Western Refining Logistics GP, LLC, the general partner of WNRL, or such committee as may be appointed by the Board, the cash value thereof. The phantom units were awarded as compensation for service as a director.
- [F2]The phantom units vest on September 25, 2015. The vested common units underlying the phantom units, or the value thereof, will be delivered to the reporting person on or promptly following the vesting date applicable thereto, but not later than the 70th calendar day following the vesting of the phantom units.