ATLAS PIPELINE PARTNERS LP 4
4 · ATLAS PIPELINE PARTNERS LP · Filed Feb 24, 2015
Insider Transaction Report
Form 4
BANKS TONY C
Director
Transactions
- Exercise/Conversion
Common Units
2015-02-20+184→ 6,869 total - Exercise/Conversion
Phantom Units
2015-02-20−184→ 370 total→ Common Units (184 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 "2010 Plan"). The reporting person received 738 phantom units under the 2010 Plan on February 20, 2013. 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. With respect to the vesting that occurred on February 20, 2015, the reporting person elected to receive common units. The units are receivable without additional consideration.