4//SEC Filing
Atlas Energy Group, LLC 4
Accession 0001209191-15-021647
CIK 0001623595operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:04 PM ET
Size
6.5 KB
Accession
0001209191-15-021647
Insider Transaction Report
Form 4
MCGRATH SEAN P
Chief Financial Officer
Transactions
- Purchase
Series A Preferred Units
2015-02-27+8,000→ 8,000 total→ Common Units
Footnotes (2)
- [F1]Series A Preferred Units are convertible into the Issuer's common units, at the holder's option, any time after the later of (1) the one-year anniversary of the distribution by Atlas Energy, L.P. to its unitholders of the Issuer's common units (the "Distribution Date") and (2) the date that the Issuer's common unitholders approve such convertibility pursuant to New York Stock Exchange ("NYSE") rules. The Series A Preferred Units are convertible at a conversion price (the "Conversion price") equal to the greater of (x) $8.00 per common unit and (y) the lesser of (i) 110% of the volume weighted average price for the Issuer's common units on the NYSE over the 30 trading days following the Distribution Date; and (ii) $16.00 per common unit. The Series A Preferred Units have no expiration date.
- [F2]The Conversion Price for the first month following the Distribution Date is determined by reference to the volume weighted average price for the Issuer's common units on the NYSE over the first day of regular-way trading following the distribution, which was $ 9.5609, instead of the volume weighted average price over the first 30 trading days following the Distribution.
Documents
Issuer
Atlas Energy Group, LLC
CIK 0001623595
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001623595
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:04 PM ET
- Size
- 6.5 KB