PennTex Midstream Partners, LP 4
4 · PennTex Midstream Partners, LP · Filed Jun 10, 2015
Insider Transaction Report
Form 4
Jones Steven R
SEE REMARKS
Transactions
- Award
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2015-06-10+49,000→ 49,000 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (49,000 underlying)
Footnotes (3)
- [F1]Represents a grant of phantom units, subject to a Phantom Unit Agreement, under the PennTex Midstream Partners, LP 2015 Long-Term Incentive Plan.
- [F2]The phantom units expire upon settlement. Upon vesting, the phantom units are settled in common units (on a one-for-one basis) or, at the discretion of the Issuer, in cash.
- [F3]The phantom units vest in the following intervals: (i) 16,334 phantom units on June 10, 2016, (ii) 16,333 phantom units on June 10, 2017 and (iii) 16,333 phantom units on June 10, 2018.