PennTex Midstream Partners, LP 4
4 · PennTex Midstream Partners, LP · Filed Jun 10, 2015
Insider Transaction Report
Form 4
Bernatova Andrea
SEE REMARKS
Transactions
- Purchase
COMMON UNITS (LIMITED PARTNER INTERESTS)
2015-06-09$20.00/sh+1,000$20,000→ 1,000 total(indirect: By Spouse) - Award
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2015-06-10+35,000→ 35,000 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (35,000 underlying)
Footnotes (4)
- [F1]Represents a purchase from the underwriters in the Issuer's initial public offering.
- [F2]Represents a grant of phantom units, subject to a Phantom Unit Agreement, under the PennTex Midstream Partners, LP 2015 Long-Term Incentive Plan.
- [F3]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.
- [F4]The phantom units vest in the following intervals: (i) 11,667 phantom units on June 10, 2016, (ii) 11,667 phantom units on June 10, 2017 and (iii) 11,666 phantom units on June 10, 2018.