Rupe Ryan K 4
4 · American Midstream Partners, LP · Filed Mar 13, 2019
Insider Transaction Report
Form 4
Rupe Ryan K
VP of Commercial Operations
Transactions
- Exercise/Conversion
Common Units (limited partner interests)
2019-03-11+30,000→ 64,193 total - Tax Payment
Common Units (limited partner interests)
2019-03-11$3.98/sh−7,764$30,901→ 56,429 total - Exercise/Conversion
Phantom units
2019-03-11+30,000→ 0 total→ Common Units (limited partner interests) (30,000 underlying)
Holdings
- 10,733
Phantom units
→ Common Units (limited partner interests) (10,733 underlying) - 55,000
Phantom units
→ Common Units (limited partner interests) (55,000 underlying) - 8,874
Phantom units
→ Common Units (limited partner interests) (8,874 underlying) - 23,148
Phantom units
→ Common Units (limited partner interests) (23,148 underlying)
Footnotes (11)
- [F1]The phantom units were settled upon vesting in common units (on a one for one basis).
- [F10]The phantom units will generally vest, subject to the Reporting Person's continued service through such date, on the earlier of a change in control transactions or November 20, 2022.
- [F11]Represents the target number of common units that may be issued. The actual number of common units issuable upon vesting can range from 100% to 300% of this target and will be determined by multiplying the target award by the quotient of the fair market value of a common unit on the vesting date divided by $16.50 and rounded to two significant figures. Upon vesting, the phantom units may be settled in common units of the Issuer or cash at the discretion of the Issuer.
- [F2]Phantom units forfeited to cover taxes due upon vesting of such phantom units.
- [F3]The phantom units are settled upon vesting in common units (on a one for one basis) or cash, at the discretion of the Issuer.
- [F4]The phantom units vest on March 10, 2019.
- [F5]The phantom units do not expire.
- [F6]Twenty-five percent (25%) of the phantom units will vest on the each of the first four anniversaries of February 26, 2016.
- [F7]Twenty-five percent (25%) of the phantom units will vest on each of the first four anniversaries of April 3, 2017.
- [F8]Twenty-five percent (25%) of the phantom units will vest on each of the first four anniversaries of April 2, 2018.
- [F9]Each phantom unit represents the right to receive between one and three common units of the Issuer upon vesting.