Griffis David L. 4
4 · Oiltanking Partners, L.P. · Filed May 29, 2013
Insider Transaction Report
Form 4
Griffis David L.
Director
Transactions
- Award
Phantom Units
2013-05-13+1,000→ 1,000 total→ Common Units (1,000 underlying)
Footnotes (1)
- [F1]Each Phantom Unit is the economic equivalent of one Common Unit of Oiltanking Partners, L.P. One hundred percent of the Phantom Units will vest on December 31, 2013 and they will be settled through a cash payment that will equal the number of vested Phantom Units held by the reporting person on the vesting date, multiplied by the fair market value of a Common Unit on such date.