4//SEC Filing
Hi-Crush Partners LP 4
Accession 0001549848-15-000080
CIK 0001549848operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 6:11 PM ET
Size
6.8 KB
Accession
0001549848-15-000080
Insider Transaction Report
Form 4
McEver Chad M.
Vice President
Transactions
- Award
Purchase Rights for Units
2015-12-14+17,455→ 17,455 totalExercise: $5.14From: 2017-02-28Exp: 2017-02-28→ Common Units (17,455 underlying)
Footnotes (3)
- [F1]The reporting person is a participant in the Hi-Crush Partners LP Long-Term Incentive Plan (the "Plan") and has elected to participate in the Hi-Crush Partners LP Unit Purchase Program (the "UPP") adopted under the Plan. On December 14, 2015, the reporting person was granted the right to purchase, on February 28, 2017 at $5.14 per common unit, up to the number of common units that are equal to (i) the reporting person's elected percentage of compensation multiplied by (ii) his actual eligible compensation during the period of the UPP's applicability divided by (iii) 5.14; provided that such number of common units shall be capped at 20,000 common units.
- [F2]The number of derivative securities acquired and underlying common units reported on this Form 4 for the reporting person is based on the application of the foregoing formula using the reporting person's current elected percentage of compensation and amount of eligible compensation, but may increase due to increases in the reporting person's actual eligible compensation or be reduced based on reductions in the reporting person's elected percentage of compensation or amount of actual eligible compensation.
- [F3]The purchase right is only exercisable on February 28, 2017 and does not continue thereafter.
Documents
Issuer
Hi-Crush Partners LP
CIK 0001549848
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001549848
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 6:11 PM ET
- Size
- 6.8 KB