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4//SEC Filing

Hi-Crush Partners LP 4

Accession 0001549848-17-000035

CIK 0001549848operating

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 7:57 PM ET

Size

7.9 KB

Accession

0001549848-17-000035

Insider Transaction Report

Form 4
Period: 2017-02-28
McEver Chad M.
Vice President
Transactions
  • Exercise/Conversion

    Common Units representing limited partner interests

    2017-02-28$5.14/sh+17,848$91,73917,848 total
  • Exercise/Conversion

    Purchase Rights for Units

    2017-02-2817,8480 total
    Exercise: $5.14From: 2017-02-28Exp: 2017-02-28Common Units (17,848 underlying)
Footnotes (2)
  • [F1]Exercise of purchase rights for common units exempt under Rule 16b-3.
  • [F2]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) his elected percentage of compensation multiplied by (ii) his actual eligible compensation during the period of the Hi-Crush Partners LP Unit Purchase Program's ("UPP") applicability, divided by (iii) 5.14; provided that such number of common units shall be capped at 20,000 common units. The number of derivative securities acquired and underlying common units reported on his Form 4 filed December 16, 2015, which was 17,455, was based on the application of the foregoing formula using his elected percentage of compensation and amount of eligible compensation at such time. Due to increases in his actual eligible compensation, based on the application of the foregoing formula on the February 28, 2017 purchase date, he had the right to purchase, and did purchase, 17,848 common units.

Issuer

Hi-Crush Partners LP

CIK 0001549848

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001549848

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 7:57 PM ET
Size
7.9 KB