4//SEC Filing
Welsh Joseph M 4
Accession 0001549848-17-000114
CIK 0001549848other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 6:19 PM ET
Size
6.9 KB
Accession
0001549848-17-000114
Insider Transaction Report
Form 4
Welsh Joseph M
Vice President
Transactions
- Award
Purchase Rights for Units
2017-09-14+7,416→ 7,416 totalExercise: $7.82From: 2018-11-15Exp: 2018-11-15→ Common Units (7,416 underlying)
Footnotes (3)
- [F1]The reporting person is a participant in the Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan (the "Plan") and has elected to participate in the Hi-Crush Partners LP Second 2017 Unit Purchase Program (the "Second 2017 UPP") adopted under the Plan. On September 14, 2017, the reporting person was granted the right to purchase, on November 15, 2018 at $7.82 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) the reporting person's actual eligible compensation during the period of the Second 2017 UPP's applicability divided by (iii) 7.82; provided that such number of common units shall be capped at 30,000 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 current 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, or any withdrawals by the reporting person.
- [F3]The purchase right is only exercisable on November 15, 2018 and does not continue thereafter.
Documents
Issuer
Hi-Crush Partners LP
CIK 0001549848
Entity typeother
Related Parties
1- filerCIK 0001712035
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 6:19 PM ET
- Size
- 6.9 KB