4//SEC Filing
Skolos Mark C. 4
Accession 0001549848-19-000024
CIK 0001549848other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 5:16 PM ET
Size
7.8 KB
Accession
0001549848-19-000024
Insider Transaction Report
Form 4
Skolos Mark C.
General Counsel and Secretary
Transactions
- Exercise/Conversion
Phantom Units
2019-02-01−15,305→ 252,396 totalFrom: 2019-02-01Exp: 2019-02-01→ Common Units (15,305 underlying) - Exercise/Conversion
Common Units representing limited partner interests
2019-02-01+15,305→ 131,567 total
Footnotes (3)
- [F1]Each phantom unit was the economic equivalent of, and was settled for, one Common Unit representing limited partner interests in the Partnership.
- [F2]The Reporting Person is a participant in the Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan and received 15,942 phantom units on September 14, 2016 (the "2016 Performance Award") vesting based on the Partnership's performance compared to the performance of entities in a designated peer group for the three-year period ending December 31, 2018. 96% of the 2016 Performance Award phantom units vested and settled on February 1, 2019 and the remaining 4% of the 2016 Performance Award phantom units expired on that date. Each phantom unit represents the right to receive, upon vesting, one Common Unit representing limited partner interests in the Partnership, along with tandem distribution equivalent rights. The vesting phantom units expire upon settlement.
- [F3]Includes all phantom units beneficially owned by the Reporting Person following this reported transaction, including previously reported phantom units with varying vesting terms.
Documents
Issuer
Hi-Crush Partners LP
CIK 0001549848
Entity typeother
Related Parties
1- filerCIK 0001555157
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 5:16 PM ET
- Size
- 7.8 KB