4//SEC Filing
Rasmus Robert E. 4
Accession 0001549848-19-000088
CIK 0001549848other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:20 PM ET
Size
11.4 KB
Accession
0001549848-19-000088
Insider Transaction Report
Form 4
Rasmus Robert E.
DirectorCo-CEO and Director
Transactions
- Exercise/Conversion
Common Stock
2019-12-14+45,237→ 261,281 total - Exercise/Conversion
Restricted Stock Units
2019-12-14−45,237→ 270,239 total→ Common Stock (45,237 underlying)
Holdings
- 175,468(indirect: See Footnote)
Common Stock
- 4,045,171(indirect: See Footnote-)
Common Stock
- 500(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]The reporting person is a participant in the Hi-Crush Inc.'s Long Term Incentive Plan (the "Plan") and received 90,476 time-based phantom units on December 14, 2017, under the Plan, which were subsequently converted to restricted stock units ("RSUs") on May 31, 2019. Fifty percent of such RSUs vested on December 14, 2019. Each RSU represents the right to receive, upon vesting, one share of common stock, along with tandem distribution equivalent rights.
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]The shares of common stock are held by RER Legacy Investments LLC ("RER LLC"). The reporting person is a member of RER LLC and may be deemed the beneficial owner of the common stock held by RER LLC.
- [F4]The shares of common stock are held by RER Investments LLC. The reporting person is the sole member of RER Investments LLC. Includes shares previously owned directly by the reporting person which were distributed to RER Investments LLC and are now owned indirectly.
- [F5]The shares of common stock included in this report were purchased by the reporting person's son for his own account in a Directed Unit Program in connection with the initial public offering of common units representing limited partner interests in the issuer, which subsequently converted from a partnership to a corporation. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- [F6]Includes all RSUs beneficially owned by the reporting person following this reported transaction, including previously reported RSUs with varying vesting terms, but excludes any performance share units ("PSUs") beneficially owned by the reporting person.
Documents
Issuer
Hi-Crush Inc.
CIK 0001549848
Entity typeother
Related Parties
1- filerCIK 0001555130
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:20 PM ET
- Size
- 11.4 KB