4//SEC Filing
Skolos Mark C. 4
Accession 0001549848-20-000013
CIK 0001549848other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 7:19 AM ET
Size
9.7 KB
Accession
0001549848-20-000013
Insider Transaction Report
Form 4
Skolos Mark C.
General Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
2020-01-29+17,429→ 175,886 total - Exercise/Conversion
Performance Share Units
2020-01-29−17,429→ 81,424 total→ Common Stock (17,429 underlying) - Tax Payment
Common Stock
2020-01-29$0.71/sh−6,501$4,616→ 169,385 total
Footnotes (3)
- [F1]The reporting person is a participant in Hi-Crush Inc.'s Long Term Incentive Plan (the "Plan") and received 28,571 performance-based phantom units on December 8, 2017, under the Plan, which were subsequently converted to performance share units ("PSUs") on May 31, 2019. The PSU's vested based on the Company's performance compared to the performance of entities in a designated peer group for the three-year vesting period ending December 31, 2019. Sixty-one percent of such PSU's vested and settled on January 29, 2020 and the remaining thirty-nine percent of such PSU's expired on that date. Each PSU represents the right to receive, upon vesting, one share of common stock, along with tandem distribution equivalent rights.
- [F2]PSUs convert into common stock on a one-for-one basis.
- [F3]Includes all PSUs beneficially owned by the reporting person following this reported transaction, including previously reported PSUs with varying vesting terms, but excludes any restricted share units ("RSUs") beneficially owned by the reporting person.
Documents
Issuer
Hi-Crush Inc.
CIK 0001549848
Entity typeother
Related Parties
1- filerCIK 0001555157
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 7:19 AM ET
- Size
- 9.7 KB