Marlin Midstream Partners, LP 4
4 · Marlin Midstream Partners, LP · Filed Feb 19, 2015
Insider Transaction Report
Form 4
Jenness Charles W.
Director
Transactions
- Exercise/Conversion
Common Units representing limited partner interests
2015-02-19+5,000→ 17,500 total - Exercise/Conversion
Phantom Units
2015-02-19−5,000→ 0 totalFrom: 2015-02-15→ Common Units (5,000 underlying)
Footnotes (4)
- [F1]Date request was made by Issuer to Issuer's transfer agent to issue common units to those grantees whose phantom units vested on February 15, 2014, pursuant to the Marlin Midstream Parners, LP 2013 Long-Term Incentive Plan.
- [F2]Represents the conversion upon vesting of phantom units into common units. On December 15, 2014, the reporting person was granted 5,000 phantom units of which 5,000 units vested on February 15, 2015. Such phantom units were previously reported in Table II on a Form 4 filed with the Securities Exchange Commission on December 16, 2014.
- [F3]Each phantom unit is the economic equivalent of one common unit (limited partner interest) and entitles the grantee to receive one common unit or an amount of cash equal to the fair market value of a common unit upon the vesting of the phantom unit.
- [F4]Phantom units do not expire.