Tallgrass Energy Partners, LP 4
4 · Tallgrass Energy Partners, LP · Filed Aug 3, 2015
Insider Transaction Report
Form 4
Watkins Gary D.
VP & Chief Accounting Officer
Transactions
- Award
Common Units representing limited partner interests
2015-07-30+6,400→ 29,734 total
Footnotes (2)
- [F1]Represents 6,400 unvested Equity Participation Units ("EPUs") granted to the Reporting Person, 1/2 of which vest on the later to occur of the first date on which the issuer has paid a regular quarterly distribution of at least $0.6875 on each outstanding common unit for any full quarter ending on or after August 1, 2015 (the "Distribution Achievement Date") or May 13, 2018, and 1/2 of which vest on the later to occur of the Distribution Achievement Date or May 13, 2019. If the issuer has not distributed at least $0.6875 on each outstanding common unit for any full quarter ending on or before May 13, 2020, the unvested EPUs will expire and no vesting will occur.
- [F2]Includes 16,666 unvested EPUs, which will vest on May 13, 2017, and the EPUs described in footnote 1.