4//SEC Filing
PennTex Midstream Partners, LP 4
Accession 0001617798-16-000071
CIK 0001617798operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 5:50 PM ET
Size
10.0 KB
Accession
0001617798-16-000071
Insider Transaction Report
Form 4
Jones Steven R
SEE REMARKS
Transactions
- Exercise/Conversion
COMMON UNITS
2016-06-10+16,333→ 24,333 total - Award
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-06-10+26,770→ 26,770 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (26,770 underlying) - Exercise/Conversion
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-06-10−16,333→ 32,667 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (16,333 underlying)
Footnotes (5)
- [F1]The phantom units expire upon settlement. Upon vesting, the phantom units are settled in common units (on a one-for-one basis) or, at the discretion of the Issuer, in cash.
- [F2]Represents the settlement of phantom units granted on June 10, 2015, subject to a Phantom Unit Agreement, under the PennTex Midstream Partners, LP 2015 Long-Term Incentive Plan (the "2015 LTIP").
- [F3]The phantom units granted on June 10, 2015 vest in the following intervals: (i) 16,333 phantom units on June 10, 2016, (ii) 16,333 phantom units on June 10, 2017, and (iii) 16,334 phantom units on June 10, 2018.
- [F4]Represents phantom units granted on June 10, 2016, subject to a Phantom Unit Agreement, under the 2015 LTIP.
- [F5]The phantom units vest in the following intervals: (i) 8,923 phantom units on June 10, 2017, (ii) 8,923 phantom units on June 10, 2018, and (iii) 8,924 phantom units on June 10, 2019.
Documents
Issuer
PennTex Midstream Partners, LP
CIK 0001617798
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001617798
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 5:50 PM ET
- Size
- 10.0 KB