4//SEC Filing
PennTex Midstream Partners, LP 4
Accession 0001617798-16-000077
CIK 0001617798operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 6:01 PM ET
Size
10.1 KB
Accession
0001617798-16-000077
Insider Transaction Report
Form 4
Bernatova Andrea
SEE REMARKS
Transactions
- Exercise/Conversion
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-06-10−11,667→ 23,333 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (11,667 underlying) - Award
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-06-10+17,695→ 17,695 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (17,695 underlying) - Exercise/Conversion
COMMON UNITS
2016-06-10+8,475→ 8,475 total
Footnotes (6)
- [F1]Represents the issuance of common units, net of taxes paid, in respect of phantom units that vested on June 10, 2016.
- [F2]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.
- [F3]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").
- [F4]The phantom units granted on June 10, 2015 vest in the following intervals: (i) 11,667 phantom units on June 10, 2016, (ii) 11,667 phantom units on June 10, 2017 and (iii) 11,666 phantom units on June 10, 2018.
- [F5]Represents phantom units granted on June 10, 2016, subject to a Phantom Unit Agreement, under the 2015 LTIP.
- [F6]The phantom units vest in the following intervals: (i) 5,898 phantom units on June 10, 2017, (ii) 5,898 phantom units on June 10, 2018, and (iii) 5,899 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, 6:01 PM ET
- Size
- 10.1 KB