4//SEC Filing
PennTex Midstream Partners, LP 4
Accession 0001617798-16-000125
CIK 0001617798operating
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 4:24 PM ET
Size
7.8 KB
Accession
0001617798-16-000125
Insider Transaction Report
Form 4
Lawler David C
DirectorOther
Transactions
- Exercise/Conversion
COMMON UNITS
2016-11-01+9,074→ 14,074 total - Exercise/Conversion
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-11-01−9,074→ 0 total→ COMMON UNITS (LIMITED PARTNER INTERESTS) (9,074 underlying)
Footnotes (3)
- [F1]Represents the issuance of common units in respect of phantom units that vested upon the change in control of the Issuer on November 1, 2016 in connection with the closing of the transaction contemplated by this certain Contribution Agreement dated October 24, 2016 (the "Contribution Agreement") by and among PennTex Midstream Partners, LLC, Energy Transfer Partners, L.P. and the other contributors party thereto.
- [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 all outstanding phantom units granted to the reporting person under the PennTex Midstream Partners, LP 2015 Long-Term Incentive Plan.
Documents
Issuer
PennTex Midstream Partners, LP
CIK 0001617798
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001617798
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 4:24 PM ET
- Size
- 7.8 KB