SEC Form 4 · accession 0001209191-15-013572
ATLAS PIPELINE PARTNERS LP · APL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tony C Banks
Director
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092914
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Feb 11, 2015 | M | 327 | — | A | 5,176 | D | |
| Common UnitsF1 | Feb 11, 2015 | M | 349 | — | A | 5,525 | D | |
| Common UnitsF1 | Feb 11, 2015 | M | 382 | — | A | 5,907 | D | |
| Common UnitsF1 | Feb 11, 2015 | M | 563 | — | A | 6,470 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1 | — | Feb 11, 2015 | M | 327 | D | — | — | Common Units | 327 | 0 | D |
| Phantom UnitsF1 | — | Feb 11, 2015 | M | 349 | D | — | — | Common Units | 349 | 350 | D |
| Phantom UnitsF1 | — | Feb 11, 2015 | M | 382 | D | — | — | Common Units | 382 | 767 | D |
| Phantom UnitsF1 | — | Feb 11, 2015 | M | 563 | D | — | — | Common Units | 563 | 1,692 | D |
| Phantom UnitsF2 | — | Feb 11, 2015 | A | 2,839 | A | — | — | Common Units | 2,839 | 2,839 | D |
Explanation of responses
- F1The reporting person is a participant in the Atlas Pipeline Partners, L.P. 2010 Long Term Incentive Plan (the "2010 Plan") and received 1,305 phantom units under the 2010 Plan on February 11, 2011, 1,397 phantom units under the 2010 Plan on February 11, 2012, 1,531 phantom units under the 2010 Plan on February 11, 2013, and 2,255 phantom units under the 2010 Plan on February 11, 2014. Each phantom unit represents the right to receive, upon vesting, either one common unit of limited partner interest of the Partnership or its then fair market value in cash; the phantom units vest 25% per year. The reporting person elected to receive common units for the vestings that occurred on February 11, 2015. The units are receivable without additional consideration.
- F2The reporting person received 2,839 phantom units under the 2010 Plan on February 11, 2015.