SEC Form 4 · accession 0001209191-15-016734

ATLAS PIPELINE PARTNERS LP · APL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 18, 2015

Accepted (ET)

Feb 20, 2015 · 4:32 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
Common Units^F1	Feb 18, 2015	M	428	—	A	5,591	D
Common Units^F1	Feb 18, 2015	M	346	—	A	5,937	D
Common Units^F1	Feb 18, 2015	M	375	—	A	6,312	D
Common Units^F1	Feb 18, 2015	M	604	—	A	6,916	D
Common Units	Feb 18, 2015	D	1,753	$28.54	D	5,163	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Units^F1	—	Feb 18, 2015	M	428	D	—	—	Common Units	428	0	D
Phantom Units^F1	—	Feb 18, 2015	M	346	D	—	—	Common Units	346	348	D
Phantom Units^F1	—	Feb 18, 2015	M	375	D	—	—	Common Units	375	750	D
Phantom Units^F1	—	Feb 18, 2015	M	604	D	—	—	Common Units	604	1,815	D
Phantom Units^F2	—	Feb 18, 2015	A	2,627	A	—	—	Common Units	2,627	2,627	D

F1The undersigned is a participant in the Atlas Pipeline Partners, L.P. (the "Partnership") 2010 Long Term Incentive Plan (the "2010 Plan"). The undersigned received 1,709 phantom units under the 2010 Plan on February 18, 2011, 1,386 phantom units under the 2010 Plan on February 18, 2012, 1,500 units under the 2010 Plan on February 18, 2013, and 2,419 units under the 2010 Plan on February 18, 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. With respect to the vestings that occurred on February 18, 2015, the reporting person elected to receive cash in lieu of common units.
F2The reporting person received 2,627 phantom units under the 2010 Plan on February 18, 2015.