SEC Form 4 · accession 0001209191-15-017796
ATLAS PIPELINE PARTNERS LP · APL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gayle P W Jackson
Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:37 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 20, 2015 | M | 184 | — | A | 5,347 | D | |
| Common Units | Feb 20, 2015 | D | 184 | $27.34 | D | 5,163 | 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 20, 2015 | M | 184 | D | — | — | Common Units | 184 | 370 | D |
Explanation of responses
- F1The reporting person received 738 phantom units under the Atlas Pipeline Partners, L.P. (the "Partnership") 2010 Long Term Incentive Plan on February 20, 2013. 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 beginning on the anniversary of the grant date. With respect to the vesting that occurred on February 20, 2015, the reporting person elected to receive cash in lieu of common units.