SEC Form 4 · accession 0001144204-15-002772
EV Energy Partners, LP · EVEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Mercer
Officer — Chief Financial Officer
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001361937
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Jan 15, 2015 | M | 26,500 | — | A | 155,442 | D | |
| Common UnitsF1 | Jan 15, 2015 | F | 7,581 | — | D | 147,861 | 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 | — | Jan 15, 2015 | M | 26,500 | D | Jan 15, 2015 | Jan 15, 2015 | Common Unit | 26,500 | 0 | D |
Explanation of responses
- F1Each phantom unit was the economic equivalent of one EVEP common unit at the close of business on the vesting date.
- F2The vesting of phantom units on January 15, 2015 resulted in a net gain of 26,500 directly held common units. To cover the cost of taxes associated with this vesting, the issuer withheld 7581 common units.