SEC Form 4 · accession 0001144204-16-076266
EV Energy Partners, LP · EVEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Mercer
Officer — President and CEO · Director
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 4:02 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, 2016 | M | 21,250 | — | A | 169,111 | D | |
| Common UnitsF1 | Jan 15, 2016 | F | 6,938 | — | D | 162,173 | 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, 2016 | M | 21,250 | D | Jan 15, 2016 | Jan 15, 2016 | Common Unit | 21,250 | 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, 2016 resulted in a net gain of 21,250 directly held common units. To cover the cost of taxes associated with this vesting, the issuer withheld 6938 common units.