SEC Form 4 · accession 0001367064-17-000040
Archrock Partners, L.P. · APLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Stephen Finley
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 12, 2017 · 12:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001367064
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Jun 1, 2017 | M | 1,843 | $0.00 | A | 33,960 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Units | $0.00 | Jun 1, 2017 | M | 1,843 | D | Jun 1, 2017 | Dec 1, 2017 | Common Units | 1,843 | 3,686 | D |
Explanation of responses
- F1The late filing of this Form 4 is due to an inadvertent administrative error.
- F2This transaction represents the vesting of one-third of the phantom units granted to the reporting person under the Archrock Partners, L.P. 2017 Long-Term Incentive Plan. Each phantom unit vested in the form of a common unit. Pursuant to applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units is reported on this Form 4 as a disposition of the phantom units being settled and a simultaneous acquisition of the underlying common units.