SEC Form 4 · accession 0001513965-15-000040
American Midstream Partners, LP · AMID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis J Dorey
Officer — Vice President
Period of report
Feb 27, 2015
Accepted (ET)
Mar 4, 2015 · 11:35 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001513965
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (limited partner interests) | Mar 2, 2015 | A | 8,565 | $0.00 | A | 10,638 | D | |
| Common Units (limited partner interests)F1 | Mar 2, 2015 | D | 3,414 | $18.33 | D | 7,224 | D | |
| Common Units (limited partner interests) | holding | — | — | — | 2,073 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom unitsF2,F3,F1 | — | Feb 27, 2015 | A | 13,994 | A | — | — | Common Units (limited partner interests) | 13,994 | 13,994 | D |
| Phantom unitsF2,F4,F5 | — | holding | — | — | — | — | — | Common Units (limited partner interests) | 10,938 | 10,938 | D |
Explanation of responses
- F1Units were sold back to the Issuer at market value to pay withholding taxes.
- F2The phantom units are settled upon vesting in common units (on a one for one basis) or cash, at the discretion of the Issuer.
- F325% of the phantom units vest of each of the first four anniversaries of February 23, 2015.
- F425% of the phantom units vest on each of the first four anniversaries of the February 19, 2014 grant date.
- F5The phantom units do not expire.