SEC Form 4 · accession 0001513965-17-000061
American Midstream Partners, LP · AMID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cory Willis
Officer — VP-PPE NGL Operations
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 4:03 pm EDT
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) | Apr 1, 2017 | M | 1,444 | $0.00 | A | 2,415 | D | |
| Common Units (limited partner interests) | Apr 1, 2017 | F | 382 | $0.00 | D | 2,033 | D | |
| Common Units (limited partner interests) | Apr 1, 2017 | M | 2,309 | $0.00 | A | 4,342 | D | |
| Common Units (limited partner interests) | Apr 1, 2017 | F | 622 | $0.00 | D | 3,720 | 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,F2,F3,F4 | — | Apr 1, 2017 | M | 1,444 | A | — | — | Common Units (limited partner interests) | 1,444 | 0 | D |
| Phantom unitsF5,F2,F6,F4 | — | Apr 1, 2017 | M | 2,309 | A | — | — | Common Units (limited partner interests) | 2,309 | 0 | D |
Explanation of responses
- F1Grant date 4/1/2015
- F2The phantom units are settled upon vesting in common units (on a one for one basis) or cash, at the discretion of the Issuer.
- F3Fifty Percent (50%) of the units vest on April 1, 2017. The remaining units vest April 1, 2018.
- F4The phantom units do not expire.
- F5Grant date 4/1/2016.
- F6One-third of the units will vest on each of the first three anniversaries of the 4/1/2016 grant date.