SEC Form 4 · accession 0001513965-19-000016
American Midstream Partners, LP · AMID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn L Bourdon III
Officer — Chairman, President and CEO · Director
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 8:12 pm 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)F1 | Feb 26, 2019 | M | 66,022 | $0.00 | A | 495,781 | 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 | — | Feb 26, 2019 | M | 66,022 | D | — | — | Common Units (limited partner interests) | 66,022 | 0 | D |
| Phantom unitsF1,F4,F3 | — | holding | — | — | — | — | — | Common Units (limited partner interests) | 75,758 | 75,758 | D |
| Phantom unitsF1,F5,F3 | — | holding | — | — | — | — | — | Common Units (limited partner interests) | 138,889 | 138,889 | D |
Explanation of responses
- F1The phantom units are settled upon vesting in common units (on a one for one basis) or cash, at the discretion of the Issuer.
- F2Twenty-five percent (25%) of the phantom units will vest each year beginning February 26, 2016.
- F3The phantom units do not expire.
- F4Twenty-five percent (25%) of the phantom units will vest on each of the first four anniversaries of April 1, 2017.
- F5Twenty-five percent (25%) of the phantom units will vest on each of the first four anniversaries of April 2, 2018.