SEC Form 4 · accession 0001214659-15-008434
Rentech Nitrogen Partners, L.P. · RNF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc E. Wallis
Officer — Senior Vice President
Period of report
Dec 14, 2015
Accepted (ET)
Dec 16, 2015 · 8:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001525998
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units | Dec 14, 2015 | M | 622 | $0.00 | A | 8,310 | D | |
| Common Units | Dec 14, 2015 | F | 208 | $9.80 | D | 8,102 | D | |
| Common Units | Dec 14, 2015 | M | 1,355 | $0.00 | A | 9,457 | D | |
| Common Units | Dec 14, 2015 | F | 452 | $9.80 | D | 9,005 | D | |
| Common Units | Dec 14, 2015 | M | 2,121 | $0.00 | A | 11,126 | D | |
| Common Units | Dec 14, 2015 | F | 708 | $9.80 | D | 10,418 | 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 | $0.00 | Dec 14, 2015 | M | 622 | D | — | Dec 14, 2015 | Common Units | 622 | 0 | D |
| Phantom UnitsF2 | $0.00 | Dec 14, 2015 | M | 1,355 | D | — | Dec 14, 2016 | Common Units | 1,355 | 1,356 | D |
| Phantom UnitsF3 | $0.00 | Dec 14, 2015 | M | 2,121 | D | — | Dec 14, 2017 | Common Units | 2,121 | 4,243 | D |
| Phantom UnitsF4 | $0.00 | Dec 14, 2015 | A | 10,000 | A | — | Dec 14, 2018 | Common Units | 10,000 | 10,000 | D |
Explanation of responses
- F1Each phantom unit represents a contingent right to receive one common unit of Rentech Nitrogen Partners, L.P. One third of the phantom units vested on each of the first three anniversaries of December 14, 2012.
- F2Each phantom unit represents a contingent right to receive one common unit of Rentech Nitrogen Partners, L.P. One third of the phantom units vest on each of the first three anniversaries of December 14, 2013, subject to the reporting person's continued employment with the Partnership on each such date.
- F3Each phantom unit represents a contingent right to receive one common unit of Rentech Nitrogen Partners, L.P. One third of the phantom units vest on each of the first three anniversaries of December 14, 2014, subject to the reporting person's continued employment with the Partnership on each such date.
- F4Each phantom unit represents a contingent right to receive one common unit of Rentech Nitrogen Partners, L.P. One third of the phantom units vest on each of the first three anniversaries of December 14, 2015, subject to the reporting person's continued employment with the Partnership on each such date.