SEC Form 4 · accession 0001209191-15-017898

Titan Energy, LLC · TTEN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 23, 2015

Accepted (ET)

Feb 24, 2015 · 5:04 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001532750

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Units^F1	Feb 23, 2015	M	435	—	A	1,741	D
Common Units^F1	Feb 23, 2015	M	777	—	A	2,518	D
Common Units^F1	Feb 23, 2015	M	1,844	—	A	4,362	D
Common Units^F1	Feb 23, 2015	M	3,591	—	A	7,953	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Phantom Units^F1	—	Feb 23, 2015	M	435	D	—	—	Common Units	435	D
Phantom Units^F1	—	Feb 23, 2015	M	777	D	—	—	Common Units	777	D
Phantom Units^F1	—	Feb 23, 2015	M	1,844	D	—	—	Common Units	1,844	D
Phantom Units^F1	—	Feb 23, 2015	M	3,591	D	—	—	Common Units	3,591	D

F1The reporting person is a participant in the Atlas Resource Partners, L.P. (the "Partnership") 2012 Long-Term Incentive Plan (the "Plan"). In connection with the reporting person's February 23, 2015 resignation from the board of directors of the Partnership's general partner, the compensation committee of Atlas Energy, L.P., the sole member of the general partner, approved the acceleration of the reporting person's unvested phantom units, effective as of the date of resignation. Each phantom unit represents the right to receive either one common unit of limited partner interest of the Partnership or its then fair market value in cash. The reporting person elected to receive common units of the Partnership in connection with vesting.