SEC Form 4 · accession 0001209191-15-022357

AZURE MIDSTREAM PARTNERS, LP · AZUR

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

Reporting owner

Amanda Bush

Other

Period of report

Mar 2, 2015

Accepted (ET)

Mar 4, 2015 · 5:12 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001575599

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Units representing limited partner interests^F2	Mar 2, 2015	M	50,000	$0.00	A	69,437	D
Common Units representing limited partner interests^F3	Mar 2, 2015	F	14,484	$21.11	D	54,953	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Units^F2,F4	—	Mar 2, 2015	M	50,000	D	Feb 27, 2015	—	Common Units	50,000	0	D

Explanation of responses

F1Represents the conversion upon vesting of phantom units into common units. On December 15, 2014, the reporting person was granted 50,000 phantom units of which 50,000 units vested on February 27, 2015.
F2Each phantom unit is the economic equivalent of one common unit (limited partner interest) and entitles the grantee to receive one common unit or an amount of cash equal to the fair market value of a common unit upon the vesting of the phantom unit.
F3The reporting person is reporting the withholding by Marlin Midstream Partners, LP of 14,484 common units to satisfy the reporting person's tax withholding obligations in connection with the delivery of the common units to the reporting person.
F4Phantom units do not expire.

Remarks

Amanda Bush was previously a Director and the Chief Financial Officer of Marlin Midstream GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.