SEC Form 4 · accession 0000899243-17-007239
Arc Logistics Partners LP · ARCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney L Tassin
Director
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 8:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001583744
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 | Mar 8, 2017 | A | 20,000 | $0.00 | A | 40,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of phantom units granted under the Arc Logistics Amended and Restated Long Term Incentive Plan. Each phantom unit represents a contingent right to receive one common unit upon settlement. The award is subject to a risk of forfeiture until July 18, 2017 and the economic benefits associated with the award do not begin to accrue until such date (e.g., eligibility to vest and eligibility to receive distribution equivalent rights). Unless earlier forfeited, the phantom units will vest in three equal annual installments on July 18, 2018, July 18, 2019 and July 18, 2020.