SEC Form 4 · accession 0000899243-17-007250
Arc Logistics Partners LP · ARCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C. Schnitzer
Officer — See Remarks
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 8:52 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 interestsF1 | Mar 8, 2017 | A | 10,000 | $0.00 | A | 31,485 | D | |
| Common units representing limited partner interests | Mar 8, 2017 | A | 3,290 | $0.00 | A | 34,775 | D | |
| Common units representing limited partner interests | Mar 8, 2017 | F | 1,295 | $14.37 | D | 33,480 | D | |
| Common units representing limited partner interests | Mar 9, 2017 | F | 1,352 | $14.14 | D | 32,128 | D | |
| Common units representing limited partner interests | Mar 10, 2017 | F | 312 | $13.86 | D | 31,816 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes an adjustment of 319 common units that were withheld for tax withholding purposes on account of the partial vesting of common units attributable to a previously reported award of 2,095 phantom units.
- F2Represents the issuance of common units upon settlement of phantom units that were awarded under the Arc Logistics Amended and Restated Long Term Incentive Plan. For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of the Issuer's common units on March 8, 2017.
- F3Represents the disposition for tax withholding purposes on account of the partial vesting of common units attributable to a previously reported award of 10,000 phantom units. For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of the Issuer's common units on March 9, 2017.
- F4Represents the disposition for tax withholding purposes on account of the partial vesting of common units attributable to a previously reported award of 2,095 phantom units. For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of the Issuer's common units on March 10, 2017.
Remarks
Senior Vice President, General Counsel and Secretary