SEC Form 4 · accession 0001104659-16-157300
Antero Midstream Partners LP · AM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul M Rady
Officer — Chief Executive Officer · Director
Period of report
Nov 12, 2016
Accepted (ET)
Nov 15, 2016 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001598968
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,F2 | Nov 12, 2016 | F | 22,359 | $27.96 | D | 278,154 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the vesting and settlement of phantom units through the issuance of common units representing limited partner interests in the Issuer ("Common Units") pursuant to a Phantom Unit Agreement and the Antero Midstream Partners LP Long-Term Incentive Plan, the Issuer withheld Common Units that would otherwise have been issued to the Reporting Person to satisfy its tax withholding obligations. The number of Common Units withheld was determined based on the closing price per Common Unit on November 11, 2016.
- F2Includes 166,621 Common Units that remain subject to vesting.
Remarks
The Issuer is a Delaware limited partnership, managed by the directors and officers of its general partner, Antero Resources Midstream Management LLC (''Midstream Management''). Mr. Rady is a director and the Chief Executive Officer of Midstream Management.