SEC Form 4 · accession 0001610418-19-000012
CNX Midstream Partners LP · CNXM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Robert Rich
Officer — CHIEF ACCOUNTING OFFICER
Period of report
Jan 30, 2019
Accepted (ET)
Feb 1, 2019 · 5:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610418
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Jan 30, 2019 | M | 638 | $0.00 | A | 1,852 | D | |
| Common Units | Jan 30, 2019 | F | 216 | $17.49 | D | 1,636 | 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 (Rights to Common Units)F1,F3 | — | Jan 30, 2019 | M | 638 | D | — | — | Common Units | 638 | 4,215 | D |
| Phantom Units (Rights to Common Units)F1,F3 | — | Jan 31, 2019 | A | 2,300 | A | — | — | Common Units | 2,300 | 6,515 | D |
Explanation of responses
- F1The phantom units are settled upon vesting in common units on a one-for-one basis or, at the discretion of the Issuer, in cash.
- F2Represents Common Units automatically withheld to satisfy the reporting person's tax liability from the vesting and settlement of Phantom Units previously granted to him.
- F3The phantom unit awards vest in three equal annual installments. The phantom units become payable, in cash or in common stock, at the Issuer's election, upon vesting.