SEC Form 4 · accession 0001610418-19-000038
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
Feb 16, 2019
Accepted (ET)
Feb 20, 2019 · 5:54 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 | Feb 16, 2019 | M | 550 | $0.00 | A | 2,186 | D | |
| Common Units | Feb 16, 2019 | F | 186 | $16.03 | D | 2,000 | D | |
| Common UnitsF1 | Feb 17, 2019 | M | 1,188 | $0.00 | A | 3,188 | D | |
| Common Units | Feb 16, 2019 | F | 401 | $16.03 | D | 2,787 | 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,F2 | — | Feb 16, 2019 | M | 550 | D | — | — | Common Units | 550 | 6,114 | D |
| Phantom Units (Rights to Common Units)F1,F2 | — | Feb 17, 2019 | M | 1,188 | D | — | — | Common Units | 1,188 | 4,926 | 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.
- F2The 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.