SEC Form 4 · accession 0001209191-16-145609
Atlas Energy Group, LLC · ATLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Z Cohen
Officer — Executive Chairman · Director
Period of report
Oct 6, 2016
Accepted (ET)
Oct 11, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001623595
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1,F2 | Oct 6, 2016 | A | 200,000 | — | A | 538,192 | D | |
| Common UnitsF3 | holding | — | — | — | 570,163 | I | By Foundation | |
| Common UnitsF4 | holding | — | — | — | 33,636 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is a participant in the Atlas Energy Group, LLC (the "Company") 2015 Long-Term Incentive Plan (the "Plan"). The Reporting Person received 200,000 phantom units under the Plan on October 6, 2016. Each phantom unit represents the right to receive, upon vesting, one common unit of the Company. The phantom units in the Plan vest 33% per year. The units are receivable without additional consideration.
- F2This amount includes 450,000 common units underlying the equivalent number of phantom units.
- F3The reporting person is a co-trustee of Arete Foundation, a charitable foundation. The reporting person disclaims beneficial ownership to these units.
- F4The reporting person is a co-trustee and co-beneficiary of the trust.