SEC Form 4 · accession 0001209191-17-006790
Atlas Energy Group, LLC · ATLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dolly Ann Craig
Director
Period of report
Jan 3, 2017
Accepted (ET)
Feb 1, 2017 · 5:10 pm EST
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 | Jan 3, 2017 | M | 2,871 | — | A | 7,941 | D | |
| Common UnitsF2 | Jan 30, 2017 | M | 25,000 | — | A | 32,941 | D | |
| Common Units | Jan 30, 2017 | D | 2,500 | $0.57 | D | 7,941 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1 | — | Jan 3, 2017 | M | 2,871 | D | — | — | Common Units | 2,871 | 5,743 | D |
| Phantom UnitsF2 | — | Jan 30, 2017 | M | 25,000 | D | — | — | Common Units | 25,000 | 25,000 | D |
Explanation of responses
- F1The reporting person is a participant in Atlas Energy Group, LLC (the "Company") 2015 Long-Term Incentive Plan (the "Plan"). The reporting person received 11,485 phantom units under the Plan on March 2, 2015. Each phantom unit represents the right to receive, upon vesting, either one common unit of the Company or its then fair market value in cash. The reporting person elected to receive common units of the Company in connection with the January 2017 vesting.
- F2The reporting person received 50,000 phantom units under the Plan on January 28, 2016. 50% of the phantom units vested on January 30, 2017 and the reporting person elected to receive cash in connection with the January 2017 vesting.