Filing Details

Accession Number:
0001549848-18-000072
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-18 16:16:15
Reporting Period:
2018-09-14
Accepted Time:
2018-09-18 16:16:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1549848 Hi-Crush Partners Lp HCLP Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) 900840530
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1660841 E William Barker 1330 Post Oak Blvd
Suite 600
Houston TX 77056
Principal Strategy Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Representing Limited Partner Interests Acquisiton 2018-09-14 9,443 $0.00 17,968 No 4 M Direct
Common Units Representing Limited Partner Interests Disposition 2018-09-18 9,444 $12.40 8,524 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Units Phantom Units Disposition 2018-09-14 9,443 $0.00 9,443 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
67,159 2018-09-14 2018-09-14 No 4 M Direct
Footnotes
  1. Each phantom unit was the economic equivalent of, and was settled for, one Common Unit representing limited partner interests in Hi-Crush Partners, LP (the "Partnership").
  2. The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 3, 2018 and represents the number of Common Units sold by the Reporting Person to cover, in part, estimated tax withholding obligations in connection with the vesting of the phantom units for Common Units listed in Table II.
  3. The Reporting Person is a participant in the Partnership's First Amended and Restated Long-Term Incentive Plan (the "Plan") and received 18,887 phantom units under the Plan on September 14, 2016. 50% of such phantom units vested on September 14, 2018, as the Reporting Person remained employed during the two-year period. Each phantom unit represents the right to receive, upon vesting, one Common Unit representing limited partner interests in the Partnership, along with tandem distribution equivalent rights. The phantom units expire upon settlement.
  4. Includes all phantom units beneficially owned by the Reporting Person following this reported transaction, including previously reported phantom units with varying vesting terms.