Home > Insider Trading > Filing (0001104659-15-039078)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1555177	Emerge Energy Services Lp	EMES	Oil & Gas Field Services, Nec (1389)	900832937

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1576884	J Richard Shearer	C/O Emerge Energy Services Lp 180 State Street, Suite 225 Southlake TX 76092	Chief Executive Officer	Yes	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	Acquisiton	2015-05-14	265,294	$0.00	280,494	No	4	M	Direct
Common Units	Disposition	2015-05-14	27,350	$36.11	253,144	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	2015-05-14	265,294	$0.00	265,294	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct

Footnotes

Each phantom unit is the economic equivalent of one common unit. The Reporting Person's phantom units were accompanied by tandem distribution equivalent rights ("DERs") which represent rights to receive an amount equal to all or a portion of the cash distributions made on units during the period a phantom unit remains outstanding. On May 15, 2015, 265,294 of the phantom units held by the Reporting Person vested. All of the sales reported in this Form 4 were effectuated to cover the withholding taxes incurred by the Reporting Person upon vesting of such phantom units.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.65 to $36.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
The phantom units vest in annual installments over a period of two years commencing on the grant date of May 13, 2013, subject to continued employment.
The phantom units and DERs do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer.