Filing Details
- Accession Number:
- 0001367064-15-000014
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-11-05 19:28:27
- Reporting Period:
- 2014-03-05
- Filing Date:
- 2015-11-05
- Accepted Time:
- 2015-11-05 19:28:27
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1367064 | Archrock Partners L.p. | APLP | Natural Gas Transmission (4922) | 223935108 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1376754 | K Daniel Schlanger | 4444 Brittmoore Road Houston TX 77041 | Senior Vice President | 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 | Disposition | 2014-03-05 | 2,750 | $30.53 | 15,766 | No | 4 | S | Direct | |
| Common Units | Acquisiton | 2015-11-03 | 2,870 | $0.00 | 18,636 | No | 4 | M | Direct | |
| Common Units | Disposition | 2015-11-03 | 1,205 | $20.02 | 17,431 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Units | Phantom Units with tandem DERs | Acquisiton | 2015-11-03 | 1,122 | $0.00 | 1,122 | $0.00 |
| Common Units | Phantom Units with tandem DERs | Acquisiton | 2015-11-03 | 1,748 | $0.00 | 1,748 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- Sale of common units was pursuant to a Rule 10b5-1 Plan entered into by the reporting person on 6/13/2013. The sale of shares was to satisfy tax withholding requirements and was not reported timely due to an administrative error.
- This transaction represents the accelerated vesting of outstanding phantom units with tandem Distribution Equivalent Rights (DERs) granted to the reporting person under the Issuer's Long Term Incentive Plan. Vesting is in connection with the reporting person's resignation following the spin-off of the Issuer's managing partner's parent company (Exterran Holdings, Inc., renamed Archrock, Inc.). Each phantom unit vested in the form of a common unit. The DERs were paid in cash. Pursuant to the applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units of EXLP is reported on this Form 4 as a disposition of the phantom units and a simultaneous acquisition of the underlying common units.
- Issuer withheld the maximum allowable units to satisfy the tax withholding obligations associated with the vesting of phantom units.
Billionaire Hedge Funds
