0001617798-16-000078.txt : 20160614
0001617798-16-000078.hdr.sgml : 20160614
20160614180148
ACCESSION NUMBER: 0001617798-16-000078
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160610
FILED AS OF DATE: 20160614
DATE AS OF CHANGE: 20160614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PennTex Midstream Partners, LP
CENTRAL INDEX KEY: 0001617798
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11931 WICKCHESTER LANE, SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77043
BUSINESS PHONE: 832-456-4000
MAIL ADDRESS:
STREET 1: 11931 WICKCHESTER LANE, SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77043
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Staffel Chris E
CENTRAL INDEX KEY: 0001625609
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37412
FILM NUMBER: 161713974
MAIL ADDRESS:
STREET 1: 11931 WICKCHESTER LANE
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77043
4
1
wf-form4_146594169528388.xml
FORM 4
X0306
4
2016-06-10
0
0001617798
PennTex Midstream Partners, LP
PTXP
0001625609
Staffel Chris E
11931 WICKCHESTER LANE, SUITE 300
HOUSTON
TX
77043
0
1
0
0
SEE REMARKS
COMMON UNITS (LIMITED PARTNER INTERESTS)
2016-06-10
4
M
0
8475
0
A
9475
D
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-06-10
4
M
0
11667
0
D
COMMON UNITS (LIMITED PARTNER INTERESTS)
11667.0
23333
D
PHANTOM UNITS (RIGHTS TO COMMON UNITS)
2016-06-10
4
A
0
17695
0
A
COMMON UNITS (LIMITED PARTNER INTERESTS)
17695.0
17695
D
Represents the issuance of common units, net of taxes paid, in respect of phantom units that vested on June 10, 2016.
The phantom units expire upon settlement. Upon vesting, the phantom units are settled in common units (on a one-for-one basis) or, at the discretion of the Issuer, in cash.
Represents the settlement of phantom units granted on June 10, 2015, subject to a Phantom Unit Agreement, under the PennTex Midstream Partners, LP 2015 Long-Term Incentive Plan (the "2015 LTIP").
The phantom units granted on June 10, 2015 vest in the following intervals: (i) 11,667 phantom units on June 10, 2016, (ii) 11,667 phantom units on June 10, 2017, and (iii) 11,666 phantom units on June 10, 2018.
Represents phantom units granted on June 10, 2016, subject to a Phantom Unit Agreement, under the 2015 LTIP.
The phantom units vest in the following intervals: (i) 5,898 phantom units on June 10, 2017, (ii) 5,898 phantom units on June 10, 2018, and (iii) 5,899 phantom units on June 10, 2019.
The reporting person is the Vice President, Administration of PennTex Midstream GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.
/s/ Stephen M. Moore, Attorney-in-Fact for Chris E. Staffel
2016-06-14