Form Type: 4

SEC EDGAR Link
Accession Number:0001549848-19-000022
Date:2019-02-01
Issuer: HI-CRUSH PARTNERS LP (HCLP)
Original Submission Date:

Reporting Person:

BARKER WILLIAM E
1330 POST OAK BLVD
SUITE 600 HOUSTON, TX 77056

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON UNITS REPRESENTING LIMITED PARTNER INTERESTS 2019-02-01 M 11,064 a $0.00 19,588 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PHANTOM UNITS 0.0 2019-02-01 deemed execution date M 11,064 (d) 2019-02-01 2019-02-01 common units 11,064 $0.00 174,802 direct
Footnotes
IDfootnote
f1 each phantom unit was the economic equivalent of, and was settled for, one common unit representing limited partner interests in the partnership.
f2 the reporting person is a participant in the hi-crush partners lp first amended and restated long-term incentive plan (the "plan") and received 11,524 phantom units on september 14, 2016 (the "2016 performance award") vesting based on the partnership's performance compared to the performance of entities in a designated peer group for the three-year period ending december 31, 2018. 96% of the 2016 performance award phantom units vested and settled on february 1, 2019 and the remaining 4% of the 2016 performance award phantom units expired on that date. 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 vesting phantom units expire upon settlement.
f3 includes all phantom units beneficially owned by the reporting person following this reported transaction, including previously reported phantom units with varying vesting terms.
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