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HCLP Hi-Crush Partners LP Common Units Representing Limited Partner Interests

2.30
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hi-Crush Partners LP Common Units Representing Limited Partner Interests NYSE:HCLP NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.30 0.00 01:00:00

Initial Statement of Beneficial Ownership (3)

29/05/2019 9:12pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

OEHLERT MICHAEL A

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/21/2019 

3. Issuer Name and Ticker or Trading Symbol

Hi-Crush Partners LP [HCLP]

(Last)        (First)        (Middle)

1330 POST OAK BLVD, SUITE 600

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Chief Operating Officer /

(Street)

HOUSTON, TX 77056       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Units     (1) (2) (3)   (1) (2) (3) Common Units   67847.0     (1) (2) (3) D    

Explanation of Responses:
(1)  The reporting person is a participant in the Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan and received 42,168 phantom units on August 1, 2017. If the reporting person remains employed on August 1, 2019, 50% of the phantom units will vest at the end of such two-year vesting period, and if the reporting person remains employed on August 1, 2020, the remaining 50% of the phantom units will vest at the end of such three-year vesting period. Each phantom unit represents the right to receive, upon vesting, one common unit representing limited partner interests in Hi-Crush Partners LP (the "Partnership"), along with tandem distribution equivalent rights ("DERs"). The DERs are payable in cash. The phantom units expire upon settlement.
(2)  The reporting person received 12,712 phantom units on June 2, 2018. If the reporting person remains employed on June 2, 2020, 50% of the phantom units will vest at the end of such two-year vesting period, and if the reporting person remains employed on June 2, 2021, the remaining 50% of the phantom units will vest at the end of such three-year vesting period. Each phantom unit represents the right to receive, upon vesting, one common unit representing limited partner interests in the Partnership, along with tandem DERs. The DERs are payable in cash. The phantom units expire upon settlement.
(3)  The reporting person received 12,967 phantom units on September 27, 2018. If the reporting person remains employed on September 27, 2020, 50% of the phantom units will vest at the end of such two-year vesting period, and if the reporting person remains employed on September 27, 2021, the remaining 50% of the phantom units will vest at the end of such three-year vesting period. Each phantom unit represents the right to receive, upon vesting, one common unit representing limited partner interests in the Partnership, along with tandem DERs. The DERs are payable in cash. The phantom units expire upon settlement.

Remarks:
EXHIBIT LIST: Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
OEHLERT MICHAEL A
1330 POST OAK BLVD
SUITE 600
HOUSTON, TX 77056


Chief Operating Officer

Signatures
/s/ Michael A. Oehlert by Mark C. Skolos as Attorney-in-Fact 5/29/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year Hi-Crush Partners LP Common Units Representing Limited Partner Interests Chart

1 Year Hi-Crush Partners LP Common Units Representing Limited Partner Interests Chart

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1 Month Hi-Crush Partners LP Common Units Representing Limited Partner Interests Chart

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