0001104659-18-050899.txt : 20180809
0001104659-18-050899.hdr.sgml : 20180809
20180809142324
ACCESSION NUMBER: 0001104659-18-050899
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180808
FILED AS OF DATE: 20180809
DATE AS OF CHANGE: 20180809
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kearney Lisa M
CENTRAL INDEX KEY: 0001712260
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32505
FILM NUMBER: 181004507
MAIL ADDRESS:
STREET 1: 1670 BROADWAY
STREET 2: SUITE 3100
CITY: DENVER
STATE: CO
ZIP: 80202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TransMontaigne Partners L.P.
CENTRAL INDEX KEY: 0001319229
STANDARD INDUSTRIAL CLASSIFICATION: PIPE LINES (NO NATURAL GAS) [4610]
IRS NUMBER: 342037221
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1670 BROADWAY
STREET 2: SUITE 3100
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 303-626-8200
MAIL ADDRESS:
STREET 1: 1670 BROADWAY
STREET 2: SUITE 3100
CITY: DENVER
STATE: CO
ZIP: 80202
4
1
a4.xml
4
X0306
4
2018-08-08
0
0001319229
TransMontaigne Partners L.P.
TLP
0001712260
Kearney Lisa M
1670 BROADWAY, SUITE 3100
DENVER
CO
80202
0
1
0
0
VP / Chief Accounting Officer
Phantom Units
2018-08-08
4
A
0
50.0782
0
A
Common Units Representing Limited Partner Interest
50.0782
2494.7764
D
Each phantom unit represents the right to receive one common unit of TransMontaigne Partners L.P. ("TLP") or the cash value thereof.
Represents additional phantom units granted to the Reporting Person under the TLP Management Services LLC Savings and Retention Plan, which constitutes a "Program" under the 2016 Long Term Incentive Plan (the "Plan"), as a result of the quarterly distribution declared on the common units of TLP for the period ended June 30, 2018, which distribution was paid to common unitholders on August 8, 2018. Under the Plan, in lieu of a cash distribution in respect of phantom units, each Plan participant receives additional phantom units equal in value to the aggregate quarterly distribution allocable to the phantom units held by such participant.
Phantom units awarded under the Plan vest 50% as of the first day of the month that falls closest to the second anniversary of the grant date, with the remaining 50% vesting as of the first day of the month that falls closest to the third anniversary of the grant date. The phantom units are subject to earlier vesting upon a change in control or upon achieving certain age or length of service thresholds as defined in the Plan.
Awards are payable as to 50% of a participant's annual award in the month containing the second anniversary of the grant date, and the remaining 50% in the month containing the third anniversary of the grant date, subject to earlier payment upon the participant's retirement after achieving the age or service thresholds, death or disability, involuntary termination without cause or termination following a change in control, each as specified in the plan. Phantom units may be paid out, in the sole discretion of the Plan administrator, in cash or in common units of TLP, or a combination thereof.
The Reporting Person serves as an officer of TransMontaigne GP L.L.C., the general partner of the Issuer. The Issuer has no directors or officers. Instead, the directors of the general partner oversee and manage the Issuers business and operations.
/s/ Michael A. Hammell, attorney in fact for Lisa M. Kearney
2018-08-09