0001179110-18-009412.txt : 20180703
0001179110-18-009412.hdr.sgml : 20180703
20180703185840
ACCESSION NUMBER: 0001179110-18-009412
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180701
FILED AS OF DATE: 20180703
DATE AS OF CHANGE: 20180703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Allan Bret Montgomery
CENTRAL INDEX KEY: 0001644470
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35719
FILM NUMBER: 18939021
MAIL ADDRESS:
STREET 1: 1717 MAIN STREET
STREET 2: SUITE 5200
CITY: DALLAS
STATE: TX
ZIP: 75201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Southcross Energy Partners, L.P.
CENTRAL INDEX KEY: 0001547638
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 455045230
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1700 PACIFIC AVENUE, SUITE 2900
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 214-979-3700
MAIL ADDRESS:
STREET 1: 1700 PACIFIC AVENUE, SUITE 2900
CITY: DALLAS
STATE: TX
ZIP: 75201
4
1
edgar.xml
FORM 4 -
X0306
4
2018-07-01
0
0001547638
Southcross Energy Partners, L.P.
SXE
0001644470
Allan Bret Montgomery
C/O SOUTHCROSS ENERGY PARTNERS, L.P.
1717 MAIN STREET, SUITE 5200
DALLAS
TX
75201
0
1
0
0
See Remarks
Common Units (Limited Partnership Interests)
2018-07-01
4
M
0
12000
A
29436
D
Common Units (Limited Partnership Interests)
2018-07-01
4
F
0
2922
1.55
D
26514
D
Phantom Units
2018-07-01
4
M
0
12000
D
Common Units
12000
0
D
On July 1, 2018, one-third of the 36,000 phantom units awarded to the Reporting Person on July 1, 2015 vested. All of such vested phantom units were settled in common units (on a one-for-one basis) that were issued to the Reporting Person on such date.
One-third of the 36,000 phantom units vest on each of the first, second, and third anniversaries of the grant date (July 1, 2015), subject to continued employment and accelerated vesting as provided in the underlying award agreement. The Reporting Person received, and will receive, distribution equivalent rights for each phantom unit, providing for payment on each vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the reported phantom units.
The phantom units do not expire. Upon vesting, the phantom units are settled in common units (on a one-for-one basis).
The Reporting Person is the Senior Vice President and Chief Financial Officer of Southcross Energy Partners 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/ Bret M. Allan
2018-07-03