0001549848-17-000032.txt : 20170302 0001549848-17-000032.hdr.sgml : 20170302 20170302195418 ACCESSION NUMBER: 0001549848-17-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170228 FILED AS OF DATE: 20170302 DATE AS OF CHANGE: 20170302 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Hi-Crush Partners LP CENTRAL INDEX KEY: 0001549848 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 900840530 STATE OF INCORPORATION: de FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: Three Riverway STREET 2: Suite 1550 CITY: Houston STATE: TX ZIP: 77056 BUSINESS PHONE: 713-963-0099 MAIL ADDRESS: STREET 1: Three Riverway STREET 2: Suite 1550 CITY: Houston STATE: TX ZIP: 77056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Barker William E CENTRAL INDEX KEY: 0001660841 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35630 FILM NUMBER: 17661053 MAIL ADDRESS: STREET 1: THREE RIVERWAY, SUITE 1350 CITY: HOUSTON STATE: TX ZIP: 77056 4 1 wf-form4_148850244401061.xml FORM 4 X0306 4 2017-02-28 0 0001549848 Hi-Crush Partners LP HCLP 0001660841 Barker William E THREE RIVERWAY SUITE 1350 HOUSTON TX 77056 0 1 0 0 Vice President Common Units 2017-02-28 4 M 0 17298 5.14 A 18838 D Common Units 2017-02-28 4 S 0 4100 17.6881 D 14738 D Purchase Rights for Units 5.14 2017-02-28 4 M 0 17298 0 D 2017-02-28 2017-02-28 Common Units 17298.0 0 D Exercise of purchase rights for common units exempt under Rule 16b-3. On December 14, 2015, the reporting person was granted the right to purchase, on February 28, 2017, at $5.14 per common unit, up to the number of common units that are equal to (i) his elected percentage of compensation multiplied by (ii) his actual eligible compensation during the period of the Hi-Crush Partners LP Unit Purchase Program's ("UPP") applicability, divided by (iii) 5.14; provided that such number of common units shall be capped at 20,000 common units. The number of derivative securities acquired and underlying common units reported on his Form 4 filed December 16, 2015, which was 16,643, was based on the application of the foregoing formula using his elected percentage of compensation and amount of eligible compensation at such time. Due to increases in his actual eligible compensation, based on the application of the foregoing formula on the February 28, 2017 purchase date, he had the right to purchase, and did purchase, 17,298 common units. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the person on December 9, 2016 and represents the number of common units sold by the reporting person to cover estimated tax withholding obligations in connection with the vesting of the Purchase Rights for Units listed in Table II. The price reported in Column 4 is a weighted average price. The common units were sold in multiple transactions at prices ranging from $17.45 to $17.90, inclusive. The reporting person undertakes to provide to Hi-Crush Partners LP, any security holder of Hi-Crush Partners LP, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the range set forth in this footnote. /s/ William E. Barker by Mark C. Skolos as Attorney-in-Fact 2017-03-02