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