Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | EVA | Phantom units | Jul 27, 2021 | Common units representing limited partner interests | 1.5K | $0.00 | Direct | F1 |
Id | Content |
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F1 | Form 3 filed to report 1,502 phantom units granted to the Reporting Person prior to his appointment as Chief Accounting Officer of Enviva Partners GP, LLC, the general partner of the Issuer. Each phantom unit is the economic equivalent of one common unit and includes a tandem grant of a distribution equivalent right entitling the holder to receive an amount in cash equal to the value of any cash distributions paid to the holders of the Issuer's common units during the period in which the phantom unit is outstanding. The phantom units will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or common units. |