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Re: StrategyTrader post# 145

Tuesday, 10/11/2016 8:01:56 PM

Tuesday, October 11, 2016 8:01:56 PM

Post# of 2020
WRONG.

Looks like you didn't read the footnotes. Let me paste them for you down below.

Explanation of Responses:
( 1) The Reporting Person is a participant in the Atlas Energy Group, LLC (the "Company") 2015 Long-Term Incentive Plan (the "Plan"). The Reporting Person received 200,000 phantom units under the Plan on October 6, 2016. Each phantom unit represents the right to receive, upon vesting, one common unit of the Company. The phantom units in the Plan vest 33% per year. The units are receivable without additional consideration.
( 2) This amount includes 450,000 common units underlying the equivalent number of phantom units.
( 3) The Reporting Person is a co-trustee of Arete Foundation, a charitable foundation. The Reporting Person disclaims beneficial ownership to these units.

In simple words, insiders printed some shares which now they'll dump on the little retail guys. This is a scam make no mistake. All imo.

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