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Replies to post #145 on Atlas Energy Group, LLC (fka ATLS)
Rogerthat1
10/11/16 8:01 PM
#146 RE: StrategyTrader #145
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.