STRATTON MARC DAVID (See remarks below.) exercised options at SUMMIT MIDSTREAM PARTNERS, LP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

STRATTON MARC DAVID

Filed: 3/17/2020ACC: 0001209191-20-019756

InsiderSTRATTON MARC DAVIDCIK 1761288

→

IssuerSUMMIT MIDSTREAM PARTNERS, LPCIK 1549922

Officer· See remarks below.

Since Dec 2018

-27.63K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

27.63K acquired · 55.25K disposed

Non-Derivative Transactions1

Common Units

Direct

M · Option Exercise

+27.63K

Price / share

—

Trade value

—

% of position

84.9%

3/15/2020

32.55K→60.17K

Total

Net shares

+27.63K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units Direct	3/15/2020	M · Option Exercise	+27.63K	—	—	84.9%	32.55K	60.17K
Total			+27.63K		$0.00

Derivative Transactions6

Phantom Units

Direct

M · Option Exercise

Converts to

Common Units

3.11K shares

−3.11K

Strike price

Held after

0.00

Exercisable

—

3/15/2020

Distribution Equivalent Rights

Direct

D · Disposition

Converts to

Common Units

3.11K shares

−3.11K

Strike price

5.5875

Held after

0.00

Exercisable

—

3/15/2020

Phantom Units

Direct

M · Option Exercise

Converts to

Common Units

4.92K shares

−4.92K

Strike price

Held after

4.92K

Exercisable

—

3/15/2020

Distribution Equivalent Rights

Direct

D · Disposition

Converts to

Common Units

4.92K shares

−4.92K

Strike price

3.2875

Held after

0.00

Exercisable

—

3/15/2020

Phantom Units

Direct

M · Option Exercise

Converts to

Common Units

19.60K shares

−19.60K

Strike price

Held after

39.20K

Exercisable

—

3/15/2020

Distribution Equivalent Rights

Direct

D · Disposition

Converts to

Common Units

19.60K shares

−19.60K

Strike price

0.9875

Held after

0.00

Exercisable

—

3/15/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Phantom Units Direct	Common Units3.11K shares	3/15/2020	M · Option Exercise	−3.11K		—	0.00
Distribution Equivalent Rights Direct	Common Units3.11K shares	3/15/2020	D · Disposition	−3.11K	5.5875	—	0.00
Phantom Units Direct	Common Units4.92K shares	3/15/2020	M · Option Exercise	−4.92K		—	4.92K
Distribution Equivalent Rights Direct	Common Units4.92K shares	3/15/2020	D · Disposition	−4.92K	3.2875	—	0.00
Phantom Units Direct	Common Units19.60K shares	3/15/2020	M · Option Exercise	−19.60K		—	39.20K
Distribution Equivalent Rights Direct	Common Units19.60K shares	3/15/2020	D · Disposition	−19.60K	0.9875	—	0.00