Sec Form 4 Filing - MARIANI KENNETH @ EV Energy Partners, LP - 2017-01-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MARIANI KENNETH
2. Issuer Name and Ticker or Trading Symbol
EV Energy Partners, LP [ EVEP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ENERVEST LTD.,, 1001 FANNIN STREET - SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
01/13/2017
(Street)
HOUSTON, TX77002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Units 01/13/2017 M 38,500 A 38,500 D
Common Units 01/13/2017 F( 4 ) 12,570 D 25,930 D
Common Units 134,873 I See Footnote ( 2 )
Common Units 30,000 I See Footnote ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nat ure of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Units ( 1 ) 01/13/2017 M 38,500 01/13/2017 01/13/2017 Common Unit 38,500 ( 1 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MARIANI KENNETH
C/O ENERVEST LTD.,
1001 FANNIN STREET - SUITE 800
HOUSTON, TX77002
X
Signatures
/s/ Mariani Kenneth 01/18/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each phantom unit was the economic equivalent of one EVEP common unit at the close of business on the vesting date.
( 2 )Includes Common Units held by KS Mariani, LP, a limited partnership, of which Mr. Mariani is a general partner along with his wife. Mr. Mariani disclaims beneficial ownership of the units owned by KS Mariani, LP except to the extent of his pecuniary interest therein.
( 3 )Represents Common Units held equally by trusts for Mr. Mariani's children. Mr. Mariani disclaims beneficial ownership of the units not owned by him directly.
( 4 )The vesting of phantom units on January 13, 2017 resulted in a net gain of 38,500 directly held common units. To cover the cost of taxes associated with this vesting, the issuer withheld 12,570 common units.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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