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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).STATEMENT
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Open the unit accrual system
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Enter the quantity '3' in the units field
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3 phantom units accrued refer to non-existent units or shares that are used to calculate bonuses or incentives.
Employers who offer phantom unit plans or incentive schemes that include 3 phantom units accrued.
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The purpose of 3 phantom units accrued is to provide employees with additional incentives linked to the company's performance without diluting ownership.
The employer must report the number of phantom units accrued, the value assigned to each unit, and any conditions attached to the payout.
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