4//SEC Filing
Fails Karl R 4
Accession 0000950170-24-134567
CIK 0001552275other
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 4:30 PM ET
Size
9.2 KB
Accession
0000950170-24-134567
Insider Transaction Report
Form 4
Sunoco LPSUN
Fails Karl R
EVP & Chief Operations Officer
Transactions
- Award
Common Units
2024-12-05+24,750→ 245,552 total - Tax Payment
Common Units
2024-12-05$54.97/sh−10,114$555,946→ 220,802 total - Award
Cash Units
2024-12-05+8,250→ 8,250 total→ Common Units (8,250 underlying)
Footnotes (3)
- [F1]Payment of tax liability by withholding securities incident to the vesting of Restricted Units issued under one of the Sunoco LP Long-Term Incentive Plans (LTIP). This method is the default option for payment of tax liability upon vesting of LTIP awards.
- [F2]Grant of restricted phantom units awarded under the terms of the Sunoco LP 2018 Long Term Incentive Plan, as amended, that will vest 60% on 12/5/2027 and 40% on 12/5/2029 generally contingent upon the continued employment of the reporting person on each applicable vesting date.
- [F3]An award of cash units granted under the Sunoco LP Long-Term Cash Restricted Unit Plan, scheduled to vest one-third on December 5, 2025, one-third on December 5, 2026, and one-third on December 5, 2027, generally contingent upon the reporting person's continued employment with the Issuer or one of its affiliates on each applicable vesting date. The cash units will be settled solely in cash at the fair market value of the underlying common units based on the average closing price of a common unit for the ten (10) trading days immediately preceding the applicable vesting date.
Documents
Issuer
Sunoco LP
CIK 0001552275
Entity typeother
Related Parties
1- filerCIK 0001694181
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 4:30 PM ET
- Size
- 9.2 KB