4//SEC Filing
Nathanson Steven R 4
Accession 0001022321-10-000092
CIK 0001022321other
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 9:11 AM ET
Size
15.1 KB
Accession
0001022321-10-000092
Insider Transaction Report
Form 4
Nathanson Steven R
President, Refinery Srvcs Div
Transactions
- Award
Waiver Units - Class 2
2010-12-28+53,944→ 53,944 totalExp: 2021-01-01→ Common Units - Class A (53,944 underlying) - Award
Waiver Units - Class 1
2010-12-28+53,944→ 53,944 totalExp: 2021-01-01→ Common Units - Class A (53,944 underlying) - Award
Waiver Units - Class 3
2010-12-28+53,944→ 53,944 totalExp: 2021-01-01→ Common Units - Class A (53,944 underlying) - Award
Common Units - Class A
2010-12-28+616,512→ 746,419 total - Award
Waiver Units - Class 4
2010-12-28+53,944→ 53,944 totalExp: 2021-01-01→ Common Units - Class A (53,944 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of December 28, 2010, by and among Genesis Energy, L.P. (the "Partnership"), Genesis Acquisition, LLC and Genesis Energy, LLC (the "Merger Agreement") as Merger Consideration (as defined in the Merger Agreement). On the effective date of the merger, the closing price of the Common Units - Class A of the Partnership on the New York Stock Exchange was $26.24.
- [F2]The Waiver Units, among other rights, preferences and privileges, are entitled to quarterly distributions of $0.001786 per Waiver Unit and are convertible on a one-for-one basis at the option of the holder upon, among other things, payment of a quarterly distribution on the Common Units that has a coverage ratio of at least 1.10 and equals or exceeds the applicable distribution level: (i) Class 1 - $0.43 per Common Unit; (ii) Class 2 - $0.46 per Common Unit; (iii) Class 3 - $0.49 per Common Unit; and (iv) Class 4 - $0.52 per Common Unit. The Waiver Units will also automatically convert to Common Units - Class A upon the six-month anniversary of the occurrence of the circumstances that give rise to the right of the holder to convert.
- [F3]Waiver Units that have become convertible by January 1, 2021 shall, as of the close of business on such date, automatically be cancelled.
Documents
Issuer
GENESIS ENERGY LP
CIK 0001022321
Entity typeother
Related Parties
1- filerCIK 0001484562
Filing Metadata
- Form type
- 4
- Filed
- Dec 29, 7:00 PM ET
- Accepted
- Dec 30, 9:11 AM ET
- Size
- 15.1 KB