4//SEC Filing
Nathanson Steven R 4
Accession 0001022321-11-000029
CIK 0001022321other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 7:58 PM ET
Size
6.6 KB
Accession
0001022321-11-000029
Insider Transaction Report
Form 4
Nathanson Steven R
President, Refinery Srvcs Div
Transactions
- Award
Phantom Units
2011-04-29+17,729→ 25,759 totalFrom: 2014-04-29Exp: 2014-04-29→ Common Units - Class A (17,729 underlying)
Footnotes (3)
- [F1]The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately prior to the date of vesting.
- [F2]Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each common unit will be paid quarterly on the number of units corresponding to the number of units in the initial grant.
- [F3]Award will vest as follows: (a) if the quarterly distribution on the common units is less than $0.46 per unit for the fourth quarter of 2013 (which would be paid in the first quarter of 2014), all of the phantom units granted will be forfeited; (b) if the quarterly distribution on the common units for the fourth quarter of 2013 is $0.46 per unit, 50% of the phantom units granted will vest and the remainder will be forfeited; (c) if the distribution on the common units for the fourth quarter of 2013 is $0.49 per unit, 100% of the phantom units granted will vest; and (d) if the distribution on the common units for the fourth quarter of 2013 is $0.52 per unit or greater, 150% of the phantom units granted will vest. Should the quarterly distribution on the common units for the fourth quarter of 2013 be between the range of $0.46 per unit and $0.52 per unit, the phantom units will vest between 50% and 150% of the number granted on a pro rata basis.
Documents
Issuer
GENESIS ENERGY LP
CIK 0001022321
Entity typeother
Related Parties
1- filerCIK 0001484562
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 7:58 PM ET
- Size
- 6.6 KB