4//SEC Filing
Davis Paul A 4
Accession 0001022321-12-000034
CIK 0001022321other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 2:18 PM ET
Size
18.4 KB
Accession
0001022321-12-000034
Insider Transaction Report
Form 4
Davis Paul A
SVP - Business Development
Transactions
- Award
Waiver Units - Class 1
2012-03-19+982→ 982 totalExp: 2021-01-01→ Common Units - Class A (982 underlying) - Award
Waiver Units - Class 3
2012-03-19+982→ 982 totalExp: 2021-01-01→ Common Units - Class A (982 underlying) - Exercise/Conversion
Common Units - Class A
2012-03-19+982→ 12,206 total - Exercise/Conversion
Waiver Units - Class 1
2012-03-19−982→ 0 totalExp: 2021-01-01→ Common Units - Class A (982 underlying) - Award
Common Units - Class A
2012-03-19+11,224→ 11,224 total - Award
Waiver Units - Class 2
2012-03-19+982→ 982 totalExp: 2021-01-01→ Common Units - Class A (982 underlying) - Award
Waiver Units - Class 4
2012-03-19+982→ 982 totalExp: 2021-01-01→ Common Units - Class A (982 underlying)
Footnotes (3)
- [F1]Granted in connection with the appointment of the reporting person to the position of Senior Vice President - Business Development of the general partner of Genesis Energy, L.P. (the "Partnership"). On that date, March 19, 2012, the closing price of the Common Units - Class A of the Partnership on the New York Stock Exchange was $33.00.
- [F2]The Waiver Units, among other rights, preferences and privileges, are entitled to quarterly distributions of $0.001786 per Waiver Unit and are convertible into Common Units - Class A on a one-for-one basis at the option of the holder upon, among other things, payment of a quarterly cash 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. The Waiver Units - Class 1 became convertible on February 16, 2012.
- [F3]Waiver Units that have not 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 0001545424
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 2:18 PM ET
- Size
- 18.4 KB