Home/Filings/4/0001022321-12-000034
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
Period: 2012-03-19
Davis Paul A
SVP - Business Development
Transactions
  • Award

    Waiver Units - Class 1

    2012-03-19+982982 total
    Exp: 2021-01-01Common Units - Class A (982 underlying)
  • Award

    Waiver Units - Class 3

    2012-03-19+982982 total
    Exp: 2021-01-01Common Units - Class A (982 underlying)
  • Exercise/Conversion

    Common Units - Class A

    2012-03-19+98212,206 total
  • Exercise/Conversion

    Waiver Units - Class 1

    2012-03-199820 total
    Exp: 2021-01-01Common Units - Class A (982 underlying)
  • Award

    Common Units - Class A

    2012-03-19+11,22411,224 total
  • Award

    Waiver Units - Class 2

    2012-03-19+982982 total
    Exp: 2021-01-01Common Units - Class A (982 underlying)
  • Award

    Waiver Units - Class 4

    2012-03-19+982982 total
    Exp: 2021-01-01Common 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.

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