4//SEC Filing
Davis Paul A 4
Accession 0001022321-13-000037
CIK 0001022321other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 4:04 PM ET
Size
6.7 KB
Accession
0001022321-13-000037
Insider Transaction Report
Form 4
Davis Paul A
SVP - Business Development
Transactions
- Award
Phantom Units
2013-04-09+9,035→ 9,035 totalFrom: 2016-04-09Exp: 2016-04-09→ Common Units - Class A (9,035 underlying)
Footnotes (3)
- [F1]The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date.
- [F2]Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A 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 $0.54 per unit for the fourth quarter of 2015 (which would be paid in the first quarter of 2016), all of the phantom units granted will be forfeited; (b) if the quarterly distribution on the common units for the fourth quarter of 2015 is $0.54 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 2015 is $0.58 per unit, 100% of the phantom units granted will vest; and (d) if the distribution on the common units for the fourth quarter of 2015 is $0.63 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 2015 be between the range of $0.54 per unit and $0.63 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 0001545424
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 4:04 PM ET
- Size
- 6.7 KB