4//SEC Filing
GENESIS ENERGY LP 4
Accession 0001022321-15-000047
$GELCIK 0001022321operating
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 2:51 PM ET
Size
9.0 KB
Accession
0001022321-15-000047
Insider Transaction Report
Form 4
SIMS GRANT E
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Phantom Units
2015-04-10−38,200→ 33,981 totalFrom: 2015-04-10Exp: 2015-04-10→ Common Units - Class A (38,200 underlying) - Disposition to Issuer
Common Units - Class A
2015-04-10$45.21/sh−57,300$2,590,332→ 2,980,860 total - Exercise/Conversion
Common Units - Class A
2015-04-10+57,300→ 3,038,160 total
Footnotes (4)
- [F1]Pursuant to the terms of the 2012 phantom unit award, because the quarterly distribution on the common units for the fourth quarter of 2014 was $0.57 per unit or greater, 150% of the phantom units awarded vested.
- [F2]The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.
- [F3]Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.
- [F4]1,000 of these Common Units - Class A are held by the reporting person's father. The reporting person disclaims beneficial ownership of these units.
Documents
Issuer
GENESIS ENERGY LP
CIK 0001022321
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001022321
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 2:51 PM ET
- Size
- 9.0 KB