Smith Jeffrey D 4
4 · Calumet Specialty Products Partners, L.P. · Filed Jan 24, 2013
Insider Transaction Report
Form 4
Smith Jeffrey D
VP ? Planning and Economics
Transactions
- Exercise/Conversion
Common Units
2013-01-22+348→ 20,283 total - Exercise/Conversion
Phantom Units
2013-01-22−348→ 0 total→ Common Units (348 underlying)
Footnotes (2)
- [F1]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F2]Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination of service. 25% of the Phantom Units vest on January 22 of each year beginning on January 22, 2010. The reporting person settled the vested phantom units for common units