Calumet Specialty Products Partners, L.P. 4
4 · Calumet Specialty Products Partners, L.P. · Filed Aug 18, 2014
Insider Transaction Report
Form 4
Barnhart Timothy R
Vice President - Operations
Transactions
- Award
Phantom Units
2014-08-14$29.97/sh+24$719→ 1,374 total→ Common Units (24 underlying) - Award
Phantom Units
2014-08-14$29.97/sh+34$1,019→ 1,800 total→ Common Units (34 underlying) - Award
Phantom Units
2014-08-14$29.97/sh+43$1,289→ 2,140 total→ Common Units (43 underlying) - Award
Phantom Units
2014-08-14$29.97/sh+482$14,446→ 21,553 total→ Common Units (482 underlying)
Footnotes (5)
- [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 date. Phantom Units are 100% vested. The reporting person settled the vested phantom units for common units.
- [F3]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 July 1 of each year beginning on July 1, 2012.
- [F4]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 July 1 of each year beginning on July 1, 2013.
- [F5]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 July 1 of each year beginning on July 1, 2014.