Cornell Henry 4
4 · Cypress Energy Partners, L.P. · Filed Mar 9, 2020
Insider Transaction Report
Form 4
Cornell Henry
DirectorOther
Transactions
- Exercise/Conversion
Phantom Units (Limited Partner Interests)
2020-03-07−2,924→ 2,924 total→ Common Units (Limited Partner Interests) (2,924 underlying) - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-03-07+2,924→ 18,186 total
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]Vests in three substantially equal installments commencing on March 7, 2019, 2020 and 2021.
- [F3]The phantom units expire upon settlement. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer.