CARSON RICHARD M 4
4 · Cypress Energy Partners, L.P. · Filed Mar 11, 2020
Insider Transaction Report
Form 4
CARSON RICHARD
SEE REMARKS
Transactions
- Tax Payment
Common Units (Limited Partner Interests)
2020-03-09$6.30/sh−2,310$14,553→ 46,794 total - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-03-10+9,867→ 56,661 total - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-03-09+7,868→ 49,104 total - Tax Payment
Common Units (Limited Partner Interests)
2020-03-10$5.97/sh−2,896$17,289→ 53,765 total - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2020-03-09−7,868→ 15,737 total→ Common Units (Limited Partner Interests) (7,868 underlying) - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2020-03-10−9,867→ 9,868 total→ Common Units (Limited Partner Interests) (9,867 underlying)
Footnotes (4)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On March 9, 2017, the Reporting Person was granted 23,605 phantom units which vest in equal installments on March 9, 2020, 2021 and 2022, subject to Reporting Person's continued service with the Issuer through the applicable vesting dates.
- [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 desertion of the Issuer.
- [F4]On March 10, 2016, the Reporting Person was granted 26,602 phantom units which vest in equal installments on March 10, 2019, 2020 and 2021, subject to Reporting Person's continued service with the Issuer through the applicable vesting dates.