CARSON RICHARD M 4
4 · Cypress Environmental Partners, L.P. · Filed Mar 27, 2020
Insider Transaction Report
Form 4
CARSON RICHARD
SEE REMARKS
Transactions
- Exercise/Conversion
Phantom Units (Limited Partner Interests)
2020-03-26−5,428→ 0 total→ Common Units (Limited Partner Interests) (5,428 underlying) - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-03-26+5,428→ 59,193 total - Tax Payment
Common Units (Limited Partner Interests)
2020-03-26$4.62/sh−1,594$7,364→ 57,599 total
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On March 26, 2015, the Reporting Person was granted 16,282 phantom units which vest in equal installments on March 26, 2018, 2019 and 2020, 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.