Herbers Jeffrey A 4
4 · Cypress Environmental Partners, L.P. · Filed May 7, 2020
Insider Transaction Report
Form 4
Herbers Jeffrey A
See Remarks
Transactions
- Award
Phantom Units (Limited Partner Interests)
2020-05-06+28,100→ 28,100 total→ Common Units (Limited Partner Interests) (28,100 underlying)
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On May 6, 2020, the Reporting Person was granted 28,100 phantom units which vest in equal installments on April 1, 2023, 2024 and 2025, 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.