McNabb John T II 4
4 · Cypress Environmental Partners, L.P. · Filed May 7, 2020
Insider Transaction Report
Form 4
McNabb John T II
DirectorOther
Transactions
- Award
Phantom Units (Limited Partner Interests)
2020-05-06+7,200→ 7,200 total→ Common Units (Limited Partner Interests) (7,200 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 7,200 phantom units which vest in equal installments on April 1, 2021, 2022 and 2023, 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 discretion of the Issuer.