Herbers Jeffrey A 4
4 · Cypress Environmental Partners, L.P. · Filed Nov 3, 2020
Insider Transaction Report
Form 4
Herbers Jeffrey A
See Remarks
Transactions
- Tax Payment
Common Units (Limited Partner Interests)
2020-11-02$2.12/sh−994$2,107→ 12,345 total - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-11-02+3,384→ 13,339 total - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2020-11-02−3,384→ 3,384 total→ Common Units (Limited Partner Interests) (3,384 underlying)
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On November 2, 2016, the Reporting Person was granted 10,152 phantom units which vest in equal installments on November 2, 2019, 2020 and 2021, 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.