CARSON RICHARD M 4
4 · Cypress Environmental Partners, L.P. · Filed Mar 9, 2021
Insider Transaction Report
Form 4
CARSON RICHARD
SEE REMARKS
Transactions
- Tax Payment
Common Units (Limited Partner Interests)
2021-03-07$3.02/sh−5,082$15,348→ 67,183 total - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2021-03-07−14,666→ 29,334 total→ Common Units (Limited Partner Interests) (14,666 underlying) - Exercise/Conversion
Common Units (Limited Partner Interests)
2021-03-07+14,666→ 72,265 total
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]The phantom units vest in equal installments on March 7, 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 desertion of the Issuer.