BOYLAN PETER C 4
4 · Cypress Environmental Partners, L.P. · Filed Mar 10, 2021
Insider Transaction Report
Form 4
BOYLAN PETER C
DirectorSEE REMARKS
Transactions
- Exercise/Conversion
Common Units (Limited Partner Interests)
2021-03-09+23,560→ 177,741 total - Tax Payment
Common Units (Limited Partner Interests)
2021-03-09$3.08/sh−9,896$30,480→ 167,845 total - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2021-03-09−23,560→ 23,560 total→ Common Units (Limited Partner Interests) (23,560 underlying)
Holdings
- 10,342(indirect: By Boylan Capital Partners, LP)
Common Units (Limited Partner Interests)
- 9,900(indirect: By Trust)
Common Units (Limited Partner Interests)
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On March 9, 2017, the Reporting Person was granted 70,680 phantom units which vest in equal installments on March 9, 2020, 2021 and 2022, subject to Reporting Person's continued service with the Issuer through the applicable vesting dates.
- [F3]The phantom units expire on 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.