Herbers Jeffrey A 4
4 · Cypress Environmental Partners, L.P. · Filed Mar 10, 2021
Insider Transaction Report
Form 4
Herbers Jeffrey A
See Remarks
Transactions
- Exercise/Conversion
Common Units (Limited Partner Interests)
2021-03-09+2,504→ 17,789 total - Tax Payment
Common Units (Limited Partner Interests)
2021-03-09$3.08/sh−868$2,673→ 16,921 total - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2021-03-09−2,504→ 2,504 total→ Common Units (Limited Partner Interests) (2,504 underlying)
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On March 9, 2017, the Reporting Person was granted 7,511 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 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.