CARSON RICHARD M 4
4 · Cypress Environmental Partners, L.P. · Filed Mar 11, 2021
Insider Transaction Report
Form 4
CARSON RICHARD
SEE REMARKS
Transactions
- Exercise/Conversion
Common Units (Limited Partner Interests)
2021-03-10+9,868→ 82,192 total - Tax Payment
Common Units (Limited Partner Interests)
2021-03-10$3.15/sh−3,420$10,773→ 78,772 total - Exercise/Conversion
Phantom Units (Limited Partner Interests)
2021-03-10−9,868→ 0 total→ Common Units (Limited Partner Interests) (9,868 underlying)
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit.
- [F2]On March 10, 2016, the Reporting Person was granted 29,602 phantom units which vest in equal installments on March 10, 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.