4//SEC Filing
CARSON RICHARD M 4
Accession 0001209191-21-036784
CIK 0001587246other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 3:19 PM ET
Size
6.5 KB
Accession
0001209191-21-036784
Insider Transaction Report
Form 4
CARSON RICHARD
SEE REMARKS
Transactions
- Award
Unit Appreciation Right
2021-05-28+115,000→ 115,000 totalExercise: $2.14From: 2024-05-28Exp: 2031-05-28→ Common Units (Limited Partner Interests) (115,000 underlying)
Footnotes (1)
- [F1]On May 28, 2021, the Reporting Person was granted 115,000 Unit Appreciation Rights ("UARs") pursuant to the Issuer's 2013 Long-Term Incentive Plan (the "Plan"). The UARs vest in equal installments on March 28, 2024, 2025 and 2026. Each UAR that vests represents the right to receive payment, in accordance with the Plan, in an amount equal to the excess, if any, of the fair market value of one Common Unit over the per Unit exercise price of the UAR upon exercise of the UAR. The Reporting Person is entitled to cash or common units (valued at the fair market value on the date of exercises), or a combination thereof, as determined by the administrator of the Plan.
Documents
Issuer
Cypress Environmental Partners, L.P.
CIK 0001587246
Entity typeother
Related Parties
1- filerCIK 0001596728
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 3:19 PM ET
- Size
- 6.5 KB