Sturrock Troy 4
4 · Energy Transfer LP · Filed Dec 20, 2021
Insider Transaction Report
Form 4
Sturrock Troy
SVP & Controller
Transactions
- Award
Common Units
2021-12-16+57,375→ 259,785 total - Award
Cash Units
2021-12-16+19,125→ 19,125 total→ Common Units (19,125 underlying)
Footnotes (2)
- [F1]An award of restricted units granted under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan, scheduled to vest 60% on December 5, 2024 and 40% on December 5, 2026, generally contingent upon the reporting person's continued employment with the Issuer or one of its affiliates on each applicable vesting date.
- [F2]An award of cash units granted under the Energy Transfer LP Long-Term Cash Restricted Unit Plan, scheduled to vest one-third on December 5, 2022, one-third on December 5, 2023, and one-third on December 5, 2024, generally contingent upon the reporting person's continued employment with the Issuer or one of its affiliates on each applicable vesting date. The cash units will be settled solely in cash at the fair market value of the underlying common units based on the average closing price of a common unit for the ten (10) trading days immediately preceding the applicable vesting date.