Mason Thomas P 4
4 · Energy Transfer LP · Filed Dec 20, 2021
Insider Transaction Report
Form 4
Mason Thomas P
EVP and General Counsel
Transactions
- Award
Common Units
2021-12-16+300,300→ 1,460,699 total - Award
Cash Units
2021-12-16+100,100→ 100,100 total→ Common Units (100,100 underlying)
Holdings
- 54,120
Phantom Units
→ Common Units (54,120 underlying)
Footnotes (3)
- [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]Phantom units previously granted under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan that may vest in Partnership units, cash or other securities, generally contingent upon the reporting person's continued employment with the issuer or one of its affiliates on each applicable vesting date.
- [F3]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.