Wright James M. 4
4 · Energy Transfer LP · Filed Feb 10, 2023
Insider Transaction Report
Form 4
Wright James M.
EVP, GC & CCO
Transactions
- Award
Common Units
2022-12-12+131,250→ 651,395 total - Award
Cash Units
2022-12-12+43,750→ 105,990 total→ Common Units (43,750 underlying)
Footnotes (2)
- [F1]An award of Restricted Units granted under the Energy Transfer LP Long-Term Incentive Plan that will vest 60% on December 5, 2025 and the remaining 40% on December 5, 2027 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, 2023, one-third on December 5, 2024, and one-third on December 5, 2025, 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.