MCCREA MARSHALL S III 4
4 · Energy Transfer LP · Filed Dec 12, 2023
Insider Transaction Report
Form 4
MCCREA MARSHALL S III
Director
Transactions
- Award
Common Units
2023-12-08+782,138→ 7,222,754 total - Award
Cash Units
2023-12-08+260,712→ 598,396 total→ Common Units (260,712 underlying)
Holdings
- 45,389(indirect: By: Son)
Common Units
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, 2026 and the remaining 40% on December 5, 2028 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, 2024, one-third on December 5, 2025, and one-third 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. 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.