Mason Thomas P 4
4 · Energy Transfer LP · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Mason Thomas P
EVP and General Counsel
Transactions
- Award
Common Units
2023-12-08+187,500→ 1,817,753 total - Award
Cash Units
2023-12-08+62,500→ 153,375 total→ Common Units (62,500 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, 2026 and 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.