Calumet Specialty Products Partners, L.P. 4
4 · Calumet Specialty Products Partners, L.P. · Filed Apr 25, 2016
Insider Transaction Report
Form 4
Murray Richard Patrick II
Vice President and CFO
Transactions
- Exercise/Conversion
Common Units
2016-04-21+1,800→ 44,327 total - Exercise/Conversion
Common Units
2016-04-21+5,400→ 49,727 total - Tax Payment
Common Units
2016-04-21−3,493→ 46,234 total - Exercise/Conversion
Phantom Units
2016-04-21−3,600→ 10,800 total→ Common Units (3,600 underlying) - Exercise/Conversion
Phantom Units
2016-04-21−1,800→ 3,600 total→ Common Units (1,800 underlying) - Exercise/Conversion
Common Units
2016-04-21+3,600→ 42,527 total - Exercise/Conversion
Phantom Units
2016-04-21−5,400→ 0 total→ Common Units (5,400 underlying)
Footnotes (5)
- [F1]The reporting person elected to surrender 3,493 common units to satisfy tax withholding liabilities upon delivery of common units in accordance with Rule 16b-3.
- [F2]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F3]25% of the Phantom Units vested immediately and the remaining vest ratably over three years on December 31 of each year beginning on December 31, 2016.
- [F4]25% of the Phantom Units vested immediately and the remaining vest ratably over three years on December 31 of each year beginning on December 31, 2015.
- [F5]25% of the Phantom Units vested immediately and the remaining vest ratably over three years on December 31 of each year beginning on December 31, 2013.