Calumet Specialty Products Partners, L.P. 4
4 · Calumet Specialty Products Partners, L.P. · Filed May 25, 2016
Insider Transaction Report
Form 4
Grube Ferdinand William
DirectorPresident and CEOOther
Transactions
- Tax Payment
Common Units
2016-05-20−25,892→ 181,728 total - Award
Restricted Units
2016-05-20$3.92/sh+81,805$320,676→ 81,805 total→ Common Units (81,805 underlying) - Exercise/Conversion
Restricted Units
2016-05-20−81,805→ 0 total→ Common Units (81,805 underlying) - Exercise/Conversion
Common Units
2016-05-20+81,805→ 207,620 total
Holdings
- 38,105(indirect: See footnote (2))
Common Units
- 775,000(indirect: By LLC)
Common Units
Footnotes (4)
- [F1]The reporting person elected to surrender 25,892 common units to satisfy tax withholding liabilities upon delivery of common units in accordance with Rule 16b-3.
- [F2]Common units owned by Mr. Grube's spouse. Mr. Grube disclaims beneficial ownership of these common units, and the inclusion of these common units in this report shall not be deemed an admission of beneficial ownership of the reported common units for purposes of Section 16 or for any other purpose.
- [F3]Each Restricted Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F4]The reporting person elected to settle a portion of his 2015 annual cash incentive bonus in restricted units. Restricted units are 100% vested.