4//SEC Filing
Calumet Specialty Products Partners, L.P. 4
Accession 0001340122-16-000236
CIK 0001340122operating
Filed
May 24, 8:00 PM ET
Accepted
May 25, 6:00 PM ET
Size
15.4 KB
Accession
0001340122-16-000236
Insider Transaction Report
Form 4
Murray Richard Patrick II
Vice President and CFO
Transactions
- Tax Payment
Common Units
2016-05-20−17,409→ 88,835 total - Award
Phantom Units
2016-05-20$6.63/sh+4,400$29,172→ 4,400 total→ Common Units (4,400 underlying) - Award
Restricted Units
2016-05-20$3.92/sh+55,010$215,639→ 55,010 total→ Common Units (55,010 underlying) - Exercise/Conversion
Restricted Units
2016-05-20−55,010→ 0 total→ Common Units (55,010 underlying) - Exercise/Conversion
Common Units
2016-05-20+55,010→ 106,244 total - Award
Phantom Units
2016-05-20$3.63/sh+13,201$47,920→ 23,060 total→ Common Units (13,201 underlying)
Footnotes (6)
- [F1]The reporting person elected to surrender 17,409 common units to satisfy tax withholding liabilities upon delivery of common units in accordance with Rule 16b-3.
- [F2]Each Restricted Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F3]The reporting person elected to settle a portion of his 2015 annual cash incentive bonus in restricted units. Restricted units are 100% vested.
- [F4]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F5]Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. Phantom Units are 100% vested.
- [F6]Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Phantom Units vest on July 1 of each year beginning on July 1, 2017.
Documents
Issuer
Calumet Specialty Products Partners, L.P.
CIK 0001340122
Entity typeoperating
Related Parties
1- filerCIK 0001340122
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 6:00 PM ET
- Size
- 15.4 KB