4//SEC Filing
Griffin David West 4
Accession 0001340122-17-000167
CIK 0001340122other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 4:57 PM ET
Size
9.2 KB
Accession
0001340122-17-000167
Insider Transaction Report
Form 4
Griffin David West
EVP and CFO
Transactions
- Purchase
Common Units
2017-08-03$5.15/sh+100$515→ 54,452 total - Purchase
Common Units
2017-08-04$5.35/sh+453$2,424→ 54,905 total - Award
Phantom Units
2017-08-03+250,000→ 250,000 totalExp: 2020-12-31→ Common Units (250,000 underlying)
Footnotes (2)
- [F1]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F2]40% of the Phantom Units will vest on January 1, 2018. An additional, 20% of the Phantom Units will vest at such time, if at all, that the average daily closing price of Calumet Specialty Products Partners, L.P. (the "Partnership") Common Units on the NASDAQ Stock Market LLC ("NASDAQ") during any 120 consecutive calendar day period averages $7 per Common Unit. An additional 20% of the Phantom Units will vest at such time, if at all, that the average daily closing price of the Partnership's Common Units on the NASDAQ during any 120 consecutive calendar day period averages $10 per Common Unit. An additional 20% of the Phantom Units will vest at such time, if at all, that the average daily closing price of the Partnership's Common Units on the NASDAQ during any 120 consecutive calendar day period averages $18 per Common Unit.Settlement will occur on the first to occur of the second anniversary of the reporting person's separation from service, or the issuer's change in control.
Documents
Issuer
Calumet Specialty Products Partners, L.P.
CIK 0001340122
Entity typeother
Related Parties
1- filerCIK 0001392238
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 4:57 PM ET
- Size
- 9.2 KB