Funk Robert E 4
4 · Calumet Specialty Products Partners, L.P. · Filed May 7, 2021
Insider Transaction Report
Form 4
Funk Robert E
Director
Transactions
- Award
Phantom Units
2021-05-05+1,910→ 1,910 total→ Common Units (1,910 underlying) - Award
Phantom Units
2021-05-05+637→ 637 total→ Common Units (637 underlying)
Footnotes (3)
- [F1]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F2]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. Phantom Units are 100% vested.
- [F3]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, 2022.