Sheets Daniel L 4
4 · Calumet Specialty Products Partners, L.P. · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Sheets Daniel L
Director
Transactions
- Award
Phantom Units
2023-02-21+1,210→ 1,210 total→ Common Units (1,210 underlying) - Award
Phantom Units
2023-02-21+403→ 403 total→ Common Unit (403 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, 2024.