Fleming Bruce A 4
4 · Calumet Specialty Products Partners, L.P. · Filed Aug 3, 2023
Insider Transaction Report
Form 4
Fleming Bruce A
EVP - Strategy & Growth
Transactions
- Exercise/Conversion
Common Units
2023-04-20+63,203→ 377,551 total - Exercise/Conversion
Phantom Units
2023-04-20−63,203→ 0 total→ Common Units (63,203 underlying) - Award
Phantom Unit
2023-08-01+107,428→ 107,428 total→ Common Units (107,428 underlying) - Tax Payment
Common Units
2023-04-20−24,678→ 352,873 total
Footnotes (4)
- [F1]The reporting person elected to surrender 24,678 common units to satisfy tax withholding liabilities upon delivery of common units in accordance with Rule 16b-3.
- [F2]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [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. Phantom Units are 100% vested.
- [F4]Phantom Units vest on August 1, 2026. Phantom Units will be settled upon vesting.