Sheets Daniel L 4
4 · Calumet Specialty Products Partners, L.P. · Filed Aug 3, 2023
Insider Transaction Report
Form 4
Sheets Daniel L
Director
Transactions
- Award
Phantom Units
2023-08-01+1,819→ 1,819 total→ Common Unit (1,819 underlying) - Award
Phantom Unit
2023-08-01+606→ 606 total→ Common Unit (606 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.